First Bancorp (FBP) — Trending Stock Alert

The most recent short interest data show 1.85% of the company's stock are short sold.

Piper Jaffray now has a $41.0 target on the $1.09 billion market cap company or 11.05 % upside potential.

The stock increased 3.07% or $0.16 during the last trading session, reaching $5.38. It is down 0.00% since January 13, 2017 and is. It has underperformed by 41.10% the S&P500. (FBP) by 49.93% based on its latest 2017Q3 regulatory filing with the SEC. The institutional investor held 21,000 shares of the consumer non-durables company at the end of 2017Q3, valued at $2.34M, up from 500 at the end of the previous reported quarter. The stock witnessed 3.78% gains, 3.37% gains and -13.14% declines for the 1-month, 3-month and 6-month period, respectively. The stock decreased 1.90% or $0.06 during the last trading session, reaching $3.1. About 136,500 shares traded. For First Bancorp (NYSE:FBP), Stochastic %D value stayed at 31.70% for the last 9 days. It has outperformed by 16.14% the S&P500. Therefore 40% are positive.

Several analysts have issued reports on the company. They set an "equal weight" rating on the stock. Bank of America upgraded it to "Buy" rating and $85 target in Thursday, January 4 report. (NYSE:RES) on Thursday, January 4 with "Hold" rating. The firm earned "Buy" rating on Friday, October 6 by Piper Jaffray. Robert W. Baird maintained the shares of CVS in report on Thursday, January 4 with "Hold" rating. Keefe Bruyette & Woods maintained the shares of FBP in report on Friday, November 10 with "Buy" rating. The company was maintained on Wednesday, March 2 by Bernstein. On Monday, December 11 the insider BERG CHARLES sold $488,016. $5.65M worth of Visa Inc.

Strong Sell. Investors might also notice that two months ago the Buy recommendations (1) outnumbered Sell recommendations (0).

Investors might be interested in how sell-side analysts are viewing shares of OneMain Holdings, Inc. Fund Mgmt reported 0% stake. Dimensional Fund Advisors Limited Partnership has 1.02 million shares. Signia Capital Mngmt Lc holds 3.28% or 98,986 shares. Moreover, Exxonmobil Invest Management Tx has 0.04% invested in DaVita Inc. Jennison Limited Liability Com invested in 90,788 shares. Hsbc Hldg Pcl stated it has 0.01% in DaVita Inc. The New York-based Strategic Services has invested 0.9% in CVS Health Corporation (NYSE:CVS). 964.87 million shares or 1.00% less from 974.57 million shares in 2017Q2 were reported. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.78. Overall, the share price is up 2.35% year to date. Tiger Global Mgmt Ltd Liability invested 0.82% in Visa Inc. Stifel Fincl reported 0.02% stake. (NYSE:DVA) for 6,180 shares. (NYSE:V) to report earnings on February, 1. Texas Permanent School Fund invested 0.03% of its portfolio in DaVita Inc. The stock has a market capitalization of $1.16 Billion however its outstanding shares are 216.22 Million. It also reduced its holding in Bankrate Inc Del (NYSE:RATE) by 401,103 shares in the quarter, leaving it with 32,000 shares, and cut its stake in Waddell & Reed Finl Inc (Call) (NYSE:WDR).

Shares of First Bancorp (NYSE:FBP) now have an Average Brokerage Recommendation of 1.67, number of Recs in ABR is 3 while industry rank of the company by ABR is ut of 265. Likewise, the downbeat performance for the last quarter was -0.39% and for the full year it was -24.04%. FBNC's profit would be $15.71 million giving it 17.44 P/E if the $0.53 EPS is correct. Rhumbline Advisers reported 0% in First Bancorp (NYSE:FBP).

Investors sentiment increased to 4.27 in Q3 2017. Its up 0.19, from 0.75 in 2017Q2. It is negative, as 10 investors sold FBNC shares while 40 reduced holdings. 27 funds opened positions while 80 raised stakes. 191.13 million shares or 2.52% less from 196.07 million shares in 2017Q2 were reported. The Return on Investment (ROI) ratio of First Bancorp (FBP) is 18.3 percent. Net profit margin of First Bancorp (FBP) was recorded at 11 percent, operating profit margin was 59.6 percent, while gross profit margin stands at 0 percent. Credit Suisse Ag has invested 0% of its portfolio in First Bancorp (NYSE:FBP). North Star Inv Management holds 0.03% of its portfolio in Visa Inc. Capital Management Corp Va, a Virginia-based fund reported 249,314 shares. After having $0.53 EPS previously, First Bancorp's analysts see 0.00% EPS growth. Panagora Asset Mngmt holds 0% or 14,673 shares. Arizona State Retirement System now owns 81,972 shares of the bank's stock worth $475,000 after buying an additional 400 shares during the period. Bnp Paribas Arbitrage has invested 0% of its portfolio in First Bancorp (NYSE:FBP). Of the 6 analysts surveyed by Reuters that track FBP 1 of them rate its stock a hold. Therefore 72% are positive. First Bancorp had 22 analyst reports since August 3, 2015 according to SRatingsIntel. The rating was downgraded by Zacks on Wednesday, September 2 to "Sell". The firm earned "Buy" rating on Monday, June 26 by Keefe Bruyette & Woods. The rating was maintained by Deutsche Bank on Tuesday, October 6 with "Buy". The rating was maintained by Keefe Bruyette & Woods with "Buy" on Friday, November 10.

Since August 16, 2017, it had 0 insider buys, and 7 selling transactions for $58.32 million activity.

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