Oaktree Strategic Income Corpor (OCSI) EPS Estimated At $0.15; Macatawa Bank (MCBC)’s Sentiment Is 1.15

April 17, 2018 - By Michael Collier

Macatawa Bank Corporation (NASDAQ:MCBC) Logo

Macatawa Bank Corp (MCBC) investors sentiment decreased to 1.15 in 2017 Q4. It’s down -1.16, from 2.31 in 2017Q3. The ratio has worsened, as 30 investment managers increased or opened new equity positions, while 26 cut down and sold their holdings in Macatawa Bank Corp. The investment managers in our database now have: 9.14 million shares, up from 8.92 million shares in 2017Q3. Also, the number of investment managers holding Macatawa Bank Corp in top ten equity positions was flat from 0 to 0 for the same number . Sold All: 8 Reduced: 18 Increased: 20 New Position: 10.

Analysts expect Oaktree Strategic Income Corpor (NASDAQ:OCSI) to report $0.15 EPS on May, 8 before the open.They anticipate $0.02 EPS change or 11.76% from last quarter’s $0.17 EPS. OCSI’s profit would be $4.42M giving it 13.15 P/E if the $0.15 EPS is correct. After having $0.15 EPS previously, Oaktree Strategic Income Corpor’s analysts see 0.00% EPS growth. The stock increased 0.25% or $0.02 during the last trading session, reaching $7.89. About 22,897 shares traded. Oaktree Strategic Income Corpor (NASDAQ:OCSI) has 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Elizabeth Park Capital Advisors Ltd. holds 2.13% of its portfolio in Macatawa Bank Corporation for 660,366 shares. Banc Funds Co Llc owns 632,047 shares or 0.29% of their US portfolio. Moreover, Clenar Muke Llc has 0.12% invested in the company for 22,265 shares. The Michigan-based Aspen Investment Management Inc has invested 0.07% in the stock. Chicago Equity Partners Llc, a Illinois-based fund reported 54,415 shares.

It closed at $10.46 lastly. It is down 5.28% since April 17, 2017 and is uptrending. It has underperformed by 6.27% the S&P500.

Macatawa Bank Corporation operates as the bank holding firm for Macatawa Bank that provides commercial and personal banking services primarily in Western Michigan. The company has market cap of $355.83 million. The companyÂ’s deposit products include checking accounts, savings accounts and time deposits, transaction accounts, regular and money market savings accounts, and certificates of deposit. It has a 21.79 P/E ratio. The Company’s loan products portfolio comprises commercial and industrial loans offered to finance activities and equipment; commercial real estate loans primarily comprising construction and development loans, and multi-family and other non-residential real estate loans; retail loans that primarily consist of residential mortgage loans; and consumer loans, including automobile loans, home equity lines of credit and installment loans, home improvement loans, deposit account loans, and other loans for household and personal purposes.

Macatawa Bank Corporation (NASDAQ:MCBC) Institutional Positions Chart

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