Nykredit A S Takes $11.68 Million Position in Fifth Third Bancorp $FITB

Nykredit A/S has acquired a new position in Fifth Third Bancorp (NASDAQ:FITB), purchasing 207,188 shares valued at approximately $11.68 million in the second quarter. Fifth Third Bancorp reported quarterly revenues of $3.26 billion, exceeding estimates, but its EPS of $0.83 slightly missed expectations. Analysts maintain a "Moderate Buy" rating with an average price target of $60.54, and the company recently increased its quarterly dividend by 5% to $0.42 per share.