Shares of First NBC Bank Holding Co. (NASDAQ:FNBC) were up 4% during mid-day trading on Monday . The stock traded as high as $18.06 and last traded at $18.06, with a volume of 70,676 shares traded. The stock had previously closed at $17.37.

Several analysts have issued reports on FNBC shares. Hovde Group dropped their price target on shares of First NBC Bank Holding from $27.00 to $21.00 and set a “market perform” rating on the stock in a research report on Thursday, March 17th. Zacks Investment Research upgraded shares of First NBC Bank Holding from a “hold” rating to a “strong-buy” rating and set a $24.00 price objective on the stock in a report on Thursday, March 24th. FBR & Co started coverage on shares of First NBC Bank Holding in a report on Thursday, March 31st. They issued a “market perform” rating and a $23.00 price objective on the stock. Finally, Keefe, Bruyette & Woods decreased their price objective on shares of First NBC Bank Holding from $35.00 to $20.00 and set a “market perform” rating on the stock in a report on Tuesday, June 14th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $21.75.

The company’s 50-day moving average is $17.40 and its 200-day moving average is $23.19. The firm has a market cap of $353.12 million and a price-to-earnings ratio of 5.38.

Other hedge funds have bought and sold shares of the company. California State Teachers Retirement System boosted its position in shares of First NBC Bank Holding by 1.4% in the fourth quarter. California State Teachers Retirement System now owns 28,250 shares of the financial services provider’s stock valued at $1,056,000 after buying an additional 400 shares during the period. Bank of Montreal Can boosted its position in shares of First NBC Bank Holding by 28.7% in the fourth quarter. Bank of Montreal Can now owns 38,854 shares of the financial services provider’s stock valued at $1,453,000 after buying an additional 8,658 shares during the period. First Trust Advisors LP boosted its position in shares of First NBC Bank Holding by 371.2% in the fourth quarter. First Trust Advisors LP now owns 56,284 shares of the financial services provider’s stock valued at $2,104,000 after buying an additional 44,340 shares during the period. Boston Partners boosted its position in shares of First NBC Bank Holding by 3.2% in the fourth quarter. Boston Partners now owns 117,317 shares of the financial services provider’s stock valued at $4,386,000 after buying an additional 3,644 shares during the period. Finally, OppenheimerFunds Inc. boosted its position in shares of First NBC Bank Holding by 0.7% in the fourth quarter. OppenheimerFunds Inc. now owns 395,767 shares of the financial services provider’s stock valued at $14,797,000 after buying an additional 2,749 shares during the period.

First NBC Bank Holding Company is a bank holding company. The Company offers a range of financial services through its wholly owned banking subsidiary, First NBC Bank. It serves its customers located in the Central Business District of New Orleans and the Mississippi Gulf Coast. The Company’s primary focus is on commercial real estate and commercial lending.

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