Today’s Stock Alert: Could First Financial Bankshares Inc Lose Strenght? The Stock Increases A Lot Today

Today's Stock Alert: Could First Financial Bankshares Inc Lose Strenght? The Stock Increases A Lot Today

The stock of First Financial Bankshares Inc (NASDAQ:FFIN) is a huge mover today! About 275,662 shares traded hands or 67.21% up from the average. First Financial Bankshares Inc (NASDAQ:FFIN) has risen 38.15% since April 8, 2016 and is uptrending. It has outperformed by 32.50% the S&P500.
The move comes after 7 months positive chart setup for the $2.92B company. It was reported on Nov, 10 by Barchart.com. We have $51.91 PT which if reached, will make NASDAQ:FFIN worth $730.00 million more.

First Financial Bankshares Inc (NASDAQ:FFIN) Ratings Coverage

Out of 5 analysts covering First Financial Bankshares (NASDAQ:FFIN), 0 rate it a “Buy”, 1 “Sell”, while 4 “Hold”. This means 0 are positive. First Financial Bankshares has been the topic of 6 analyst reports since July 17, 2015 according to StockzIntelligence Inc. The company was maintained on Friday, October 23 by Macquarie Research. The firm has “Sell” rating by Sandler O’Neill given on Friday, January 29.

According to Zacks Investment Research, “FIRST FINL BANKSHARES, INC. is a registered multi-bank holding company.”

Insitutional Activity: The institutional sentiment decreased to 1.25 in 2016 Q2. Its down 0.02, from 1.27 in 2016Q1. The ratio dropped, as 9 funds sold all First Financial Bankshares Inc shares owned while 35 reduced positions. 8 funds bought stakes while 47 increased positions. They now own 30.08 million shares or 1.19% less from 30.44 million shares in 2016Q1.
Moreover, South Texas Money Mngmt Ltd has 0.03% invested in First Financial Bankshares Inc (NASDAQ:FFIN) for 16,388 shares. Rhumbline Advisers holds 114,733 shares or 0.01% of its portfolio. California Employees Retirement Sys accumulated 0.01% or 148,700 shares. Victory Mgmt Inc holds 0% of its portfolio in First Financial Bankshares Inc (NASDAQ:FFIN) for 3,135 shares. Royal National Bank & Trust Of Canada accumulated 0% or 215,756 shares. Ameriprise has 0.01% invested in the company for 319,952 shares. Nationwide Fund Advsrs last reported 0.01% of its portfolio in the stock. Voya Investment last reported 31,463 shares in the company. Louisiana State Employees Retirement Sys holds 0.05% or 29,300 shares in its portfolio. Tci Wealth Advsrs, a Arizona-based fund reported 328 shares. Century reported 577,936 shares or 0.02% of all its holdings. Pacad Invest, a British Columbia – Canada-based fund reported 34,500 shares. Bokf Na has 0.01% invested in the company for 10,441 shares. The Massachusetts-based Geode Cap Limited Liability has invested 0.01% in First Financial Bankshares Inc (NASDAQ:FFIN). Fca Tx holds 0.12% or 6,900 shares in its portfolio.

More important recent First Financial Bankshares Inc (NASDAQ:FFIN) news were published by: Prnewswire.com which released: “First Financial Bankshares Completes Acquisition Of First Bank, N.A.” on July 31, 2015, also Prnewswire.com published article titled: “First Financial Bankshares Names Swearengin President Of Stephenville Region …”, Prnewswire.com published: “First Technology Services, Inc. Promotes Jeff Casey To Executive Vice …” on September 07, 2016. More interesting news about First Financial Bankshares Inc (NASDAQ:FFIN) was released by: Prnewswire.com and their article: “First Financial Bank Announces Opening Of New Fort Worth Location At Forest …” with publication date: June 02, 2016.

FFIN Company Profile

First Financial Bankshares, Inc., incorporated on March 30, 1956, is a financial holding company. The Company, through its subsidiaries, conducts commercial banking business. The Company’s subsidiaries include First Financial Bank, National Association, Abilene, Texas; First Technology Services, Inc., Abilene, Texas; First Financial Trust & Asset Management Company, National Association, Abilene, Texas; First Financial Investments, Inc., Abilene, Texas, and First Financial Insurance Agency, Inc., Abilene, Texas. The Company’s banking centers are located in Central, North Central, Southeast and West Texas. The Firm has approximately 70 financial centers across Texas, with over 10 locations in Abilene, approximately three locations in San Angelo and Weatherford, over two locations in Cleburne, Conroe, Huntsville, Stephenville and Granbury, and one location each in Acton, Albany, Aledo, Alvarado, Beaumont, Boyd, Bridgeport, Brock, Burleson, Cisco, Clyde, Cut and Shoot, Decatur, Eastland, Fort Worth, Glen Rose, Grapevine, Hereford, Keller, Magnolia, Mauriceville, Merkel, Midlothian, Mineral Wells, Montgomery, Moran, New Waverly, Newton, Odessa, Orange, Port Arthur, Ranger, Rising Star, Roby, Southlake, Sweetwater, Tomball, Trent, Trophy Club, Vidor, Waxahachie, Willis and Willow Park.

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