EPS for First Connecticut Bancorp Inc (FBNK) Expected At $0.33

July 18, 2017 - By Migdalia James

 EPS for First Connecticut Bancorp Inc (FBNK) Expected At $0.33
Investors sentiment increased to 1.15 in Q4 2016. Its up 0.11, from 1.04 in 2016Q3. It increased, as 3 investors sold First Connecticut Bancorp Inc shares while 23 reduced holdings. 12 funds opened positions while 18 raised stakes. 7.60 million shares or 6.86% more from 7.11 million shares in 2016Q3 were reported.
Tower Research Cap Limited Company (Trc) has invested 0.01% of its portfolio in First Connecticut Bancorp Inc (NASDAQ:FBNK). State Street accumulated 0% or 279,697 shares. Hennessy Advisors reported 0.17% in First Connecticut Bancorp Inc (NASDAQ:FBNK). Brandes Inv Prtn Ltd Partnership owns 36,697 shares. Strs Ohio reported 30,400 shares. Northern Trust Corporation holds 0% of its portfolio in First Connecticut Bancorp Inc (NASDAQ:FBNK) for 167,548 shares. Penn Cap Mngmt Inc has 153,102 shares. Susquehanna Group Llp has 18,670 shares for 0% of their portfolio. Bridgeway Cap Mgmt holds 0.01% or 20,900 shares in its portfolio. Vanguard Gru Inc owns 556,299 shares or 0% of their US portfolio. Spark Inv Mngmt Limited holds 39,800 shares or 0.07% of its portfolio. Tiaa Cref Invest Ltd Liability Company holds 0% or 67,306 shares in its portfolio. Metropolitan Life Ins New York owns 11,013 shares for 0% of their portfolio. Prospector Prns Llc has invested 0.4% of its portfolio in First Connecticut Bancorp Inc (NASDAQ:FBNK). Parametric Port Associates Ltd Liability Company invested in 26,298 shares.

Since March 9, 2017, it had 2 buys, and 0 sales for $55,752 activity. Bucchi Ronald A had bought 2,000 shares worth $48,257.

Investors wait First Connecticut Bancorp Inc (NASDAQ:FBNK) to report on July, 19. its quarterly earnings Wall Street analysts expect $0.33 EPS, up $0.11 or 50.00 % from last year’s $0.22 same quarter earnings. This translates into $5.21M profit for FBNK giving the stock a 20.00 P/E. This is assuming the current $0.33 EPS is accurate. First Connecticut Bancorp Inc’s Wall Street analysts see 3.13 % EPS growth, taking into account the $0.32 EPS reproted in the previous quarter, The stock increased 0.38% or $0.1 during the last trading session, reaching $26.4. About shares traded. First Connecticut Bancorp Inc (NASDAQ:FBNK) has risen 51.52% since July 18, 2016 and is uptrending. It has outperformed by 34.82% the S&P500.

First Connecticut Bancorp Inc (NASDAQ:FBNK) Ratings Coverage

Among 4 analysts covering First Connecticut Bancorp (NASDAQ:FBNK), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. First Connecticut Bancorp had 11 analyst reports since August 7, 2015 according to SRatingsIntel. The company was maintained on Friday, January 29 by Compass Point. Piper Jaffray downgraded the shares of FBNK in report on Wednesday, November 16 to “Neutral” rating. The firm has “Hold” rating given on Wednesday, August 12 by Zacks. The company was downgraded on Friday, September 4 by Keefe Bruyette & Woods. Piper Jaffray initiated the shares of FBNK in report on Thursday, April 14 with “Overweight” rating. The firm has “Market Perform” rating given on Friday, September 4 by Wood. PiperJaffray downgraded First Connecticut Bancorp Inc (NASDAQ:FBNK) on Wednesday, November 16 to “Neutral” rating. Compass Point initiated First Connecticut Bancorp Inc (NASDAQ:FBNK) on Friday, August 7 with “Buy” rating. The rating was upgraded by Piper Jaffray on Tuesday, January 31 to “Overweight”. PiperJaffray downgraded First Connecticut Bancorp Inc (NASDAQ:FBNK) on Wednesday, June 14 to “Neutral” rating.

First Connecticut Bancorp, Inc. is a stock holding company. The company has market cap of $416.44 million. The Firm operates through its subsidiary, Farmington Bank (the Bank), which is a full-service community bank with branch locations throughout central Connecticut and western Massachusetts. It has a 24.35 P/E ratio. The Bank offers commercial and residential lending, as well as wealth management services.

More news for First Connecticut Bancorp Inc (NASDAQ:FBNK) were recently published by: Globenewswire.com, which released: “First Connecticut Bancorp, Inc. Increases Quarterly Dividend $0.02 and Sets …” on March 01, 2017. Seekingalpha.com‘s article titled: “First Connecticut Bancorp: A Buyout Candidate?” and published on July 03, 2016 is yet another important article.

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