$0.41 EPS Expected for First Connecticut Bancorp, Inc. (FBNK); Green Square Capital Cut Its Gamestop (GME) Stake

April 17, 2018 - By Dolores Ford

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Analysts expect First Connecticut Bancorp, Inc. (NASDAQ:FBNK) to report $0.41 EPS on April, 18 after the close.They anticipate $0.09 EPS change or 28.13% from last quarter’s $0.32 EPS. FBNK’s profit would be $6.24 million giving it 16.01 P/E if the $0.41 EPS is correct. After having $0.34 EPS previously, First Connecticut Bancorp, Inc.’s analysts see 20.59% EPS growth. The stock increased 0.77% or $0.2 during the last trading session, reaching $26.25. About 11,517 shares traded. First Connecticut Bancorp, Inc. (NASDAQ:FBNK) has risen 7.13% since April 17, 2017 and is uptrending. It has underperformed by 4.42% the S&P500.

Green Square Capital Llc decreased Gamestop Corp (GME) stake by 58.07% reported in 2017Q4 SEC filing. Green Square Capital Llc sold 149,885 shares as Gamestop Corp (GME)’s stock declined 24.11%. The Green Square Capital Llc holds 108,235 shares with $1.94 million value, down from 258,120 last quarter. Gamestop Corp now has $1.40 billion valuation. The stock increased 1.47% or $0.2 during the last trading session, reaching $13.81. About 3.23M shares traded. GameStop Corp. (NYSE:GME) has declined 33.43% since April 17, 2017 and is downtrending. It has underperformed by 44.98% the S&P500.

Since January 29, 2018, it had 3 insider buys, and 0 insider sales for $34,382 activity. On Monday, January 29 Patrick John J Jr. bought $9,632 worth of First Connecticut Bancorp, Inc. (NASDAQ:FBNK) or 370 shares. Healey James T Jr bought $21,854 worth of stock or 883 shares.

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 $399.39 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 25.74 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.

Investors sentiment increased to 1.44 in Q4 2017. Its up 0.14, from 1.3 in 2017Q3. It is positive, as 12 investors sold First Connecticut Bancorp, Inc. shares while 20 reduced holdings. 11 funds opened positions while 35 raised stakes. 7.63 million shares or 2.96% less from 7.86 million shares in 2017Q3 were reported. Blackrock holds 0% or 1.09M shares. Barclays Public Ltd has invested 0% of its portfolio in First Connecticut Bancorp, Inc. (NASDAQ:FBNK). Prospector Ptnrs Limited holds 87,800 shares or 0.33% of its portfolio. Moreover, Meeder Asset has 0% invested in First Connecticut Bancorp, Inc. (NASDAQ:FBNK) for 236 shares. 28,461 were reported by Corbyn Investment Mgmt Inc Md. Essex Financial Serv holds 38,114 shares. Bnp Paribas Arbitrage Sa holds 0% of its portfolio in First Connecticut Bancorp, Inc. (NASDAQ:FBNK) for 3,597 shares. Strs Ohio holds 0% of its portfolio in First Connecticut Bancorp, Inc. (NASDAQ:FBNK) for 27,100 shares. Rhumbline Advisers has 15,084 shares. State Street owns 0% invested in First Connecticut Bancorp, Inc. (NASDAQ:FBNK) for 312,140 shares. Carret Asset Mgmt Ltd Limited Liability Company invested in 0.04% or 10,000 shares. Dimensional Fund L P holds 461,951 shares. Geode Capital Limited Co owns 113,350 shares. Trexquant L P invested in 0.02% or 7,755 shares. Natl Bank Of America De has 0% invested in First Connecticut Bancorp, Inc. (NASDAQ:FBNK).

Among 5 analysts covering First Connecticut Bancorp (NASDAQ:FBNK), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. First Connecticut Bancorp has $29.0 highest and $17 lowest target. $22.10’s average target is -15.81% below currents $26.25 stock price. First Connecticut Bancorp had 18 analyst reports since August 7, 2015 according to SRatingsIntel. The stock has “Overweight” rating by Piper Jaffray on Thursday, April 14. The stock has “Overweight” rating by PiperJaffray on Monday, February 5. On Wednesday, November 16 the stock rating was downgraded by PiperJaffray to “Neutral”. The firm has “Overweight” rating given on Tuesday, January 31 by Piper Jaffray. The company was maintained on Wednesday, October 18 by Piper Jaffray. On Friday, September 4 the stock rating was downgraded by Wood to “Market Perform”. The rating was downgraded by Piper Jaffray on Wednesday, November 16 to “Neutral”. The stock has “Buy” rating by Compass Point on Friday, January 29. Keefe Bruyette & Woods downgraded the stock to “Market Perform” rating in Friday, September 4 report. The stock of First Connecticut Bancorp, Inc. (NASDAQ:FBNK) has “Neutral” rating given on Wednesday, June 14 by PiperJaffray.

Among 20 analysts covering GameStop Corp. (NYSE:GME), 10 have Buy rating, 2 Sell and 8 Hold. Therefore 50% are positive. GameStop Corp. has $60 highest and $1200 lowest target. $30.61’s average target is 121.65% above currents $13.81 stock price. GameStop Corp. had 77 analyst reports since August 6, 2015 according to SRatingsIntel. Loop Capital initiated GameStop Corp. (NYSE:GME) rating on Wednesday, December 7. Loop Capital has “Buy” rating and $32 target. The rating was upgraded by Telsey Advisory Group on Monday, June 27 to “Outperform”. Credit Suisse maintained GameStop Corp. (NYSE:GME) rating on Monday, March 28. Credit Suisse has “Neutral” rating and $30 target. Robert W. Baird maintained GameStop Corp. (NYSE:GME) on Friday, August 26 with “Outperform” rating. The stock of GameStop Corp. (NYSE:GME) has “Sell” rating given on Wednesday, November 2 by Benchmark. The stock of GameStop Corp. (NYSE:GME) earned “Underperform” rating by Bank of America on Thursday, March 29. The stock of GameStop Corp. (NYSE:GME) has “Neutral” rating given on Monday, January 4 by Sterne Agee CRT. The rating was maintained by Credit Suisse with “Hold” on Wednesday, November 22. Piper Jaffray maintained the stock with “Overweight” rating in Wednesday, August 12 report. The rating was maintained by Telsey Advisory Group with “Market Perform” on Friday, March 24.

Green Square Capital Llc increased Ameren Corp (NYSE:AEE) stake by 27,314 shares to 131,617 valued at $7.76M in 2017Q4. It also upped Energy Select Sector Spdr (XLE) stake by 19,396 shares and now owns 33,758 shares. Southern Co Com (NYSE:SO) was raised too.

Analysts await GameStop Corp. (NYSE:GME) to report earnings on May, 24. They expect $0.40 EPS, down 36.51% or $0.23 from last year’s $0.63 per share. GME’s profit will be $40.64M for 8.63 P/E if the $0.40 EPS becomes a reality. After $2.02 actual EPS reported by GameStop Corp. for the previous quarter, Wall Street now forecasts -80.20% negative EPS growth.

Investors sentiment increased to 1.46 in Q4 2017. Its up 0.39, from 1.07 in 2017Q3. It increased, as 37 investors sold GME shares while 70 reduced holdings. 56 funds opened positions while 100 raised stakes. 108.87 million shares or 8.64% more from 100.21 million shares in 2017Q3 were reported. Pomelo Capital Lc invested in 106,286 shares. Vanguard Grp Inc accumulated 8.72 million shares. Commonwealth Of Pennsylvania School Empls Retrmt Sys, a Pennsylvania-based fund reported 14,797 shares. Bb&T Secs owns 50,699 shares. 435,827 were accumulated by Principal Finance Gru. Berson And Corrado Invest Advisors Llc reported 0.24% in GameStop Corp. (NYSE:GME). 43,818 are held by Balasa Dinverno & Foltz Limited Liability Corporation. Jpmorgan Chase has invested 0% in GameStop Corp. (NYSE:GME). Federated Invsts Pa, a Pennsylvania-based fund reported 110,663 shares. American Natl Ins Tx, a Texas-based fund reported 77,050 shares. 168,325 were accumulated by Manufacturers Life The. Employees Retirement System Of Ohio holds 75,057 shares. 593,902 were reported by California Public Employees Retirement Systems. Caxton Associates Lp invested 0.02% in GameStop Corp. (NYSE:GME). Howe Rusling accumulated 280 shares or 0% of the stock.

GameStop Corp. (NYSE:GME) Institutional Positions Chart

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