1st Constitution Bancorp (FCCY) Stake Boosted by Vanguard Group Inc

Vanguard Group Inc increased its holdings in 1st Constitution Bancorp (NASDAQ:FCCY) by 1.7% in the 3rd quarter, according to the company in its …

1st Constitution Bancorp logoVanguard Group Inc increased its holdings in 1st Constitution Bancorp (NASDAQ:FCCY) by 1.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 242,328 shares of the financial services provider’s stock after acquiring an additional 3,956 shares during the period. Vanguard Group Inc owned about 2.88% of 1st Constitution Bancorp worth $5,016,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Bessemer Group Inc. lifted its stake in 1st Constitution Bancorp by 86.5% in the third quarter. Bessemer Group Inc. now owns 6,900 shares of the financial services provider’s stock valued at $143,000 after purchasing an additional 3,200 shares during the last quarter. Martingale Asset Management L P purchased a new position in 1st Constitution Bancorp in the third quarter valued at approximately $249,000. Schwab Charles Investment Management Inc. purchased a new position in 1st Constitution Bancorp in the second quarter valued at approximately $321,000. Bank of New York Mellon Corp purchased a new position in 1st Constitution Bancorp in the second quarter valued at approximately $622,000. Finally, Northern Trust Corp lifted its stake in 1st Constitution Bancorp by 475.9% in the second quarter. Northern Trust Corp now owns 73,033 shares of the financial services provider’s stock valued at $1,672,000 after purchasing an additional 60,351 shares during the last quarter. 33.74% of the stock is owned by institutional investors.

Separately, Zacks Investment Research upgraded 1st Constitution Bancorp from a “hold” rating to a “buy” rating and set a $22.00 price objective on the stock in a research note on Monday, January 14th.

In other 1st Constitution Bancorp news, EVP John T. Andreacio sold 1,914 shares of the stock in a transaction on Wednesday, February 6th. The stock was sold at an average price of $19.02, for a total transaction of $36,404.28. Following the sale, the executive vice president now owns 23,625 shares in the company, valued at $449,347.50. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director William M. Rue bought 5,000 shares of the company’s stock in a transaction on Tuesday, November 27th. The shares were bought at an average price of $19.81 per share, for a total transaction of $99,050.00. The disclosure for this purchase can be found here. Corporate insiders own 14.61% of the company’s stock.

Shares of NASDAQ:FCCY traded up $0.19 during trading on Tuesday, hitting $18.57. 237 shares of the company were exchanged, compared to its average volume of 6,600. The company has a market cap of $155.65 million, a P/E ratio of 11.90, a P/E/G ratio of 1.42 and a beta of 0.23. 1st Constitution Bancorp has a 52-week low of $16.45 and a 52-week high of $27.00. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.95 and a quick ratio of 0.94.

1st Constitution Bancorp (NASDAQ:FCCY) last posted its earnings results on Thursday, January 31st. The financial services provider reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.03). The company had revenue of $13.18 million for the quarter, compared to analysts’ expectations of $13.48 million. 1st Constitution Bancorp had a return on equity of 11.26% and a net margin of 20.28%. On average, analysts expect that 1st Constitution Bancorp will post 1.63 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, February 28th. Shareholders of record on Friday, February 15th will be given a dividend of $0.075 per share. The ex-dividend date is Thursday, February 14th. This represents a $0.30 annualized dividend and a dividend yield of 1.62%. 1st Constitution Bancorp’s dividend payout ratio is currently 19.23%.

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1st Constitution Bancorp Company Profile

1st Constitution Bancorp operates as the bank holding company for 1st Constitution Bank that provides commercial and retail banking services in the central and northeastern New Jersey areas. The company offers deposit products, including interest bearing demand deposits, such as interest-bearing checking accounts, money market accounts, and NOW accounts; and non-interest bearing demand, savings, and time deposits, as well as certificates of deposit.

Further Reading: Coverage Ratio

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Institutional Ownership by Quarter for 1st Constitution Bancorp (NASDAQ:FCCY)

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1st Constitution Bancorp (FCCY) Shares Bought by BlackRock Inc.

BlackRock Inc. grew its position in 1st Constitution Bancorp (NASDAQ:FCCY) by 3.3% in the third quarter, according to its most recent Form 13F filing …

1st Constitution Bancorp logoBlackRock Inc. grew its position in 1st Constitution Bancorp (NASDAQ:FCCY) by 3.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 350,650 shares of the financial services provider’s stock after acquiring an additional 11,139 shares during the period. BlackRock Inc. owned 4.18% of 1st Constitution Bancorp worth $7,258,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Renaissance Technologies LLC raised its stake in shares of 1st Constitution Bancorp by 75.7% in the second quarter. Renaissance Technologies LLC now owns 142,000 shares of the financial services provider’s stock valued at $3,252,000 after acquiring an additional 61,200 shares during the last quarter. Northern Trust Corp increased its holdings in shares of 1st Constitution Bancorp by 475.9% in the second quarter. Northern Trust Corp now owns 73,033 shares of the financial services provider’s stock valued at $1,672,000 after purchasing an additional 60,351 shares in the last quarter. Bessemer Group Inc. increased its holdings in shares of 1st Constitution Bancorp by 86.5% in the third quarter. Bessemer Group Inc. now owns 6,900 shares of the financial services provider’s stock valued at $143,000 after purchasing an additional 3,200 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of 1st Constitution Bancorp by 10.1% in the second quarter. Dimensional Fund Advisors LP now owns 192,603 shares of the financial services provider’s stock valued at $4,411,000 after purchasing an additional 17,668 shares in the last quarter. Finally, Bank of New York Mellon Corp acquired a new stake in shares of 1st Constitution Bancorp in the second quarter valued at approximately $622,000. Institutional investors own 33.74% of the company’s stock.

Shares of 1st Constitution Bancorp stock opened at $19.22 on Tuesday. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.95 and a quick ratio of 0.94. The company has a market capitalization of $162.62 million, a P/E ratio of 12.32, a P/E/G ratio of 1.49 and a beta of 0.23. 1st Constitution Bancorp has a fifty-two week low of $16.45 and a fifty-two week high of $27.00.

1st Constitution Bancorp (NASDAQ:FCCY) last issued its quarterly earnings results on Thursday, January 31st. The financial services provider reported $0.38 earnings per share for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.03). The company had revenue of $13.18 million during the quarter, compared to analyst estimates of $13.48 million. 1st Constitution Bancorp had a net margin of 20.28% and a return on equity of 11.26%. Equities analysts predict that 1st Constitution Bancorp will post 1.63 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, February 28th. Investors of record on Friday, February 15th will be issued a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.56%. The ex-dividend date is Thursday, February 14th. 1st Constitution Bancorp’s dividend payout ratio is currently 19.23%.

In related news, Director William M. Rue purchased 5,000 shares of the stock in a transaction that occurred on Tuesday, November 27th. The stock was acquired at an average price of $19.81 per share, with a total value of $99,050.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 14.61% of the company’s stock.

Separately, Zacks Investment Research raised shares of 1st Constitution Bancorp from a “hold” rating to a “buy” rating and set a $22.00 price target for the company in a report on Monday, January 14th.

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1st Constitution Bancorp Company Profile

1st Constitution Bancorp operates as the bank holding company for 1st Constitution Bank that provides commercial and retail banking services in the central and northeastern New Jersey areas. The company offers deposit products, including interest bearing demand deposits, such as interest-bearing checking accounts, money market accounts, and NOW accounts; and non-interest bearing demand, savings, and time deposits, as well as certificates of deposit.

See Also: Do back-end load funds outperform no-load funds?

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Institutional Ownership by Quarter for 1st Constitution Bancorp (NASDAQ:FCCY)

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Granahan Investment Management Upped Teradyne (TER) Stake By $318384; 1ST Constitution …

Some Historical TER News: 24/04/2018 – Teradyne Sees 2Q Rev $490M-$520M; 15/05/2018 – Elliott Management Corporation Buys 2.1% Position in …

Teradyne, Inc. (NASDAQ:TER) Logo

1ST Constitution Bancorp (FCCY) investors sentiment decreased to 1.69 in Q3 2018. It’s down -1.40, from 3.09 in 2018Q2. The ratio has worsened, as 22 active investment managers increased and opened new equity positions, while 13 cut down and sold equity positions in 1ST Constitution Bancorp. The active investment managers in our database now have: 2.61 million shares, down from 5.36 million shares in 2018Q2. Also, the number of active investment managers holding 1ST Constitution Bancorp in top ten equity positions was flat from 0 to 0 for the same number . Sold All: 6 Reduced: 7 Increased: 19 New Position: 3.

Granahan Investment Management Inc increased Teradyne (TER) stake by 12.72% reported in 2018Q3 SEC filing. Granahan Investment Management Inc acquired 8,844 shares as Teradyne (TER)’s stock declined 16.68%. The Granahan Investment Management Inc holds 78,358 shares with $2.90M value, up from 69,514 last quarter. Teradyne now has $5.76B valuation. The stock increased 0.72% or $0.23 during the last trading session, reaching $32.13. About 631,373 shares traded. Teradyne, Inc. (NYSE:TER) has declined 18.44% since January 10, 2018 and is downtrending. It has underperformed by 18.44% the S&P500. Some Historical TER News: 24/04/2018 – Teradyne Sees 2Q Rev $490M-$520M; 15/05/2018 – Elliott Management Corporation Buys 2.1% Position in Teradyne; 24/04/2018 – Teradyne Sees 2Q EPS 39c-EPS 46c; 25/04/2018 – Teradyne, Corning and SK Hynix all said demand for smartphone parts is falling on Tuesday; 24/04/2018 – TERADYNE INC – “DEMAND OUTLOOK FOR 2018 MOBILE DEVICE TEST CAPACITY DECLINED SHARPLY IN QUARTER”; 24/04/2018 – Teradyne Reports Revenue and Earnings Growth in First Quarter 2018; 24/04/2018 – TERADYNE SEES 2Q ADJ EPS 45C TO 52C, EST. 92C; 23/05/2018 – Teradyne Tops VLSIresearch Customer Satisfaction Survey for Sixth Consecutive Year; 24/04/2018 – Teradyne 1Q Rev $487.5M; 25/04/2018 – TERADYNE PURCHASES PRIVATELY HELD MIR OF ODENSE FOR €121M

The stock decreased 0.75% or $0.15 during the last trading session, reaching $19.59. About 1,088 shares traded. 1st Constitution Bancorp (FCCY) has risen 6.74% since January 10, 2018 and is uptrending. It has outperformed by 6.74% the S&P500. Some Historical FCCY News: 21/04/2018 – DJ 1st Constitution Bancorp, Inst Holders, 1Q 2018 (FCCY); 12/04/2018 – 1ST Constitution Bancorp Announces Closing of the Merger of New Jersey Community Bank With and Into 1ST Constitution Bank; 20/04/2018 – 1st Constitution Bancorp 1Q EPS 34c; 22/03/2018 – 1ST Constitution Bancorp and New Jersey Community Bank Announce New Jersey Community Bank Shareholder Approval of the Merger; 19/03/2018 1ST CONSTITUTION BANCORP FILES FOR NON TIMELY 10-K – SEC FILING; 22/03/2018 – 1ST CONSTITUTION BANCORP – MERGER IS EXPECTED TO CLOSE DURING APRIL 2018; 19/03/2018 – 1ST CONSTITUTION BANCORP SAYS CO WAS ABLE TO RESOLVE TECHNICAL ISSUES REGARDING INTERACTIVE DATA FILES AND FILED 2017 FORM 10-K ON MARCH 19, 2018; 19/03/2018 – 1ST CONSTITUTION BANCORP SAYS BECAUSE OF TIMING OF UNEXPECTED TECHNICAL DIFFICULTIES, THE REGISTRANT WAS UNABLE TO FILE 2017 FORM 10-K ON TIME

Since January 1, 0001, it had 3 insider purchases, and 0 sales for $221,057 activity.

Analysts await 1st Constitution Bancorp (NASDAQ:FCCY) to report earnings on February, 1. They expect $0.41 earnings per share, up 36.67% or $0.11 from last year’s $0.3 per share. FCCY’s profit will be $3.45M for 11.95 P/E if the $0.41 EPS becomes a reality. After $0.46 actual earnings per share reported by 1st Constitution Bancorp for the previous quarter, Wall Street now forecasts -10.87% negative EPS growth.

1st Constitution Bancorp operates as the bank holding firm for 1st Constitution Bank that provides commercial and retail banking services in the central and northeastern New Jersey areas. The company has market cap of $164.66 million. The firm offers deposit products, including interest bearing demand deposits, such as interest-bearing checking accounts and money market accounts; and non-interest bearing demand, savings, and time deposits, as well as certificates of deposit. It has a 17.88 P/E ratio. It also provides commercial loans, including term loans, lines of credit, and loans secured by equipment and receivables; secured and unsecured short-to-medium term commercial loans to businesses for working capital, business expansion, and the purchase of equipment and machinery; and construction loans to real estate developers for the acquisition, development, and construction of residential and commercial properties.

Clover Partners L.P. holds 2.63% of its portfolio in 1st Constitution Bancorp for 92,254 shares. Salzhauer Michael owns 119,024 shares or 0.94% of their US portfolio. Moreover, Banc Funds Co Llc has 0.64% invested in the company for 520,987 shares. The New Jersey-based Highlander Capital Management Llc has invested 0.06% in the stock. Bridgeway Capital Management Inc, a Texas-based fund reported 54,483 shares.

More notable recent 1st Constitution Bancorp (NASDAQ:FCCY) news were published by: Nasdaq.com which released: “Wells Fargo Gets Judge’s Nod for $480M Sales Scam Settlement – Nasdaq” on December 20, 2018, also Globenewswire.com with their article: “1ST Constitution Bancorp and New Jersey Community Bank Announce New Jersey Community Bank Shareholder Approval of the Merger – GlobeNewswire” published on March 22, 2018, Globenewswire.com published: “1ST Constitution Bancorp Announces Closing of the Merger of New Jersey Community Bank With and Into 1ST Constitution Bank – GlobeNewswire” on April 12, 2018. More interesting news about 1st Constitution Bancorp (NASDAQ:FCCY) were released by: Zacks.com and their article: “FCCY or CBU: Which Is the Better Value Stock Right Now? – Zacks.com” published on June 19, 2018 as well as Globenewswire.com‘s news article titled: “1st Constitution Bancorp and New Jersey Community Bank Fix Stock Exchange Ratio for Stock Portion of Merger Consideration – GlobeNewswire” with publication date: February 26, 2018.

Among 6 analysts covering Teradyne (NYSE:TER), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. Teradyne had 8 analyst reports since September 25, 2018 according to SRatingsIntel. The stock of Teradyne, Inc. (NASDAQ:TER) has “Buy” rating given on Tuesday, September 25 by Citigroup. The rating was downgraded by Bank of America on Tuesday, November 20 to “Neutral”. The company was upgraded on Thursday, October 25 by Craig Hallum. As per Thursday, October 25, the company rating was maintained by Credit Suisse. Citigroup maintained it with “Buy” rating and $41 target in Monday, December 17 report. The firm has “Neutral” rating by Goldman Sachs given on Thursday, October 18. As per Friday, December 21, the company rating was downgraded by Robert W. Baird. The firm has “Outperform” rating by Robert W. Baird given on Wednesday, October 10.

More recent Teradyne, Inc. (NASDAQ:TER) news were published by: Investorplace.com which released: “7 Tech Stocks That Can Lead a Sector Turnaround – Investorplace.com” on January 09, 2019. Also Globenewswire.com published the news titled: “Teradyne to Transfer Stock Exchange Listing to Nasdaq – GlobeNewswire” on November 14, 2018. 247Wallst.com‘s news article titled: “Top Analyst Upgrades and Downgrades: Apple, Applied Materials, Biogen, CyberArk, Electronic Arts, Marathon, Nike, NXP Semiconductors and More – 24/7 Wall St.” with publication date: December 21, 2018 was also an interesting one.

Investors sentiment increased to 0.92 in Q3 2018. Its up 0.30, from 0.62 in 2018Q2. It increased, as 31 investors sold TER shares while 121 reduced holdings. 55 funds opened positions while 85 raised stakes. 169.38 million shares or 5.94% less from 180.08 million shares in 2018Q2 were reported. One Trading Ltd Partnership accumulated 6,451 shares or 0% of the stock. Gluskin Sheff And Inc reported 77,138 shares stake. Baillie Gifford & Com reported 8.63 million shares or 0.34% of all its holdings. Raymond James Associate holds 0.01% or 104,537 shares. Loomis Sayles And Ltd Partnership holds 434,283 shares. Tarbox Family Office reported 0% of its portfolio in Teradyne, Inc. (NASDAQ:TER). South Dakota Investment Council owns 81,200 shares or 0.07% of their US portfolio. D E Shaw And Inc owns 679,176 shares or 0.03% of their US portfolio. Axa reported 2.56 million shares stake. Mastrapasqua Asset Management reported 0.49% of its portfolio in Teradyne, Inc. (NASDAQ:TER). Parkside State Bank Trust holds 0% or 20 shares. California Employees Retirement invested 0.02% in Teradyne, Inc. (NASDAQ:TER). Wright Investors Inc holds 0.18% in Teradyne, Inc. (NASDAQ:TER) or 13,548 shares. Arizona State Retirement owns 0.05% invested in Teradyne, Inc. (NASDAQ:TER) for 132,380 shares. Northern Trust Corporation, a Illinois-based fund reported 1.52M shares.

Granahan Investment Management Inc decreased Qualys Inc (NASDAQ:QLYS) stake by 52,497 shares to 46,900 valued at $4.18M in 2018Q3. It also reduced Gray Television (NYSE:GTN) stake by 91,948 shares and now owns 490,049 shares. Teladoc was reduced too.

Teradyne, Inc. (NASDAQ:TER) Institutional Positions Chart

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Peoples Financial Services Has Decreased Its Position in Qualcomm Com (QCOM) by $418900 …

Hillsdale Investment Management Inc decreased its stake in 1St Constitution Bancorp (FCCY) by 97.63% based on its latest 2018Q3 regulatory filing …

QUALCOMM Incorporated (NASDAQ:QCOM) Logo

Hillsdale Investment Management Inc decreased its stake in 1St Constitution Bancorp (FCCY) by 97.63% based on its latest 2018Q3 regulatory filing with the SEC. Hillsdale Investment Management Inc sold 33,000 shares as the company’s stock declined 6.79% with the market. The institutional investor held 800 shares of the savings institutions company at the end of 2018Q3, valued at $17,000, down from 33,800 at the end of the previous reported quarter. Hillsdale Investment Management Inc who had been investing in 1St Constitution Bancorp for a number of months, seems to be less bullish one the $162.88 million market cap company. The stock increased 0.78% or $0.15 during the last trading session, reaching $19.38. About 7,225 shares traded. 1st Constitution Bancorp (NASDAQ:FCCY) has risen 6.74% since January 7, 2018 and is uptrending. It has outperformed by 6.74% the S&P500. Some Historical FCCY News: 20/04/2018 – 1st Constitution Bancorp 1Q EPS 34c; 19/03/2018 – 1ST CONSTITUTION BANCORP SAYS CO WAS ABLE TO RESOLVE TECHNICAL ISSUES REGARDING INTERACTIVE DATA FILES AND FILED 2017 FORM 10-K ON MARCH 19, 2018; 19/03/2018 – 1ST CONSTITUTION BANCORP SAYS BECAUSE OF TIMING OF UNEXPECTED TECHNICAL DIFFICULTIES, THE REGISTRANT WAS UNABLE TO FILE 2017 FORM 10-K ON TIME; 21/04/2018 – DJ 1st Constitution Bancorp, Inst Holders, 1Q 2018 (FCCY); 22/03/2018 – 1ST Constitution Bancorp and New Jersey Community Bank Announce New Jersey Community Bank Shareholder Approval of the Merger; 12/04/2018 – 1ST Constitution Bancorp Announces Closing of the Merger of New Jersey Community Bank With and Into 1ST Constitution Bank; 22/03/2018 – 1ST CONSTITUTION BANCORP – MERGER IS EXPECTED TO CLOSE DURING APRIL 2018; 19/03/2018 1ST CONSTITUTION BANCORP FILES FOR NON TIMELY 10-K – SEC FILING

Peoples Financial Services Corp decreased its stake in Qualcomm Inc Com (QCOM) by 46.47% based on its latest 2018Q3 regulatory filing with the SEC. Peoples Financial Services Corp sold 5,900 shares as the company’s stock declined 20.85% with the market. The institutional investor held 6,796 shares of the radio and television broadcasting and communications equipment company at the end of 2018Q3, valued at $489,000, down from 12,696 at the end of the previous reported quarter. Peoples Financial Services Corp who had been investing in Qualcomm Inc Com for a number of months, seems to be less bullish one the $68.61B market cap company. The stock increased 1.62% or $0.9 during the last trading session, reaching $56.6. About 2,968 shares traded. QUALCOMM Incorporated (NASDAQ:QCOM) has declined 12.25% since January 7, 2018 and is downtrending. It has underperformed by 12.25% the S&P500. Some Historical QCOM News: 09/03/2018 – Qualcomm Discontinues Executive Chairman Role; 16/04/2018 – mike buetow: @Qualcomm to refile China antitrust application for $44 billion @NXP takeover; 14/05/2018 – Trump’s comments on China’s ZTE draw security concerns; 09/04/2018 – China’s SenseTime valued at $4.5 bln after $600 mln funding led by Alibaba; 29/05/2018 – QUALCOMM REPORTS EXPIRATION OF CASH OFFERS FOR FOUR SERIES OF N; 29/05/2018 – QUALCOMM – CASH OFFERS EXPIRED ON MAY 25, 2018; 06/03/2018 – Debt challenge awaits Broadcom as it chases Qualcomm tie-up; 05/03/2018 – Qualcomm: Broadcom Claim of Surprise at CFIUS Inquiry ‘Has No Basis in Fact’; 13/03/2018 – Real Time Economics: Inflation in Focus | Trump Kills Qualcomm Deal | U.S. Allies Speak Softly on Trade; 25/04/2018 – QUALCOMM EXECUTIVES SPOKE IN TELEFPHONE INTERVIEW

Investors sentiment decreased to 0.77 in Q3 2018. Its down 0.17, from 0.94 in 2018Q2. It turned negative, as 48 investors sold QCOM shares while 521 reduced holdings. 153 funds opened positions while 285 raised stakes. 1.05 billion shares or 4.81% less from 1.10 billion shares in 2018Q2 were reported. 3,800 were reported by Highland Mgmt L P. Tdam Usa holds 42,743 shares. Mengis Mngmt Inc accumulated 106,161 shares. Ellington holds 0.06% or 3,000 shares in its portfolio. Chicago Equity Prns Ltd Llc holds 0.24% or 112,165 shares in its portfolio. Farmers & Merchants Invs Inc holds 144,046 shares or 0.71% of its portfolio. Sterling Glob Strategies Lc has 3,389 shares. Independent Invsts has 1.05% invested in QUALCOMM Incorporated (NASDAQ:QCOM). Credit Suisse Ag, Switzerland-based fund reported 2.71M shares. Gemmer Asset Management Ltd Co invested in 0.05% or 2,063 shares. Tiaa Cref Inv Ltd Liability invested in 0.21% or 4.55 million shares. Teachers Retirement Sys Of The State Of Kentucky has 0.13% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 146,100 shares. Ipg Investment Advisors Ltd Liability stated it has 189,776 shares. 14,788 are held by Evergreen Mngmt Limited Liability Corp. 29,577 were accumulated by Walter Keenan Fin Consulting Communications Mi Adv.

Since August 27, 2018, it had 0 insider purchases, and 7 insider sales for $8.28 million activity. $347,746 worth of QUALCOMM Incorporated (NASDAQ:QCOM) shares were sold by Rosenberg Donald J. AMON CRISTIANO R had sold 18,323 shares worth $1.10 million on Monday, December 3.

Analysts await QUALCOMM Incorporated (NASDAQ:QCOM) to report earnings on January, 30. They expect $0.91 earnings per share, up 7.06% or $0.06 from last year’s $0.85 per share. QCOM’s profit will be $1.10 billion for 15.55 P/E if the $0.91 EPS becomes a reality. After $0.76 actual earnings per share reported by QUALCOMM Incorporated for the previous quarter, Wall Street now forecasts 19.74% EPS growth.

Among 37 analysts covering Qualcomm Inc. (NASDAQ:QCOM), 16 have Buy rating, 1 Sell and 20 Hold. Therefore 43% are positive. Qualcomm Inc. had 170 analyst reports since July 23, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Monday, June 19 by Deutsche Bank. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) earned “Buy” rating by Northland Capital on Friday, June 23. On Tuesday, October 31 the stock rating was maintained by Mizuho with “Buy”. The company was maintained on Friday, May 18 by RBC Capital Markets. As per Monday, November 13, the company rating was maintained by Bernstein. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) earned “Hold” rating by Charter Equity on Tuesday, February 13. The rating was maintained by Canaccord Genuity with “Buy” on Friday, August 14. The firm has “Buy” rating by Brean Capital given on Thursday, July 23. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) earned “Buy” rating by Canaccord Genuity on Thursday, July 21. Northland Capital maintained the shares of QCOM in report on Tuesday, August 1 with “Hold” rating.

Peoples Financial Services Corp, which manages about $197.86 million US Long portfolio, upped its stake in Amazon Com Inc Com (NASDAQ:AMZN) by 293 shares to 1,338 shares, valued at $2.68M in 2018Q3, according to the filing. It also increased its holding in Johnson & Johnson Com (NYSE:JNJ) by 5,190 shares in the quarter, for a total of 30,668 shares, and has risen its stake in Honeywell Intl Inc Com (NYSE:HON).

More notable recent QUALCOMM Incorporated (NASDAQ:QCOM) news were published by: Nasdaq.com which released: “Forget Broadcom, NXP Semiconductors Is a Better Value Stock – Nasdaq” on January 03, 2019, also Nasdaq.com with their article: “Is QUALCOMM (QCOM) Outperforming Other Computer and Technology Stocks This Year? – Nasdaq” published on January 03, 2019, Nasdaq.com published: “Qualcomm (QCOM) Gains As Market Dips: What You Should Know – Nasdaq” on December 28, 2018. More interesting news about QUALCOMM Incorporated (NASDAQ:QCOM) were released by: Seekingalpha.com and their article: “Qualcomm: Global 5G Unlocked – Seeking Alpha” published on December 13, 2018 as well as Nasdaq.com‘s news article titled: “What Happened in the Stock Market Today – Nasdaq” with publication date: December 10, 2018.

Analysts await 1st Constitution Bancorp (NASDAQ:FCCY) to report earnings on February, 1. They expect $0.41 earnings per share, up 36.67% or $0.11 from last year’s $0.3 per share. FCCY’s profit will be $3.45 million for 11.82 P/E if the $0.41 EPS becomes a reality. After $0.46 actual earnings per share reported by 1st Constitution Bancorp for the previous quarter, Wall Street now forecasts -10.87% negative EPS growth.

Since July 26, 2018, it had 3 buys, and 0 sales for $221,057 activity. PENTA CARMEN M bought $10,898 worth of stock or 500 shares. 5,000 1st Constitution Bancorp (NASDAQ:FCCY) shares with value of $111,121 were bought by AARON JAMES G.

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. Raymond James downgraded the shares of FCCY in report on Thursday, January 7 to “Mkt Perform” rating. Zacks downgraded the shares of FCCY in report on Friday, August 21 to “Hold” rating.

Hillsdale Investment Management Inc, which manages about $1.05B and $762.93M US Long portfolio, upped its stake in Canadian Natl Ry Co Com (NYSE:CNI) by 23,810 shares to 104,855 shares, valued at $9.41M in 2018Q3, according to the filing. It also increased its holding in Encana Corp (NYSE:ECA) by 83,900 shares in the quarter, for a total of 434,100 shares, and has risen its stake in Vermilion Energy Inc Com (NYSE:VET).

More notable recent 1st Constitution Bancorp (NASDAQ:FCCY) news were published by: Globenewswire.com which released: “1ST Constitution Bancorp Announces Changes to Board of Directors – GlobeNewswire” on June 21, 2016, also Nasdaq.com with their article: “Top 10 Stocks Under $20 – Nasdaq” published on January 13, 2017, Globenewswire.com published: “1ST Constitution Bancorp to Acquire New Jersey Community Bank – GlobeNewswire” on November 06, 2017. More interesting news about 1st Constitution Bancorp (NASDAQ:FCCY) were released by: Zacks.com and their article: “FCCY or CBU: Which Is the Better Value Stock Right Now? – Zacks.com” published on June 19, 2018 as well as Globenewswire.com‘s news article titled: “1ST Constitution Bancorp and New Jersey Community Bank Announce New Jersey Community Bank Shareholder Approval of the Merger – GlobeNewswire” with publication date: March 22, 2018.

QUALCOMM Incorporated (NASDAQ:QCOM) Institutional Positions Chart

1st Constitution Bancorp (FCCY) Shares Bought by Renaissance Technologies LLC

Renaissance Technologies LLC lifted its position in shares of 1st Constitution Bancorp (NASDAQ:FCCY) by 75.7% during the second quarter, …

1st Constitution Bancorp logoRenaissance Technologies LLC lifted its position in shares of 1st Constitution Bancorp (NASDAQ:FCCY) by 75.7% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 142,000 shares of the financial services provider’s stock after buying an additional 61,200 shares during the quarter. Renaissance Technologies LLC owned approximately 1.69% of 1st Constitution Bancorp worth $3,252,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in FCCY. Dimensional Fund Advisors LP grew its holdings in shares of 1st Constitution Bancorp by 10.1% in the second quarter. Dimensional Fund Advisors LP now owns 192,603 shares of the financial services provider’s stock valued at $4,411,000 after acquiring an additional 17,668 shares in the last quarter. BlackRock Inc. grew its holdings in shares of 1st Constitution Bancorp by 1,154.0% in the second quarter. BlackRock Inc. now owns 339,511 shares of the financial services provider’s stock valued at $7,775,000 after acquiring an additional 312,436 shares in the last quarter. Schwab Charles Investment Management Inc. bought a new position in shares of 1st Constitution Bancorp in the second quarter valued at approximately $321,000. Bank of New York Mellon Corp bought a new position in shares of 1st Constitution Bancorp in the second quarter valued at approximately $622,000. Finally, Acadian Asset Management LLC grew its holdings in shares of 1st Constitution Bancorp by 436.8% in the second quarter. Acadian Asset Management LLC now owns 40,552 shares of the financial services provider’s stock valued at $928,000 after acquiring an additional 32,998 shares in the last quarter. Institutional investors and hedge funds own 34.82% of the company’s stock.

FCCY stock opened at $19.85 on Monday. The company has a market capitalization of $166.33 million, a PE ratio of 13.41, a price-to-earnings-growth ratio of 1.56 and a beta of 0.41. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.96 and a quick ratio of 0.95. 1st Constitution Bancorp has a 12-month low of $16.15 and a 12-month high of $27.00.

1st Constitution Bancorp (NASDAQ:FCCY) last released its earnings results on Friday, October 19th. The financial services provider reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.07. 1st Constitution Bancorp had a return on equity of 10.96% and a net margin of 16.34%. The company had revenue of $13.55 million during the quarter, compared to analyst estimates of $13.28 million. Analysts anticipate that 1st Constitution Bancorp will post 1.59 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 22nd. Investors of record on Friday, November 9th will be paid a $0.075 dividend. This is an increase from 1st Constitution Bancorp’s previous quarterly dividend of $0.06. The ex-dividend date is Thursday, November 8th. This represents a $0.30 annualized dividend and a yield of 1.51%. 1st Constitution Bancorp’s dividend payout ratio is presently 22.64%.

Several equities analysts have recently issued reports on the company. Zacks Investment Research raised 1st Constitution Bancorp from a “hold” rating to a “strong-buy” rating and set a $23.00 target price for the company in a report on Tuesday, October 23rd. ValuEngine lowered 1st Constitution Bancorp from a “buy” rating to a “hold” rating in a report on Tuesday, August 28th.

1st Constitution Bancorp Profile

1st Constitution Bancorp operates as the bank holding company for 1st Constitution Bank that provides commercial and retail banking services in the central and northeastern New Jersey areas. The company offers deposit products, including interest bearing demand deposits, such as interest-bearing checking accounts, money market accounts, and NOW accounts; and non-interest bearing demand, savings, and time deposits, as well as certificates of deposit.

See Also: S&P 500 Index

Institutional Ownership by Quarter for 1st Constitution Bancorp (NASDAQ:FCCY)

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