$0.38 EPS Expected for First Connecticut Bancorp, Inc. (FBNK)

September 15, 2018 - By Catherine Diaz

Investors sentiment increased to 1.05 in Q2 2018. Its up 0.14, from 0.91 in 2018Q1. It is positive, as 15 investors sold First Connecticut Bancorp, Inc. shares while 27 reduced holdings. 25 funds opened positions while 19 raised stakes. 6.95 million shares or 6.60% less from 7.44 million shares in 2018Q1 were reported.
34,050 are owned by Clover Prtn Ltd Partnership. 8,696 are owned by Commonwealth Of Pennsylvania Pub School Empls Retrmt System. Bank & Trust Of Montreal Can owns 139 shares or 0% of their US portfolio. Hennessy Advsr reported 0.17% stake. Essex Fincl Inc owns 0.25% invested in First Connecticut Bancorp, Inc. (NASDAQ:FBNK) for 33,308 shares. 141,800 were accumulated by Gabelli Funds Lc. New York-based Alliancebernstein L P has invested 0% in First Connecticut Bancorp, Inc. (NASDAQ:FBNK). Omers Administration invested in 35,500 shares or 0.01% of the stock. Ameritas Invest Prns, a Nebraska-based fund reported 1,089 shares. Jpmorgan Chase And has 0% invested in First Connecticut Bancorp, Inc. (NASDAQ:FBNK). Water Island Cap Ltd Liability holds 0.21% or 124,959 shares in its portfolio. Teton Advisors Inc holds 20,430 shares or 0.06% of its portfolio. Stifel Fincl stated it has 0% of its portfolio in First Connecticut Bancorp, Inc. (NASDAQ:FBNK). Qs Investors Lc holds 493 shares. Tudor Corp Et Al has 352,624 shares for 0.38% of their portfolio.

Since July 23, 2018, it had 0 insider purchases, and 7 selling transactions for $7.00 million activity. $417,435 worth of First Connecticut Bancorp, Inc. (NASDAQ:FBNK) shares were sold by Patrick John J Jr.. 110,099 shares were sold by Burns Kenneth F, worth $3.42M on Tuesday, July 24.

Analysts expect First Connecticut Bancorp, Inc. (NASDAQ:FBNK) to report $0.38 EPS on October, 17.They anticipate $0.03 EPS change or 8.57 % from last quarter’s $0.35 EPS. FBNK’s profit would be $6.07M giving it 19.97 P/E if the $0.38 EPS is correct. After having $0.46 EPS previously, First Connecticut Bancorp, Inc.’s analysts see -17.39 % EPS growth. The stock increased 0.33% or $0.1 during the last trading session, reaching $30.35. About 55,729 shares traded. First Connecticut Bancorp, Inc. (NASDAQ:FBNK) has risen 25.56% since September 16, 2017 and is uptrending. It has outperformed by 9.94% the S&P500.

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 $485.08 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 25.68 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.

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

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