Ant Book

Main Menu

  • Home
  • Eu Fragmentation
  • Home Asset Bias
  • Money Market Accounts
  • Private Equity Funds
  • Finance

Ant Book

Header Banner

Ant Book

  • Home
  • Eu Fragmentation
  • Home Asset Bias
  • Money Market Accounts
  • Private Equity Funds
  • Finance
Money Market Accounts
Home›Money Market Accounts›Carlie C. Mclamb, Jr. buys 2,006 shares of First Bancorp (NASDAQ: FBNC)

Carlie C. Mclamb, Jr. buys 2,006 shares of First Bancorp (NASDAQ: FBNC)

By Joanne Monty
November 29, 2021
0
0

First Bancorp (NASDAQ: FBNC) principal Carlie C. Mclamb, Jr. bought 2,006 shares of the company in a trade on Monday, November 22. The shares were purchased at an average cost of $ 49.24 per share, for a total value of $ 98,775.44. The transaction was disclosed in a file with the SEC, accessible through this link.

NASDAQ FBNC shares traded down $ 0.44 midday Monday, reaching $ 45.47. The company’s shares had a trading volume of 214,573 shares, compared to its average volume of 155,447. The company has a market capitalization of $ 1.62 billion, a price-to-earnings ratio of 12.02 and a beta of 1.27. The company has a quick ratio of 0.70, a current ratio of 0.70, and a debt ratio of 0.07. The company’s fifty-day simple moving average is $ 45.68. First Bancorp has a 52 week low of $ 31.08 and a 52 week high of $ 50.92.

First Bancorp (NASDAQ: FBNC) last released its quarterly earnings data on Monday, October 25. The financial services provider reported earnings per share of $ 0.97 for the quarter, hitting analyst consensus estimates of $ 0.97. The company posted revenue of $ 75.06 million in the quarter, compared to $ 77.45 million according to analysts’ estimates. First Bancorp recorded a return on equity of 12.07% and a net margin of 34.25%. As a group, equity research analysts predict that First Bancorp will post 3.42 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, October 25. Shareholders of record on Thursday, September 30, received a dividend of $ 0.20. This represents a dividend of $ 0.80 on an annualized basis and a dividend yield of 1.76%. The ex-dividend date of this dividend was Wednesday, September 29. First Bancorp’s dividend payout ratio (DPR) is 20.94%.

(A d)

With Democrats now controlling both houses of Congress and the executive branch, decriminalizing cannabis at the federal level could take months. This could allow cannabis companies established in Washington state to market across state lines, which would trigger a bidding war for quality stocks at reasonable prices.

Several research companies have published reports on FBNC. Piper Sandler downgraded First Bancorp from an “overweight” rating to a “neutral” rating and set a price target of $ 52.00 for the company. in a report on Tuesday, October 12. Zacks Investment Research downgraded First Bancorp from a “buy” rating to a “maintain” rating in a report released on Tuesday, October 12.

Several large investors have recently bought and sold shares of FBNC. Schonfeld Strategic Advisors LLC purchased a new equity stake in First Bancorp in the first quarter valued at approximately $ 222,000. Jane Street Group LLC purchased a new equity stake in First Bancorp in the first quarter valued at approximately $ 270,000. Squarepoint Ops LLC purchased a new stake in First Bancorp shares in the first quarter valued at approximately $ 203,000. The Alaska State Department of Revenue increased its position in First Bancorp shares by 2.1% in the second quarter. The Alaska State Department of Revenue now owns 19,707 shares of the financial services provider valued at $ 806,000 after purchasing an additional 413 shares in the last quarter. Finally, Founders Financial Alliance LLC increased its position in First Bancorp shares by 0.6% in the second quarter. Founders Financial Alliance LLC now owns 164,777 shares of the financial services provider worth $ 6,737,000 after purchasing an additional 927 shares in the last quarter. Institutional investors hold 76.22% of the company’s shares.

First profile of the Bancorp company

First Bancorp operates as a banking holding company, carrying on banking activities, accepting deposits and granting loans. It offers a range of deposit products such as checking, savings, NOW and money accounts, as well as term deposits, including various types of certificates of deposit, CDs, and individual retirement accounts.

Featured article: Upgrade the grade

Insider buys and sells by quarter for First Bancorp (NASDAQ: FBNC)

This instant news alert was powered by storytelling technology and financial data from MarketBeat to provide readers with the fastest, most accurate reports. This story was reviewed by the MarketBeat editorial team prior to publication. Please send any questions or comments about this story to [email protected]

Should you invest $ 1,000 in First Bancorp now?

Before you consider First Bancorp, you’ll want to hear this.

MarketBeat tracks Wall Street’s top-rated and top-performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts quietly whisper to their clients to buy now before the broader market takes hold … and First Bancorp was not on the list.

While First Bancorp currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the 5 actions here


Source link

Related posts:

  1. Esma questions use of blockchain for EC’s bold monetary information platform
  2. “ Low Period Debt Funds Ought to See Enhancing Yields ”
  3. Constancy retail investor accounts enhance 17% to 26 million
  4. Greensill points develop as regulator oversees banking unit
Tagsfinancial services

Categories

  • Eu Fragmentation
  • Finance
  • Home Asset Bias
  • Money Market Accounts
  • Private Equity Funds

Recent Posts

  • Germany’s digital health efforts are failing. Is a Lauterbach strategy the ticket? – POLITICS
  • Stealth privatization of Medicare is a boon for Wall Street
  • EU media freedom law must be strengthened – EURACTIV.com
  • OncoHealth secures strategic investments from Arsenal Capital Partners and McKesson Corporation
  • An assessment of China’s monetary and financial data in the first quarter
  • Terms and Conditions
  • Privacy Policy