Republic First Bancorp, Inc. (FRBK) Rises A lot Today, Is Now One of The Best Performer

September 17, 2017 - By Louis Casey

Investors sentiment increased to 4.38 in Q4 2016. Its up 2.46, from 1.92 in 2016Q3. It increased, as 7 investors sold Republic First Bancorp, Inc. shares while 6 reduced holdings. 23 funds opened positions while 34 raised stakes. 54.91 million shares or 249.73% more from 15.70 million shares in 2016Q3 were reported.
Ulysses Limited Liability invested in 1.71% or 1.26M shares. Millennium Lc has 0% invested in Republic First Bancorp, Inc. (NASDAQ:FRBK). Northern Tru Corporation owns 558,625 shares. 77,872 are held by Jpmorgan Chase Company. Hutchin Hill Capital L P owns 0.16% invested in Republic First Bancorp, Inc. (NASDAQ:FRBK) for 560,748 shares. Legal And General Group Plc holds 13,052 shares. Meeder Asset Mngmt Inc holds 2,200 shares. 218,238 were accumulated by Morgan Stanley. Schwab Charles Management Incorporated holds 0% of its portfolio in Republic First Bancorp, Inc. (NASDAQ:FRBK) for 79,100 shares. Financial Architects reported 10,000 shares. Dimensional Fund Advisors Ltd Partnership, Texas-based fund reported 349,776 shares. 114 are held by Massmutual Tru Fsb Adv. Manufacturers Life Co The owns 29,541 shares or 0% of their US portfolio. Metropolitan Life Ins Ny accumulated 33,245 shares or 0% of the stock. Royal Bancorporation Of Canada owns 8,363 shares or 0% of their US portfolio.

The stock of Republic First Bancorp, Inc. (NASDAQ:FRBK) is a huge mover today! The stock increased 5.88% or $0.5 on September 15, reaching $9. About 318,666 shares traded or 185.12% up from the average. Republic First Bancorp, Inc. (NASDAQ:FRBK) has risen 95.56% since September 17, 2016 and is uptrending. It has outperformed by 78.86% the S&P500.
The move comes after 5 months positive chart setup for the $512.74 million company. It was reported on Sep, 17 by Barchart.com. We have $9.36 PT which if reached, will make NASDAQ:FRBK worth $20.51M more.

Republic First Bancorp, Inc. (NASDAQ:FRBK) Ratings Coverage

Among 3 analysts covering Republic First Bancorp (NASDAQ:FRBK), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. Republic First Bancorp had 5 analyst reports since August 20, 2015 according to SRatingsIntel. Bruyette & Woods” initiated the shares of FRBK in report on Thursday, August 20 with “Mkt Perform” rating. The stock of Republic First Bancorp, Inc. (NASDAQ:FRBK) earned “Hold” rating by Keefe Bruyette & Woods on Thursday, June 1. The rating was initiated by KBW with “Market Perform” on Thursday, August 20. On Friday, July 21 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”.

More important recent Republic First Bancorp, Inc. (NASDAQ:FRBK) news were published by: Prnewswire.com which released: “Republic First Bancorp, Inc. Announces Completion Of $100 Million Common Stock …” on December 05, 2016, also Prnewswire.com published article titled: “SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Republic …”, Prnewswire.com published: “National Italian American Foundation Honors Vernon and Shirley Hill” on March 31, 2017. More interesting news about Republic First Bancorp, Inc. (NASDAQ:FRBK) was released by: Prnewswire.com and their article: “Republic First Bancorp, Inc. Adds Lisa R. Jacobs to Board of Directors” with publication date: March 06, 2017.

Republic First Bancorp, Inc. is a holding firm for Republic First Bank , which does business under the name Republic Bank. The company has market cap of $512.74 million. The Company’s community banking segment encompasses the commercial loan and deposit activities of Republic, as well as consumer loan products in the areas surrounding its store network. It has a 66.84 P/E ratio. The Firm offers a range of banking services and products, including consumer and commercial deposit accounts, checking accounts, interest-bearing demand accounts, money market accounts, certificates of deposit, savings accounts, sweep accounts, lockbox services and individual retirement accounts (and other traditional banking services), secured and unsecured commercial loans, real estate loans, construction and land development loans, automobile loans, home improvement loans, mortgages, home equity and overdraft lines of credit, and other products.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.