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.

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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.

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