Analysts at KBW Kept the Same their Past ‘”Hold”’ rating on Shares The First Of Long Island Corp (NASDAQ:FLIC), Set a $33.0 TP

April 16, 2018 - By Peter Erickson

Investors sentiment increased to 1.74 in Q4 2017. Its up 0.40, from 1.34 in 2017Q3. It improved, as 1 investors sold The First of Long Island Corporation shares while 26 reduced holdings. 7 funds opened positions while 40 raised stakes. 12.98 million shares or 1.20% more from 12.82 million shares in 2017Q3 were reported.

Tower Llc (Trc) holds 1,261 shares. Ameriprise accumulated 0% or 222,775 shares. Royal National Bank & Trust Of Canada has 2,470 shares. Schwab Charles Inv Mngmt invested in 0% or 122,899 shares. Neuberger Berman Gru Ltd Liability Co holds 0% or 19,022 shares in its portfolio. Ameritas Prtn reported 0% in The First of Long Island Corporation (NASDAQ:FLIC). Bridgeway Cap holds 0.01% or 18,000 shares. State Board Of Administration Of Florida Retirement System reported 11,074 shares or 0% of all its holdings. Highlander Capital Mngmt Ltd accumulated 24,903 shares or 0.52% of the stock. Products Prtn Ltd Liability accumulated 9,300 shares. Swiss Bancorp stated it has 37,450 shares. Wasatch Advisors Inc reported 669,832 shares. Brown Brothers Harriman invested in 0% or 4,473 shares. Bessemer Gru Incorporated holds 8,116 shares or 0% of its portfolio. Steinberg Glob Asset has invested 0.23% in The First of Long Island Corporation (NASDAQ:FLIC).

Since February 9, 2018, it had 0 buys, and 3 insider sales for $202,967 activity. VITTORIO MICHAEL N had sold 3,000 shares worth $82,581. MANFREDONIA DONALD L sold $58,000 worth of stock or 2,000 shares.

The First Of Long Island Corp (NASDAQ:FLIC) Rating Reaffirmed

In analysts report published on Thursday, 21 December, The “Hold” rating of The First Of Long Island Corp (NASDAQ:FLIC) shares was reconfirmed by KBW, who now has a $33.0 target price per share on the stock. KBW’s target price per share suggests a possible upside of 19.78 % from the last stock price of the company.

Investors sentiment increased to 1.74 in Q4 2017. Its up 0.40, from 1.34 in 2017Q3. It improved, as 1 investors sold The First of Long Island Corporation shares while 26 reduced holdings. 7 funds opened positions while 40 raised stakes. 12.98 million shares or 1.20% more from 12.82 million shares in 2017Q3 were reported.

Tower Llc (Trc) holds 1,261 shares. Ameriprise accumulated 0% or 222,775 shares. Royal National Bank & Trust Of Canada has 2,470 shares. Schwab Charles Inv Mngmt invested in 0% or 122,899 shares. Neuberger Berman Gru Ltd Liability Co holds 0% or 19,022 shares in its portfolio. Ameritas Prtn reported 0% in The First of Long Island Corporation (NASDAQ:FLIC). Bridgeway Cap holds 0.01% or 18,000 shares. State Board Of Administration Of Florida Retirement System reported 11,074 shares or 0% of all its holdings. Highlander Capital Mngmt Ltd accumulated 24,903 shares or 0.52% of the stock. Products Prtn Ltd Liability accumulated 9,300 shares. Swiss Bancorp stated it has 37,450 shares. Wasatch Advisors Inc reported 669,832 shares. Brown Brothers Harriman invested in 0% or 4,473 shares. Bessemer Gru Incorporated holds 8,116 shares or 0% of its portfolio. Steinberg Glob Asset has invested 0.23% in The First of Long Island Corporation (NASDAQ:FLIC).

Since February 9, 2018, it had 0 buys, and 3 insider sales for $202,967 activity. VITTORIO MICHAEL N had sold 3,000 shares worth $82,581. MANFREDONIA DONALD L sold $58,000 worth of stock or 2,000 shares.

The First of Long Island Corporation (NASDAQ:FLIC) Ratings Coverage

Among 2 analysts covering The First Of Long Island Corp (NASDAQ:FLIC), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. The First Of Long Island Corp has $33.0 highest and $31.0 lowest target. $32’s average target is 16.15% above currents $27.55 stock price. The First Of Long Island Corp had 3 analyst reports since December 21, 2017 according to SRatingsIntel. Sandler O’Neill maintained the shares of FLIC in report on Wednesday, January 3 with “Buy” rating. Keefe Bruyette & Woods maintained the shares of FLIC in report on Monday, February 26 with “Hold” rating. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Thursday, December 21 report.

The stock increased 0.92% or $0.25 during the last trading session, reaching $27.55. About 10,662 shares traded. The First of Long Island Corporation (NASDAQ:FLIC) has risen 3.58% since April 16, 2017 and is uptrending. It has underperformed by 7.97% the S&P500.

Analysts await The First of Long Island Corporation (NASDAQ:FLIC) to report earnings on May, 7. They expect $0.44 EPS, up 15.79 % or $0.06 from last year’s $0.38 per share. FLIC’s profit will be $11.01 million for 15.65 P/E if the $0.44 EPS becomes a reality. After $0.35 actual EPS reported by The First of Long Island Corporation for the previous quarter, Wall Street now forecasts 25.71 % EPS growth.

The First of Long Island Corporation operates as the holding firm for The First National Bank of Long Island that provides financial services to privately owned businesses, professionals, consumers, public bodies, and other organizations. The company has market cap of $689.26 million. The Company’s deposit products include business and small business checking, personal checking products, savings accounts, negotiable order of withdrawal accounts and IOLA, escrow service accounts, rent security accounts, time deposits, holiday club accounts, and individual retirement accounts, as well as personal and non-personal money market and savings products. It has a 19.27 P/E ratio. The company's loan portfolio comprises commercial and industrial loans, small business credit scored loans, residential and commercial mortgage loans, home equity lines of credit, construction loans, and commercial and standby letters of credit, as well as auto, home improvement, and other consumer loans.

The First of Long Island Corporation (NASDAQ:FLIC) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.