First Connecticut Bancorp Inc (FBNK) EPS Estimated At $0.35

September 17, 2017 - By Marguerite Chambers

 First Connecticut Bancorp Inc (FBNK) EPS Estimated At $0.35
Investors sentiment increased to 1.15 in Q4 2016. Its up 0.11, from 1.04 in 2016Q3. It improved, 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.
Spark Invest Mngmt Ltd Limited Liability Company holds 39,800 shares or 0.07% of its portfolio. Deutsche National Bank & Trust Ag holds 36,776 shares or 0% of its portfolio. Putnam Invs Ltd Co holds 159,863 shares or 0.01% of its portfolio. Polaris Capital Management Lc accumulated 41,300 shares or 0.06% of the stock. Nationwide Fund Advisors has 41,817 shares for 0% of their portfolio. Schwab Charles Investment Inc has 23,900 shares for 0% of their portfolio. Mutual Of America Cap Mngmt Limited invested in 112,758 shares. Delaware-based Blackrock Advsr Ltd has invested 0% in First Connecticut Bancorp Inc (NASDAQ:FBNK). Texas-based Clover Prtnrs Limited Partnership has invested 5.84% in First Connecticut Bancorp Inc (NASDAQ:FBNK). Kennedy Capital Mgmt Inc holds 193,327 shares. Rhumbline Advisers invested in 17,527 shares or 0% of the stock. Amici Ltd Llc owns 250,000 shares or 0.01% of their US portfolio. Blackrock Fund has 0% invested in First Connecticut Bancorp Inc (NASDAQ:FBNK) for 468,758 shares. New York-based Qs Invsts Lc has invested 0% in First Connecticut Bancorp Inc (NASDAQ:FBNK). Essex Services invested in 0.19% or 40,079 shares.

Since June 14, 2017, it had 1 insider purchase, and 0 sales for $7,495 activity.

Wall Street await First Connecticut Bancorp Inc (NASDAQ:FBNK) to release earnings on October, 18. Analysts forecast earnings per share of $0.35, up exactly $0.11 or 45.83 % from 2014’s $0.24 EPS. The expected FBNK’s profit could reach $5.58 million giving the stock 17.61 P/E in the case that $0.35 earnings per share is reported. After posting $0.31 EPS for the previous quarter, First Connecticut Bancorp Inc’s analysts now forecast 12.90 % EPS growth. The stock decreased 0.80% or $0.2 on September 15, reaching $24.65. About 98,224 shares traded or 200.79% up from the average. First Connecticut Bancorp Inc (NASDAQ:FBNK) has risen 51.52% since September 17, 2016 and is uptrending. It has outperformed by 34.82% the S&P500.

First Connecticut Bancorp Inc (NASDAQ:FBNK) Ratings Coverage

Among 5 analysts covering First Connecticut Bancorp (NASDAQ:FBNK), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. First Connecticut Bancorp had 13 analyst reports since August 7, 2015 according to SRatingsIntel. On Tuesday, August 22 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. The firm has “Neutral” rating by PiperJaffray given on Wednesday, November 16. The rating was upgraded by Piper Jaffray to “Overweight” on Tuesday, January 31. The firm earned “Hold” rating on Thursday, July 20 by Keefe Bruyette & Woods. The rating was downgraded by Wood on Friday, September 4 to “Market Perform”. As per Wednesday, November 16, the company rating was downgraded by Piper Jaffray. The stock of First Connecticut Bancorp Inc (NASDAQ:FBNK) has “Market Perform” rating given on Friday, September 4 by Keefe Bruyette & Woods. As per Wednesday, June 14, the company rating was downgraded by PiperJaffray. On Wednesday, August 12 the stock rating was upgraded by Zacks to “Hold”. The firm earned “Buy” rating on Friday, August 7 by Compass Point.

First Connecticut Bancorp, Inc. is a stock holding company. The company has market cap of $393.05 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 21.24 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. Nasdaq.com‘s article titled: “The Zacks Analyst Blog Highlights: First Connecticut Bancorp, Orrstown …” and published on August 18, 2017 is yet another important article.

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