First Acceptance Corp (NYSE:FAC): Institutional Investor Sentiment Down to 0.45

June 19, 2017 - By Adrian Mccoy

 First Acceptance Corp (NYSE:FAC): Institutional Investor Sentiment Down to 0.45

Sentiment for First Acceptance Corp (NYSE:FAC)

First Acceptance Corp (NYSE:FAC) institutional sentiment decreased to 0.45 in 2016 Q4. Its down -0.15, from 0.6 in 2016Q3. The ratio fall, as 5 funds increased and opened new holdings, while 11 sold and decreased their holdings in First Acceptance Corp. The funds in our partner’s database now have: 8.18 million shares, down from 8.33 million shares in 2016Q3. Also, the number of funds holding First Acceptance Corp in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 4 Reduced: 7 Increased: 4 New Position: 1.

First Acceptance Corporation is a retailer, servicer and underwriter of non-standard personal automobile insurance based in Nashville, Tennessee. The company has market cap of $49.80 million. The Firm operates in two divisions: Insurance, and Real estate and corporate. It currently has negative earnings. The Company’s insurance activities are engaged in selling non-standard personal automobile insurance products and related products in over 20 states.

It is down 10.95% since June 19, 2016 and is downtrending. It has underperformed by 27.65% the S&P500.

Second Curve Capital Llc holds 1.61% of its portfolio in First Acceptance Corporation for 4.10 million shares. First Wilshire Securities Management Inc owns 154,330 shares or 0.05% of their US portfolio. Moreover, Bridgeway Capital Management Inc has 0.01% invested in the company for 430,858 shares. The New York-based Bank Of New York Mellon Corp has invested 0% in the stock. Blackrock Advisors Llc, a Delaware-based fund reported 8,599 shares.#img1#

Since January 1, 0001, it had 2 insider purchases, and 0 selling transactions for $78,565 activity.

More important recent First Acceptance Corporation (NYSE:FAC) news were published by: which released: “AM Best Downgrades Credit Ratings for First Acceptance Corporation and Its …” on November 23, 2016, also published article titled: “First Acceptance Corporation Reports Operating Results for the Three Months …”, published: “First Acceptance Corporation Reports Operating Results for the Quarter and …” on March 14, 2017. More interesting news about First Acceptance Corporation (NYSE:FAC) was released by: and their article: “First Acceptance Corporation Reports Operating Results for the Three and Six …” with publication date: August 19, 2016.

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