5 Best Local Bank Stocks to Buy According to Hedge Funds

4. Fifth Third Bancorp (NASDAQ:FITB)

Number of Hedge Fund Holders: 44

Our hedge fund data for the first quarter shows 44 funds long Fifth Third Bancorp (NASDAQ:FITB). Their total stake value in the company was $466 million.

Fifth Third Bancorp (NASDAQ:FITB) is a diversified financial services company based in Cincinnati, Ohio. The company provides commercial banking, consumer and small business banking, and wealth and asset management services.

RBC Capital analyst Gerard Cassidy holds an Outperform rating on Fifth Third Bancorp (NASDAQ:FITB) shares as of June 15, alongside a $36 price target.

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