Shares in First Financial Bancorp. (FFBC) Acquired by Ameritas Investment Partners Inc

Author

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.


More news


  • At least 29 dead as vehicle bomb hits bank in Afghanistan

    Afghan men carry a victim of a powerful vehicle bomb in Lashkar Gah , the capital of Helmand province, on 22 June 2017. The Taliban control or contest 10 of the 14 districts in Afghanistan's Helmand province.
    Tour of the 'hidden' 5th floor of North Korea's Yanggakdo Hotel

    Tour of the 'hidden' 5th floor of North Korea's Yanggakdo Hotel

    South Korea said the women defected on their own, while North Korea claimed they were deceived and abducted to the South. Trump tweeted ahead of yesterday's talks that Beijing's efforts to sway Pyongyang weren't working.
    Will clear word 'intercourse' if get 1 lakh votes in favour: Nihalani

    Will clear word 'intercourse' if get 1 lakh votes in favour: Nihalani

    Pahlaj refrained from using the word intercourse even in this interview and proved that he is a truly #SanskariNihalani . Censor Board chief Pahlaj Nihalani told Mirror Now .
  • US would like nuclear deal with India to go forward

    US would like nuclear deal with India to go forward

    We will deliberate on means to intensify our cooperation in counter-terrorism and on other worldwide issues of mutual interest. Among other things, Modi and Trump will also be discussing global cooperation and things like burden-sharing.
    Senate Republicans' claim of saving individual health insurance markets could prove hollow

    Senate Republicans' claim of saving individual health insurance markets could prove hollow

    States would continue to receive extra funding for Obamacare's expansion of Medicaid to more poor adults, but only temporarily. But Republicans from states that expanded Medicaid, like Ohio's Rob Portman , want to extend that to seven years.

    NBA Draft 2017: The biggest trades that went down

    He was one of 32 players from seven schools who admitted to point shaving in the infamous City College of New York (CCNY) scandal. Thibodeau has enough young players in Minnesota and wanted a veteran like he had during his successful run coaching the Bulls.
  • North Korea denies torture, call itself 'biggest victim' in Otto Warmbier's death

    North Korea denies torture, call itself 'biggest victim' in Otto Warmbier's death

    South Korea said the women defected on their own, while North Korea claimed they were deceived and abducted to the South. United States doctors said Mr Warmbier had suffered a severe neurological injury from an unknown cause.
    Punjab allows liquor sale on highway restaurants

    Punjab allows liquor sale on highway restaurants

    While liquor vends sell liquor, hotels, restaurants and clubs only serve alcohol for consumption within the premises. Also, liquor vends shall neither be directly visible nor accessible from highways.

    Mission Wealth Management LLC Has $291000 Position in Mylan NV (MYL)

    According to these analysts, the Low Revenue Estimate for Mylan N.V.is 2.91 Billion and the High Revenue Estimate is 3.25 Billion. On Thursday, May 18 DUPERREAULT BRIAN bought $4.92 million worth of American International Group Inc (NYSE:AIG) or 80,000 shares.
  • Shuttler Sindhu crashes out of Australian Open

    Shuttler Sindhu crashes out of Australian Open

    Saina Nehwal registered two straight wins in her first two games against the World No. 4 by winning the first round easily 21-10. Sindhu lost to World No.1 Tzu Ying of Chinese Taipei 21-10, 22-20, 21-16 while Saina was defeated by Sun Yu 17-21, 21-10, 21-17.
    Fultz selected first by 76ers in NBA Draft

    Fultz selected first by 76ers in NBA Draft

    Ball then got the wish he and his father, LaVar, wanted all along by staying in Los Angeles, where he starred last season at UCLA. The New York Knicks selected French point guard Frank Ntilikina of SIG Strasbourg with the eighth overall selection.
    Senate's version of health care plan is terrible

    Senate's version of health care plan is terrible

    In the same tweet, Clinton linked to a story by the Center for American Progress , an independent nonpartisan policy institute. Republican leaders in the House faced the same challenges in March that their Senate counterparts are now confronting.