Positive Media Coverage Somewhat Unlikely to Impact First Bancorp (FBP) Share Price

The hedge fund held 698,400 shares of the major banks company at the end of 2017Q3, valued at $22.56 million, up from 500,600 at the end of the previous reported quarter. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.78. However the company's price to cash per share for most recent quarter stands at 3.65.

Taking a broader look at the analyst consensus, brokerage firms have a price target of $6.79 on First Bancorp (NYSE:FBP). It has outperformed by 30.99% the S&P500.

Biondo Investment Advisors Llc increased its stake in Mastercard Incorporated (MA) by 5.19% based on its latest 2017Q3 regulatory filing with the SEC. Jbf Capital Inc bought 20,500 shares as the company's stock rose 5.12% with the market. The stock has a market capitalization of $1,052.06, a PE ratio of 20.74, a P/E/G ratio of 1.40 and a beta of 1.09. The stock increased 0.36% or $0.06 during the last trading session, reaching $16.58. SENS's SI was 3.85M shares in January as released by FINRA. First Bancorp (NASDAQ:FBNC) has risen 47.69% since January 13, 2017 and is uptrending. It has underperformed by 3.80% the S&P500. Louisiana State Employees Retirement Sys reported 17,700 shares.

Since August 18, 2017, it had 0 insider purchases, and 4 selling transactions for $446,575 activity. Voya Inv Mgmt Llc accumulated 0% or 15,488 shares.


First Bancorp (FBP) stock price fell -24.04 percent over the past one year, while decreased -14.38 percent during the past 6 months.

2017, First Bancorp (FBP) delivered a 2.96% surprise with its net revenue. It is positive, as 7 investors sold First Bancorp shares while 36 reduced holdings. 32 funds opened positions while 96 raised stakes. The institutional investor held 15,019 shares of the industrial machinery and components company at the end of 2017Q3, valued at $1.93M, up from 9,901 at the end of the previous reported quarter. Vision holds 0.61% of its portfolio in The Middleby Corporation (NASDAQ:MIDD) for 15,019 shares. Goldman Sachs Group Inc owns 66,334 shares or 0% of their USA portfolio. It also reduced its holding in Landec Corp (NASDAQ:LNDC) by 51,300 shares in the quarter, leaving it with 851,650 shares, and cut its stake in Park Electrochemical Corp (NYSE:PKE). Hutchin Hill Ltd Partnership owns 915,942 shares or 0.18% of their United States portfolio. Pinnacle Llc stated it has 0.15% of its portfolio in First Bancorp (NASDAQ:FBNC). BlackRock Fund Advisors now owns 507,243 shares of the financial services provider's stock worth $8,917,000 after buying an additional 6,348 shares during the period. First Bancorp (NYSE:FBP)'s price to sales ratio for trailing twelve month stands at 1.99, whereas its price to book ratio for the most recent quarters is at 0.63. (NYSE:DVA). Howe & Rusling has invested 0% in DaVita Inc. Victory Capital holds 48,805 shares or 0% of its portfolio. Panagora Asset Mgmt holds 0% or 96,432 shares in its portfolio. Kbc Gru Nv holds 231,452 shares. Bank & Trust Of Nova Scotia holds 0.01% or 26,470 shares. Amalgamated National Bank stated it has 25,705 shares. First Bancorp earned a news impact score of 0.29 on Accern's scale. Therefore 44% are positive. After having $0.19 EPS previously, Gluskin Sheff + Associates Inc.'s analysts see 152.63% EPS growth. (NYSE:CF) earnings have declined with a quarterly rate of -9.6% over the last 5 years. The firm has "Hold" rating by Zacks given on Saturday, August 22. Brean Capital maintained the stock with "Buy" rating in Wednesday, August 2 report. Bank of America maintained the shares of FBP in report on Wednesday, November 8 with "Neutral" rating. The Return on Investment (ROI) ratio of First Bancorp (FBP) is 18.3 percent. The stock of First Internet Bancorp (NASDAQ:INBK) has "Buy" rating given on Thursday, October 19 by Keefe Bruyette & Woods. First Bancorp presently has an average rating of "Buy" and a consensus price target of $39.50. Middleby had 16 analyst reports since November 12, 2015 according to SRatingsIntel. The company was maintained on Wednesday, July 13 by Citigroup. (NASDAQ:PEP) rating on Wednesday, June 29. And then on the other side of the spectrum one analyst entrenched in the bullish camp has a target as high as $7.5. Keefe, Bruyette & Woods reissued a "buy" rating and issued a $41.00 target price on shares of First Bancorp in a research note on Friday, December 22nd. The firm earned "Buy" rating on Thursday, December 21 by Keefe Bruyette & Woods. The rating was maintained by Oppenheimer on Thursday, October 1 with "Perform". Jefferies maintained RPC, Inc. The rating was initiated by Jefferies with "Buy" on Monday, November 28. The rating was maintained by Jefferies with "Buy" on Thursday, July 20. The firm has "Outperform" rating given on Wednesday, October 14 by Keefe Bruyette & Woods.

Investors sentiment increased to 0.89 in Q3 2017. Its up 0.86, from 1.63 in 2017Q2. New York State Common Retirement Fund holds 27,500 shares. 142 funds opened positions while 524 raised stakes. Smith Salley And Assocs invested in 1.34% or 66,348 shares. Raymond James Fincl Ser has invested 0% in First Bancorp (NASDAQ:FBNC). (NASDAQ:PEP). Moreover, Company Of Virginia Va has 1.44% invested in Pepsico, Inc.

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