First Connecticut Bancorp, Inc. (FBNK) Analysts See $0.35 EPS

January 14, 2018 - By Migdalia James

 First Connecticut Bancorp, Inc. (FBNK) Analysts See $0.35 EPS
Investors sentiment decreased to 1.3 in 2017 Q3. Its down 0.18, from 1.48 in 2017Q2. It fall, as 4 investors sold First Connecticut Bancorp, Inc. shares while 29 reduced holdings. 14 funds opened positions while 29 raised stakes. 7.86 million shares or 1.13% more from 7.78 million shares in 2017Q2 were reported.
Strs Ohio has 25,500 shares. Moreover, Sei Investments has 0% invested in First Connecticut Bancorp, Inc. (NASDAQ:FBNK). Chicago Equity Partners Limited Company has invested 0.04% in First Connecticut Bancorp, Inc. (NASDAQ:FBNK). Jpmorgan Chase holds 8,906 shares or 0% of its portfolio. Pdt Partners Limited Com invested 0.01% of its portfolio in First Connecticut Bancorp, Inc. (NASDAQ:FBNK). Wedge Mngmt L L P Nc reported 40,600 shares. Wells Fargo And Mn holds 0% of its portfolio in First Connecticut Bancorp, Inc. (NASDAQ:FBNK) for 99,616 shares. California State Teachers Retirement Systems reported 22,814 shares. Rhumbline Advisers stated it has 17,280 shares. Moreover, Dupont Capital Mngmt has 0.01% invested in First Connecticut Bancorp, Inc. (NASDAQ:FBNK). 7,722 were reported by Hancock Hldgs. 302,176 are owned by State Street Corp. Amer Grp stated it has 9,454 shares. Renaissance Technology Lc accumulated 326,448 shares or 0.01% of the stock. Morgan Stanley invested 0% of its portfolio in First Connecticut Bancorp, Inc. (NASDAQ:FBNK).

Analysts expect First Connecticut Bancorp, Inc. (NASDAQ:FBNK) to report $0.35 EPS on January, 24.They anticipate $0.08 EPS change or 29.63 % from last quarter’s $0.27 EPS. FBNK’s profit would be $5.28 million giving it 19.32 P/E if the $0.35 EPS is correct. After having $0.35 EPS previously, First Connecticut Bancorp, Inc.’s analysts see 0.00 % EPS growth. The stock increased 0.74% or $0.2 during the last trading session, reaching $27.05. About 15,345 shares traded. First Connecticut Bancorp, Inc. (NASDAQ:FBNK) has risen 51.52% since January 14, 2017 and is uptrending. It has outperformed by 34.82% the S&P500.

First Connecticut Bancorp, Inc. (NASDAQ:FBNK) Ratings Coverage

Among 5 analysts covering First Connecticut Bancorp (NASDAQ:FBNK), 1 have Buy rating, 0 Sell and 4 Hold. Therefore 20% are positive. First Connecticut Bancorp has $29.0 highest and $17 lowest target. $22.10’s average target is -18.30% below currents $27.05 stock price. First Connecticut Bancorp had 17 analyst reports since August 7, 2015 according to SRatingsIntel. The company was maintained on Tuesday, October 3 by Keefe Bruyette & Woods. The rating was upgraded by Zacks to “Hold” on Wednesday, August 12. The company was downgraded on Wednesday, November 16 by Piper Jaffray. The stock has “Hold” rating by Keefe Bruyette & Woods on Tuesday, August 22. On Thursday, October 19 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. The stock of First Connecticut Bancorp, Inc. (NASDAQ:FBNK) earned “Market Perform” rating by Wood on Friday, September 4. On Friday, January 29 the stock rating was maintained by Compass Point with “Buy”. The firm has “Hold” rating given on Thursday, December 21 by Keefe Bruyette & Woods. PiperJaffray downgraded the shares of FBNK in report on Wednesday, November 16 to “Neutral” rating. Piper Jaffray initiated First Connecticut Bancorp, Inc. (NASDAQ:FBNK) rating on Thursday, April 14. Piper Jaffray has “Overweight” rating and $18.50 target.

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 $408.43 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 21.47 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.

More recent First Connecticut Bancorp, Inc. (NASDAQ:FBNK) news were published by: Nasdaq.com which released: “First Connecticut Bancorp, Inc. (FBNK) Ex-Dividend Date Scheduled for December …” on December 06, 2017. Also Globenewswire.com published the news titled: “First Connecticut Bancorp, Inc. to Present at the Piper Jaffray New England …” on August 22, 2017. Globenewswire.com‘s news article titled: “First Connecticut Bancorp, Inc. Increases Quarterly Dividend” with publication date: August 22, 2017 was also an interesting one.

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