$0.42 EPS Expected for First Connecticut Bancorp, Inc. (FBNK)

June 14, 2018 - By Jimmy Baldridge

Investors sentiment decreased to 0.91 in 2018 Q1. Its down 0.53, from 1.44 in 2017Q4. It dived, as 7 investors sold First Connecticut Bancorp, Inc. shares while 28 reduced holdings. 9 funds opened positions while 23 raised stakes. 7.44 million shares or 2.45% less from 7.63 million shares in 2017Q4 were reported.
Great West Life Assurance Communication Can has 0% invested in First Connecticut Bancorp, Inc. (NASDAQ:FBNK). Brandywine Global Inv Lc invested in 0% or 5,917 shares. Metropolitan Life Ins holds 5,228 shares or 0% of its portfolio. Essex Fin Service Inc stated it has 0.19% in First Connecticut Bancorp, Inc. (NASDAQ:FBNK). The Massachusetts-based Acadian Asset Ltd Liability has invested 0% in First Connecticut Bancorp, Inc. (NASDAQ:FBNK). State Street invested in 284,704 shares or 0% of the stock. Los Angeles Cap Management & Equity, a California-based fund reported 18,665 shares. Hillsdale Investment stated it has 28,000 shares. Interest Group Inc stated it has 9,015 shares or 0% of all its holdings. 13,100 are owned by Spark Lc. Qs Invsts Limited Co has 0% invested in First Connecticut Bancorp, Inc. (NASDAQ:FBNK). Jpmorgan Chase holds 0% or 2,840 shares. Jacobs Levy Equity Inc invested 0% of its portfolio in First Connecticut Bancorp, Inc. (NASDAQ:FBNK). 3,226 were accumulated by Barclays Pcl. M Holdg Securities has 0.94% invested in First Connecticut Bancorp, Inc. (NASDAQ:FBNK).

Since January 29, 2018, it had 3 insider purchases, and 0 insider sales for $34,382 activity. Patrick John J Jr. bought $9,632 worth of stock or 370 shares.

Analysts expect First Connecticut Bancorp, Inc. (NASDAQ:FBNK) to report $0.42 EPS on July, 18.They anticipate $0.11 EPS change or 35.48 % from last quarter’s $0.31 EPS. FBNK’s profit would be $6.71M giving it 15.30 P/E if the $0.42 EPS is correct. After having $0.38 EPS previously, First Connecticut Bancorp, Inc.’s analysts see 10.53 % EPS growth. The stock decreased 0.77% or $0.2 during the last trading session, reaching $25.7. About 19,670 shares traded. First Connecticut Bancorp, Inc. (NASDAQ:FBNK) has declined 0.58% since June 15, 2017 and is downtrending. It has underperformed by 13.15% the S&P500.

First Connecticut Bancorp, Inc. (NASDAQ:FBNK) Ratings Coverage

Among 2 analysts covering First Connecticut Bancorp Inc (NASDAQ:FBNK), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. First Connecticut Bancorp Inc had 2 analyst reports since December 21, 2017 according to SRatingsIntel. The company was maintained on Thursday, December 21 by Keefe Bruyette & Woods. The company was upgraded on Monday, February 5 by PiperJaffray.

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 $410.63 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 25.2 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 news for First Connecticut Bancorp, Inc. (NASDAQ:FBNK) were recently published by: Globenewswire.com, which released: “Consolidated Research: 2018 Summary Expectations for Humana, DexCom, Royal Dutch Shell, First Connecticut …” on June 14, 2018. Globenewswire.com‘s article titled: “First Connecticut Bancorp, Inc. Increases Quarterly Dividend to $0.17” and published on May 22, 2018 is yet another important article.

First Connecticut Bancorp, Inc. (NASDAQ:FBNK) Institutional Positions Chart

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