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

A number of equities analysts have recently commented on the stock. Hovde Group raised shares of First NBC Bank Holding from a “market perform” rating to an “outperform” rating and set a $20.00 price target on the stock in a report on Monday, June 13th. FBR & Co reissued a “marketperform” rating and issued a $23.00 price target on shares of First NBC Bank Holding in a report on Wednesday, March 30th. Zacks Investment Research raised shares of First NBC Bank Holding from a “hold” rating to a “strong-buy” rating and set a $24.00 price target on the stock in a report on Thursday, March 24th. Finally, Keefe, Bruyette & Woods decreased their price target 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 investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $21.75.

The company’s 50-day moving average is $17.43 and its 200-day moving average is $22.80. The firm has a market cap of $362.65 million and a P/E ratio of 5.53.

A number of institutional investors have recently modified their holdings of the stock. Boston Partners increased 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 in the last quarter. OppenheimerFunds Inc. increased 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 in the last quarter. Bank of Montreal Can increased 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 in the last quarter. Dimensional Fund Advisors LP increased its position in shares of First NBC Bank Holding by 34.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 477,821 shares of the financial services provider’s stock valued at $17,866,000 after buying an additional 123,335 shares in the last quarter. Finally, First Trust Advisors LP increased 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 in the last quarter.

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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