First Bancorp (FBP): Insider Trading and Ownership Analysis


The stock decreased 1.90% or $0.06 during the last trading session, reaching $3.1. FBP trades with a P/S ratio of 1.89. Central Garden & Pet Company (NASDAQ:CENTA) has risen 73.49% since January 9, 2017 and is uptrending. It has underperformed by 16.70% the S&P500.

The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 1.60. Therefore 67% are positive. Yandex N.V. had 20 analyst reports since July 31, 2015 according to SRatingsIntel. Jefferies maintained the shares of CVS in report on Tuesday, November 7 with "Hold" rating. The firm has "Buy" rating given on Wednesday, October 4 by Keefe Bruyette & Woods. The firm has "Buy" rating by Deutsche Bank given on Friday, July 14. Bank of America cut their price target on First Bancorp from $7.00 to $6.00 and set a "neutral" rating on the stock in a research report on Wednesday, November 8th.

A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company. Keefe Bruyette & Woods maintained it with "Outperform" rating and $6.50 target in Wednesday, October 14 report. Stifel Nicolaus has "Market Perform" rating and $20 target. The firm earned "Overweight" rating on Thursday, March 10 by Barclays Capital. The stock of First Bancorp (NYSE:FBP) earned "Neutral" rating by Citigroup on Wednesday, February 8. In an analyst note issued to clients and investors on Thursday, 26 October, First Bancorp (NASDAQ:FBNC) shares have had their "Buy" Rating maintained by equity research analysts at Piper Jaffray. Therefore 25% are positive.

FBNC has been the topic of several analyst reports. The stock of Gluskin Sheff + Associates Inc. (NYSE:RES) has "Buy" rating given on Monday, August 28 by Jefferies. Also, the Hold rating count is 0, as of 10 Jan 2018. The company was upgraded on Friday, November 10 by Needham. Citigroup maintained it with "Neutral" rating and $6 target in Monday, November 20 report. Goldman Sachs maintained Pepsico, Inc. For the prior reporting period, the company posted a quarterly EPS of 0.91. The firm operates in two divisions, Technical Services and Support Services.

The price-earnings ratio (P/E ratio) is the ratio for valuing a company that measures its current share price relative to its per-share earnings.

Investors sentiment increased to 2.49 in Q3 2017. Its up 0.19, from 0.75 in 2017Q2.

Other institutional investors also recently bought and sold shares of the company. 88 funds opened positions while 466 raised stakes. Oregon-based Ferguson Wellman Capital Management has invested 0.01% in RPC, Inc. Pennsylvania-based Twin Capital has invested 0.13% in DaVita Inc. Oaktree Principal Fund V (Delaware) - L.P. had sold 10.00M shares worth $56.55 million. First Mercantile Trust accumulated 16,540 shares. Banc Funds Co Limited Liability Corporation reported 0.15% of its portfolio in First Internet Bancorp (NASDAQ:INBK). Oppenheimer Asset owns 42 shares or 0% of their U.S. portfolio. Ngam L P holds 89,189 shares. Ntv Asset Management Ltd Liability has 1.46% invested in Pepsico, Inc. Strs Ohio accumulated 1.26 million shares. Smith Salley And Assocs invested in 1.34% or 66,348 shares. (NYSE:RES). 468,917 were reported by Geode Mngmt Ltd Limited Liability Company.

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First Bancorp is the bank holding company for First Bank (the Bank). The company has market cap of $3.38 billion. It has a 17.13 P/E ratio. It accepts deposit products, such as checking, savings, and money market accounts, as well as time deposits, including certificates of deposits and individual retirement accounts.

First Bancorp (NYSE:FBP) shares were trading lower by -0.39 percent ($-0.02) at $5.11 a piece in Monday's session. Citigroup invested in 3,586 shares. Shares for $56.55 million were sold by Oaktree Capital Group Holdings GP - LLC.

Investors sentiment decreased to 1 in 2017 Q3. Its up 0.86, from 1.63 in 2017Q2.

First Bancorp (NASDAQ:FBNC) insider Suzanne S. Deferie sold 12,001 shares of the business's stock in a transaction dated Wednesday, December 27th. 15 funds opened positions while 38 raised stakes. First Bancorp (NYSE:FBP) for the trailing twelve months paying dividend with the payout ratio of 0.00% to its shareholders.

California Public Employees Retirement System increased Ebix Inc (NASDAQ:EBIX) stake by 5,668 shares to 106,268 valued at $6.93 million in 2017Q3. Credit Agricole S A, a France-based fund reported 91,331 shares. Credit Suisse Ag has invested 0% of its portfolio in First Bancorp (NYSE:FBP).

According to First Bancorp's latest 13F filing with the US Securities and Exchange Commission (SEC), institutional ownership is at 90.34%. 12,718 are owned by Hsbc Hldgs Plc. Martingale Asset Management Limited Partnership invested in 103,143 shares or 0.11% of the stock. Virtu Ltd invested in 0% or 33,514 shares. Brandes Prtn Lp holds 18,348 shares or 0% of its portfolio. BlackRock Advisors LLC now owns 9,491 shares of the financial services provider's stock worth $167,000 after buying an additional 130 shares during the period. Assetmark reported 469 shares or 0% of all its holdings. Pub Sector Pension Investment Board stated it has 0% of its portfolio in First Bancorp (NYSE:FBP). Moreover, Thrivent Fincl For Lutherans has 0% invested in DaVita Inc. Leuthold Group Ltd Company accumulated 305,189 shares. About 11,795 shares traded. First Bancorp (NYSE:FBP) has risen 32.84% since January 9, 2017 and is uptrending. It has outperformed by 56.79% the S&P500.

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