South State Trimmed Stifel Financial (SF) Stake By $398,132; Ameris Bancorp (ABCB) Had 6 Bulls

April 20, 2018 - By Nellie Frank

Ameris Bancorp (NASDAQ:ABCB) Logo

Among 10 analysts covering Ameris Bancorp (NASDAQ:ABCB), 6 have Buy rating, 0 Sell and 4 Hold. Therefore 60% are positive. Ameris Bancorp had 28 analyst reports since August 14, 2015 according to SRatingsIntel. The firm has “Hold” rating by Keefe Bruyette & Woods given on Thursday, October 19. SunTrust maintained the shares of ABCB in report on Monday, January 8 with “Buy” rating. The stock has “Buy” rating by SunTrust on Friday, November 17. The firm earned “Neutral” rating on Thursday, October 5 by PiperJaffray. The company was maintained on Friday, August 14 by Wood. The company was maintained on Monday, October 23 by Piper Jaffray. The company was maintained on Friday, July 21 by Piper Jaffray. Keefe Bruyette & Woods maintained Ameris Bancorp (NASDAQ:ABCB) on Monday, February 26 with “Buy” rating. The rating was maintained by Stephens with “Buy” on Friday, July 21. The stock of Ameris Bancorp (NASDAQ:ABCB) earned “Hold” rating by Zacks on Monday, August 24. See Ameris Bancorp (NASDAQ:ABCB) latest ratings:

26/02/2018 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $64.0 Maintain
01/02/2018 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $63.0 Maintain
30/01/2018 Broker: Piper Jaffray Rating: Hold New Target: $58.0 Maintain
29/01/2018 Broker: Sandler O’Neill Rating: Hold New Target: $57.0 Maintain
08/01/2018 Broker: SunTrust Rating: Buy New Target: $59.0 Maintain
21/12/2017 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $62.0 Maintain
28/11/2017 Broker: SunTrust Rating: Buy New Target: $57.0 Maintain
20/11/2017 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $57.0 Upgrade
20/11/2017 Broker: Wood Old Rating: Market Perform New Rating: Outperform Upgrade
17/11/2017 Broker: SunTrust Rating: Buy New Target: $55.0 Maintain

South State Corp decreased Stifel Financial Corporation (SF) stake by 44% reported in 2017Q4 SEC filing. South State Corp sold 6,748 shares as Stifel Financial Corporation (SF)’s stock declined 5.87%. The South State Corp holds 8,590 shares with $512,000 value, down from 15,338 last quarter. Stifel Financial Corporation now has $4.23B valuation. The stock decreased 0.49% or $0.29 during the last trading session, reaching $58.88. About 104,711 shares traded. Stifel Financial Corp. (NYSE:SF) has risen 20.31% since April 20, 2017 and is uptrending. It has outperformed by 8.76% the S&P500.

Analysts await Stifel Financial Corp. (NYSE:SF) to report earnings on May, 7. They expect $1.00 EPS, up 35.14% or $0.26 from last year’s $0.74 per share. SF’s profit will be $71.86 million for 14.72 P/E if the $1.00 EPS becomes a reality. After $1.47 actual EPS reported by Stifel Financial Corp. for the previous quarter, Wall Street now forecasts -31.97% negative EPS growth.

Among 9 analysts covering Stifel Financial Corp. (NYSE:SF), 4 have Buy rating, 1 Sell and 4 Hold. Therefore 44% are positive. Stifel Financial Corp. had 23 analyst reports since August 12, 2015 according to SRatingsIntel. The rating was downgraded by Zacks to “Buy” on Tuesday, September 1. As per Monday, March 20, the company rating was downgraded by Goldman Sachs. Nomura upgraded the stock to “Buy” rating in Wednesday, January 3 report. As per Monday, November 28, the company rating was downgraded by Macquarie Research. The stock of Stifel Financial Corp. (NYSE:SF) earned “Buy” rating by Nomura on Monday, July 11. As per Tuesday, September 22, the company rating was upgraded by Zacks. The firm has “Neutral” rating given on Tuesday, May 23 by Nomura. Credit Suisse downgraded the shares of SF in report on Monday, February 22 to “Underperform” rating. On Monday, April 4 the stock rating was maintained by Nomura with “Buy”. The firm has “Buy” rating by Goldman Sachs given on Monday, January 8.

South State Corp increased Costco Whsl Corp New (NASDAQ:COST) stake by 2,880 shares to 51,813 valued at $9.64 million in 2017Q4. It also upped Pfizer Inc (NYSE:PFE) stake by 15,093 shares and now owns 246,834 shares. Energy Transfer Equity Lp (NYSE:ETE) was raised too.

Investors sentiment increased to 1.18 in Q4 2017. Its up 0.33, from 0.85 in 2017Q3. It increased, as 14 investors sold SF shares while 84 reduced holdings. 49 funds opened positions while 67 raised stakes. 59.56 million shares or 0.28% less from 59.72 million shares in 2017Q3 were reported. 13,900 are owned by Virginia Retirement Et Al. Barclays Public Ltd Company holds 48,197 shares or 0% of its portfolio. Tower Rech Capital Ltd (Trc) reported 1,560 shares or 0.01% of all its holdings. 36,943 were reported by Ahl Prtn Limited Liability Partnership. Century Companies has invested 0.01% of its portfolio in Stifel Financial Corp. (NYSE:SF). Acadian Asset Mngmt Ltd reported 0% stake. Shelton Mngmt invested 0.02% in Stifel Financial Corp. (NYSE:SF). Bartlett And Limited Co stated it has 300 shares or 0% of all its holdings. Parametric Limited Liability Corporation reported 118,659 shares. Ww Asset holds 4,080 shares or 0.01% of its portfolio. Bowling Port Management Lc reported 0.06% of its portfolio in Stifel Financial Corp. (NYSE:SF). Columbus Circle Invsts reported 114,360 shares. Cubist Systematic Strategies Ltd Liability owns 0.01% invested in Stifel Financial Corp. (NYSE:SF) for 3,835 shares. Arizona State Retirement Sys has invested 0.03% in Stifel Financial Corp. (NYSE:SF). Regions Finance owns 12,389 shares for 0.01% of their portfolio.

Since March 5, 2018, it had 0 buys, and 1 insider sale for $570,460 activity. 9,012 shares valued at $570,460 were sold by Plotkin Ben A on Monday, March 5.

Ameris Bancorp operates as the holding firm for Ameris Bank that provides banking services to retail and commercial clients primarily in Georgia, Alabama, Florida, and South Carolina. The company has market cap of $2.01 billion. The firm operates through four divisions: Banking Division, Retail Mortgage Division, Warehouse Lending Division, and SBA Division. It has a 26.49 P/E ratio. It offers commercial and retail checking accounts, regular interest-bearing savings accounts, money market accounts, individual retirement accounts, and certificates of deposit.

Since December 13, 2017, it had 0 insider purchases, and 6 sales for $3.28 million activity. HORTMAN EDWIN W JR also sold $574,900 worth of Ameris Bancorp (NASDAQ:ABCB) shares. Another trade for 15,035 shares valued at $701,006 was sold by LaHaise James A. Another trade for 5,000 shares valued at $274,059 was sold by Zember Dennis J JR. The insider Bassett Lawton E III sold 823 shares worth $43,741.

Stifel Financial Corp. (NYSE:SF) Institutional Positions Chart

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