First Republic Bank (NYSE:FRC) Earns Coverage Optimism Rating of 0.12

Its investment stood at $155,000 a decrease of 70.5% as of quarter end.

What Historical Figures Say About First Republic Bank (NYSE: FRC)? Sit Investment Associates Inc claims 49,700 shares valued at $5,192,000.

Suntrust Banks Inc increased First Rep Bk San Francisco C (FRC) stake by 22.2% reported in 2017Q2 SEC filing. Janus Capital Management LLC expanded its ownership by buying 32,900 shares an increase of 4.9% from 12/31/2016 to 03/31/2017. As of quarter end Ironbridge Capital Management Lp had sold 394,447 shares trimming its holdings by 43.9%. Somerset Trust Co now owns 9,186 shares of the bank's stock valued at $919,000 after purchasing an additional 40 shares during the last quarter. Finally, Congress Asset Management Co. LLC increased its holdings in First Republic Bank by 1.1% in the 2nd quarter. Capital World Investors now owns 8,068,025 shares of the bank's stock valued at $807,609,000 after buying an additional 490,000 shares in the last quarter. Finally, Royal Bank Of Canada reiterated a "hold" rating on shares of First Republic Bank in a research report on Friday, September 29th.

Institutional investors now hold around $15.23 billion or 0% in FRC stock.

ILLEGAL ACTIVITY NOTICE: This report was posted by StockNewsTimes and is the sole property of of StockNewsTimes. If you are viewing this piece of content on another domain, it was illegally copied and republished in violation of United States and global copyright and trademark legislation.

Receive FIRST REPUBLIC BANK News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FIRST REPUBLIC BANK with MarketBeat.com's FREE daily email newsletter.

AcelRx Pharmaceuticals, Inc. (NASDAQ:ACRX) Traded -43.0% Below Its 50 Day Average
LMR Partners LLP acquired a new position in shares of AcelRx Pharmaceuticals during the second quarter valued at about $319,000. The company has experienced volume of 2,418,329 shares while on average the company has a capacity of trading 2.24M share.

Share Performance Update on Vanguard FTSE CDN High Div Yld Index ETF
The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of stock price movements. A level under 20 would indicate no trend, and a reading from 20-25 would suggest that there is no clear trend signal.

Brisbane man stabbed to death after investigating "power outage"
A Queensland Police spokesman said the father was found "on the ground in the front yard, he had suffered significant injuries". A man has been stabbed to death after he went outside his home to investigate a power outage in Kuraby early this morning.

FRC has been the subject of several research reports. First Republic Bank has a consensus rating of Hold and a consensus target price of $102.93. The ex-dividend date is Wednesday, October 25th. Additionally FIRST REPUBLIC BANK announced a dividend paid on Thursday the 10th of August 2017.

Traders are a little more bullish on shares of the company of late as implied by the change in short interest. The rating was maintained by RBC Capital Markets with "Sector Perform" on Monday, October 19. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating to the company's stock. The company now has a consensus rating of "Hold" and an average price target of $102.93.

First American Bank divested its holdings by shedding 281 shares a decrease of 35.9%. 1,869,664 shares of the stock traded hands. The company has a 50-day moving average price of $99.62 and a 200-day moving average price of $97.42.

01/17/2017 - FIRST REPUBLIC BANK had its "outperform" rating reiterated by analysts at FBR Capital Markets. The stock has a market cap of $15.84 billion, a price-to-earnings ratio of 23.65 and a beta of 1.01.

News headlines about First Republic Bank (NYSE:FRC) have trended somewhat positive this week, Accern Sentiment reports.

Analysts expect Astronics Corporation (NASDAQ:ATRO) to report $0.37 EPS on November, 14.They anticipate $0.04 EPS change or 9.76% from last quarter's $0.41 EPS. The firm had revenue of $557.90 million for the quarter, compared to analysts' expectations of $592.65 million. First Republic Bank has a 52-week low of $72.43 and a 52-week high of $105.52. The company's quarterly revenue was up 20.1% compared to the same quarter past year. During the same quarter in the previous year, the firm posted $1.00 earnings per share. As of the last earnings report the EPS was $4.10 and is estimated to be $4.45 for the current year with 157,756,000 shares now outstanding. This represents a $0.68 annualized dividend and a yield of 0.69%. First Republic Bank's dividend payout ratio (DPR) is presently 16.04%. The Bank specializes in providing services, including private banking, private business banking, real estate lending and wealth management services, including trust and custody services, to clients in selected metropolitan areas in the United States.

Related News:

  • Dallas Cowboys sign kicker Mike Nugent, release defensive end Damontre Moore

    Dallas Cowboys sign kicker Mike Nugent, release defensive end Damontre Moore

    For the remainder of that game, the kicking duties were surprisingly, and mostly successfully, handled by safety Jeff Heath . The 35-year-old Nugent has made 236 career field goals during a 12-year-career that began with the New York Jets in 2005.

    Comcast Corporation (NASDAQ:CMCSA) Position Lowered by Sigma Planning Corp

    Three research analysts have rated the stock with a hold rating and twenty-four have given a buy rating to the company's stock. Reynders Mcveigh Capital Management Llc increased Intl Business Machines (IBM) stake by 45.86% reported in 2017Q2 SEC filing.
    Bannon to speak in New Hampshire

    Bannon to speak in New Hampshire

    He has been called a "well-known white supremacist leader" by the National Association for the Advancement of Colored People (NAACP).
  • Republican senator, Trump feud on Twitter

    Republican senator, Trump feud on Twitter

    John Thune of South Dakota. "Let me put it this way: I would not do that again", Corker said regarding his 2016 endorsement. Hours earlier, Trump had attacked Corker on Twitter for helping former president Barack Obama "give us the bad Iran Deal".
    Nicki Minaj Reportedly Will Not Testify at Her Brother's Child Rape Trial

    Nicki Minaj Reportedly Will Not Testify at Her Brother's Child Rape Trial

    A damning testimony has come out against Nicki Minaj's brother during his highly controversial child rape trial . Prosecutors said Maraj's DNA was found on a pair of the girl's pajama trousers .

    Institutional Portfolio Favorite in Spotlight: Akamai Technologies, Inc. (NASDAQ:AKAM)

    Also, insider William Wheaton sold 10,000 shares of the business's stock in a transaction that occurred on Monday, October 2nd. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
  • Cate Blanchett: Women looking sexy 'doesn't mean we want to f--- you'

    Cate Blanchett: Women looking sexy 'doesn't mean we want to f--- you'

    She continued, "But the comments that get said about what women wear on the red carpet-I mean". "I mean, you know we all like looking sexy but it doesn't mean we want to fuck you".

    Captain Marvel Will Lead Female-First MCU In Phase 4

    It's going to be a big part of heading towards this epic conclusion and epic finale of 22 movies over the course of 10 years. If what Feige says is correct, the Captain Marvel will play a "big role" in wrapping up Phase 3 as a whole.

    Bishoo nine-for leads West Indies to 1-0 lead over Zimbabwe

    First Ervine was trapped lbw for 18 by a delivery that kept a touch low, then Williams was stumped by wicketkeeper Shane Dowrich. The second and final test will also be played in Bulawayo and starts on Sunday.
  • Analysts Estimates And Ratings Banco Santander, SA

    Analysts Estimates And Ratings Banco Santander, SA

    Arrowstreet Capital Limited Partnership grew its position in shares of Banco Santander Brasil SA by 73.5% during the 2nd quarter. TRADEMARK VIOLATION NOTICE: This report was first reported by Dispatch Tribunal and is owned by of Dispatch Tribunal.

    Iron Mountain Incorporated (IRM): What Are The Future Prospects?

    Point72 Asia Hong Kong Ltd purchased a new stake in shares of Iron Mountain during the second quarter worth about $116,000. Equities research analysts anticipate that Iron Mountain Incorporated will post $1.18 EPS for the current fiscal year.
    Mark Wahlberg Hopes God Forgives Him for Starring in Boogie Nights

    Mark Wahlberg Hopes God Forgives Him for Starring in Boogie Nights

    A devout Catholic , the actor portrayed Dirk Diggler in Boogie Nights , an impressionable young man turned A-list porn star. So it should be something of a surprise to you that Mark Wahlberg hopes that God forgives him for being in that movie.


Most liked

Oklahoma GOP leaders announce budget plan
Taking no questions from reporters at the press conference, Fallin said it has been "very difficult" to find an agreement. Speaker of the House Charles McCall, left, and Senate President pro-tempore Mike Schulz, second from right, and Gov.

Dow ends at record after strong Caterpillar, 3M earnings
For Boeing, analysts expect core profit to fall 5 percent in third quarter, according to Thomson Reuters I/B/E/S. The Standard & Poor's 500 index rose 4.15 points, or 0.2 percent, to 2,569.13.

Cargill buys Diamond V to expand animal nutrition business
The purchase comprises all of Diamond V's business, including the human health division, Embria Health Sciences. In 2015, Cargill entered the aqua feed sector in a big way, with a €1.5bn deal for Ewos Group.

Lost Sphear story trailer showcases combat, memories, and the moon
A physical package is now available for pre-order exclusively from the Square Enix Online Store for the PS4 and Switch. LOST SPHEAR expands upon numerous beloved features from Tokyo RPG Factory's debut title, I AM SETSUNA .

Cowen and Company Reiterates "Outperform" Rating for Starbucks Corporation (NASDAQ:SBUX)
BidaskClub raised shares of Starbucks Corporation from a sell rating to a hold rating in a research report on Tuesday, August 1st. RBC Capital Markets maintained Starbucks Corporation (NASDAQ: SBUX ) on Friday, July 24 with "Outperform" rating. (NASDAQ:ZBRA).

De Blasio and Cuomo Spar Over Homeless People on the Subway
Governor Andrew Cuomo takes aim at the mayor over the city's growing homeless problem - especially on the subways. Additionally, he stated that allowing the homeless to sleep on trains is not a way of helping them.

FIFA Best Women's Player 2017: Voting Results, Reaction for Lieke Martens' Win
Lionel Messi, Cristiano Ronaldo and Neymar were the three nominees for the men's trophy, which was awarded to Ronaldo on Monday. Rapinoe, who plays for Seattle Reign, said the shortlist is indicative of an organisation that's "old, male and stale".

Arsene Wenger praises Mesut Ozil and Alexis Sanchez after Everton win
Everton's Wayne Rooney scores his side's first goal of the game during the Premier League match at the Goodison Park, Liverpool. Many managers would not have played him after his display at Vicarage Road.

Hackers steal celebrity client data from British cosmetic surgery clinic
The United Kingdom-based paper the Sun recently reported that TV star Katie Price was spotted at London Bridge Plastic Surgery. The Dark Overlord has claimed to be behind high-profile data breaches before when ransom money has been demanded.

Gun deaths, injuries spike almost 70% in California after Nevada gun shows
In the same period after California gun shows, there was no noticeable rise in gun-related deaths or injuries in the state. Transactions at these shows are often subject to less oversight, and many states do not require background checks.

Jimmy Carter says he'd work for Donald Trump
McMaster, Trump's national security adviser, that he was available if needed, but so far the administration hasn't responded. "We voted for (Bernie) Sanders" in the primary, Carter said.

Microsoft previews the Azure Container Service
The company is calling the platform Azure Container Service but is abbreviating it AKS with the K being for Kubernetes. Kubernetes is an open source container orchestration solution that was originally fostered by Google.

Lady Gaga fans voice displeasure at creepy wax figure of the star
Sure, the figure is meant to shock - after all, she's wearing the infamous meat dress Gaga wore to the 2010 MTV VMAs . Sadly, that wasn't the case here, and the 31-year-old's faux figure is being ripped apart on the Internet.

Eminent classical singer Girija Devi dead at 88 in Kolkata
Noted Hindustani classical singer Girija Devi has passed away. "She was brought in a critical condition on Tuesday afternoon. In a message he said: "Deeply saddened by the passing away of the legendary singing queen of Thumri Girija Devi of Varanasi.

Chipotle Gets Burned After Big Q3 Earnings Miss
Fox Run Management L.L.C. acquired a new position in shares of Chipotle Mexican Grill during the 3rd quarter worth $585,000. Chipotle Mexican Grill , Inc (Chipotle), together with its subsidiaries, operates Chipotle Mexican Grill restaurants.