First Bancorp (FBNC) Stake Lowered by Nationwide Fund Advisors

The institutional investor held 350,720 shares of the major banks company at the end of 2017Q3, valued at $11.33M, up from 226,500 at the end of the previous reported quarter.

The stock increased 3.07% or $0.16 during the last trading session, reaching $5.38. Another trade for 10,000 shares valued at $1.30 million was sold by LINDSAY MARTIN M. First Bancorp (NYSE:FBP) has risen 32.84% since January 9, 2017 and is uptrending. It has outperformed by 18.29% the S&P500. Salem Investment Counselors accumulated 550 shares or 0% of the stock. Victory Cap Inc invested in 5,477 shares. The firm has "Hold" rating by Zacks given on Saturday, August 22.

Vision Capital Management Inc increased its stake in Middleby Corp Com (MIDD) by 51.69% based on its latest 2017Q3 regulatory filing with the SEC. The stock increased 0.96% or $0.21 during the last trading session, reaching $22.09. About 33,833 shares traded. Senseonics Holdings, Inc. (NYSEAMERICAN:SENS) has declined 58.70% since January 13, 2017 and is downtrending. It has underperformed by 16.70% the S&P500.

Heartland Advisors Inc increased its stake in First Internet Bancorp (INBK) by 54.84% based on its latest 2017Q3 regulatory filing with the SEC.

Analysts await First Bancorp (NYSE:FBP) to report earnings on January, 25.

TRADEMARK VIOLATION NOTICE: "First Bancorp (FBNC) Receives Consensus Rating of "Buy" from Analysts" was originally posted by TrueBlueTribune and is the property of of TrueBlueTribune. Therefore 29% are positive. After having $0.28 EPS previously, RPC, Inc.'s analysts see 17.86% EPS growth. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. The rating was upgraded by Citigroup to "Buy" on Thursday, December 21. The stock of First Internet Bancorp (NASDAQ:INBK) has "Buy" rating given on Thursday, October 19 by Keefe Bruyette & Woods. On Wednesday, October 4 the stock rating was maintained by Keefe Bruyette & Woods with "Buy".

Shares of First Bancorp (NASDAQ FBNC) opened at $35.68 on Friday. The stock of First Bancorp (NASDAQ:FBNC) earned "Buy" rating by Brean Capital on Monday, October 30. The Return on Investment (ROI) ratio of First Bancorp (FBP) is 18.3 percent. Piper Jaffray Companies reaffirmed a "buy" rating and set a $7.50 price objective on shares of First Bancorp in a report on Friday, November 10th. Keefe Bruyette & Woods maintained the stock with "Buy" rating in Monday, June 26 report.

Since August 7, 2017, it had 0 buys, and 3 sales for $169.65 million activity. $56.55M worth of First Bancorp (NYSE:FBP) was sold by Oaktree Capital Group Holdings GP - LLC. The fund owned 52,793 shares of the financial services provider's stock after buying an additional 1,218 shares during the period.

Investors sentiment increased to 2.49 in Q3 2017. The stock gained 1.59 percent over the past month and rose 0.39 percent year-to-date.

In other First Bancorp news, insider Suzanne S. Deferie sold 12,001 shares of the company's stock in a transaction dated Wednesday, December 27th.

Nationwide Fund Advisors cut its stake in First Bancorp (NASDAQ:FBNC) by 24.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. Piper Jaffray maintained the shares of FBNC in report on Thursday, October 26 with "Buy" rating. Louisiana State Employees Retirement Sys reported 17,700 shares.

Meanwhile, during the same quarter First Bancorp (FBP) delivered a 25.34% earnings surprise. Strs Ohio holds 0% of its portfolio in First Bancorp (NASDAQ:FBNC) for 834 shares. Bowling Port Management Lc reported 0.09% of its portfolio in First Bancorp (NYSE:FBP). Dorsey And Whitney Co Ltd Liability Co has 14,767 shares for 0.33% of their portfolio. Voya Inv Mgmt Llc accumulated 0% or 15,488 shares. Cornerstone Cap Hldg Ltd Liability Co owns 0.04% invested in First Bancorp (NYSE:FBP) for 900,637 shares. Public Sector Pension Invest Board reported 116,297 shares stake. The insider, KAFKA DONALD, now holds 166,719 shares of FBP. Stieven Capital Advisors Lp who had been investing in First Internet Bancorp for a number of months, seems to be bullish on the $341.91 million market cap company. A month ago, analyst EPS consensus estimated earnings of US$0.07 per share. It also upped United Rentals Inc (NYSE:URI) stake by 9,936 shares and now owns 28,845 shares. Colony Northstar Inc (Prn) was raised too. On Monday, August 7 the insider Oaktree Principal Fund V (Delaware) - L.P. sold $56.55M. RUDDOCK DAVID P also sold $154,468 worth of S&T Bancorp, Inc. SENS's SI was 3.85M shares in January as released by FINRA. Also, CEO Richard H. Moore purchased 2,755 shares of the business's stock in a transaction on Wednesday, December 20th. Another trade for 350 shares valued at $376,096 was made by Kiscaden Bradley James on Wednesday, August 2.

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