Reaffirmed: Flagstar Bancorp (NYSE:FBC) Buy Rating Reconfirmed by B.Riley FBR; $42.0 Target in Place

April 20, 2018 - By Henry Gaston

Flagstar Bancorp, Inc. (NYSE:FBC) Logo

Investors sentiment decreased to 0.91 in 2017 Q4. Its down 0.17, from 1.08 in 2017Q3. It dropped, as 13 investors sold Flagstar Bancorp, Inc. shares while 44 reduced holdings. 16 funds opened positions while 36 raised stakes. 55.63 million shares or 0.29% less from 55.79 million shares in 2017Q3 were reported.

Acadian Asset Mngmt Ltd Liability Corp reported 0.01% of its portfolio in Flagstar Bancorp, Inc. (NYSE:FBC). First Manhattan holds 0% of its portfolio in Flagstar Bancorp, Inc. (NYSE:FBC) for 730 shares. Dimensional Fund Advsrs Limited Partnership owns 3.48M shares. 7,823 are held by Teacher Retirement Sys Of Texas. Manufacturers Life Insur The holds 0% or 16,782 shares in its portfolio. Axa holds 17,200 shares. Schneider Capital Mngmt, a Pennsylvania-based fund reported 11,463 shares. Blair William Company Il holds 0.02% or 87,900 shares in its portfolio. Virginia Retirement Systems Et Al reported 19,900 shares stake. Strs Ohio holds 0% in Flagstar Bancorp, Inc. (NYSE:FBC) or 22,000 shares. Parametric Port Associates Lc reported 89,888 shares or 0% of all its holdings. Zacks Invest Management owns 0.02% invested in Flagstar Bancorp, Inc. (NYSE:FBC) for 29,434 shares. 7,500 were reported by Macquarie Limited. Ameritas Inv Prns Incorporated reported 1,712 shares or 0% of all its holdings. Renaissance Technology Limited Liability Com holds 662,012 shares or 0.03% of its portfolio.

Flagstar Bancorp (NYSE:FBC) Rating Reaffirmed

In analysts note sent to clients and investors this morning, B.Riley FBR reconfirmed their Buy rating on Flagstar Bancorp (NYSE:FBC) shares. The target price per share gives a possible upside of 25.90 % from firm’s last stock close price.

Investors sentiment decreased to 0.91 in 2017 Q4. Its down 0.17, from 1.08 in 2017Q3. It dropped, as 13 investors sold Flagstar Bancorp, Inc. shares while 44 reduced holdings. 16 funds opened positions while 36 raised stakes. 55.63 million shares or 0.29% less from 55.79 million shares in 2017Q3 were reported.

Acadian Asset Mngmt Ltd Liability Corp reported 0.01% of its portfolio in Flagstar Bancorp, Inc. (NYSE:FBC). First Manhattan holds 0% of its portfolio in Flagstar Bancorp, Inc. (NYSE:FBC) for 730 shares. Dimensional Fund Advsrs Limited Partnership owns 3.48M shares. 7,823 are held by Teacher Retirement Sys Of Texas. Manufacturers Life Insur The holds 0% or 16,782 shares in its portfolio. Axa holds 17,200 shares. Schneider Capital Mngmt, a Pennsylvania-based fund reported 11,463 shares. Blair William Company Il holds 0.02% or 87,900 shares in its portfolio. Virginia Retirement Systems Et Al reported 19,900 shares stake. Strs Ohio holds 0% in Flagstar Bancorp, Inc. (NYSE:FBC) or 22,000 shares. Parametric Port Associates Lc reported 89,888 shares or 0% of all its holdings. Zacks Invest Management owns 0.02% invested in Flagstar Bancorp, Inc. (NYSE:FBC) for 29,434 shares. 7,500 were reported by Macquarie Limited. Ameritas Inv Prns Incorporated reported 1,712 shares or 0% of all its holdings. Renaissance Technology Limited Liability Com holds 662,012 shares or 0.03% of its portfolio.

Flagstar Bancorp, Inc. (NYSE:FBC) Ratings Coverage

Among 5 analysts covering Flagstar Bancorp (NYSE:FBC), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Flagstar Bancorp has $44.0 highest and $40 lowest target. $41.60’s average target is 24.70% above currents $33.36 stock price. Flagstar Bancorp had 10 analyst reports since October 25, 2017 according to SRatingsIntel. On Thursday, April 12 the stock rating was maintained by Wedbush with “Outperform”. The stock of Flagstar Bancorp, Inc. (NYSE:FBC) has “Buy” rating given on Wednesday, January 24 by FBR Capital. The stock has “Buy” rating by FBR Capital on Wednesday, February 21. Piper Jaffray maintained the shares of FBC in report on Tuesday, January 23 with “Buy” rating. The stock of Flagstar Bancorp, Inc. (NYSE:FBC) has “Buy” rating given on Wednesday, December 27 by Boenning & Scattergood. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Thursday, December 21. The company was maintained on Tuesday, November 14 by FBR Capital. The stock of Flagstar Bancorp, Inc. (NYSE:FBC) has “Buy” rating given on Wednesday, December 27 by FBR Capital. The firm has “Buy” rating given on Friday, April 6 by Piper Jaffray.

The stock increased 0.06% or $0.02 during the last trading session, reaching $33.36. About 136,130 shares traded. Flagstar Bancorp, Inc. (NYSE:FBC) has risen 29.09% since April 20, 2017 and is uptrending. It has outperformed by 17.54% the S&P500.

Analysts await Flagstar Bancorp, Inc. (NYSE:FBC) to report earnings on April, 24 before the open. They expect $0.52 earnings per share, up 13.04 % or $0.06 from last year’s $0.46 per share. FBC’s profit will be $29.83 million for 16.04 P/E if the $0.52 EPS becomes a reality. After $0.60 actual earnings per share reported by Flagstar Bancorp, Inc. for the previous quarter, Wall Street now forecasts -13.33 % negative EPS growth.

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 $1.91 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 30.61 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.

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

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