EPS for First Connecticut Bancorp, Inc. (FBNK) Expected At $0.41

March 14, 2018 - By Adrian Erickson

 EPS for First Connecticut Bancorp, Inc. (FBNK) Expected At $0.41
Investors sentiment decreased to 1.3 in 2017 Q3. Its down 0.18, from 1.48 in 2017Q2. It dropped, as 4 investors sold First Connecticut Bancorp, Inc. shares while 29 reduced holdings. 14 funds opened positions while 29 raised stakes. 7.86 million shares or 1.13% more from 7.78 million shares in 2017Q2 were reported.
The New York-based Mutual Of America Mgmt Limited Liability Company has invested 0.05% in First Connecticut Bancorp, Inc. (NASDAQ:FBNK). Blackrock Incorporated holds 0% or 1.02M shares in its portfolio. Arrowstreet Cap Limited Partnership, a Massachusetts-based fund reported 14,671 shares. Amer, a New York-based fund reported 9,454 shares. Dimensional Fund Advisors Lp holds 0.01% of its portfolio in First Connecticut Bancorp, Inc. (NASDAQ:FBNK) for 433,738 shares. Moreover, New York State Common Retirement Fund has 0% invested in First Connecticut Bancorp, Inc. (NASDAQ:FBNK) for 14,700 shares. Vanguard Grp holds 569,744 shares. Goldman Sachs Grp Incorporated, a New York-based fund reported 7,571 shares. Deutsche State Bank Ag has invested 0% in First Connecticut Bancorp, Inc. (NASDAQ:FBNK). Geode Mgmt Ltd Liability Company, Massachusetts-based fund reported 113,295 shares. Citadel Advisors Limited Liability Com holds 0% in First Connecticut Bancorp, Inc. (NASDAQ:FBNK) or 8,901 shares. 29,098 are owned by D E Shaw And. Renaissance Technology Llc has 0.01% invested in First Connecticut Bancorp, Inc. (NASDAQ:FBNK). 21,000 were accumulated by Alliancebernstein Limited Partnership. Credit Suisse Ag, a Switzerland-based fund reported 9,297 shares.

Since January 29, 2018, it had 3 insider buys, and 0 selling transactions for $34,382 activity. 370 shares were bought by Patrick John J Jr., worth $9,632 on Monday, January 29.

Analysts expect First Connecticut Bancorp, Inc. (NASDAQ:FBNK) to report $0.41 EPS on April, 17.They anticipate $0.09 EPS change or 28.13 % from last quarter’s $0.32 EPS. FBNK’s profit would be $6.21 million giving it 16.52 P/E if the $0.41 EPS is correct. After having $0.34 EPS previously, First Connecticut Bancorp, Inc.’s analysts see 20.59 % EPS growth. The stock decreased 0.91% or $0.25 during the last trading session, reaching $27.1. About 32,816 shares traded or 58.39% up from the average. First Connecticut Bancorp, Inc. (NASDAQ:FBNK) has risen 51.52% since March 14, 2017 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 18 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of First Connecticut Bancorp, Inc. (NASDAQ:FBNK) earned “Hold” rating by Zacks on Wednesday, August 12. As per Thursday, April 14, the company rating was initiated by Piper Jaffray. The company was downgraded on Wednesday, June 14 by PiperJaffray. The firm has “Market Perform” rating given on Friday, September 4 by Wood. Compass Point initiated the shares of FBNK in report on Friday, August 7 with “Buy” rating. As per Tuesday, August 22, the company rating was maintained by Keefe Bruyette & Woods. PiperJaffray downgraded First Connecticut Bancorp, Inc. (NASDAQ:FBNK) on Wednesday, November 16 to “Neutral” rating. On Friday, January 29 the stock rating was maintained by Compass Point with “Buy”. The firm earned “Hold” rating on Thursday, December 21 by Keefe Bruyette & Woods. On Thursday, July 20 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”.

First Connecticut Bancorp, Inc. operates as the holding firm for Farmington Bank that provides various consumer and commercial banking services to businesses, individuals, and governments in the United States. The company has market cap of $410.19 million. The firm offers various deposit instruments, including checking, savings, money market savings, and negotiable order of withdrawal accounts, as well as fixed-rate time deposits. It has a 26.57 P/E ratio. It also provides one-to-four family residential real estate loans; commercial real estate loans; construction loans, such as commercial construction loans and real estate subdivision development loans to developers, licensed contractors, and builders for the construction and development of commercial real estate projects and residential properties, as well as loans to individuals and contractors for the construction and acquisition of personal residences; and commercial loans comprising term loans, revolving lines of credit for working capital needs, equipment lines of credit to facilitate the purchase of equipment, and letters of credit.

More notable recent First Connecticut Bancorp, Inc. (NASDAQ:FBNK) news were published by: Globenewswire.com which released: “First Connecticut Bancorp, Inc. to Present at the Piper Jaffray New England …” on August 22, 2017, also Globenewswire.com with their article: “First Connecticut Bancorp, Inc. Increases Quarterly Dividend” published on November 28, 2017, Globenewswire.com published: “First Connecticut Bancorp, Inc. Increases Quarterly Dividend to $0.16 and Sets …” on February 27, 2018. More interesting news about First Connecticut Bancorp, Inc. (NASDAQ:FBNK) were released by: Nasdaq.com and their article: “First Connecticut Bancorp, Inc. (FBNK) Ex-Dividend Date Scheduled for March 08 …” published on March 07, 2018 as well as Gurufocus.com‘s news article titled: “First Connecticut Bancorp Inc (FBNK) Files 10-K for the Fiscal Year Ended on …” with publication date: March 09, 2018.

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