First NBC Bank Holding Company (OTCMKTS:FNBC) has been assigned a consensus recommendation of “Hold” from the five ratings firms that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation and four have assigned a hold recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $4.83.

Several equities research analysts have recently commented on FNBC shares. FBR & Co reaffirmed a “market perform” rating and set a $3.50 price target on shares of First NBC Bank Holding Company in a research report on Friday, March 10th. Keefe, Bruyette & Woods restated a “neutral” rating on shares of First NBC Bank Holding Company in a research note on Friday, March 17th. Finally, Zacks Investment Research upgraded First NBC Bank Holding Company from a “sell” rating to a “hold” rating in a research note on Tuesday, March 21st.

Several hedge funds and other institutional investors have recently made changes to their positions in FNBC. Level Four Advisory Services LLC boosted its stake in First NBC Bank Holding Company by 18.0% in the first quarter. Level Four Advisory Services LLC now owns 419,162 shares of the financial services provider’s stock worth $1,488,000 after buying an additional 63,962 shares during the period. Tudor Investment Corp ET AL raised its stake in shares of First NBC Bank Holding Company by 67.8% in the first quarter. Tudor Investment Corp ET AL now owns 61,752 shares of the financial services provider’s stock worth $247,000 after buying an additional 24,952 shares in the last quarter. Finally, Bank of America Corp DE raised its stake in shares of First NBC Bank Holding Company by 103.0% in the first quarter. Bank of America Corp DE now owns 29,767 shares of the financial services provider’s stock worth $119,000 after buying an additional 15,100 shares in the last quarter. Hedge funds and other institutional investors own 73.91% of the company’s stock.

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Shares of First NBC Bank Holding Company (OTCMKTS:FNBC) traded up 0.000% on Tuesday, hitting $0.127. First NBC Bank Holding Company has a 52-week low of $0.09 and a 52-week high of $20.29. The company has a 50 day moving average price of $2.62 and a 200 day moving average price of $5.11.

First NBC Bank Holding Company Company Profile

First NBC Bank Holding Company is a bank holding company. The Company offers a range of financial services through its banking subsidiary, First NBC Bank. The Company operates through community banking segment. It offers financial services to businesses, institutions and individuals in southeastern Louisiana and the Florida panhandle.

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