Vanguard Group Inc. holds a significant $3.71 billion position in Fifth Third Bancorp ($FITB), owning 12.59% of the company’s shares despite a slight 0.6% reduction in its stake during Q3. Institutional investors collectively own 83.79% of the stock. Analysts are largely bullish on FITB, with a “Moderate Buy” consensus rating and an average price target of $56.56.
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Vanguard Group Inc. Has $3.71 Billion Position in Fifth Third Bancorp $FITB
Vanguard Group Inc. holds a significant $3.71 billion position in Fifth Third Bancorp ($FITB), owning 12.59% of the company’s shares despite a slight 0.6% reduction in its stake during Q3. Institutional investors collectively own 83.79% of the stock. Analysts are largely bullish on FITB, with a “Moderate Buy” consensus rating and an average price target of $56.56.