Analysts See $0.48 EPS for Pacific Premier Bancorp, Inc. (PPBI)

September 17, 2017 - By Richard Conner

 Analysts See $0.48 EPS for Pacific Premier Bancorp, Inc. (PPBI)
Investors sentiment increased to 1.24 in 2016 Q4. Its up 0.27, from 0.97 in 2016Q3. It increased, as 8 investors sold Pacific Premier Bancorp, Inc. shares while 41 reduced holdings. 18 funds opened positions while 43 raised stakes. 22.27 million shares or 8.51% more from 20.53 million shares in 2016Q3 were reported.
California State Teachers Retirement has 0% invested in Pacific Premier Bancorp, Inc. (NASDAQ:PPBI). Brown Advisory holds 568,456 shares or 0.07% of its portfolio. Susquehanna Interest Group Inc Ltd Liability Partnership invested in 0% or 71,017 shares. Deutsche Financial Bank Ag has 0.01% invested in Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) for 212,703 shares. Quantum Mgmt Ltd Limited Liability Company Nj holds 279,859 shares. 169,743 are owned by Wells Fargo And Mn. Stieven Capital Limited Partnership has 1.1% invested in Pacific Premier Bancorp, Inc. (NASDAQ:PPBI). Argent Mgmt Ltd Liability Com invested in 120,700 shares. Renaissance Tech Ltd Limited Liability Company invested in 0.01% or 149,800 shares. Fmr Limited Com owns 324,912 shares or 0% of their US portfolio. Diligent Llc holds 316,180 shares. Trexquant Investment L P has invested 0.04% in Pacific Premier Bancorp, Inc. (NASDAQ:PPBI). Next Financial Grp Inc owns 96 shares for 0% of their portfolio. Ig Investment Ltd, Manitoba – Canada-based fund reported 84,000 shares. Zurcher Kantonalbank (Zurich Cantonalbank) has 0% invested in Pacific Premier Bancorp, Inc. (NASDAQ:PPBI).

Since April 28, 2017, it had 3 buys, and 3 insider sales for $819,596 activity. JONES JEFF C had bought 600 shares worth $21,987. Shares for $14,632 were bought by GARRETT JOSEPH L.

Investors wait Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) to report on October, 18. its quarterly earnings Wall Street analysts expect $0.48 EPS, up $0.15 or 45.45 % from last year’s $0.33 same quarter earnings. This translates into $19.17M profit for PPBI giving the stock a 17.99 P/E. This is assuming the current $0.48 EPS is accurate. Pacific Premier Bancorp, Inc.’s Wall Street analysts see -5.88 % negative EPS growth, taking into account the $0.51 EPS reproted in the previous quarter, The stock decreased 0.72% or $0.25 on September 15, reaching $34.55. About 484,291 shares traded or 142.76% up from the average. Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) has risen 45.98% since September 17, 2016 and is uptrending. It has outperformed by 29.28% the S&P500.

Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) Ratings Coverage

Among 7 analysts covering Pacific Premier Bancorp (NASDAQ:PPBI), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Pacific Premier Bancorp had 12 analyst reports since September 28, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Tuesday, July 25 by Stephens. FIG Partners downgraded the stock to “Market Perform” rating in Thursday, July 21 report. DA Davidson maintained Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) rating on Thursday, April 21. DA Davidson has “Buy” rating and $26 target. The firm earned “Outperform” rating on Friday, October 2 by Wood. The firm has “Outperform” rating given on Friday, July 1 by FBR Capital. Piper Jaffray initiated Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) rating on Monday, September 28. Piper Jaffray has “Overweight” rating and $25 target. The firm has “Buy” rating given on Monday, June 26 by Keefe Bruyette & Woods. The firm has “Buy” rating by Piper Jaffray given on Friday, August 18. FBR Capital maintained the stock with “Outperform” rating in Thursday, July 21 report. The company was downgraded on Tuesday, October 11 by FBR Capital.

Pacific Premier Bancorp, Inc. is a bank holding company. The company has market cap of $1.38 billion. The Company’s subsidiary, Pacific Premier Bank , is a California state-chartered commercial bank. It has a 23.88 P/E ratio. The Company’s principal business is attracting deposits from small and middle market businesses and clients and investing those deposits together with funds generated from activities and borrowings, primarily in commercial business loans and various types of commercial real estate (CRE) loans.

More notable recent Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) news were published by: Seekingalpha.com which released: “Pacific Premier Bancorp Seems To Be Living Up To Its Name” on February 10, 2017, also Seekingalpha.com with their article: “Pacific Premier Bancorp’s (PPBI) CEO Steve Gardner on Q2 2017 Results …” published on July 25, 2017, Seekingalpha.com published: “Pacific Premier Bancorp’s (PPBI) CEO Steve Gardner on Q1 2017 Results …” on April 25, 2017. More interesting news about Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) were released by: Seekingalpha.com and their article: “Pacific Premier Bancorp Inc’s (PPBI) CEO Steven Gardner discusses Definitive …” published on December 13, 2016 as well as Seekingalpha.com‘s news article titled: “Pacific Premier Bancorp’s (PPBI) CEO Steve Gardner on Acquires Plaza Bancorp …” with publication date: August 11, 2017.

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