First Connecticut Bancorp, Inc. (FBNK) EPS Estimated At $0.42

June 20, 2018 - By Harriett Tippett

Investors sentiment decreased to 0.91 in 2018 Q1. Its down 0.53, from 1.44 in 2017Q4. It is negative, 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.
Clover Prtnrs Ltd Partnership holds 4.11% of its portfolio in First Connecticut Bancorp, Inc. (NASDAQ:FBNK) for 144,050 shares. Invesco Limited accumulated 13,431 shares. Wedge Cap L Ltd Partnership Nc owns 39,900 shares. Vanguard Group owns 580,251 shares. Blackrock Incorporated accumulated 1.08 million shares or 0% of the stock. Stifel Fin Corporation reported 0% stake. Qs Ltd Limited Liability Company reported 482 shares. Brandywine Inv Management Ltd Liability Corporation has invested 0% in First Connecticut Bancorp, Inc. (NASDAQ:FBNK). Strs Ohio has 27,100 shares for 0% of their portfolio. Deutsche Financial Bank Ag invested in 0% or 53,082 shares. Essex Financial Serv holds 0.19% or 38,008 shares in its portfolio. Polaris Management Ltd Co holds 41,300 shares. Ajo Limited Partnership holds 54,244 shares or 0.01% of its portfolio. Morgan Stanley reported 0% in First Connecticut Bancorp, Inc. (NASDAQ:FBNK). Northern Trust accumulated 0% or 168,974 shares.

Since January 29, 2018, it had 3 insider purchases, and 0 insider sales for $34,382 activity. 883 shares valued at $21,854 were bought by Healey James T Jr on Friday, February 9.

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 18.81 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 increased 1.44% or $0.45 during the last trading session, reaching $31.6. About 1.07 million shares traded or 1298.46% up from the average. First Connecticut Bancorp, Inc. (NASDAQ:FBNK) has declined 0.58% since June 21, 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 firm has “Overweight” rating given on Monday, February 5 by PiperJaffray. The stock of First Connecticut Bancorp, Inc. (NASDAQ:FBNK) has “Hold” rating given on Thursday, December 21 by Keefe Bruyette & Woods.

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 $504.90 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 29.23 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: Businesswire.com which released: “FIRST CONNECTICUT BANCORP, INC. SHAREHOLDER ALERT: Rigrodsky & Long, PA Announces Investigation Of …” on June 20, 2018, also Businesswire.com with their article: “INVESTOR ALERT: Levi & Korsinsky, LLP Reminds Investors of an Investigation Regarding Whether the Sale of First …” published on June 20, 2018, Prnewswire.com published: “WeissLaw LLP Investigates First Connecticut Bancorp, Inc. Acquisition” on June 19, 2018. More interesting news about First Connecticut Bancorp, Inc. (NASDAQ:FBNK) were released by: Benzinga.com and their article: “38 Stocks Moving In Tuesday’s Mid-Day Session” published on June 19, 2018 as well as Globenewswire.com‘s news article titled: “People’s United Financial To Acquire First Connecticut Bancorp, Inc.” with publication date: June 19, 2018.

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

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