Republic First Bancorp Inc (NASDAQ:FRBK): Institutional Investor Sentiment Up to 1.11

May 24, 2018 - By Nellie Frank

Sentiment for Republic First Bancorp Inc (NASDAQ:FRBK)

Republic First Bancorp Inc (NASDAQ:FRBK) institutional sentiment increased to 1.11 in 2017 Q4. Its up 0.14, from 0.97 in 2017Q3. The ratio is positive, as 31 active investment managers increased or opened new equity positions, while 28 sold and reduced positions in Republic First Bancorp Inc. The active investment managers in our partner’s database now hold: 30.47 million shares, up from 30.37 million shares in 2017Q3. Also, the number of active investment managers holding Republic First Bancorp Inc in their top 10 equity positions was flat from 2 to 2 for the same number . Sold All: 5 Reduced: 23 Increased: 19 New Position: 12.

Republic First Bancorp, Inc. operates as the holding firm for Republic First Bank that provides a range of credit and depository banking services and products to individuals and businesses primarily in Greater Philadelphia and Southern New Jersey. The company has market cap of $514.04 million. It offers consumer and commercial deposit, checking, interest-bearing demand, money market, savings, sweep, and individual retirement accounts, as well as certificates of deposit. It has a 58.33 P/E ratio. The firm also provides 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, as well as lockbox services.

The stock decreased 1.13% or $0.1 during the last trading session, reaching $8.75. About 50,095 shares traded. Republic First Bancorp, Inc. (NASDAQ:FRBK) has risen 5.70% since May 24, 2017 and is uptrending. It has underperformed by 5.85% the S&P500.

Schaller Investment Group Inc holds 16.01% of its portfolio in Republic First Bancorp, Inc. for 3.82 million shares. Gruss & Co Inc owns 349,916 shares or 2.89% of their US portfolio. Moreover, Fsi Group Llc has 2.56% invested in the company for 364,043 shares. The Illinois-based Banc Funds Co Llc has invested 0.94% in the stock. Spruce House Investment Management Llc, a New York-based fund reported 1.87 million shares.

Since January 1, 0001, it had 1 insider buy, and 0 sales for $8,425 activity.

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

Ratings analysis reveals 0 of Republic First Bancorp’s analysts are positive. Out of 2 Wall Street analysts rating Republic First Bancorp, 0 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $8.5000 while the high is $9.5. The stock’s average target of $9 is 2.86% above today’s ($8.75) share price. FRBK was included in 4 notes of analysts from December 21, 2017. The company was maintained on Wednesday, January 24 by Sandler O’Neill. The stock of Republic First Bancorp, Inc. (NASDAQ:FRBK) earned “Hold” rating by Sandler O’Neill on Monday, March 26. On Wednesday, January 3 the stock rating was maintained by Sandler O’Neill with “Hold”. Keefe Bruyette & Woods maintained it with “Hold” rating and $9.5 target in Thursday, December 21 report.

More news for Republic First Bancorp, Inc. (NASDAQ:FRBK) were recently published by: Seekingalpha.com, which released: “Philip Morris International Is A Value Trap – Cramer’s Lightning Round (5/8/18)” on May 09, 2018. Globenewswire.com‘s article titled: “Republic Bank Hires Regional Vice President for Bucks County Market” and published on May 01, 2018 is yet another important article.

Republic First Bancorp, Inc. (NASDAQ:FRBK) Institutional Positions Chart

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 daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter: