First Connecticut Bancorp, Inc. (NASDAQ:FBNK) Stake Held by Teachers Advisors LLC

California State Teachers Retirement Sys holds 0.01% or 224,284 shares. Sold All: 7 Reduced: 25 Increased: 42 New Position: 22. The stock decreased 0.83% or $0.05 during the last trading session, reaching $5.97. Following the completion of the sale, the executive vice president now directly owns 446,014 shares in the company, valued at approximately $2,698,384.70. (NASDAQ:RMBS) has risen 7.57% since July 6, 2016 and is uptrending. It has underperformed by 59.49% the S&P500. FBP's profit would be $25.06M giving it 13.57 P/E if the $0.11 EPS is correct.

First Bancorp (NASDAQ:FBNC) has earned an average rating of "Buy" from the six analysts that are presently covering the stock, Marketbeat.com reports. The stock price increased 3.90% or $-1 versus $25.65 at the end of the prior session.

Media coverage about First Bancorp (NASDAQ:FBNC) has been trending somewhat positive recently, according to Accern Sentiment. It has outperformed by 30.99% the S&P500. (NASDAQ:RMBS). Bessemer Grp invested 0% in Rambus Inc. Over the past 2 quarters, the stock is up 17.66%, compared with a gain of almost 9.00% for 3 months and about 2.70% for the past 30 days. 5 funds opened positions while 20 raised stakes. Credit Suisse Ag has 0% invested in First Bancorp (NASDAQ:FBNC). Rock Point Advsrs Lc owns 1.00 million shares for 3.41% of their portfolio. Ls Invest Limited Co owns 0% invested in Rambus Inc. Veritable Ltd Partnership holds 0.33% or 317,572 shares in its portfolio. Basswood owns 0.09% invested in First Bancorp (NASDAQ:FBNC) for 78,755 shares. The stock is expected to report revenue as high as $24.5M and as low as $23.6M per share. Gemmer Asset Mngmt Limited Liability owns 1,373 shares. The company has market cap of $306.28 million. The Company's products include the Insignia Point-of-Purchase Services (POPS) in-store marketing program, thermal sign card supplies for the Company's Impulse Retail System, laser printable cardstock and label supplies, and The Like Machine.

Investors sentiment increased to 1.15 in Q4 2016. Its down 0.13, from 1.6 in 2016Q3.

Spider-Man IMAX Poster, Screen Time in Infinity War Revealed
Fans can now expect the model of having each of Peter Parker's solo films take place during one school year. I don't know about you, but I think Jeffrey Dean Morgan would be the ideal pick for the character.

First Trust Advisors LP reduced its stake in shares of First Connecticut Bancorp, Inc. Also, the number of hedge funds holding First Connecticut Bancorp Inc in their top 10 equity positions was flat from 1 to 1 for the same number. American Int accumulated 8,036 shares. Vanguard Gp Inc stated it has 707,739 shares. Zacks upgraded First Connecticut Bancorp Inc (NASDAQ:FBNK) rating on Wednesday, August 12. Manufacturers Life Communications The has invested 0.02% in First Connecticut Bancorp Inc (NASDAQ:FBNK). FMR LLC acquired a new position in shares of First Connecticut Bancorp during the fourth quarter valued at $4,611,000. California State Teachers Retirement holds 1.15% of its portfolio in AT&T Inc. Putnam Investments LLC boosted its position in shares of First Connecticut Bancorp by 2.2% in the fourth quarter. Renaissance Technologies LLC now owns 248,700 shares of the bank's stock worth $5,633,000 after buying an additional 43,200 shares during the last quarter.

Shares of First Bancorp (FBNC) opened at 31.42 on Thursday. Nonetheless, from here on out, earnings per share forecasts for the current quarter are $0.34.

First Bancorp is the bank holding company for First Bank (the Bank). The company has market cap of $440.93 million. The Company operates through its subsidiary, Farmington Bank (the Bank), which is a full-service community bank with branch locations throughout central CT and western MA. It has a 23.76 P/E ratio. After having $0.32 EPS previously, First Connecticut Bancorp Inc's analysts see 3.13 % EPS growth. Therefore 60% are positive. Keefe, Bruyette & Woods reaffirmed a "buy" rating and issued a $34.00 price objective on shares of First Bancorp in a research note on Monday, June 26th. Out of 4 Wall Street analysts rating First Connecticut Bancorp, 2 give it "Buy", 0 "Sell" rating, while 2 recommend "Hold". On Thursday, September 17 the stock rating was upgraded by Sidoti to "Buy". Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company was downgraded on Wednesday, September 2 by Zacks. PiperJaffray downgraded First Connecticut Bancorp Inc (NASDAQ:FBNK) on Wednesday, November 16 to "Neutral" rating. FBR Capital maintained the shares of T in report on Thursday, January 26 with "Mkt Perform" rating.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Related News:

  • 2 killed, damage reported after magnitude 6.5 natural disaster  strikes central Philippines

    2 killed, damage reported after magnitude 6.5 natural disaster strikes central Philippines

    The strong shaking caused cracks in some buildings and roads in the city and power was automatically shut off, Gomez said. The whole province was severely damaged in November 2013 after Super Typhoon Haiyan trashed the central Philippines.
    Be warned: A butter and cream shortage may be looming

    Be warned: A butter and cream shortage may be looming

    The fall in sterling following last year's Brexit referendum has also contributed to the rising price of milk. To what degree price increases are transmitted to consumers is a matter for retailers.
    Enjoy batting, stepping up for Team India, says Mithali Raj

    Enjoy batting, stepping up for Team India, says Mithali Raj

    India will next take on South Africa on July 8 while Lanka will lock horns with West Indies a day later. By the end of 23rd over, Sri Lanka had been able to manage only 70 runs for a loss of two wickets.
  • RB DeAngelo Williams is 'definitely playing football' in 2017

    RB DeAngelo Williams is 'definitely playing football' in 2017

    As for his next appearance in an athletic event, Williams told Schefter, "I'm definitely playing football [this year]. Additionally, Fitzgerald Toussaint will be back in training camp looking to fight for a spot on the 53-man roster.
    US Trade Deficit Narrows In May

    US Trade Deficit Narrows In May

    Both imports and exports have risen this year, reflecting a stronger global economy driving an upswing in world trade flows. Exports, meanwhile, rose for the third month in a row, up 1.3 per cent to a record high $48.7 billion during the month.
    Fed minutes may give clues on timing of balance-sheet runoff

    Fed minutes may give clues on timing of balance-sheet runoff

    After that meeting, the Fed announced it planned to start reducing the balance sheet sometime this year but provided no timetable. Among the strong aspects of the USA economy are an improved labor market, consumer spending and business investments.
  • Nifty chasing 9700, Markets few points away from record high

    Nifty chasing 9700, Markets few points away from record high

    Reliance Industries rose 0.1 percent, its fourth consecutive session of gains amidst hopes of improved quarterly earnings. The 30-share benchmark Sensex resumed higher and hit 31,408.80 at 1118 hours, up 163.24 points, or 0.52 per cent.
    Pennsylvania set to suspend registrations for unpaid turnpike tolls

    Pennsylvania set to suspend registrations for unpaid turnpike tolls

    Anyone with an outstanding toll bill or violation can take advantage of the partial-amnesty program. Go to the turnpike's website for more information about amnesty or to see if you have unpaid tolls.
    As Blac Chyna considers legal action over

    As Blac Chyna considers legal action over

    The mum-of-two has also taunted him with videos showing off the jewellery he bought her as well as posing with another man. Blac , a model and former stripper, responded to the allegations with a Snapchat post, which has since been deleted.
  • George and Amal Clooney spotted with twins for the first time

    George and Amal Clooney spotted with twins for the first time

    George will be releasing his self-directed movie titled 'Suburbicon' in collaboration with Paramount Pictures on November 3. George and Amal Clooney have headed to Italy for their first family vacation with their twins, Ella and Alexander .

    Southwestern Energy Company (SWN) Traders Should Start Listening to Analysts

    It represents a security's price that, if achieved, results in a trader recognizing the best possible outcome for his investment. When applying indicators for technical analysis, traders and investors may choose to examine the ATR or average true range.
    Stoke accept Jon Walters bid from Burnley

    Stoke accept Jon Walters bid from Burnley

    This move will allow the attacking ace to play with worldwide team-mates Jeff Hendrick, Stephen Ward, Robbie Brady and Kevin Long. Stoke City forward Jonathan Walters is reportedly closing in on a move to Burnley .


Most liked

Swansea sign Spanish midfielder Mesa for £11m
The intention is that new additions will help the club to avoid a repeat of their struggles from 2016-17. Swansea have completed the £11million signing of Spanish midfielder Mesa on a four-year deal.

Belgian police arrest 4 in counter-terrorism raids
The federal prosecutor said that an attack could not be ruled out if further suspects felt cornered. Last month, a man set off a bomb at Brussels Central Station before being shot dead by soldiers.

Oil snaps rally; stocks, steady after Fed minutes
Gold was off 0.2 percent at $1,224.24 per ounce though it was up from an eight-week low of $1,217.14 it had hit the previous day. Tumbling oil prices put pressure on the energy sector, which limited gains for Wall Street's S&P 500 benchmark.

Financial Conduct Authority head calls for open financial markets after Brexit
Brexit should not end open financial markets in Europe, the head of the UK's Financial Conduct Authority has said. But he admitted the picture he was painting was "what we should aspire to" rather than a definite prediction.

Konta pulls out the stops to battle past Vekic
It is the first time that Konta has reached the third round of Wimbledon and she will next face world number 101 Maria Sakkari . Murray plays Italy's clay-court specialist Fabio Fognini next, while Bedene is up against Luxembourg's veteran Gilles Muller .

Liberty Interactive buying the rest of HSN in $2.6B deal
Liberty Interactive Corporation - Series A Liberty Ventures (NASDAQ:LVNTA) has risen 51.21% since July 5, 2016 and is uptrending. Aegis started coverage on shares of Liberty Interactive Corporation in a research report on Tuesday, March 28th.

Reckitt Benckiser shares sink as revenues hit by Petya cyber attack
Societe Generale restated a "hold" rating on shares of Reckitt Benckiser Group PLC in a research note on Thursday, June 22nd. The company has a 50-day moving average price of GBX 7,805.22 and a 200-day moving average price of GBX 7,273.91.

Real estate reels under RERA
While the Karnataka Cabinet has cleared the RERA rules for the state yesterday, the final rules are yet to be notified. NCR and Ahmedabad were worst hit with launches plummeting by 73 per cent and 79 per cent respectively.

Super Mario Odyssey ditches the 'game over' screen completely
The victor of three major awards in the recent E3 2017 that includes: Best of Show, Best Console Game, and Best Action/Adventure Game, is also available on amiibo.

Congratulations on Court Decision to Protect Ruataniwha
The $275m irrigation scheme, which was backed by the Hawkes Bay Regional Council's investment arm, is now in serious doubt . The Chairman of the Hawke's Bay Regional Council, Rex Graham, says he's not surprised at the decision.

France wants carmakers to ditch petrol, diesel
In an environmental conference today, Hulot said "We are announcing the end of the sale of gasoline and diesel cars by 2040". Perhaps one of the most dramatic is to totally ban by 2040all vehicles that run on diesel and petrol.

Lil Wayne Drops Four New Songs Including "Magnolia" Freestyle
Early Wednesday evening, Lil Wayne quietly and without any fanfare dropped four new tracks on his YouTube page . One of those being the Mike WiLL Made It produced record "Fireworks" featuring Young Jeezy .

Pakistan rupee sees biggest drop in nine years
On Wednesday, the USA dollar surged to its 2.5-year-high against the Pakistan Rupee in the interbank market touching Rs108.

Wall Street opens higher ahead of Fed minutes
The minutes reflected that several Fed officials had noted their concern over the impact of interest rate hikes on the markets. Several members also saw recent increases in import prices as consistent with inflation rising over the medium term.

Several children, man dead in 'horrendous' Georgia stabbing
According to Fox5 Atlanta, a fifth child was found suffering from serious injuries and was taken to a local hospital. According to an update from Gwinnett PD's Twitter, one adult male and four young children are confirmed to be dead.