Montrusco Bolton Investments Boosted By $648,816 Its Stantec (STN) Position; Profile of 4 Analysts Covering First BanCorp. (FBP)

May 26, 2018 - By Peter Erickson

First BanCorp. (NYSE:FBP) Logo

Among 7 analysts covering First Bancorp (NYSE:FBP), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. First Bancorp had 14 analyst reports since July 27, 2015 according to SRatingsIntel. The firm has “Buy” rating by Piper Jaffray given on Friday, October 6. The firm has “Buy” rating given on Monday, April 30 by Citigroup. The company was maintained on Wednesday, October 14 by Keefe Bruyette & Woods. On Friday, November 10 the stock rating was maintained by Keefe Bruyette & Woods with “Buy”. Guggenheim upgraded the stock to “Buy” rating in Monday, July 27 report. Citigroup initiated First BanCorp. (NYSE:FBP) on Wednesday, February 8 with “Neutral” rating. The rating was downgraded by Merion Capital on Monday, April 30 to “Neutral”. The rating was maintained by Bank of America on Wednesday, November 8 with “Neutral”. The stock of First BanCorp. (NYSE:FBP) has “Buy” rating given on Thursday, December 21 by Citigroup. The stock of First BanCorp. (NYSE:FBP) has “Neutral” rating given on Monday, November 20 by Citigroup. See First BanCorp. (NYSE:FBP) latest ratings:

30/04/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $7 New Target: $9 Maintain
30/04/2018 Broker: Merion Capital Old Rating: Outperform New Rating: Neutral Downgrade
29/01/2018 Broker: Piper Jaffray Rating: Buy New Target: $8.0 Maintain
21/12/2017 Broker: Citigroup Old Rating: Neutral New Rating: Buy Upgrade

Montrusco Bolton Investments Inc increased Stantec Inc (STN) stake by 4.82% reported in 2017Q4 SEC filing. Montrusco Bolton Investments Inc acquired 23,172 shares as Stantec Inc (STN)’s stock declined 12.16%. The Montrusco Bolton Investments Inc holds 503,623 shares with $14.13 million value, up from 480,451 last quarter. Stantec Inc now has $2.86B valuation. The stock decreased 0.98% or $0.25 during the last trading session, reaching $25.25. About 7,469 shares traded. Stantec Inc. (NYSE:STN) has declined 6.02% since May 26, 2017 and is downtrending. It has underperformed by 17.57% the S&P500.

More notable recent Stantec Inc. (NYSE:STN) news were published by: Profitconfidential.com which released: “Stantec Stock: A Play on Global Infrastructure That’s Looking to Break Higher” on May 22, 2018, also Streetinsider.com with their article: “Stantec (STN) Tops Q1 EPS by 7c, Beats on Revenues” published on May 10, 2018, Seekingalpha.com published: “Stantec’s (STN) CEO Gordon Johnston on Q1 2018 Results – Earnings Call Transcript” on May 11, 2018. More interesting news about Stantec Inc. (NYSE:STN) were released by: Businesswire.com and their article: “California Military Department’s Consolidated Headquarters Complex Breaks Ground in Rancho Cordova” published on May 03, 2018 as well as Benzinga.com‘s news article titled: “Earnings Scheduled For May 10, 2018” with publication date: May 10, 2018.

Montrusco Bolton Investments Inc decreased Union Pac Corp (NYSE:UNP) stake by 18,614 shares to 130,559 valued at $17.48 million in 2017Q4. It also reduced Alphabet Inc stake by 8,370 shares and now owns 16,930 shares. Exxon Mobil Corp (NYSE:XOM) was reduced too.

Investors sentiment decreased to 1.05 in Q4 2017. Its down 0.31, from 1.36 in 2017Q3. It dropped, as 9 investors sold STN shares while 30 reduced holdings. 11 funds opened positions while 30 raised stakes. 62.43 million shares or 1.56% more from 61.47 million shares in 2017Q3 were reported. 300 were reported by Riverhead Capital Management Llc. Magnetar Financial Llc holds 0.01% or 15,200 shares in its portfolio. Tiverton Asset Mgmt Limited holds 16,066 shares or 0.03% of its portfolio. Pub Sector Pension Investment Board holds 546,780 shares. 5.19 million were accumulated by Fmr Lc. Fred Alger Management Inc stated it has 0% in Stantec Inc. (NYSE:STN). The Germany-based Deutsche Bancshares Ag has invested 0.01% in Stantec Inc. (NYSE:STN). Legal And General Group Public Limited Com reported 27,454 shares. Fifth Third Commercial Bank reported 0% of its portfolio in Stantec Inc. (NYSE:STN). Morgan Stanley holds 0% or 279,430 shares. Swiss Bancorp has 0.01% invested in Stantec Inc. (NYSE:STN) for 193,670 shares. Montrusco Bolton Invs accumulated 503,623 shares. 61,721 were reported by Seizert Prtn Ltd Limited Liability Company. Wellington Grp Inc Limited Liability Partnership reported 70,188 shares. Gluskin Sheff And Associate stated it has 0.04% of its portfolio in Stantec Inc. (NYSE:STN).

Among 6 analysts covering Stantec (NYSE:STN), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Stantec had 15 analyst reports since July 22, 2015 according to SRatingsIntel. The stock has “Buy” rating by Desjardins Securities on Monday, May 15. On Thursday, April 14 the stock rating was downgraded by DA Davidson to “Neutral”. RBC Capital Markets downgraded the shares of STN in report on Wednesday, July 22 to “Sector Perform” rating. The stock of Stantec Inc. (NYSE:STN) has “Hold” rating given on Friday, October 2 by Canaccord Genuity. Desjardins Securities upgraded Stantec Inc. (NYSE:STN) on Friday, May 12 to “Buy” rating. Scotia Capital maintained Stantec Inc. (NYSE:STN) on Friday, August 7 with “Outperform” rating. On Friday, November 6 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. The stock has “Outperform” rating by National Bank Canada on Wednesday, August 17. The rating was downgraded by Raymond James on Friday, February 26 to “Mkt Perform”. RBC Capital Markets maintained the shares of STN in report on Friday, August 7 with “Sector Perform” rating.

Investors sentiment decreased to 0.99 in 2017 Q4. Its down 1.50, from 2.49 in 2017Q3. It turned negative, as 32 investors sold First BanCorp. shares while 51 reduced holdings. 28 funds opened positions while 54 raised stakes. 191.75 million shares or 0.33% more from 191.13 million shares in 2017Q3 were reported. Guggenheim Ltd Llc has invested 0% in First BanCorp. (NYSE:FBP). Hutchin Hill Capital Ltd Partnership holds 0.81% in First BanCorp. (NYSE:FBP) or 568,029 shares. Comml Bank Of New York Mellon Corporation owns 0% invested in First BanCorp. (NYSE:FBP) for 3.26M shares. Moreover, Jacobs Levy Equity Management Inc has 0.02% invested in First BanCorp. (NYSE:FBP). Hsbc Public Limited Company holds 0% in First BanCorp. (NYSE:FBP) or 15,500 shares. Gsa Ptnrs Llp holds 11,589 shares or 0% of its portfolio. Ny State Common Retirement Fund holds 204,900 shares or 0% of its portfolio. Cibc Asset owns 24,221 shares. Group One Trading L P owns 1,233 shares for 0% of their portfolio. Ellington Group reported 76,900 shares or 0.06% of all its holdings. Barclays Public Ltd Liability Corp accumulated 0% or 611,654 shares. Louisiana State Employees Retirement reported 78,100 shares. 18.47M were reported by Vanguard Group Incorporated. Thrivent Fincl For Lutherans holds 3.53M shares. 71,613 are held by Engineers Gate Manager Lp.

First BanCorp. (NYSE:FBP) Institutional Positions Chart

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