First Of Long Island Corp Stock in 2018 Q4 Driven by Institutional Investors

Sentiment for First Of Long Island Corp (NASDAQ:FLIC)

First Of Long Island Corp (NASDAQ:FLIC) institutional sentiment decreased to 0.97 in 2018 Q4. Its down -0.03, from 1 in 2018Q3. The ratio turned negative, as 36 investment professionals opened new or increased holdings, while 37 reduced and sold equity positions in First Of Long Island Corp. The investment professionals in our partner’s database reported: 13.85 million shares, up from 13.66 million shares in 2018Q3. Also, the number of investment professionals holding First Of Long Island Corp in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 6 Reduced: 31 Increased: 25 New Position: 11.

The First of Long Island Corporation operates as the holding firm for The First National Bank of Long Island that provides financial services to privately owned businesses, professionals, consumers, public bodies, and other organizations. The company has market cap of $575.52 million. The Company’s deposit products include business and small business checking, personal checking products, savings accounts, negotiable order of withdrawal accounts and IOLA, escrow service accounts, rent security accounts, time deposits, holiday club accounts, and individual retirement accounts, as well as personal and non-personal money market and savings products. It has a 14.12 P/E ratio. The companyÂ’s loan portfolio comprises commercial and industrial loans, small business credit scored loans, residential and commercial mortgage loans, home equity lines of credit, construction loans, and commercial and standby letters of credit, as well as auto, home improvement, and other consumer loans.

The stock increased 0.18% or $0.04 during the last trading session, reaching $22.88. About 12,452 shares traded. The First of Long Island Corporation (NASDAQ:FLIC) has declined 15.51% since May 8, 2018 and is downtrending. It has underperformed by 19.88% the S&P500.

Analysts await The First of Long Island Corporation (NASDAQ:FLIC) to report earnings on July, 29. They expect $0.43 EPS, up 7.50 % or $0.03 from last year’s $0.4 per share. FLIC’s profit will be $10.82M for 13.30 P/E if the $0.43 EPS becomes a reality. After $0.43 actual EPS reported by The First of Long Island Corporation for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.

Basswood Capital Management L.L.C. holds 0.57% of its portfolio in The First of Long Island Corporation for 488,568 shares. Cutler Capital Management Llc owns 47,496 shares or 0.43% of their US portfolio. Moreover, Banc Funds Co Llc has 0.39% invested in the company for 264,475 shares. The New York-based Maltese Capital Management Llc has invested 0.38% in the stock. United Asset Strategies Inc., a New York-based fund reported 60,277 shares.

Since January 1, 0001, it had 1 buying transaction, and 2 sales for $123,297 activity.

More notable recent The First of Long Island Corporation (NASDAQ:FLIC) news were published by: Bizjournals.com which released: “Nielsen’s ratings tampering case against Bubba the Love Sponge gets new trial date – Tampa Bay Business Journal” on June 15, 2018, also Globenewswire.com with their article: “The First of Long Island Corporation Announces an Increase in Its Stock Repurchase Program – GlobeNewswire” published on April 18, 2019, Bizjournals.com published: “Facebook tops list of best places to work – The Business Journals” on December 05, 2017. More interesting news about The First of Long Island Corporation (NASDAQ:FLIC) were released by: Finance.Yahoo.com and their article: “Latest on Musk’s quest to take Tesla private – Yahoo Finance” published on August 13, 2018 as well as Finance.Yahoo.com‘s news article titled: “Saudi ban on Boeing MAX flights to continue for near future: minister – Yahoo News” with publication date: April 01, 2019.

The First of Long Island Corporation (NASDAQ:FLIC) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.