The average one-year price target for First BanCorp. (NYSE:FBP) has been revised to $32.35 / share. This is an increase of 27.95% from the prior estimate of $25.28 dated April 12, 2026.
The price target is an average of many targets provided by analysts. The latest targets range from a low of $24.24 to a high of $71.40 / share. The average price target represents an increase of 33.45% from the latest reported closing price of $24.24 / share.
What is the Fund Sentiment?
There are 297 funds or institutions reporting positions in First BanCorp.. This is an decrease of 348 owner(s) or 53.95% in the last quarter. Average portfolio weight of all funds dedicated to FBP is 0.05%, an increase of 72.34%. Total shares owned by institutions decreased in the last three months by 18.20% to 152,727K shares. 
The put/call ratio of FBP is 0.18, indicating a bullish outlook.
What are Other Shareholders Doing?
American Century Companies holds 6,954K shares representing 4.53% ownership of the company. In its prior filing, the firm reported owning 7,089K shares , representing a decrease of 1.94%. The firm decreased its portfolio allocation in FBP by 8.91% over the last quarter.
Geode Capital Management holds 4,632K shares representing 3.01% ownership of the company. In its prior filing, the firm reported owning 4,663K shares , representing a decrease of 0.66%. The firm decreased its portfolio allocation in FBP by 9.65% over the last quarter.
First Trust Advisors holds 4,334K shares representing 2.82% ownership of the company. In its prior filing, the firm reported owning 4,208K shares , representing an increase of 2.92%. The firm decreased its portfolio allocation in FBP by 5.29% over the last quarter.
Alliancebernstein holds 4,124K shares representing 2.68% ownership of the company. In its prior filing, the firm reported owning 4,599K shares , representing a decrease of 11.52%. The firm decreased its portfolio allocation in FBP by 29.27% over the last quarter.
Price T Rowe Associates holds 3,659K shares representing 2.38% ownership of the company. In its prior filing, the firm reported owning 3,488K shares , representing an increase of 4.69%. The firm decreased its portfolio allocation in FBP by 49.40% over the last quarter.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
