First Comwlth Finl Pa (FCF) Share Price Declined While Deutsche Bank Ag Increased Position by $1.30 Million; Kb Financial Group (KB) Shares Declined While Mittleman Brothers Has Trimmed Its Holding

April 17, 2018 - By Marguerite Chambers

First Commonwealth Financial Corporation (NYSE:FCF) Logo

Mittleman Brothers Llc decreased its stake in Kb Financial Group Inc (KB) by 8.49% based on its latest 2017Q4 regulatory filing with the SEC. Mittleman Brothers Llc sold 38,575 shares as the company’s stock declined 3.04% with the market. The hedge fund held 415,647 shares of the commercial banks company at the end of 2017Q4, valued at $24.32 million, down from 454,222 at the end of the previous reported quarter. Mittleman Brothers Llc who had been investing in Kb Financial Group Inc for a number of months, seems to be less bullish one the $22.18 billion market cap company. The stock decreased 0.50% or $0.28 during the last trading session, reaching $55.46. About 57,723 shares traded. KB Financial Group Inc. (NYSE:KB) has risen 25.49% since April 17, 2017 and is uptrending. It has outperformed by 13.94% the S&P500.

Deutsche Bank Ag increased its stake in First Comwlth Finl Corp Pa (FCF) by 42.97% based on its latest 2017Q4 regulatory filing with the SEC. Deutsche Bank Ag bought 92,656 shares as the company’s stock declined 5.84% with the market. The institutional investor held 308,279 shares of the major banks company at the end of 2017Q4, valued at $4.41 million, up from 215,623 at the end of the previous reported quarter. Deutsche Bank Ag who had been investing in First Comwlth Finl Corp Pa for a number of months, seems to be bullish on the $1.40B market cap company. The stock decreased 0.69% or $0.1 during the last trading session, reaching $14.31. About 129,863 shares traded. First Commonwealth Financial Corporation (NYSE:FCF) has risen 7.69% since April 17, 2017 and is uptrending. It has underperformed by 3.86% the S&P500.

Among 3 analysts covering HB Financial Group (NYSE:KB), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. HB Financial Group had 3 analyst reports since July 24, 2015 according to SRatingsIntel. Nomura upgraded the shares of KB in report on Friday, July 24 to “Buy” rating. The firm has “Overweight” rating by Morgan Stanley given on Thursday, February 23. The stock of KB Financial Group Inc. (NYSE:KB) has “Overweight” rating given on Monday, February 13 by JP Morgan.

Mittleman Brothers Llc, which manages about $359.54 million and $223.38 million US Long portfolio, upped its stake in Kt Corp (NYSE:KT) by 23,128 shares to 1.44M shares, valued at $22.45 million in 2017Q4, according to the filing.

Investors sentiment decreased to 1.32 in 2017 Q4. Its down 0.15, from 1.47 in 2017Q3. It turned negative, as 12 investors sold FCF shares while 45 reduced holdings. 18 funds opened positions while 57 raised stakes. 63.90 million shares or 1.23% more from 63.12 million shares in 2017Q3 were reported. Tci Wealth Inc holds 90 shares. S&T National Bank Pa reported 0.04% stake. Northwestern Mutual Wealth Co holds 0% in First Commonwealth Financial Corporation (NYSE:FCF) or 135 shares. Federated Invsts Inc Pa owns 557 shares. Aperio Grp Incorporated Lc has 0% invested in First Commonwealth Financial Corporation (NYSE:FCF). Alliancebernstein Limited Partnership holds 2.20M shares or 0.02% of its portfolio. 349 were accumulated by Tower Cap Ltd Liability (Trc). 21,881 are owned by Assetmark Inc. Amalgamated State Bank invested in 13,987 shares or 0.01% of the stock. Morgan Stanley has 326,055 shares for 0% of their portfolio. Vanguard Gru Incorporated, a Pennsylvania-based fund reported 9.03M shares. Secor Capital Advisors Limited Partnership, New York-based fund reported 134,271 shares. Citigroup owns 3,090 shares. Legal & General Group Incorporated Public Ltd Com stated it has 0% of its portfolio in First Commonwealth Financial Corporation (NYSE:FCF). Buckingham Asset Mgmt Ltd Liability Corporation invested in 73,668 shares or 0.22% of the stock.

Deutsche Bank Ag, which manages about $156.11 billion US Long portfolio, decreased its stake in Buckeye Partners LP (NYSE:BPL) by 233,783 shares to 1.11M shares, valued at $55.16 million in 2017Q4, according to the filing. It also reduced its holding in Firstservice Corp New by 35,502 shares in the quarter, leaving it with 140,598 shares, and cut its stake in Insmed Inc (NASDAQ:INSM).

First Commonwealth Financial Corporation (NYSE:FCF) Institutional Positions Chart

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