First Bancorp (FBP) — Trending Stock Alert

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FBNC's profit would be $15.72 million giving it 16.83 P/E if the $0.53 EPS is correct.

Taking a broader look at the analyst consensus, brokerage firms have a price target of $6.79 on First Bancorp (NYSE:FBP).

The stock increased 3.07% or $0.16 during the last trading session, reaching $5.38. About 58,926 shares traded. Pepsico, Inc. (NYSE:PEP) has risen 12.20% since January 11, 2017 and is uptrending. It has outperformed by 7.46% the S&P500. (NYSE:RES). 468,917 were reported by Geode Mngmt Ltd Limited Liability Company. The Jcsd Capital Llc holds 177,006 shares with $6.09 million value, down from 197,510 last quarter. Glatfelter now has $962.82 million valuation. The stock increased 4.08% or $0.99 during the last trading session, reaching $25.26. RPC, Inc. (NYSE:RES) has risen 47.61% since January 12, 2017 and is uptrending. It has underperformed by 33.21% the S&P500. Pub Sector Pension Investment Board stated it has 0% in First Bancorp (NYSE:FBP). Therefore 29% are positive. First Bancorp had 22 analyst reports since August 3, 2015 according to SRatingsIntel. Of those transactions, there were 1.46 million shares of FBP bought and 78.87 million shares sold. A 5 analysts rate it as either a buy or a strong buy, while0 believe that investors should either steer clear of FBP or, if they already own its stock, sell it. Citigroup raised shares of First Bancorp from a "neutral" rating to a "buy" rating in a report on Thursday, December 21st. The Lafayette Investments Inc holds 21,698 shares with $23.17M value, down from 22,379 last quarter. The stock of First Bancorp (NYSE:FBP) earned "Buy" rating by Keefe Bruyette & Woods on Friday, November 10. The firm has "Buy" rating given on Thursday, December 21 by Citigroup.

Among 20 analysts covering PepsiCo (NYSE:PEP), 8 have Buy rating, 0 Sell and 12 Hold. As per Friday, October 6, the company rating was maintained by Piper Jaffray. The stock of First Bancorp (NYSE:FBP) has "Neutral" rating given on Monday, November 20 by Citigroup. The stock has "Neutral" rating by Citigroup on Wednesday, February 8.

Investors sentiment decreased to 1.06 in Q3 2017. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.08%. It is positive, as 7 investors sold First Bancorp shares while 36 reduced holdings.

China's trade with North Korea tumbles over United Nations sanctions
North Koreans also told the analyst South Koreans are unprepared for USA -initiated military action on the peninsula. All of my interlocutors made it clear that while North Korea does not want war, it will not hide from it either.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Axa reported 0% in First Bancorp (NASDAQ:FBNC). Tower Research Cap Limited Liability Com (Trc) holds 0.01% or 2,409 shares. Credit Agricole S A, a France-based fund reported 91,331 shares. It also reduced its holding in Landec Corp (NASDAQ:LNDC) by 51,300 shares in the quarter, leaving it with 851,650 shares, and cut its stake in Park Electrochemical Corp (NYSE:PKE). Strs Ohio holds 158,800 shares or 0% of its portfolio. Nationwide Fund Advisors owned approximately 0.12% of First Bancorp worth $978,000 at the end of the most recent reporting period. Principal Financial Gp holds 1.39M shares or 0.01% of its portfolio. Lee Thomas H Partners Lp who had been investing in First Bancorp. for a number of months, seems to be less bullish one the $1.11B market cap company. Susquehanna Group Limited Liability Partnership reported 0% in First Bancorp (NASDAQ:FBNC). Alyeska Group L P owns 0.39% invested in RPC, Inc. Price T Rowe Associates Incorporated Md has 84,760 shares for 0% of their portfolio. Ameriprise Fincl Inc reported 1.47M shares stake.

Since August 18, 2017, it had 0 insider purchases, and 4 selling transactions for $446,575 activity.

First Bancorp operates as the bank holding firm for First Bank that provides banking services and products for individuals and small to medium-sized businesses primarily in North Carolina and northeastern SC. The firm's stock has a market capitalization of $1.1 bln. The companyÂ's Consumer Banking segment provides auto, boat, and personal loans; credit cards; lines of credit; and deposit products comprising interest bearing and non-interest bearing checking and savings accounts, individual retirement accounts, and retail certificates of deposit, as well as engages in the finance leasing and insurance activities. It has a 20.56 P/E ratio.

Investors sentiment increased to 0.89 in Q3 2017. Its down 0.12, from 1.45 in 2017Q2. Victory Cap Inc invested in 5,477 shares. 9 funds opened positions while 52 raised stakes. Swiss Natl Bank reported 0% stake. Ls Inv Advisors Ltd Company invested 0.23% of its portfolio in Mastercard Incorporated (NYSE:MA). Amer Grp invested 0% of its portfolio in First Bancorp (NYSE:FBP). It dived, as 50 investors sold DVA shares while 138 reduced holdings. California Public Employees Retirement Systems holds 0% in First Bancorp (NASDAQ:FBNC) or 66,746 shares. Wetherby Asset Mgmt reported 18,382 shares stake. Pacad Investment accumulated 31,300 shares.

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