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Amundi Increases Stake in Fifth Third Bancorp as EPS Slightly Misses

Amundi logoAmundi
Sig1.35Sen+2.10Env0.00Soc0.00Gov0.00
Fifth Third Bank logoFifth Third Bank
Sig1.45Sen+0.65Env0.00Soc0.00Gov0.00

Amundi bought an additional 323,768 shares of Fifth Third Bancorp, bringing its total to 1,993,814 shares. California State Teachers Retirement System also increased its stake. Fifth Third reported quarterly EPS of $0.83, missing analysts’ $0.84 consensus by $0.01. Morgan Stanley and Bank of America raised price targets and maintained buy ratings.

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