95,799 Shares in Fifth Third Bancorp $FITB Purchased by AMJ Financial Wealth Management

Core Insights - Fifth Third Bancorp has seen increased institutional investment, with 83.79% of its stock currently owned by institutional investors [1] - The company reported earnings of $0.91 per share and revenue of $3.82 billion for the last quarter, with a return on equity of 13.53% and a net margin of 19.50% [3] - The stock has a market capitalization of $35.45 billion, with a PE ratio of 15.15 and a 12-month price range between $32.25 and $55.44 [2] Institutional Investment - Wealthquest Corp increased its stake by 2.3%, owning 11,068 shares valued at $493,000 after purchasing 244 additional shares [1] - Tiemann Investment Advisors LLC raised its holdings by 3.9%, now owning 6,700 shares worth $276,000 after buying 250 shares [1] - Capital Investment Advisory Services LLC grew its position by 1.1%, owning 22,686 shares valued at $1,011,000 after acquiring 251 shares [1] Stock Performance - Shares of Fifth Third Bancorp opened at $53.62, with a current ratio of 0.83 and a quick ratio of 0.82 [2] - The stock has a 50-day moving average price of $50.29 and a 200-day moving average price of $46.02 [2] - The company has a debt-to-equity ratio of 0.68, indicating a moderate level of debt [2] Dividend Information - The company announced a quarterly dividend of $0.40, representing an annualized dividend of $1.60 and a yield of 3.0% [4] - The dividend payout ratio stands at 45.20%, indicating a balanced approach to returning capital to shareholders [4] Insider Transactions - EVP Jude Schramm sold 2,250 shares at an average price of $48.50, totaling $109,125, resulting in a 1.71% decrease in their position [5] - Corporate insiders own 0.53% of the company's stock, reflecting limited insider ownership [5] Analyst Ratings and Forecasts - Wolfe Research raised its target price from $55.00 to $57.00, rating the stock as "outperform" [6] - Jefferies Financial Group increased its price objective from $55.00 to $60.00, giving the stock a "buy" rating [6] - Sixteen analysts rated the stock as a "Buy," while four assigned a "Hold" rating, with an average target price of $56.56 [8]