Republic First Bancorp, Inc. (FRBK) Rises A lot Today, Is Now One of The Best Performer

September 17, 2017 - By Ellis Scott

Investors sentiment increased to 4.38 in 2016 Q4. Its up 2.46, from 1.92 in 2016Q3. It increased, as 7 investors sold Republic First Bancorp, Inc. shares while 6 reduced holdings. 23 funds opened positions while 34 raised stakes. 54.91 million shares or 249.73% more from 15.70 million shares in 2016Q3 were reported.
Moreover, Bridgeway Cap Mngmt Inc has 0% invested in Republic First Bancorp, Inc. (NASDAQ:FRBK). Wells Fargo Mn holds 0% or 34,650 shares in its portfolio. 1.61 million are owned by Blackrock Fund Advsr. Manufacturers Life Insur The owns 29,541 shares. State Street holds 0% or 693,145 shares. Architects accumulated 10,000 shares. Banc Funds Limited Company invested in 2.54M shares. North Carolina-based Natl Bank Of America Corporation De has invested 0% in Republic First Bancorp, Inc. (NASDAQ:FRBK). California State Teachers Retirement System holds 0% or 103,624 shares in its portfolio. 20,131 are held by Millennium Mgmt Ltd Liability Company. Meeder Asset Incorporated holds 0% of its portfolio in Republic First Bancorp, Inc. (NASDAQ:FRBK) for 2,200 shares. Blackrock Invest Mgmt Ltd owns 180,846 shares. Bankshares Of Mellon Corporation owns 198,247 shares or 0% of their US portfolio. Royal Retail Bank Of Canada invested 0% of its portfolio in Republic First Bancorp, Inc. (NASDAQ:FRBK). Tower Rech Limited Com (Trc) invested in 0% or 631 shares.

The stock of Republic First Bancorp, Inc. (NASDAQ:FRBK) is a huge mover today! The stock increased 5.88% or $0.5 on September 15, reaching $9. About 318,666 shares traded or 185.12% up from the average. Republic First Bancorp, Inc. (NASDAQ:FRBK) has risen 95.56% since September 17, 2016 and is uptrending. It has outperformed by 78.86% the S&P500.
The move comes after 5 months positive chart setup for the $512.74 million company. It was reported on Sep, 17 by Barchart.com. We have $9.36 PT which if reached, will make NASDAQ:FRBK worth $20.51M more.

Republic First Bancorp, Inc. (NASDAQ:FRBK) Ratings Coverage

Among 3 analysts covering Republic First Bancorp (NASDAQ:FRBK), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. Republic First Bancorp had 5 analyst reports since August 20, 2015 according to SRatingsIntel. The firm has “Hold” rating by Keefe Bruyette & Woods given on Thursday, June 1. Keefe Bruyette & Woods maintained Republic First Bancorp, Inc. (NASDAQ:FRBK) on Friday, July 21 with “Hold” rating. KBW initiated Republic First Bancorp, Inc. (NASDAQ:FRBK) on Thursday, August 20 with “Market Perform” rating. On Thursday, August 20 the stock rating was initiated by Bruyette & Woods” with “Mkt Perform”.

More important recent Republic First Bancorp, Inc. (NASDAQ:FRBK) news were published by: Prnewswire.com which released: “Republic First Bancorp, Inc. Announces Completion Of $100 Million Common Stock …” on December 05, 2016, also Prnewswire.com published article titled: “SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Republic …”, Prnewswire.com published: “National Italian American Foundation Honors Vernon and Shirley Hill” on March 31, 2017. More interesting news about Republic First Bancorp, Inc. (NASDAQ:FRBK) was released by: Prnewswire.com and their article: “Republic First Bancorp, Inc. Adds Lisa R. Jacobs to Board of Directors” with publication date: March 06, 2017.

Republic First Bancorp, Inc. is a holding firm for Republic First Bank , which does business under the name Republic Bank. The company has market cap of $512.74 million. The Company’s community banking segment encompasses the commercial loan and deposit activities of Republic, as well as consumer loan products in the areas surrounding its store network. It has a 66.84 P/E ratio. The Firm offers a range of banking services and products, including consumer and commercial deposit accounts, checking accounts, interest-bearing demand accounts, money market accounts, certificates of deposit, savings accounts, sweep accounts, lockbox services and individual retirement accounts (and other traditional banking services), secured and unsecured commercial loans, real estate loans, construction and land development loans, automobile loans, home improvement loans, mortgages, home equity and overdraft lines of credit, and other products.

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