Benin Management Cut Fifth Third Bancorp (FITB) Holding; MINDBODY (MB) Covered By 7 Bullish Analysts Last Week

July 14, 2017 - By Nellie Frank

Among 9 analysts covering Mindbody Inc (NASDAQ:MB), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 78% are positive. Mindbody Inc had 12 analyst reports since September 28, 2015 according to SRatingsIntel. The firm earned “Outperform” rating on Monday, October 31 by Imperial Capital. Imperial Capital maintained the shares of MB in report on Friday, July 29 with “Outperform” rating. On Friday, May 5 the stock rating was downgraded by Pacific Crest to “Sector Weight”. The stock of MINDBODY Inc (NASDAQ:MB) has “Buy” rating given on Friday, September 23 by Roth Capital. The rating was initiated by J.P. Morgan on Friday, June 9 with “Buy”. The stock of MINDBODY Inc (NASDAQ:MB) has “Buy” rating given on Tuesday, June 6 by Roth Capital. Imperial Capital initiated MINDBODY Inc (NASDAQ:MB) rating on Tuesday, June 7. Imperial Capital has “Outperform” rating and $18 target. The stock has “Equal-Weight” rating by Morgan Stanley on Monday, September 28. KeyBanc Capital Markets maintained the stock with “Overweight” rating in Tuesday, September 13 report. See MINDBODY Inc (NASDAQ:MB) latest ratings:

09/06/2017 Broker: J.P. Morgan Rating: Buy New Target: $38.0000 Initiate
06/06/2017 Broker: Roth Capital Rating: Buy New Target: $31.5000 Maintain
05/05/2017 Broker: Pacific Crest Old Rating: Overweight New Rating: Sector Weight Downgrade

Benin Management Corp decreased Fifth Third Bancorp (FITB) stake by 14.91% reported in 2016Q4 SEC filing. Benin Management Corp sold 22,200 shares as Fifth Third Bancorp (FITB)’s stock declined 12.20%. The Benin Management Corp holds 126,675 shares with $3.42 million value, down from 148,875 last quarter. Fifth Third Bancorp now has $19.66B valuation. The stock increased 0.66% or $0.17 during the last trading session, reaching $26.28. About shares traded. Fifth Third Bancorp (NASDAQ:FITB) has risen 33.30% since July 14, 2016 and is uptrending. It has outperformed by 16.60% the S&P500.

The stock decreased 1.26% or $0.33 during the last trading session, reaching $25.52. About shares traded. MINDBODY Inc (NASDAQ:MB) has risen 108.43% since July 14, 2016 and is uptrending. It has outperformed by 91.73% the S&P500.

MINDBODY, Inc. is a provider of cloud business management software for the wellness services industry and operates as a consumer marketplace with local business subscribers on its platform. The company has market cap of $1.17 billion. The Company’s subscribers provide a range of wellness services to active consumers. It currently has negative earnings. The Company’s integrated software and payments platform helps business owners in the wellness services industry run, market and build their businesses.

Investors sentiment increased to 0.93 in 2016 Q4. Its up 0.24, from 0.69 in 2016Q3. It is positive, as 36 investors sold FITB shares while 230 reduced holdings. 93 funds opened positions while 154 raised stakes. 604.34 million shares or 0.54% more from 601.09 million shares in 2016Q3 were reported. Olstein Capital Mgmt Limited Partnership accumulated 242,000 shares. Tradition Mgmt Ltd Com has 8,825 shares for 0.08% of their portfolio. 21,781 are held by Berkshire Asset Management Limited Liability Co Pa. Ftb Advisors Incorporated owns 6,194 shares for 0.02% of their portfolio. Seizert Capital Prns Ltd Limited Liability Company stated it has 2.49% in Fifth Third Bancorp (NASDAQ:FITB). Farmers Comml Bank holds 0.08% or 5,137 shares in its portfolio. Virginia-based Rdl Fincl Incorporated has invested 2.04% in Fifth Third Bancorp (NASDAQ:FITB). 1.10M are owned by Schwartz Invest Counsel. Mountain Pacific Inv Advisers Id accumulated 24,320 shares. Alphamark Advsr Ltd Liability Com holds 2.35% in Fifth Third Bancorp (NASDAQ:FITB) or 168,840 shares. Moreover, Sandy Spring Commercial Bank has 0% invested in Fifth Third Bancorp (NASDAQ:FITB). Moreover, Pitcairn Co has 0.06% invested in Fifth Third Bancorp (NASDAQ:FITB) for 17,175 shares. Ameritas Prns has invested 0.02% in Fifth Third Bancorp (NASDAQ:FITB). Engines Ltd Limited Liability Company invested in 0.16% or 116,873 shares. Denali Lc reported 120,400 shares.

Analysts await Fifth Third Bancorp (NASDAQ:FITB) to report earnings on July, 27. They expect $0.42 EPS, up 5.00% or $0.02 from last year’s $0.4 per share. FITB’s profit will be $314.20M for 15.64 P/E if the $0.42 EPS becomes a reality. After $0.38 actual EPS reported by Fifth Third Bancorp for the previous quarter, Wall Street now forecasts 10.53% EPS growth.