$0.31 EPS Expected for 1st Constitution Bancorp (FCCY)

September 24, 2017 – By Max Morgan

Investors sentiment decreased to 0.73 in 2017 Q2. Its down 3.27, from 4 in 2017Q1. It is negative, as 3 investors sold 1st Constitution Bancorp shares while 8 reduced holdings. 2 funds opened positions while 6 raised stakes. 1.97 million shares or 47.55% less from 3.76 million shares in 2017Q1 were reported.
Salzhauer Michael, New York-based fund reported 105,254 shares. 11,951 are held by Northern Trust. Lsv Asset Management holds 24,700 shares or 0% of its portfolio. The Oklahoma-based Pinnacle Ltd has invested 0% in 1st Constitution Bancorp (NASDAQ:FCCY). California Public Employees Retirement owns 13,703 shares. Tower Rech Capital Ltd Liability Corp (Trc) stated it has 57 shares or 0% of all its holdings. Blackrock Inc invested in 13,761 shares. Moreover, Emerald Mutual Fund Advisers Trust has 0.06% invested in 1st Constitution Bancorp (NASDAQ:FCCY). Highlander Cap Management Limited Liability holds 0.07% in 1st Constitution Bancorp (NASDAQ:FCCY) or 5,193 shares. Hightower Advisors Ltd Company has 17,100 shares. Clover Prns Limited Partnership holds 82,695 shares or 0.5% of its portfolio. Geode Capital Mgmt Lc holds 46,592 shares or 0% of its portfolio. Commonwealth Equity Ser holds 28,405 shares or 0% of its portfolio. Elizabeth Park Advsr Ltd has 31,858 shares for 0.22% of their portfolio. Jpmorgan Chase Com stated it has 0% of its portfolio in 1st Constitution Bancorp (NASDAQ:FCCY).

Analysts await 1st Constitution Bancorp (NASDAQ:FCCY) to report earnings on October, 20. They expect $0.31 earnings per share, down 6.06 % or $0.02 from last year’s $0.33 per share. FCCY’s profit will be $2.49M for 14.92 P/E if the $0.31 EPS becomes a reality. After $0.23 actual earnings per share reported by 1st Constitution Bancorp for the previous quarter, Wall Street now forecasts 34.78 % EPS growth. The stock increased 1.65% or $0.3 on September 22, reaching $18.5. About 5,066 shares traded. 1st Constitution Bancorp (NASDAQ:FCCY) has risen 36.29% since September 25, 2016 and is uptrending. It has outperformed by 19.59% the S&P500.

1st Constitution Bancorp (NASDAQ:FCCY) Ratings Coverage

Among 2 analysts covering 1st Constitution Bancorp (NASDAQ:FCCY), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. 1st Constitution Bancorp had 3 analyst reports since August 21, 2015 according to SRatingsIntel. The stock of 1st Constitution Bancorp (NASDAQ:FCCY) earned “Hold” rating by Zacks on Friday, August 21. The stock has “Mkt Perform” rating by Raymond James on Thursday, January 7.

1st Constitution Bancorp is the bank holding firm for 1st Constitution Bank . The company has market cap of $148.85 million. The Bank is a commercial bank, which is engaged in the business of commercial and retail banking. It has a 17.71 P/E ratio. The Firm operates through the Community Banking segment.

More news for 1st Constitution Bancorp (NASDAQ:FCCY) were recently published by: Marketwired.com, which released: “1ST Constitution Bancorp and Rumson-Fair Haven Bank and Trust Company Announce …” on January 22, 2014. Globenewswire.com‘s article titled: “1ST Constitution Bancorp Announces Changes to Board of Directors” and published on June 21, 2016 is yet another important article.