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Fifth Third Bancorp $FITB Holdings Raised by Evergreen Capital Management LLC
Evergreen Capital Management LLC significantly increased its stake in Fifth Third Bancorp (FITB) by 197.2% in Q4, bringing its total holdings to 50,906 shares valued at $2.4 million. This move contributes to the overall institutional ownership of approximately 83.8% in Fifth Third Bancorp. The company recently reported strong Q1 earnings, beating analyst expectations, declared a $0.40 quarterly dividend, and has seen analysts raise price targets with a ‘Moderate Buy’ consensus rating.