Stock in Queue: First Bancorp (FBP)

Mae Love
January 13, 2018

On the stock's most recent trading day, the company's shares ended the regular session at $5.11, which is 27.21% higher than its 52-week high. Kbc Gru Nv holds 231,452 shares. The company has a market cap of $1,090.00, a PE ratio of 21.40, a PEG ratio of 1.22 and a beta of 1.10.

Investors sentiment decreased to 1 in 2017 Q3. It has underperformed by 1.75% the S&P500. (FBP) by 49.93% based on its latest 2017Q3 regulatory filing with the SEC. Lee Thomas H Partners Lp sold 10.00M shares as the company's stock declined 17.25% while stock markets rallied. Deutsche Commercial Bank Ag owns 288,390 shares or 0% of their United States portfolio. First Bancorp has a one year low of $4.48 and a one year high of $7.02.

The stock increased 3.07% or $0.16 during the last trading session, reaching $5.38.

Publicly-traded companies normally report earnings and revenue figures that are either above or below the average Wall Street projection. The rating was upgraded by BMO Capital Markets on Wednesday, November 18 to "Outperform". Therefore 29% are positive. DaVita had 34 analyst reports since August 6, 2015 according to SRatingsIntel. On Monday, October 9 the stock rating was downgraded by JP Morgan to "Underweight". Roth Capital maintained the stock with "Buy" rating in Thursday, November 12 report. Zacks' sales calculations are a mean average based on a survey of sell-side research firms that that provide coverage for First Bancorp. The company was upgraded on Tuesday, August 11 by Zacks. The company was maintained on Friday, May 26 by Goldman Sachs. Finally, Brean Capital reaffirmed a "buy" rating on shares of First Bancorp in a research report on Tuesday, December 5th. Hartford Management reported 519,153 shares. Citigroup has "Neutral" rating and $7 target. Company insiders own 2.37% of the company's stock. Gsa Cap Llp reported 8,644 shares. On Monday, December 11 the insider BERG CHARLES sold $488,016. $389,506 worth of DaVita Inc. (NYSE:DVA) was sold by HILGER JAMES K on Thursday, December 7. D E Shaw & invested in 2.78M shares. They expect $-0.21 earnings per share, down 90.91% or $0.10 from last year's $-0.11 per share. Its down 0.67, from 1.73 in 2017Q2. There were 11 sold out positions, on the other hand, totaling 804,564 shares. 142 funds opened positions while 524 raised stakes. Finally, its 100-day average volume is 1,939,233 shares with 67% of long-term indicators pointing to Sell. Vanguard Group Inc holds 0% or 17.01M shares. Smith Salley And Assocs invested in 1.34% or 66,348 shares. 225,662 are owned by Castine Capital Ltd Liability. Alyeska Group L P owns 0.39% invested in RPC, Inc. Tiger Global Mgmt Ltd Liability invested 0.82% in Visa Inc. 964.87 million shares or 1.00% less from 974.57 million shares in 2017Q2 were reported. Ftb Advsrs Inc stated it has 0% of its portfolio in First Bancorp (NASDAQ:FBNC). North Star Inv Management holds 0.03% of its portfolio in Visa Inc. (NYSE:DVA) or 5,270 shares. Academy Capital Tx owns 5.21% invested in Pepsico, Inc. (NYSE:DVA) for 3,427 shares. (NASDAQ:PEP). Moreover, Company Of Virginia Va has 1.44% invested in Pepsico, Inc. (NYSE:DVA) for 6,180 shares. The Michigan-based Greenleaf has invested 0% in The Middleby Corporation (NASDAQ:MIDD). Zurcher Kantonalbank (Zurich Cantonalbank) reported 3,308 shares. Texas Permanent School Fund invested 0.03% of its portfolio in DaVita Inc. Spears Abacus Advsr Lc owns 2,030 shares or 0.03% of their USA portfolio. Bnp Paribas Arbitrage Sa, a New York-based fund reported 106,271 shares. Macquarie Grp Inc Ltd has 128,800 shares for 0% of their portfolio. First Bancorp (NASDAQ:FBNC) has risen 47.69% since January 9, 2017 and is uptrending. FBP's profit will be $10.81M for 25.98 P/E if the $0.05 EPS becomes a reality. After $0.13 actual EPS reported by First Bancorp for the previous quarter, Wall Street now forecasts -61.54% negative EPS growth.

Investors sentiment decreased to 0.8 in Q3 2017. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.08%. It improved, as 7 investors sold FBP shares while 36 reduced holdings. 32 funds opened positions while 96 raised stakes. First Bancorp/Puerto Rico now has $1.16B valuation. Rhumbline Advisers reported 0% in First Bancorp (NYSE:FBP).

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COPYRIGHT VIOLATION NOTICE: "First Bancorp (FBNC) Expected to Post Quarterly Sales of $64.13 Million" was originally posted by StockNewsTimes and is owned by of StockNewsTimes. Captrust Financial Advisors acquired a new stake in shares of First Bancorp during the second quarter valued at approximately $146,000. Strs Ohio holds 158,800 shares or 0% of its portfolio. Cap Incorporated Ca reported 4,600 shares. Two Sigma Securities Ltd Llc owns 11,411 shares.

First Bancorp (NASDAQ:FBNC) was downgraded by Zacks Investment Research from a "buy" rating to a "hold" rating in a research note issued on Tuesday, December 26th. Therefore 44% are positive. First Internet Bancorp had 10 analyst reports since July 27, 2015 according to SRatingsIntel. The rating was maintained by Citigroup with "Neutral" on Monday, November 20. The stock of First Internet Bancorp (NASDAQ:INBK) earned "Buy" rating by Keefe Bruyette & Woods on Monday, September 18. Keefe Bruyette & Woods maintained the stock with "Buy" rating in Monday, June 26 report. The firm has "Buy" rating by Guggenheim given on Monday, July 27. The stock of First Bancorp (NYSE:FBP) earned "Buy" rating by Keefe Bruyette & Woods on Wednesday, October 4. Piper Jaffray initiated First Bancorp (NYSE:FBP) on Friday, April 8 with "Overweight" rating. The firm earned "Buy" rating on Thursday, December 21 by Citigroup. Bank of America maintained it with "Neutral" rating and $6 target in Wednesday, November 8 report.

Since August 7, 2017, it had 0 insider buys, and 3 selling transactions for $169.65 million activity.

First Bancorp (NYSE:FBP) as of recent trade, has shown weekly upbeat performance of 2.76% which was maintained at 3.78% in 1-month period.

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