24 June, 2017
Investors are usually on the lookout for the next great stock pick. The rating was downgraded by Keefe Bruyette & Woods to "Market Perform" on Friday, September 4. They now have a United States dollars 20 price target on the stock. American Century Companies Inc. now owns 195,286 shares of the bank's stock valued at $5,361,000 after buying an additional 172,249 shares in the last quarter. It has outperformed by 42.98% the S&P500.
Among 6 analysts covering First Bancorp (NASDAQ:FBNC), 2 have Buy rating, 1 Sell and 3 Hold. Therefore 60% are positive. Beta can be useful to gauge stock price volatility in relation to the broader market. Compass Point maintained First Connecticut Bancorp Inc (NASDAQ:FBNK) rating on Friday, January 29. The rating was upgraded by Sterne Agee CRT to "Buy" on Friday, July 31. Finally, BidaskClub raised First Financial Bancorp. from a "hold" rating to a "buy" rating in a report on Wednesday, June 14th. (NYSE:SE) on Thursday, August 6 to "Sector Perform" rating.
This is based on a scale where a 5 would indicate a Strong Buy, a 4 would equal a Moderate Buy, 3 a hold, 2 a moderate sell, and a rating of 1 would indicate a Strong Sell. Shares for $35,280 were sold by PANCHAM CASSAN on Wednesday, March 15. First Internet Bancorp is based in Indianapolis, United States. First Financial Bancorp.'s dividend payout ratio (DPR) is 45.33%. The target implies a 9.37% spike from where the shares are now trading.
Analysts await First Bancorp (NYSE:FBP) to report earnings on July, 25. During the same quarter in the prior year, the company earned $0.32 EPS. FBP's profit will be $23.21 million for 12.39 P/E if the $0.11 EPS becomes a reality. The bank reported $0.39 EPS for the quarter, beating the Zacks' consensus estimate of $0.35 by $0.04. Therefore 73% are positive. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company's stock. Piper Jaffray initiated the stock with "Overweight" rating in Friday, April 8 report. PiperJaffray downgraded First Connecticut Bancorp Inc (NASDAQ:FBNK) on Wednesday, June 14 to "Neutral" rating. (NYSE:SE). 3,808 were reported by Oakworth Capital.
Investors sentiment increased to 1.89 in 2016 Q4. This represents a $0.32 annualized dividend and a dividend yield of 1.06%. It turned negative, as 14 investors sold First Financial Bancorp shares while 52 reduced holdings. Year to date is -18.99%, -13.03% over the last quarter, -20.78% for the past six months and -10.01% over the last 12 months. Bank of New York Mellon Corp now owns 27,233 shares of the bank's stock worth $804,000 after buying an additional 4,182 shares during the period. Wedge Cap L Limited Partnership Nc stated it has 41,000 shares or 0.01% of all its holdings. Northwestern Mutual Wealth Mngmt reported 0% in First Bancorp (NYSE:FBP). Deutsche Comml Bank Ag holds 0% in First Financial Bancorp (NASDAQ:FFBC) or 70,697 shares. Bessemer Incorporated owns 452 shares or 0% of their U.S. portfolio. The firm exchanged a volume of 0.77 million shares at hands. Northern Tru owns 1.90 million shares.
Avon Products, Inc. (NYSE:AVP) shares were last seen up 0.29% at $3.46, which is 34.78% higher than the previous trading session. Los Angeles Capital Management Equity Inc invested 0% in First Bancorp (NASDAQ:FBNC). Credit Suisse Ag stated it has 79,169 shares. Millennium accumulated 0% or 22,784 shares. Its down 0.16, from 0.98 in 2016Q3. It improved, as 55 investors sold DHR shares while 315 reduced holdings. 61 funds opened positions while 244 raised stakes. $6,734 worth of stock was bought by Neighbours John T on Thursday, January 5. Moreover, Brave Asset Mgmt has 0.24% invested in Spectra Energy Corp. (NASDAQ:NTCT) for 46,587 shares. Insiders own 21.10% of the company's stock. Banc Funds Ltd Liability Company holds 0.58% or 500,164 shares in its portfolio. 7,800 are held by Pillar Pacific Cap Mgmt Ltd Liability. Moreover, Mcmillion Management Incorporated has 1.23% invested in Danaher Corporation (NYSE:DHR). Barclays Public Limited Company holds 351 shares. Indexiq Advsrs has invested 0.28% of its portfolio in Spectra Energy Corp.
Zebra Capital Management Llc increased Kroger Co Com Stk (NYSE:KR) stake by 15,043 shares to 59,672 valued at $2.06 million in 2016Q4. 742,087 are owned by Blackrock Advisors. Shares for $891,937 were sold by LOHR WALTER G. Another trade for 196,309 shares valued at $16.44 million was made by Joyce Thomas Patrick JR on Wednesday, February 1.
Since February 3, 2017, it had 0 buys, and 5 sales for $599,885 activity. Berges Gonzalez Orlando had sold 50,000 shares worth $300,905. The insider Silva Paul C sold 1,713 shares worth $47,384. Market watchers will be closely following company shares into the second half of the year. The Company's solutions are used in various service provider, enterprise and government networks. It has a 17.56 P/E ratio. The Company's nGenius and Infinistream technologies, along with certain product lines from the acquired businesses, enable information technology (IT) organizations to manage service delivery quality, and identify and address business service performance issues and security threats.