First Financial Bankshares, Inc. (FFIN) Just Reaches All Time High?

April 25, 2018 - By Marry Poplack

First Financial Bankshares, Inc. (NASDAQ:FFIN) Logo

Investors sentiment decreased to 1.11 in Q4 2017. Its down 0.46, from 1.57 in 2017Q3. It is negative, as 13 investors sold First Financial Bankshares, Inc. shares while 48 reduced holdings. 23 funds opened positions while 45 raised stakes. 34.46 million shares or 1.61% more from 33.92 million shares in 2017Q3 were reported.
State Of Alaska Department Of Revenue reported 13,176 shares stake. Geode Capital Ltd Liability Corporation reported 0.01% in First Financial Bankshares, Inc. (NASDAQ:FFIN). Thrivent Fin For Lutherans accumulated 41,039 shares. Riverhead Cap Management Llc reported 4,727 shares. Pnc Financial Svcs Gp accumulated 1,036 shares. 20,280 are owned by Emerald Mutual Fund Advisers Tru. Moreover, King Luther Cap Mngmt has 0.1% invested in First Financial Bankshares, Inc. (NASDAQ:FFIN) for 259,455 shares. Sg Americas Securities Limited Liability Co has invested 0.01% in First Financial Bankshares, Inc. (NASDAQ:FFIN). American Century Companies holds 66,447 shares. Acadian Asset Llc holds 0% of its portfolio in First Financial Bankshares, Inc. (NASDAQ:FFIN) for 404 shares. Stifel Fin Corp, a Missouri-based fund reported 26,387 shares. Proshare Advsrs Ltd Com holds 0.01% or 21,081 shares in its portfolio. Cap Advisers Llc accumulated 11,180 shares or 0% of the stock. The Maryland-based Price T Rowe Inc Md has invested 0% in First Financial Bankshares, Inc. (NASDAQ:FFIN). Champlain Investment Partners invested 0.39% in First Financial Bankshares, Inc. (NASDAQ:FFIN).

Since January 30, 2018, it had 2 insider buys, and 1 insider sale for $206,897 activity. $35,596 worth of First Financial Bankshares, Inc. (NASDAQ:FFIN) was bought by TROTTER JOHNNY.

The stock of First Financial Bankshares, Inc. (NASDAQ:FFIN) reached all time high today, Apr, 25 and still has $53.29 target or 5.00 % above today’s $50.75 share price. This indicates more upside for the $3.43 billion company. This technical setup was reported by Barchart.com. If the $53.29 PT is reached, the company will be worth $171.55 million more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events.

The stock increased 0.69% or $0.35 during the last trading session, reaching $50.75. About 153,075 shares traded. First Financial Bankshares, Inc. (NASDAQ:FFIN) has risen 19.22% since April 25, 2017 and is uptrending. It has outperformed by 7.67% the S&P500.

First Financial Bankshares, Inc. (NASDAQ:FFIN) Ratings Coverage

Among 6 analysts covering First Financial Bankshares (NASDAQ:FFIN), 0 have Buy rating, 1 Sell and 5 Hold. Therefore 0 are positive. First Financial Bankshares had 12 analyst reports since December 21, 2017 according to SRatingsIntel. The company was maintained on Monday, January 8 by SunTrust. The rating was maintained by Stephens with “Hold” on Tuesday, January 30. The company was maintained on Monday, January 29 by Piper Jaffray. Sandler O’Neill maintained First Financial Bankshares, Inc. (NASDAQ:FFIN) on Friday, January 26 with “Sell” rating. The stock has “Hold” rating by Hovde Group on Monday, January 29. The firm has “Hold” rating given on Thursday, January 25 by Keefe Bruyette & Woods. The company was maintained on Monday, April 23 by Stephens. Sandler O’Neill maintained it with “Sell” rating and $4100 target in Friday, April 20 report. SunTrust maintained First Financial Bankshares, Inc. (NASDAQ:FFIN) on Monday, April 23 with “Hold” rating. The company was maintained on Monday, February 26 by Keefe Bruyette & Woods.

First Financial Bankshares, Inc., through its subsidiaries, provides commercial banking services and products primarily in Texas. The company has market cap of $3.43 billion. The firm accepts checking, savings, and time deposits; and offers real estate, commercial, agricultural, and consumer loans to businesses, professionals, individuals, and farm and ranch operations. It has a 28.04 P/E ratio. It also provides automated teller machines, drive-in and night deposit, safe deposit facilities, remote deposit capture, Internet banking, mobile banking, payroll cards, funds transmitting, and other customary commercial banking services.

First Financial Bankshares, Inc. (NASDAQ:FFIN) Institutional Positions Chart

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