Flagstar Bancorp Inc (NYSE:FBC) Institutional Investors Quarterly Sentiment

July 27, 2018 - By Mary Kidd

Flagstar Bancorp, Inc. (NYSE:FBC) Logo

Sentiment for Flagstar Bancorp Inc (NYSE:FBC)

Flagstar Bancorp Inc (NYSE:FBC) institutional sentiment increased to 0.96 in Q1 2018. Its up 0.05, from 0.91 in 2017Q4. The ratio has improved, as 46 investment professionals opened new and increased stock positions, while 48 sold and reduced holdings in Flagstar Bancorp Inc. The investment professionals in our partner’s database now have: 55.58 million shares, down from 55.63 million shares in 2017Q4. Also, the number of investment professionals holding Flagstar Bancorp Inc in their top 10 stock positions was flat from 2 to 2 for the same number . Sold All: 10 Reduced: 38 Increased: 32 New Position: 14.

Flagstar Bancorp, Inc. operates as a savings and loan holding firm for Flagstar Bank, FSB that provides commercial, small business, and consumer banking services to individuals and businesses in the United States. The company has market cap of $1.97 billion. The Company’s Community Banking segment offers various products, such as checking accounts, savings accounts, money market accounts, certificates of deposit, consumer and commercial loans, home builder finance loans, and warehouse lines of credit. It has a 27.82 P/E ratio. It also provides other financial services to consumer and commercial customers, including lines of credit; revolving credit; treasury management solutions; equipment leasing; inventory and accounts receivable lending; and capital markets services comprising interest rate risk protection products.

The stock decreased 1.10% or $0.38 during the last trading session, reaching $34.25. About 313,513 shares traded. Flagstar Bancorp, Inc. (NYSE:FBC) has risen 21.05% since July 27, 2017 and is uptrending. It has outperformed by 8.48% the S&P500.

Mp (Thrift) Global Advisers Iii Llc holds 100% of its portfolio in Flagstar Bancorp, Inc. for 35.60 million shares. Ejf Capital Llc owns 1.06 million shares or 3.01% of their US portfolio. Moreover, Jacobs Asset Management Llc has 1.09% invested in the company for 165,650 shares. The New York-based Basswood Capital Management L.L.C. has invested 0.97% in the stock. Piermont Capital Management Inc., a Missouri-based fund reported 64,018 shares.

Since January 1, 0001, it had 0 insider buys, and 3 sales for $811.65 million activity.

Flagstar Bancorp, Inc. (NYSE:FBC) Ratings Coverage

Ratings analysis reveals 86% of Flagstar Bancorp’s analysts are positive. Out of 7 Wall Street analysts rating Flagstar Bancorp, 6 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $37.5000 while the high is $4300. The stock’s average target of $40.63 is 18.63% above today’s ($34.25) share price. FBC was included in 8 notes of analysts from February 21, 2018. The rating was upgraded by Compass Point on Monday, May 14 to “Buy”. The firm has “Hold” rating by Sandler O’Neill given on Tuesday, April 24. Sandler O’Neill upgraded the stock to “Buy” rating in Thursday, June 7 report. The firm has “Outperform” rating given on Thursday, June 28 by Wood. Piper Jaffray maintained the shares of FBC in report on Friday, April 6 with “Buy” rating. The firm has “Buy” rating by FBR Capital given on Wednesday, February 21. Wedbush maintained Flagstar Bancorp, Inc. (NYSE:FBC) rating on Thursday, April 12. Wedbush has “Outperform” rating and $40 target.

More notable recent Flagstar Bancorp, Inc. (NYSE:FBC) news were published by: Streetinsider.com which released: “Form 8-K FLAGSTAR BANCORP INC For: Jul 24” on July 24, 2018, also Nasdaq.com with their article: “Fed Sounds All-Clear on Wells Fargo, but Is It Really?” published on July 03, 2018, Streetinsider.com published: “Flagstar Bancorp (FBC) PT Raised to $40 at Piper Jaffray Following 2Q” on July 25, 2018. More interesting news about Flagstar Bancorp, Inc. (NYSE:FBC) were released by: Streetinsider.com and their article: “Flagstar Bancorp (FBC) PT Lowered to $37 at Piper Jaffray” published on July 17, 2018 as well as Seekingalpha.com‘s news article titled: “Flagstar Bancorp’s (FBC) CEO Sandro DiNello on Q2 2018 Results – Earnings Call Transcript” with publication date: July 25, 2018.

Flagstar Bancorp, Inc. (NYSE:FBC) Institutional Positions Chart

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