Flagstar Bancorp Inc 2018 Q4 Institutional Investor Sentiment Better Than Expected

Flagstar Bancorp, Inc. (NYSE:FBC) Logo

Sentiment for Flagstar Bancorp Inc (NYSE:FBC)

Flagstar Bancorp Inc (NYSE:FBC) institutional sentiment increased to 1.25 in 2018 Q4. Its up 0.08, from 1.17 in 2018Q3. The ratio has increased, as 70 funds opened new and increased stock positions, while 56 sold and trimmed stock positions in Flagstar Bancorp Inc. The funds in our partner’s database now have: 56.58 million shares, up from 54.52 million shares in 2018Q3. Also, the number of funds holding Flagstar Bancorp Inc in their top 10 stock positions was flat from 2 to 2 for the same number . Sold All: 26 Reduced: 30 Increased: 36 New Position: 34.

Flagstar Bancorp, Inc. operates as a savings and loan holding firm for Flagstar Bank, FSB that provides commercial, small business, and consumer banking services to individuals and businesses in the United States. The company has market cap of $1.83 billion. The Company’s Community Banking segment offers various products, such as checking accounts, savings accounts, money market accounts, certificates of deposit, consumer and commercial loans, home builder finance loans, and warehouse lines of credit. It has a 10.1 P/E ratio. It also provides other financial services to consumer and commercial customers, including lines of credit; revolving credit; treasury management solutions; equipment leasing; inventory and accounts receivable lending; and capital markets services comprising interest rate risk protection products.

The stock decreased 0.28% or $0.09 during the last trading session, reaching $32.41. About 347,154 shares traded. Flagstar Bancorp, Inc. (NYSE:FBC) has declined 6.62% since March 17, 2018 and is downtrending. It has underperformed by 10.99% the S&P500.

Analysts await Flagstar Bancorp, Inc. (NYSE:FBC) to report earnings on April, 23. They expect $0.63 EPS, up 5.00 % or $0.03 from last year’s $0.6 per share. FBC’s profit will be $35.55M for 12.86 P/E if the $0.63 EPS becomes a reality. After $0.72 actual EPS reported by Flagstar Bancorp, Inc. for the previous quarter, Wall Street now forecasts -12.50 % negative EPS growth.

Mp (Thrift) Global Advisers Iii Llc holds 100% of its portfolio in Flagstar Bancorp, Inc. for 27.60 million shares. Ejf Capital Llc owns 1.36 million shares or 4.19% of their US portfolio. Moreover, Goldentree Asset Management Lp has 3.59% invested in the company for 862,600 shares. The Missouri-based Piermont Capital Management Inc. has invested 0.99% in the stock. Basswood Capital Management L.L.C., a New York-based fund reported 611,616 shares.

More notable recent Flagstar Bancorp, Inc. (NYSE:FBC) news were published by: Investorplace.com which released: “9 Small-Cap Stocks to Sell Before It’s Too Late – Investorplace.com” on September 10, 2018, also Fool.com with their article: “Puxin Limited (NEW) Q4 2018 Earnings Conference Call Transcript – The Motley Fool” published on March 08, 2019, Prnewswire.com published: “Flagstar Announces Fourth Quarter 2018 Earnings Call – PRNewswire” on December 10, 2018. More interesting news about Flagstar Bancorp, Inc. (NYSE:FBC) were released by: Seekingalpha.com and their article: “Flagstar Bancorp, Inc. (FBC) CEO Sandro DiNello on Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” published on January 22, 2019 as well as Seekingalpha.com‘s news article titled: “Flagstar Bancorp Inc.’s (FBC) Flagstar Bank to Acquire 52 Branches and $2.3 Billion in Deposits from Wells Fargo Bank (Transcript) – Seeking Alpha” with publication date: June 06, 2018.

Flagstar Bancorp, Inc. (NYSE:FBC) Institutional Positions Chart

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