First Bancorp Ownership
| FBP Stock | USD 20.68 0.27 1.29% |
Shares in Circulation | First Issued 2009-03-31 | Previous Quarter 166 M | Current Value 164 M | Avarage Shares Outstanding 171.3 M | Quarterly Volatility 74.5 M |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
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First Stock Ownership Analysis
About 97.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.99. Some equities with similar Price to Book (P/B) outperform the market in the long run. First Bancorp has Price/Earnings To Growth (PEG) ratio of 0.86. The entity last dividend was issued on the 29th of November 2024. The firm had 1:15 split on the 7th of January 2011. First BanCorp. operates as a bank holding company for FirstBank Puerto Rico that provides various financial services for retail, commercial, and institutional clients. First BanCorp. was founded in 1948 and is headquartered in San Juan, Puerto Rico. First Bancorp operates under BanksRegional classification in the United States and is traded on New York Stock Exchange. It employs 3075 people. To learn more about First Bancorp call Aurelio AlemnBermudez at 787 729 8200 or check out https://www.1firstbank.com.Besides selling stocks to institutional investors, First Bancorp also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different First Bancorp's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align First Bancorp's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
First Bancorp Quarterly Liabilities And Stockholders Equity |
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First Bancorp Insider Trades History
Only 1.77% of First Bancorp are currently held by insiders. Unlike First Bancorp's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against First Bancorp's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of First Bancorp's insider trades
First Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as First Bancorp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading First Bancorp backward and forwards among themselves. First Bancorp's institutional investor refers to the entity that pools money to purchase First Bancorp's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | First Trust Advisors L.p. | 2024-06-30 | 3 M | Northern Trust Corp | 2024-09-30 | 2.4 M | Jpmorgan Chase & Co | 2024-06-30 | 2.3 M | Arrowstreet Capital Limited Partnership | 2024-06-30 | 2.1 M | Schroder Investment Management Group | 2024-06-30 | 1.8 M | Bank Of America Corp | 2024-06-30 | 1.8 M | Charles Schwab Investment Management Inc | 2024-09-30 | 1.8 M | Norges Bank | 2024-06-30 | 1.7 M | Lsv Asset Management | 2024-09-30 | 1.6 M | Blackrock Inc | 2024-06-30 | 24.1 M | Vanguard Group Inc | 2024-09-30 | 21.4 M |
First Bancorp Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific First Bancorp insiders, such as employees or executives, is commonly permitted as long as it does not rely on First Bancorp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases First Bancorp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
First Bancorp Outstanding Bonds
First Bancorp issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. First Bancorp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most First bonds can be classified according to their maturity, which is the date when First Bancorp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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First Bancorp Corporate Filings
F4 | 26th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10Q | 8th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 23rd of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 3rd of July 2024 An amendment to a previously filed Form 8-K | ViewVerify |
Pair Trading with First Bancorp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Bancorp will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to First Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Bancorp to buy it.
The correlation of First Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for First Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for First Stock Analysis
When running First Bancorp's price analysis, check to measure First Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Bancorp is operating at the current time. Most of First Bancorp's value examination focuses on studying past and present price action to predict the probability of First Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Bancorp's price. Additionally, you may evaluate how the addition of First Bancorp to your portfolios can decrease your overall portfolio volatility.