First United Corp (NASDAQ:FUNC) Institutional Investors Sentiment

October 6, 2017 - By Winifred Garcia

 First United Corp (NASDAQ:FUNC) Institutional Investors Sentiment

Sentiment for First United Corp (NASDAQ:FUNC)

First United Corp (NASDAQ:FUNC) institutional sentiment decreased to 0.64 in 2017 Q2. Its down -4.86, from 5.5 in 2017Q1. The ratio turned negative, as 7 investment professionals increased and started new stock positions, while 11 sold and decreased their positions in First United Corp. The investment professionals in our partner’s database reported: 1.69 million shares, down from 3.39 million shares in 2017Q1. Also, the number of investment professionals holding First United Corp in their top 10 stock positions was flat from 1 to 1 for the same number . Sold All: 3 Reduced: 8 Increased: 6 New Position: 1.

First United Corporation is a bank holding company. The company has market cap of $121.21 million. The Company’s primary business is serving as the parent firm of First United Bank & Trust , First United Statutory Trust I, First United Statutory Trust II and First United Statutory Trust III. It has a 17.8 P/E ratio. It operates through community banking segment.

About 171 shares traded. First United Corp (NASDAQ:FUNC) has risen 29.63% since October 6, 2016 and is uptrending. It has outperformed by 12.93% the S&P500.

First United Bank Trust holds 2.09% of its portfolio in First United Corp for 206,658 shares. Second Curve Capital Llc owns 233,882 shares or 1.25% of their US portfolio. Moreover, Gendell Jeffrey L has 0.51% invested in the company for 471,683 shares. The Texas-based Bridgeway Capital Management Inc has invested 0.01% in the stock. Janney Montgomery Scott Llc, a Pennsylvania-based fund reported 33,873 shares.#img1#

Since January 1, 0001, it had 0 insider purchases, and 3 insider sales for $39,043 activity.

Another recent and important First United Corp (NASDAQ:FUNC) news was published by which published an article titled: “First United Corporation Announces Successful Completion Of Rights Offering” on March 20, 2017.

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