Republic First Bancorp Inc (NASDAQ:FRBK) Institutional Investors 2017 Q4 Sentiment

May 24, 2018 - By Linda Rogers

Sentiment for Republic First Bancorp Inc (NASDAQ:FRBK)

Republic First Bancorp Inc (NASDAQ:FRBK) institutional sentiment increased to 1.11 in Q4 2017. Its up 0.14, from 0.97 in 2017Q3. The ratio has increased, as 31 active investment managers opened new and increased holdings, while 28 sold and decreased their stock positions in Republic First Bancorp Inc. The active investment managers in our partner’s database reported: 30.47 million shares, up from 30.37 million shares in 2017Q3. Also, the number of active investment managers holding Republic First Bancorp Inc in their top 10 holdings was flat from 2 to 2 for the same number . Sold All: 5 Reduced: 23 Increased: 19 New Position: 12.

Republic First Bancorp, Inc. operates as the holding firm for Republic First Bank that provides a range of credit and depository banking services and products to individuals and businesses primarily in Greater Philadelphia and Southern New Jersey. The company has market cap of $514.04 million. It offers consumer and commercial deposit, checking, interest-bearing demand, money market, savings, sweep, and individual retirement accounts, as well as certificates of deposit. It has a 58.33 P/E ratio. The firm also provides secured and unsecured commercial loans, real estate loans, construction and land development loans, automobile loans, home improvement loans, mortgages, home equity and overdraft lines of credit, and other products, as well as lockbox services.

The stock decreased 1.13% or $0.1 during the last trading session, reaching $8.75. About 50,095 shares traded. Republic First Bancorp, Inc. (NASDAQ:FRBK) has risen 5.70% since May 24, 2017 and is uptrending. It has underperformed by 5.85% the S&P500.

Schaller Investment Group Inc holds 16.01% of its portfolio in Republic First Bancorp, Inc. for 3.82 million shares. Gruss & Co Inc owns 349,916 shares or 2.89% of their US portfolio. Moreover, Fsi Group Llc has 2.56% invested in the company for 364,043 shares. The Illinois-based Banc Funds Co Llc has invested 0.94% in the stock. Spruce House Investment Management Llc, a New York-based fund reported 1.87 million shares.

Since January 1, 0001, it had 1 buy, and 0 selling transactions for $8,425 activity.

Republic First Bancorp, Inc. (NASDAQ:FRBK) Ratings Coverage

Ratings analysis reveals 0 of Republic First Bancorp’s analysts are positive. Out of 2 Wall Street analysts rating Republic First Bancorp, 0 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $8.5000 while the high is $9.5. The stock’s average target of $9 is 2.86% above today’s ($8.75) share price. FRBK was included in 4 notes of analysts from December 21, 2017. The firm has “Hold” rating given on Wednesday, January 24 by Sandler O’Neill. The stock has “Hold” rating by Keefe Bruyette & Woods on Thursday, December 21. The firm earned “Hold” rating on Wednesday, January 3 by Sandler O’Neill. The firm has “Hold” rating by Sandler O’Neill given on Monday, March 26.

More news for Republic First Bancorp, Inc. (NASDAQ:FRBK) were recently published by: Globenewswire.com, which released: “Republic Bank Hires Regional Vice President for Bucks County Market” on May 01, 2018. Seekingalpha.com‘s article titled: “Philip Morris International Is A Value Trap – Cramer’s Lightning Round (5/8/18)” and published on May 09, 2018 is yet another important article.

Republic First Bancorp, Inc. (NASDAQ:FRBK) Institutional Positions Chart

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