First Bank (FRBA) At $14.05 Forms Top; Phocas Financial Has Boosted Diplomat Pharmacy (DPLO) Position

Diplomat Pharmacy, Inc. (NYSE:DPLO) Logo

First Bank (FRBA) formed multiple top with $15.17 target or 8.00% above today’s $14.05 share price. First Bank (FRBA) has $246.13M valuation. The stock decreased 1.06% or $0.15 during the last trading session, reaching $14.05. About 15,278 shares traded. First Bank (NASDAQ:FRBA) has risen 23.91% since May 7, 2017 and is uptrending. It has outperformed by 12.36% the S&P500.

Phocas Financial Corp increased Diplomat Pharmacy Inc (DPLO) stake by 142.91% reported in 2017Q4 SEC filing. Phocas Financial Corp acquired 390,168 shares as Diplomat Pharmacy Inc (DPLO)’s stock declined 0.53%. The Phocas Financial Corp holds 663,187 shares with $13.31 million value, up from 273,019 last quarter. Diplomat Pharmacy Inc now has $1.56 billion valuation. The stock increased 0.24% or $0.05 during the last trading session, reaching $21.09. About 494,998 shares traded. Diplomat Pharmacy, Inc. (NYSE:DPLO) has risen 34.38% since May 7, 2017 and is uptrending. It has outperformed by 22.83% the S&P500.

Investors sentiment increased to 1.89 in Q4 2017. Its up 0.45, from 1.44 in 2017Q3. It improved, as 17 investors sold DPLO shares while 40 reduced holdings. 45 funds opened positions while 63 raised stakes. 47.12 million shares or 4.65% less from 49.42 million shares in 2017Q3 were reported. Connecticut-based Cubist Systematic Strategies has invested 0.01% in Diplomat Pharmacy, Inc. (NYSE:DPLO). Sterling Cap Mngmt Llc owns 0.02% invested in Diplomat Pharmacy, Inc. (NYSE:DPLO) for 110,225 shares. Stifel Corp invested 0% in Diplomat Pharmacy, Inc. (NYSE:DPLO). Trexquant Ltd Partnership holds 0.04% or 16,661 shares in its portfolio. Jpmorgan Chase Com has 1.02M shares. Oppenheimer Asset Management holds 0.02% or 29,079 shares in its portfolio. Alliancebernstein LP reported 0% stake. Jefferies Grp Inc Inc Ltd holds 5,800 shares. Point72 Asset Mgmt Ltd Partnership holds 0.01% or 61,640 shares in its portfolio. Louisiana State Employees Retirement Sys has 0.02% invested in Diplomat Pharmacy, Inc. (NYSE:DPLO). Prudential Fin holds 0% of its portfolio in Diplomat Pharmacy, Inc. (NYSE:DPLO) for 108,089 shares. The Wisconsin-based Convergence Inv Prtn Limited Liability Company has invested 0.24% in Diplomat Pharmacy, Inc. (NYSE:DPLO). Moreover, Paloma Mngmt Comm has 0.01% invested in Diplomat Pharmacy, Inc. (NYSE:DPLO). Price T Rowe Md holds 162,788 shares or 0% of its portfolio. Da Davidson And reported 0.01% stake.

Since March 9, 2018, it had 0 insider purchases, and 1 sale for $44.40 million activity. $44.40 million worth of stock was sold by Hagerman Philip R on Friday, March 9.

Phocas Financial Corp decreased Ferro Corp (NYSE:FOE) stake by 25,697 shares to 609,138 valued at $14.37 million in 2017Q4. It also reduced Atlas Air Worldwide Hlds Inc stake by 7,908 shares and now owns 181,167 shares. Public Storage Inc (NYSE:PSA) was reduced too.

Among 15 analysts covering Diplomat Pharmacy (NYSE:DPLO), 6 have Buy rating, 0 Sell and 9 Hold. Therefore 40% are positive. Diplomat Pharmacy had 45 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of Diplomat Pharmacy, Inc. (NYSE:DPLO) earned “Hold” rating by Mizuho on Tuesday, October 24. On Thursday, October 5 the stock rating was maintained by Needham with “Buy”. The firm has “Mkt Perform” rating by Avondale given on Thursday, November 3. The firm has “Buy” rating by Deutsche Bank given on Friday, March 2. The stock has “Outperform” rating by Robert W. Baird on Monday, September 18. Bank of America maintained the stock with “Neutral” rating in Tuesday, June 7 report. The firm has “Buy” rating given on Tuesday, August 8 by Robert W. Baird. As per Wednesday, November 23, the company rating was downgraded by Credit Suisse. Mizuho maintained Diplomat Pharmacy, Inc. (NYSE:DPLO) rating on Wednesday, May 11. Mizuho has “Neutral” rating and $33 target. The company was upgraded on Thursday, January 25 by Credit Suisse.

Diplomat Pharmacy, Inc. (NYSE:DPLO) Institutional Positions Chart