First BanCorp. (NYSE:FBP) Position Boosted by Fmr LLC

GSA Capital Partners LLP now owns 66,119 shares of the bank's stock worth $437,000 after buying an additional 30,834 shares in the last quarter. (NASDAQ:FFBC) by 56.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). Zacks Investment Research raised shares of First BanCorp. from a "hold" rating to a "buy" rating and set a $6.50 target price for the company in a research report on Monday, June 19th. Guggenheim Capital LLC now owns 458,662 shares of the bank's stock worth $3,032,000 after buying an additional 71,034 shares in the last quarter. Great West Life Assurance Co. Can increased its stake in First Financial 6.9% in the first quarter. Dalton Greiner Hartman Maher & Co. now owns 73,448 shares of the financial services provider's stock valued at $2,151,000 after buying an additional 273 shares during the period. First Trust Advisors LP increased its position in First Bancorp by 0.6% in the first quarter. Keefe, Bruyette & Woods reiterated a "buy" rating and set a $36.00 target price on shares of First Internet Bancorp in a research report on Monday, June 26th. The institutional investor owned 157,128 shares of the financial services provider's stock after buying an additional 16,795 shares during the period.

TIAA CREF Investment Management LLC decreased its position in First Financial Bancorp.

There has been some buying insider activity on First Internet Bancorp (NASDAQ:INBK) recently.

First Financial Bancorp. has a one year low of $19.90 and a one year high of $29.80.

The P/E ratio is now 12.98 and the market cap is 182.89M. The firm has a 50-day moving average price of $26.91 and a 200 day moving average price of $27.07.

First BanCorp. had a net margin of 14.82% and a return on equity of 5.31%. (NYSE:FBP) last issued its quarterly earnings data on Tuesday, April 25th. The bank reported $0.11 earnings per share for the quarter, topping analysts' consensus estimates of $0.10 by $0.01. The business had revenue of $86.30 million for the quarter, compared to analysts' expectations of $86.84 million. During the same period in the prior year, the company posted $0.32 EPS. Analysts predict that First Financial Bancorp. will post $1.56 earnings per share for the current year. The ex-dividend date was Wednesday, May 31st. This represents a $0.32 annualized dividend and a dividend yield of 1.03%. First Bancorp's dividend payout ratio is presently 23.88%. TIAA CREF Investment Management LLC owned about 0.31% of First Financial Bancorp. worth $5,209,000 at the end of the most recent quarter. "(FFBC)" was published by Stock Observer and is the sole property of of Stock Observer. If you are reading this piece of content on another site, it was stolen and reposted in violation of United States & worldwide trademark and copyright laws. The correct version of this news story can be read at They now have a Dollars 5 price target on the stock. Royal Bank Of Canada reissued a "hold" rating and issued a $29.00 target price on shares of First Financial a report on Friday, July 7th. Citigroup initiated First Bancorp (NYSE:FBP) rating on Wednesday, February 8.

Several brokerages recently commented on FBP. The stock now has a consensus rating of "Buy" and an average price target of $34.38.

A number of other institutional investors have also bought and sold shares of the stock. The shares were sold at an average price of $6.10, for a total value of $152,500.00.

In other news, Director James C. Crawford III acquired 1,000 shares of the firm's stock in a transaction that occurred on Tuesday, May 2nd. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold a total of 101,081 shares of company stock valued at $611,290 in the last ninety days.

FMR LLC boosted its position in First BanCorp. (FirstBank Insurance Agency). It operates in six segments: Commercial and Corporate Banking, which consists of lending and other services; Consumer (Retail) Banking, which consists of consumer lending and deposit-taking activities; Mortgage Banking, which consists of the origination, sale, and servicing of a range of residential mortgage loan products and related hedging activities; Treasury and Investments, which consists of treasury and investment management functions; United States Operations, which consists of all banking activities conducted by FirstBank on the United States mainland, and Virgin Islands Operations, which consists of banking activities conducted by FirstBank in the United States Virgin Islands and British Virgin Islands, including retail and commercial banking services.

Want to see what other hedge funds are holding FBP?

Like this



21 July 2017
Wabco Holdings (WBC) Given Daily Coverage Optimism Rating of 0.09
With 10,800 avg volume, 3 days are for Asta Funding Incorporated (NASDAQ:ASFI)'s short sellers to cover ASFI's short positions. Institutional investors and hedge funds own 98.52% of the company's stock. 1,501 were accumulated by Blackrock Advsr Lc.

21 July 2017
United States Steel Corporation (NYSE:X) Shares on the Go mid-Session
Ladenburg Thalmann Financial Services Inc. raised its position in United States Steel Corporation by 81.7% in the fourth quarter. At the time of writing, United States Steel Corporation (X ) is standing at value of $23.34 with the falling stream of -0.04%.

21 July 2017
Fantasy Hockey Breaking News
Nolan Patrick , the second overall pick in last month's draft, has been sidelined again, this time by an infection in his face. He also is scheduled to attend the World Junior Summer Showcase for Canada in Plymouth, Michigan, which runs from July 28-Aug.

21 July 2017
A Furious Donald Trump Bashes Attorney General Jeff Sessions In New Interview
Senate and helped shape his political team throughout the campaign and into the transition period after the November 8 election. Trump would nominate a replacement and could seek assurances that his pick would not recuse himself from the investigations.

21 July 2017
AFCON to be contested by 24 teams
And Cameroonian CAF President Issa Hayatou was in charge at the time of the ban, for which Lakjaa says history will have its revenge.

21 July 2017
Middletown man in trouble for leaving dog in hot vehicle again
Middletown Police Lieutenant Heather Desmond says this is not the first time the 79-year-old has caused a dog to die in that way. A Wesleyan University professor emeritus has been arrested after leaving a dog to die in his auto on a hot day.

20 July 2017
Shah Rukh Khan asked to appear before Enforcement Directorate over IPL shares
Khan had been questioned by the ED in this case earlier in 2011 apart from the business dealings of Kolkata Knight Riders. According to the ED case, initially, Shah Rukh and Gauri's company Red Chillies owned the entire shareholding of KKR .

20 July 2017
Amid Budget Negotiations, Republican Legislators Accept Governor's Offer
A transportation deal would set the stage for a final budget agreement in the coming weeks. Fitzgerald spokeswoman Myranda Tanck said only that the letter is being reviewed.

20 July 2017
Trader Alert: Unusual Volume Spotted in Lowe's Companies, Inc. (NYSE:LOW)
ILLEGAL ACTIVITY WARNING: This news story was originally published by Markets Daily and is the sole property of of Markets Daily. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink .

20 July 2017
SwiftKey receives a major update with new features for iOS Devices
Thanks to feedback, SwiftKey's trigger cursor control-basically, swipe-based cursor movement-is now more responsive. SwiftKey , the popular keyboard app, is getting new features in the most recent update released on App Store.