Increases Stake in First Bancorp (FBNC)

Amp Capital Investors Ltd reported 15,334 shares. Putnam Investments Llc acquired 81,900 shares as Glatfelter (GLT)'s stock declined 23.06%. The company's market cap is $1.11 Billion, and the average volume is 2.12 Million. Glatfelter now has $962.82 million valuation. The stock decreased 0.46% or $5.11 during the last trading session, reaching $1101.22. Another trade for 5,000 shares valued at $712,540 was made by Haythornthwaite Richard on Monday, October 2. P. H. Glatfelter Company (NYSE:GLT) has declined 7.25% since January 9, 2017 and is downtrending. It has underperformed by 75.40% the S&P500.

TRADEMARK VIOLATION NOTICE: "First Bancorp (FBNC) Receives Consensus Rating of "Buy" from Analysts" was originally posted by TrueBlueTribune and is the property of of TrueBlueTribune. Therefore 67% are positive. First Internet Bancorp had 10 analyst reports since July 27, 2015 according to SRatingsIntel. BlackRock Advisors LLC now owns 9,491 shares of the financial services provider's stock worth $167,000 after buying an additional 130 shares during the period. Piper Jaffray maintained the shares of FBP in report on Friday, October 6 with "Buy" rating. Citigroup raised shares of First Bancorp from a "neutral" rating to a "buy" rating in a report on Thursday, December 21st. The company was upgraded on Tuesday, August 11 by Zacks. The stock now has a consensus rating of "Buy" and a consensus price target of $25.63. The stock of First Internet Bancorp (NASDAQ:INBK) earned "Buy" rating by Keefe Bruyette & Woods on Monday, June 26.

First Bancorp (FBNC) opened at $36.97 on Friday. (NASDAQ:STBA) has "Neutral" rating given on Wednesday, November 16 by PiperJaffray. The rating was initiated by Piper Jaffray on Friday, April 8 with "Overweight".

Investors sentiment increased to 4.27 in Q3 2017. Its down 0.25, from 1.05 in 2017Q2. BlackRock Fund Advisors increased its position in First Bancorp by 1.3% in the second quarter. Axa reported 0% in First Bancorp (NASDAQ:FBNC). Dorsey And Whitney Co Ltd Liability Co has 14,767 shares for 0.33% of their portfolio. Raymond James Advisors reported 22,247 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). Millennium Management Limited Liability, New York-based fund reported 42,394 shares.

6 analysts on average are expecting First Bancorp to report earnings of $0.06 per share for the current quarter. Principal Financial Gp holds 1.39M shares or 0.01% of its portfolio. Ensemble Capital Management Ltd Liability Com has invested 8.74% of its portfolio in Mastercard Incorporated (NYSE:MA). State Street Corp increased its holdings in First Bancorp by 27.9% during the 2nd quarter. (NASDAQ:STBA). Virginia Retirement Et Al has invested 0% in S&T Bancorp, Inc. Price T Rowe Associates Incorporated Md has 84,760 shares for 0% of their portfolio. Plante Moran Advsr Ltd Liability Company reported 2,925 shares stake.

Since August 7, 2017, it had 0 buys, and 3 insider sales for $169.65 million activity. $1.52M worth of stock was sold by Rodriguez Javier on Thursday, December 7.

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 stock has a market capitalization of $1,052.06, a PE ratio of 20.74, a P/E/G ratio of 1.40 and a beta of 1.09. It has a 17.93 P/E ratio. The firm also offers loans for a range of consumer and commercial purposes comprising loans for business, agriculture, real estate, personal uses, home improvement, and automobiles.

Investors sentiment decreased to 1 in 2017 Q3. Its down 0.12, from 1.45 in 2017Q2. Jbf Capital Inc bought 20,500 shares as the company's stock rose 5.12% with the market. 106 funds opened positions while 593 raised stakes.

Rock Point Advisors Llc, which manages about $351.72 million and $214.70 million US Long portfolio, decreased its stake in Sunpower Corp (NASDAQ:SPWR) by 152,839 shares to 353,190 shares, valued at $2.58M in 2017Q3, according to the filing. 94,172 were reported by Arizona State Retirement Systems.

Hedge funds have recently added to or reduced their stakes in the company. Finally, Gabelli downgraded shares of First Bancorp from a "buy" rating to a "hold" rating in a research report on Monday, November 14th. Meeder Asset Inc accumulated 10,411 shares. 126,848 were reported by Panagora Asset Mngmt. Nomura accumulated 0.03% or 112,861 shares. Prudential Fincl reported 259,563 shares. Goldman Sachs Group Inc owns 66,334 shares or 0% of their U.S. portfolio. 964.87 million shares or 1.00% less from 974.57 million shares in 2017Q2 were reported. Looking further back to the beginning of the calendar year, we note that shares have moved 8.05%.

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