Sanders Capital Trimmed Fifth Third Bancorp (FITB) Holding; Grand Canyon Education (LOPE) Has 1.26 Sentiment

November 13, 2017 - By Nellie Frank

Sanders Capital Llc decreased Fifth Third Bancorp (FITB) stake by 5.84% reported in 2017Q2 SEC filing. Sanders Capital Llc sold 802,500 shares as Fifth Third Bancorp (FITB)’s stock declined 12.20%. The Sanders Capital Llc holds 12.93 million shares with $357.76 million value, down from 13.73M last quarter. Fifth Third Bancorp now has $19.89B valuation. The stock declined 0.31% or $0.09 reaching $28.1 per share. About 7.39 million shares traded or 63.50% up from the average. Fifth Third Bancorp (NASDAQ:FITB) has risen 33.30% since November 13, 2016 and is uptrending. It has outperformed by 16.60% the S&P500.

Grand Canyon Education, Inc. is engaged in the provision of postsecondary education. The company has market cap of $4.39 billion. The Firm is a regionally accredited university. It has a 23.89 P/E ratio. The Firm offers the degrees, including Doctor of Education, Doctor of Business Administration, Doctor of Nursing Practice, Doctor of Philosophy, Education Specialist, Master of Divinity, Master of Arts, Master of Education, Master of Business Administration and Master of Public Administration, Master of Public Health, Master of Science, Bachelor of Arts, Bachelor of Science, and a range of programs for its degrees.

Among 30 analysts covering Fifth Third (NASDAQ:FITB), 5 have Buy rating, 2 Sell and 23 Hold. Therefore 17% are positive. Fifth Third had 81 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Fifth Third Bancorp (NASDAQ:FITB) earned “Outperform” rating by Oppenheimer on Friday, January 22. The stock of Fifth Third Bancorp (NASDAQ:FITB) earned “Equal-Weight” rating by Stephens on Wednesday, October 5. The rating was maintained by Barclays Capital with “Equal Weight” on Tuesday, January 3. RBC Capital Markets maintained the shares of FITB in report on Wednesday, October 25 with “Buy” rating. The firm has “Sell” rating given on Wednesday, January 11 by UBS. The rating was maintained by RBC Capital Markets with “Buy” on Thursday, September 7. Nomura maintained the shares of FITB in report on Thursday, September 28 with “Neutral” rating. The firm earned “Neutral” rating on Thursday, April 7 by JP Morgan. The rating was downgraded by Guggenheim to “Neutral” on Wednesday, October 21. The firm has “Mkt Perform” rating by Bernstein given on Wednesday, November 16.

Sanders Capital Llc increased Alphabet Inc stake by 32,770 shares to 1.23 million valued at $1.22 billion in 2017Q2. It also upped Johnson & Johnson (NYSE:JNJ) stake by 122,500 shares and now owns 4.48 million shares. Calatlantic Group Inc was raised too.

Investors sentiment decreased to 0.81 in Q2 2017. Its down 0.04, from 0.85 in 2017Q1. It turned negative, as 52 investors sold FITB shares while 217 reduced holdings. 61 funds opened positions while 157 raised stakes. 573.75 million shares or 3.06% less from 591.88 million shares in 2017Q1 were reported. Gulf International Fincl Bank (Uk) Ltd owns 0.09% invested in Fifth Third Bancorp (NASDAQ:FITB) for 247,268 shares. Beck Mack & Oliver Lc reported 0.01% in Fifth Third Bancorp (NASDAQ:FITB). Whittier Com Of Nevada Inc invested in 0% or 794 shares. Citigroup owns 806,010 shares for 0.02% of their portfolio. Apg Asset Mngmt Nv has 0.03% invested in Fifth Third Bancorp (NASDAQ:FITB) for 661,391 shares. Teachers Retirement Sys Of The State Of Kentucky holds 217,687 shares or 0.07% of its portfolio. Pub Sector Pension Board invested in 0.02% or 84,811 shares. Baldwin Brothers Inc Ma has 0.01% invested in Fifth Third Bancorp (NASDAQ:FITB). Farmers Natl Bank reported 5,137 shares stake. Heathbridge Capital Mgmt Ltd reported 17,000 shares. Archford Strategies Limited Liability holds 9,328 shares or 0.75% of its portfolio. Lynch In holds 0.18% or 17,845 shares in its portfolio. Oakbrook Invs Ltd Liability Corp invested 0.09% in Fifth Third Bancorp (NASDAQ:FITB). Gateway Investment Advisers has invested 0.03% in Fifth Third Bancorp (NASDAQ:FITB). Fulton Financial Bank Na, a Pennsylvania-based fund reported 8,517 shares.

Analysts await Fifth Third Bancorp (NASDAQ:FITB) to report earnings on January, 23. They expect $0.49 earnings per share, up 2.08% or $0.01 from last year’s $0.48 per share. FITB’s profit will be $346.84 million for 14.34 P/E if the $0.49 EPS becomes a reality. After $0.48 actual earnings per share reported by Fifth Third Bancorp for the previous quarter, Wall Street now forecasts 2.08% EPS growth.

Analysts await Grand Canyon Education Inc (NASDAQ:LOPE) to report earnings on February, 15. They expect $1.10 EPS, up 8.91% or $0.09 from last year’s $1.01 per share. LOPE’s profit will be $52.98M for 20.71 P/E if the $1.10 EPS becomes a reality. After $0.81 actual EPS reported by Grand Canyon Education Inc for the previous quarter, Wall Street now forecasts 35.80% EPS growth.

Van Berkom & Associates Inc. holds 4.55% of its portfolio in Grand Canyon Education Inc for 1.60 million shares. Neumeier Poma Investment Counsel Llc owns 496,925 shares or 4.54% of their US portfolio. Moreover, Lyon Street Capital Llc has 3.78% invested in the company for 119,826 shares. The Minnesota-based Riverbridge Partners Llc has invested 3.72% in the stock. Harvest Capital Strategies Llc, a California-based fund reported 310,000 shares.

Since January 1, 0001, it had 0 insider purchases, and 3 sales for $5.08 million activity.

The stock decreased 0.09% or $0.08 on November 13, reaching $91.14. About 172,558 shares traded. Grand Canyon Education Inc (LOPE) has risen 85.46% since November 13, 2016 and is uptrending. It has outperformed by 68.76% the S&P500.

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