Westell Technologies, Inc. (WSTL) Reaches $3.26 Formed H&S; Last Week First Connecticut Bancorp, Inc. (FBNK) Analysts

Westell Technologies, Inc. (NASDAQ:WSTL) Logo

Among 5 analysts covering First Connecticut Bancorp (NASDAQ:FBNK), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. First Connecticut Bancorp had 18 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Wednesday, June 14 by PiperJaffray. The firm has “Hold” rating given on Tuesday, October 3 by Keefe Bruyette & Woods. Keefe Bruyette & Woods maintained First Connecticut Bancorp, Inc. (NASDAQ:FBNK) on Thursday, July 20 with “Hold” rating. Wood downgraded the stock to “Market Perform” rating in Friday, September 4 report. PiperJaffray downgraded the shares of FBNK in report on Wednesday, November 16 to “Neutral” rating. On Wednesday, November 16 the stock rating was downgraded by Piper Jaffray to “Neutral”. The stock of First Connecticut Bancorp, Inc. (NASDAQ:FBNK) earned “Market Perform” rating by Keefe Bruyette & Woods on Friday, September 4. The rating was maintained by Compass Point on Friday, January 29 with “Buy”. As per Wednesday, October 18, the company rating was maintained by Piper Jaffray. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Thursday, October 19. See First Connecticut Bancorp, Inc. (NASDAQ:FBNK) latest ratings:

05/02/2018 Broker: PiperJaffray Old Rating: Neutral New Rating: Overweight Upgrade
21/12/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $29.0 Maintain
19/10/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $28.0 Maintain
18/10/2017 Broker: Piper Jaffray Rating: Hold New Target: $27.0 Maintain

Westell Technologies, Inc. (WSTL) formed H&S with $3.06 target or 6.00% below today’s $3.26 share price. Westell Technologies, Inc. (WSTL) has $50.86M valuation. The stock increased 2.84% or $0.09 during the last trading session, reaching $3.26. About 140,255 shares traded or 173.17% up from the average. Westell Technologies, Inc. (NASDAQ:WSTL) has risen 39.41% since April 9, 2017 and is uptrending. It has outperformed by 27.86% the S&P500.

Investors sentiment increased to 1.44 in 2017 Q4. Its up 0.14, from 1.3 in 2017Q3. It improved, as 12 investors sold First Connecticut Bancorp, Inc. shares while 20 reduced holdings. 11 funds opened positions while 35 raised stakes. 7.63 million shares or 2.96% less from 7.86 million shares in 2017Q3 were reported. Moreover, Schwab Charles Investment Mngmt has 0% invested in First Connecticut Bancorp, Inc. (NASDAQ:FBNK) for 28,939 shares. Rhumbline Advisers accumulated 15,084 shares. Stifel owns 58,914 shares. Wells Fargo Commerce Mn reported 136,614 shares. Bnp Paribas Arbitrage Sa reported 0% in First Connecticut Bancorp, Inc. (NASDAQ:FBNK). Alliancebernstein Limited Partnership holds 0% of its portfolio in First Connecticut Bancorp, Inc. (NASDAQ:FBNK) for 54,991 shares. Polaris Mgmt Limited Liability reported 0.11% stake. 114,742 are owned by National Bank & Trust Of Ny Mellon. Jacobs Levy Equity Mngmt Inc owns 11,135 shares or 0.01% of their US portfolio. State Board Of Administration Of Florida Retirement reported 19,184 shares or 0% of all its holdings. Metropolitan Life Insur Ny has invested 0% in First Connecticut Bancorp, Inc. (NASDAQ:FBNK). Dimensional Fund L P invested in 461,951 shares. Millennium Mngmt Lc owns 92,626 shares. Matarin Cap Mngmt Llc has invested 0.03% in First Connecticut Bancorp, Inc. (NASDAQ:FBNK). Morgan Stanley reported 0% of its portfolio in First Connecticut Bancorp, Inc. (NASDAQ:FBNK).

Since January 29, 2018, it had 3 buys, and 0 sales for $34,382 activity. $9,632 worth of First Connecticut Bancorp, Inc. (NASDAQ:FBNK) was bought by Patrick John J Jr. on Monday, January 29. $2,896 worth of stock was bought by Healey James T Jr on Tuesday, February 6.

First Connecticut Bancorp, Inc. operates as the holding firm for Farmington Bank that provides various consumer and commercial banking services to businesses, individuals, and governments in the United States. The company has market cap of $385.70 million. The firm offers various deposit instruments, including checking, savings, money market savings, and negotiable order of withdrawal accounts, as well as fixed-rate time deposits. It has a 24.85 P/E ratio. It also provides one-to-four family residential real estate loans; commercial real estate loans; construction loans, such as commercial construction loans and real estate subdivision development loans to developers, licensed contractors, and builders for the construction and development of commercial real estate projects and residential properties, as well as loans to individuals and contractors for the construction and acquisition of personal residences; and commercial loans comprising term loans, revolving lines of credit for working capital needs, equipment lines of credit to facilitate the purchase of equipment, and letters of credit.

The stock decreased 2.12% or $0.55 during the last trading session, reaching $25.35. About 14,272 shares traded. First Connecticut Bancorp, Inc. (NASDAQ:FBNK) has risen 7.13% since April 9, 2017 and is uptrending. It has underperformed by 4.42% the S&P500.

First Connecticut Bancorp, Inc. (NASDAQ:FBNK) Institutional Positions Chart