How Analysts Feel About First Interstate Bancsystem Inc (NASDAQ:FIBK)?

August 11, 2017 - By Dolores Ford

 How Analysts Feel About First Interstate Bancsystem Inc (NASDAQ:FIBK)?
Investors sentiment increased to 1.18 in Q4 2016. Its up 0.01, from 1.17 in 2016Q3. It increased, as 4 investors sold First Interstate Bancsystem Inc shares while 52 reduced holdings. 27 funds opened positions while 39 raised stakes. 16.95 million shares or 14.00% more from 14.87 million shares in 2016Q3 were reported.
11,973 are held by Blackrock Advsr Ltd Co. Evercore Wealth Mngmt Ltd Liability reported 2,000 shares stake. D E Shaw holds 7,794 shares or 0% of its portfolio. holds 11,333 shares or 0% of its portfolio. Credit Suisse Ag owns 19,499 shares. 4,540 were reported by Victory Cap Incorporated. Lpl Fincl Llc holds 20,730 shares or 0.01% of its portfolio. Systematic Mngmt Limited Partnership reported 41,120 shares. 467,900 are held by Renaissance Ltd Liability Com. Natl Asset Management reported 20,500 shares stake. Rhumbline Advisers holds 0% of its portfolio in First Interstate Bancsystem Inc (NASDAQ:FIBK) for 40,142 shares. Connor Clark Lunn Invest Management Limited stated it has 0.01% of its portfolio in First Interstate Bancsystem Inc (NASDAQ:FIBK). Moreover, Goldman Sachs Gru Incorporated has 0% invested in First Interstate Bancsystem Inc (NASDAQ:FIBK). Citigroup holds 34,882 shares. First Interstate Bank & Trust has invested 0.79% in First Interstate Bancsystem Inc (NASDAQ:FIBK).

Since February 27, 2017, it had 0 insider purchases, and 3 sales for $45,961 activity. Gaglia Philip G also sold $4,310 worth of First Interstate Bancsystem Inc (NASDAQ:FIBK) shares. On Friday, May 26 the insider GUENTHNER KEVIN sold $28,832.

First Interstate Bancsystem Inc (NASDAQ:FIBK) Ratings Coverage

Among 7 analysts covering First Interstate Bancsystem (NASDAQ:FIBK), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. First Interstate Bancsystem had 11 analyst reports since July 22, 2015 according to SRatingsIntel. The company was upgraded on Monday, November 21 by Sandler O’Neill. The stock has “Buy” rating by Sandler O’Neill on Wednesday, July 22. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Friday, May 26 report. FIG Partners downgraded First Interstate Bancsystem Inc (NASDAQ:FIBK) on Wednesday, July 27 to “Market Perform” rating. The stock of First Interstate Bancsystem Inc (NASDAQ:FIBK) has “Overweight” rating given on Thursday, July 30 by Piper Jaffray. Piper Jaffray maintained the shares of FIBK in report on Monday, July 10 with “Buy” rating. The company was upgraded on Tuesday, February 9 by FIG Partners. The firm has “Overweight” rating given on Tuesday, June 13 by Barclays Capital. The stock of First Interstate Bancsystem Inc (NASDAQ:FIBK) has “Market Perform” rating given on Wednesday, April 27 by Wood. Below is a list of First Interstate Bancsystem Inc (NASDAQ:FIBK) latest ratings and price target changes.

10/07/2017 Broker: Piper Jaffray Rating: Buy New Target: $44.0000 Maintain
13/06/2017 Broker: Barclays Capital Old Rating: Overweight New Rating: Overweight New Target: $41 Maintain
26/05/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $43.0000 Maintain

About 322,349 shares traded or 68.01% up from the average. First Interstate Bancsystem Inc (NASDAQ:FIBK) has risen 30.22% since August 11, 2016 and is uptrending. It has outperformed by 13.52% the S&P500.

First Interstate BancSystem, Inc. is a financial and bank holding company. The company has market cap of $1.60 billion. The Company, through its bank subsidiary First Interstate Bank , delivers a range of banking services and products to individuals, businesses, municipalities and other entities. It has a 17.05 P/E ratio. The Firm also, through its subsidiary Bank of the Cascades, offers full-service community banking through 46 branches in Oregon, Idaho and Washington.

More notable recent First Interstate Bancsystem Inc (NASDAQ:FIBK) news were published by: Seekingalpha.com which released: “First Interstate Bancsystem’s (FIBK) CEO Kevin Riley on Q4 2016 Results …” on January 27, 2017, also Prnewswire.com with their article: “Shareholders Approve Merger of Cascade Bancorp with and into First Interstate …” published on May 25, 2017, Nasdaq.com published: “First Interstate BancSystem, Inc. (FIBK) Ex-Dividend Date Scheduled for July …” on July 28, 2017. More interesting news about First Interstate Bancsystem Inc (NASDAQ:FIBK) were released by: Nasdaq.com and their article: “First Interstate BancSystem About To Put More Money In Your Pocket (FIBK)” published on July 27, 2017 as well as Businesswire.com‘s news article titled: “First Interstate BancSystem, Inc. Receives BBB+ Credit Rating” with publication date: July 24, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.