First United Corp (NASDAQ:FUNC) Institutional Investor Sentiment Analysis

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Sentiment for First United Corp (NASDAQ:FUNC)

First United Corp (NASDAQ:FUNC) institutional sentiment decreased to 2 in Q3 2018. Its down -9.00, from 11 in 2018Q2. The ratio dropped, as 26 investment managers opened new and increased equity positions, while 13 trimmed and sold positions in First United Corp. The investment managers in our partner’s database now own: 2.26 million shares, down from 4.43 million shares in 2018Q2. Also, the number of investment managers holding First United Corp in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 6 Reduced: 7 Increased: 19 New Position: 7.

First United Corporation operates as the holding firm for First United Bank & Trust that provides various retail and commercial banking services to businesses and individuals. The company has market cap of $121.29 million. The firm offers various deposit products, including checking accounts, savings and money market accounts, regular and individual retirement accounts certificates of deposit, Christmas savings accounts, college savings accounts, and health savings accounts; Certificate of Deposit Account Registry Service program and Insured Cash Sweep program to municipalities, businesses, and consumers; and commercial clients packages, which include treasury management, cash sweep, and various checking opportunities. It has a 17.22 P/E ratio. It also provides loans, such as commercial loans secured by real estate, commercial equipment, vehicles, or other assets of the borrower; commercial real estate loans for residential and commercial development, agricultural purpose properties, and service industry buildings; residential mortgage loans; home equity lines of credit; residential real estate construction loans; indirect and direct auto loans; and other secured and unsecured lines of credit and term loans.

The stock increased 2.15% or $0.36 during the last trading session, reaching $17.12. About 6,105 shares traded. First United Corporation (NASDAQ:FUNC) has risen 5.63% since January 14, 2018 and is uptrending. It has outperformed by 5.63% the S&P500.

Gendell Jeffrey L holds 0.72% of its portfolio in First United Corporation for 447,060 shares. Ejf Capital Llc owns 177,178 shares or 0.25% of their US portfolio. Moreover, Bridgeway Capital Management Inc has 0.01% invested in the company for 61,393 shares. The Massachusetts-based Acadian Asset Management Llc has invested 0% in the stock. American International Group Inc, a New York-based fund reported 4,536 shares.

Since January 1, 0001, it had 4 insider buys, and 2 sales for $17,031 activity.

More notable recent First United Corporation (NASDAQ:FUNC) news were published by: Nasdaq.com which released: “JPMorgan Offers Alternative Investments to Broader Clientele – Nasdaq” on May 18, 2018, also Nasdaq.com with their article: “Marriott to Unify Loyalty Programs, Enhance Guest Experience – Nasdaq” published on April 17, 2018, Businesswire.com published: “Orange Business Services and Cisco Bring SD-WAN Network Function Virtualization to Life – Business Wire” on February 06, 2018. More interesting news about First United Corporation (NASDAQ:FUNC) were released by: Seekingalpha.com and their article: “Should You Invest In Community Banks? – Seeking Alpha” published on June 20, 2016 as well as Nasdaq.com‘s news article titled: “Bank of America Corporation (BAC) Ex-Dividend Date Scheduled for September 06, 2018 – Nasdaq” with publication date: September 05, 2018.

First United Corporation (NASDAQ:FUNC) Institutional Positions Chart

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