First Bancorp (FBNC) News Today

StockNews.com cut First Bancorp from a "hold" rating to a "sell" rating in a research report on Saturday.

Pinnacle Associates Ltd. reduced its position in First Bancorp (NASDAQ:FBNC - Free Report) by 21.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 65,380 shares of the financial services

StockNews.com upgraded First Bancorp from a "sell" rating to a "hold" rating in a research note on Friday.

Peregrine Capital Management LLC raised its stake in shares of First Bancorp (NASDAQ:FBNC - Free Report) by 15.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 210,200 shares of the financial services pro

StockNews.com cut shares of First Bancorp from a "hold" rating to a "sell" rating in a research report on Wednesday.

First Bancorp (NASDAQ:FBNC) Sees Strong Trading Volume

First Bancorp (NASDAQ:FBNC - Get Free Report) saw a large decrease in short interest in the month of July. As of July 31st, there was short interest totalling 993,400 shares, a decrease of 14.4% from the July 15th total of 1,160,000 shares. Based on an average daily volume of 188,200 shares, the days-to-cover ratio is presently 5.3 days.

StockNews.com upgraded First Bancorp from a "sell" rating to a "hold" rating in a research report on Tuesday.

First Bancorp (NASDAQ:FBNC) Reaches New 12-Month High at $45.49

First Bancorp (NASDAQ:FBNC) Sees Strong Trading Volume After Analyst Upgrade

First Bancorp (NASDAQ:FBNC - Get Free Report) posted its quarterly earnings data on Wednesday. The financial services provider reported $0.70 earnings per share for the quarter, topping analysts' consensus estimates of $0.59 by $0.11. The company had revenue of $143.42 million for the quarter, compared to analyst estimates of $94.00 million. First Bancorp had a net margin of 20.58% and a return on equity of 8.62%.

First Bancorp (NASDAQ:FBNC) Shares Gap Up Following Analyst Upgrade

Keefe, Bruyette & Woods raised their price target on First Bancorp from $40.00 to $45.00 and gave the company an "outperform" rating in a research note on Thursday.

First Bancorp (NASDAQ:FBNC) Sets New 12-Month High at $39.64

SageView Advisory Group LLC acquired a new position in First Bancorp (NASDAQ:FBNC - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 25,336 shares of the financial services pro

First Bancorp (NASDAQ:FBNC) Sets New 1-Year High at $38.99

Jennison Associates LLC boosted its position in First Bancorp (NASDAQ:FBNC - Free Report) by 77.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,041,332 shares of the financial services provider's st

Vanguard Group Inc. boosted its position in shares of First Bancorp (NASDAQ:FBNC - Free Report) by 1.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,789,188 shares of the financial se

American National Bank & Trust Co. VA acquired a new position in shares of First Bancorp (NASDAQ:FBNC - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 112,742 shares of the financial se

First Bancorp (NASDAQ:FBNC - Get Free Report) Director Mary Clara Capel sold 1,015 shares of the company's stock in a transaction on Wednesday, June 26th. The stock was sold at an average price of $30.05, for a total value of $30,500.75. Following the sale, the director now owns 11,569 shares of the company's stock, valued at $347,648.45. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

First Bancorp (NASDAQ:FBNC) declared a quarterly dividend on Friday, June 14th. Shareholders of record on Sunday, June 30th will be given a dividend of 0.22 per share by the financial services provider on Thursday, July 25th. This represents a $0.88 annualized dividend and a yield of 2.93%. The ex-dividend date of this dividend is Friday, June 28th.

Westwood Holdings Group Inc. reduced its position in First Bancorp (NASDAQ:FBNC - Free Report) by 8.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,821,399 shares of the financial services provider's st

Hsbc Holdings PLC purchased a new position in shares of First Bancorp (NASDAQ:FBNC - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 314,892 shares of the financial services provider's stock, valued at

Charles Schwab Investment Management Inc. boosted its holdings in First Bancorp (NASDAQ:FBNC - Free Report) by 6.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 426,746 shares of the financial services provider

Franklin Resources Inc. lifted its position in shares of First Bancorp (NASDAQ:FBNC - Free Report) by 91.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,245,024 shares of the financial services provider's stock af

Brown Advisory Inc. lowered its position in shares of First Bancorp (NASDAQ:FBNC - Free Report) by 5.6% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 453,134 shares of the financial services provider's stock after selling 27,090 shares during the period. B