<div id="readability-page-1"><p>Schroder Investment Management Group raised its position in  Fifth Third Bancorp (NASDAQ:FITB - Free Report) by 16.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities &amp; Exchange Commission. The institutional investor  owned 1,168,323 shares of the financial services provider's stock after acquiring an additional 164,260 shares during the quarter. Schroder Investment Management Group owned 0.17% of Fifth Third Bancorp worth $49,478,000 at the end of the most recent quarter.</p><div><p><span></span><span>Get <strong>Fifth Third Bancorp</strong> alerts:</span></p></div><ul><li>Clearwater Analytics: An affordable, best-of-breed SaaS play</li></ul><p>Other hedge funds also recently made changes to their positions in the company. Retirement Wealth Solutions LLC acquired a new stake in  Fifth Third Bancorp during the 4th quarter valued at $25,000.  Sierra Ocean LLC purchased a new position in  Fifth Third Bancorp in the 4th quarter valued at about $28,000.  BankPlus Trust Department acquired a new stake in shares of  Fifth Third Bancorp during the fourth quarter valued at about $29,000.  Midwest Capital Advisors LLC purchased a new stake in shares of  Fifth Third Bancorp during the fourth quarter worth about $33,000.  Finally, Y.D. More Investments Ltd lifted its stake in shares of  Fifth Third Bancorp by 118.5% in the fourth quarter. Y.D. More Investments Ltd now owns 828 shares of the financial services provider's stock worth $35,000 after acquiring an additional 449 shares in the last quarter. Hedge funds and other institutional investors own  83.79% of the company's stock. </p><h2>Wall Street Analyst Weigh In</h2><p>FITB has been the topic of several analyst reports. Wells Fargo &amp; Company dropped their price objective on Fifth Third Bancorp from $54.00 to $50.00 and set an &#34;overweight&#34; rating on the stock in a report on Friday. Truist Financial lifted their price target on shares of Fifth Third Bancorp from $51.00 to $52.00 and gave the stock a &#34;buy&#34; rating in a research note on Wednesday, January 22nd. Citigroup decreased their price objective on shares of Fifth Third Bancorp from $52.00 to $43.00 and set a &#34;neutral&#34; rating for the company in a report on Monday, March 24th. Barclays boosted their target price on shares of Fifth Third Bancorp from $51.00 to $56.00 and gave the stock an &#34;overweight&#34; rating in a research report on Monday, January 6th. Finally, Stephens  reaffirmed an &#34;equal weight&#34; rating and set a $51.00 price target on shares of Fifth Third Bancorp in a research report on Wednesday, March 5th. One analyst  has rated the stock with a sell rating, nine have issued  a hold rating and ten have issued  a buy rating to the company's stock. According to MarketBeat, the company  has a consensus rating of &#34;Hold&#34; and an average price target of $46.64.</p><ul><li>Are Major U.S. Banks At Risk Of Credit-Ratings Downgrades? </li></ul><p><b>View Our Latest Stock Analysis on Fifth Third Bancorp</b></p><h2>Insiders Place Their Bets</h2><p>In other news, COO James C. Leonard sold 17,200 shares of the business's stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $44.26, for a total transaction of $761,272.00. Following the completion of the transaction, the chief operating officer now directly owns 244,487 shares in the company, valued at approximately $10,820,994.62. The trade was a 6.57 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Kevin P. Lavender sold 21,700 shares of the firm's stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $43.55, for a total value of $945,035.00. Following the completion of the sale, the executive vice president now owns 130,856 shares in the company, valued at approximately $5,698,778.80. This represents a 14.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.53% of the stock is owned by insiders. </p><h2>Fifth Third Bancorp Stock Performance</h2><ul><li>MarketBeat Week in Review – 4/24 - 4/28</li></ul><p>FITB stock opened at $39.20 on Tuesday. Fifth Third Bancorp has a 1 year low of $33.82 and a 1 year high of $49.07. The stock has a market capitalization of $26.19 billion, a price-to-earnings ratio of 12.48, a PEG ratio of 1.42 and a beta of 1.21. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.80 and a current ratio of 0.80. The stock's fifty day moving average is $42.08 and its two-hundred day moving average is $43.52. </p><h2>Fifth Third Bancorp Announces Dividend</h2><p>The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 3.78%. The ex-dividend date is Monday, March 31st. Fifth Third Bancorp's payout ratio is 47.13%. </p><h2>Fifth Third Bancorp Company Profile</h2> (Free Report)<p>Fifth Third Bancorp operates as the bank holding company for Fifth Third Bank, National Association that engages in the provision of a range of financial products and services in the United States. It operates through three segments: Commercial Banking, Consumer and Small Business Banking, and Wealth and Asset Management.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Fifth Third Bancorp</li><li>How to trade penny stocks: A step-by-step guide</li><li>3 Buyable Stocks With Solid Bottoms Ready to Rebound</li><li>How Can Retail Investors Trade the Toronto Stock Exchange (TSX)?</li><li>Advantage+ Shopping: Meta's Fast Growing $20 Billion AI-Ads Star</li><li>The Most Important Warren Buffett Stock for Investors: His Own</li><li>Robotaxi News: What Tesla and Lyft Headlines Mean for Shares</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9RklUQg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9RklUQg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Fifth Third Bancorp Right Now?</h2><p>Before you consider Fifth Third Bancorp, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Fifth Third Bancorp wasn't on the list.</p><p>While Fifth Third Bancorp currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

FITB

<p>Schroder Investment Management Group increased its stake in Fifth Third Bancorp (NASDAQ:FITB) by 16.4% in Q4, owning 1,168,323 shares valued at approximately $49.5 million. Other hedge funds also acquired stakes in the company. Analysts have mixed ratings on FITB, with a consensus rating of "Hold" and an average price target of $46.64. Recent insider sales were reported, with COO James C. Leonard and EVP Kevin P. Lavender selling shares. FITB stock opened at $39.20, with a 1-year range of $33.82 to $49.07, and a market cap of $26.19 billion.</p>

Fifth Third Bancorp (NASDAQ:FITB) Shares Purchased by Schroder Investment Management Group