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Comerica Bank Has $5.52 Million Stock Position in Fifth Third Bancorp $FITB
Comerica Bank significantly reduced its stake in Fifth Third Bancorp by 55.9% in the fourth quarter, selling 149,368 shares and holding 117,988 shares valued at approximately $5.52 million. Despite this, other institutional investors have increased their holdings, and Fifth Third Bancorp reported an earnings beat, a dividend of $0.40 per share, and holds a “Moderate Buy” consensus rating from analysts. Insiders have recently conducted small sales of the stock.