Shares of Flagstar Bancorp Inc (NYSE:FBC) saw unusually-strong trading volume on Friday . Approximately 2,421,981 shares changed hands during mid-day trading, an increase of 794% from the previous session’s volume of 270,786 shares.The stock last traded at $30.72 and had previously closed at $29.23.

A number of research analysts have commented on FBC shares. B. Riley set a $44.00 price objective on Flagstar Bancorp and gave the company a “buy” rating in a research report on Friday, October 12th. Keefe, Bruyette & Woods upgraded Flagstar Bancorp from a “market perform” rating to an “outperform” rating in a research report on Wednesday, June 27th. ValuEngine lowered Flagstar Bancorp from a “hold” rating to a “sell” rating in a research report on Friday, September 14th. Zacks Investment Research lowered Flagstar Bancorp from a “hold” rating to a “sell” rating in a research report on Tuesday, September 25th. Finally, Sandler O’Neill restated a “buy” rating and issued a $41.00 price target on shares of Flagstar Bancorp in a research report on Thursday, July 26th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and eight have issued a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $41.43.

The company has a quick ratio of 0.86, a current ratio of 1.29 and a debt-to-equity ratio of 3.81. The stock has a market capitalization of $1.71 billion, a PE ratio of 12.42 and a beta of 0.99.

Flagstar Bancorp (NYSE:FBC) last posted its quarterly earnings results on Tuesday, July 24th. The savings and loans company reported $0.85 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.84 by $0.01. Flagstar Bancorp had a return on equity of 11.13% and a net margin of 7.31%. The business had revenue of $238.00 million for the quarter, compared to analyst estimates of $243.68 million. Equities analysts forecast that Flagstar Bancorp Inc will post 3.05 EPS for the current year.

In other news, COO Lee Matthew Smith sold 3,000 shares of the firm’s stock in a transaction on Tuesday, September 25th. The stock was sold at an average price of $31.43, for a total value of $94,290.00. Following the transaction, the chief operating officer now directly owns 90,630 shares in the company, valued at approximately $2,848,500.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold a total of 9,000 shares of company stock worth $299,340 over the last 90 days. 62.90% of the stock is owned by corporate insiders.

Several large investors have recently bought and sold shares of FBC. Wells Fargo & Company MN raised its stake in Flagstar Bancorp by 55.9% during the 1st quarter. Wells Fargo & Company MN now owns 72,735 shares of the savings and loans company’s stock worth $2,576,000 after buying an additional 26,067 shares during the period. Schwab Charles Investment Management Inc. raised its stake in Flagstar Bancorp by 3.2% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 105,681 shares of the savings and loans company’s stock worth $3,742,000 after buying an additional 3,305 shares during the period. Northern Trust Corp raised its stake in Flagstar Bancorp by 0.8% during the 1st quarter. Northern Trust Corp now owns 264,856 shares of the savings and loans company’s stock worth $9,376,000 after buying an additional 2,139 shares during the period. JPMorgan Chase & Co. raised its stake in Flagstar Bancorp by 89.8% during the 1st quarter. JPMorgan Chase & Co. now owns 210,160 shares of the savings and loans company’s stock worth $7,440,000 after buying an additional 99,441 shares during the period. Finally, New York State Common Retirement Fund raised its stake in Flagstar Bancorp by 42.6% during the 1st quarter. New York State Common Retirement Fund now owns 33,500 shares of the savings and loans company’s stock worth $1,186,000 after buying an additional 10,000 shares during the period. Institutional investors and hedge funds own 93.77% of the company’s stock.

About Flagstar Bancorp (NYSE:FBC)

Flagstar Bancorp, Inc operates as a savings and loan holding company for Flagstar Bank, FSB that provides commercial, small business, and consumer banking services to individuals and businesses in the United States. Its Community Banking segment offers various products, such as checking accounts, savings accounts, money market accounts, certificates of deposit, consumer and commercial loans, commercial real estate loans, equipment finance and leasing, home builder finance loans, and warehouse lines of credit.

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