Here’s how analysts see Seacoast Banking Corporation of Florida (NASDAQ:SBCF) after this past week.

May 24, 2018 - By Louis Casey

Investors sentiment decreased to 1.48 in 2017 Q4. Its down 0.12, from 1.6 in 2017Q3. It turned negative, as 8 investors sold Seacoast Banking Corporation of Florida shares while 38 reduced holdings. 26 funds opened positions while 42 raised stakes. 34.32 million shares or 3.56% more from 33.14 million shares in 2017Q3 were reported.
Wells Fargo Company Mn has invested 0% in Seacoast Banking Corporation of Florida (NASDAQ:SBCF). Comml Bank Of Montreal Can has 0% invested in Seacoast Banking Corporation of Florida (NASDAQ:SBCF). Moreover, Fj Cap Mngmt Ltd Liability Company has 2% invested in Seacoast Banking Corporation of Florida (NASDAQ:SBCF). State Of Wisconsin Inv Board holds 0% or 23,000 shares in its portfolio. Wellington Mgmt Gru Ltd Liability Partnership accumulated 461,292 shares or 0% of the stock. Banc Funds Ltd Company holds 877,669 shares. Aqr Capital Management accumulated 47,307 shares. 2,007 were accumulated by Zurcher Kantonalbank (Zurich Cantonalbank). Schwab Charles holds 0% or 219,834 shares. Maltese Management Limited Liability holds 440,040 shares or 0.83% of its portfolio. Moreover, Balyasny Asset Limited Liability Company has 0% invested in Seacoast Banking Corporation of Florida (NASDAQ:SBCF) for 8,673 shares. Royal Bancshares Of Canada accumulated 400 shares. Manufacturers Life Insur The stated it has 0% of its portfolio in Seacoast Banking Corporation of Florida (NASDAQ:SBCF). Globeflex Ltd Partnership reported 0.03% stake. Blackrock Incorporated holds 0% or 3.37 million shares.

Since March 7, 2018, it had 0 insider purchases, and 5 selling transactions for $527,236 activity. On Tuesday, May 15 CROSS CHARLES K JR. sold $51,740 worth of Seacoast Banking Corporation of Florida (NASDAQ:SBCF) or 1,754 shares. Shares for $43,250 were sold by Shaffer Charles M on Tuesday, May 1.

Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Ratings Coverage

Among 5 analysts covering Seacoast Banking Corporation Of Florida (NASDAQ:SBCF), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Seacoast Banking Corporation Of Florida had 9 analyst reports since November 28, 2017 according to SRatingsIntel. The stock of Seacoast Banking Corporation of Florida (NASDAQ:SBCF) earned “Buy” rating by Sandler O’Neill on Thursday, January 11. As per Monday, January 8, the company rating was maintained by SunTrust. The stock of Seacoast Banking Corporation of Florida (NASDAQ:SBCF) earned “Hold” rating by Hovde Group on Friday, January 12. The stock of Seacoast Banking Corporation of Florida (NASDAQ:SBCF) has “Buy” rating given on Tuesday, November 28 by SunTrust. The rating was upgraded by Hovde Group to “Outperform” on Wednesday, February 7. Sandler O’Neill maintained the shares of SBCF in report on Thursday, January 4 with “Hold” rating. On Wednesday, January 3 the stock rating was maintained by Hovde Group with “Hold”. The stock has “Buy” rating by FBR Capital on Friday, January 26. The rating was maintained by Guggenheim on Tuesday, January 30 with “Hold”. Below is a list of Seacoast Banking Corporation of Florida (NASDAQ:SBCF) latest ratings and price target changes.

07/02/2018 Broker: Hovde Group Old Rating: Market Perform New Rating: Outperform Upgrade
30/01/2018 Broker: Guggenheim Rating: Hold New Target: $28.0 Maintain
26/01/2018 Broker: FBR Capital Rating: Buy Maintain
12/01/2018 Broker: Hovde Group Rating: Hold New Target: $30.0 Maintain
11/01/2018 Broker: Sandler O’Neill Rating: Buy Upgrade
08/01/2018 Broker: SunTrust Rating: Buy New Target: $30.0 Maintain
04/01/2018 Broker: Sandler O’Neill Rating: Hold New Target: $27.0 Maintain
03/01/2018 Broker: Hovde Group Rating: Hold New Target: $27.0 Maintain
28/11/2017 Broker: SunTrust Rating: Buy New Target: $29.0 Maintain

The stock increased 0.06% or $0.02 during the last trading session, reaching $31.72. About 216,505 shares traded. Seacoast Banking Corporation of Florida (NASDAQ:SBCF) has risen 12.55% since May 24, 2017 and is uptrending. It has outperformed by 1.00% the S&P500.

Seacoast Banking Corporation of Florida operates as the bank holding firm for Seacoast National Bank that provides community banking services to the commercial, small business, and retail clients in Florida. The company has market cap of $1.49 billion. It offers various transaction and savings deposit products; secured and unsecured loan products, including revolving credit facilities, letters of credit and related financial guarantees, and asset based financing; and securities and annuity products. It has a 32.04 P/E ratio. The firm also provides trust and asset management services to retirement plans, firms, and individuals; treasury management services; brokerage services; and Internet and mobile banking services.

More recent Seacoast Banking Corporation of Florida (NASDAQ:SBCF) news were published by: Globenewswire.com which released: “Report: Exploring Fundamental Drivers Behind Preformed Line Products, Seacoast Banking Corporation of Florida …” on May 04, 2018. Also Seekingalpha.com published the news titled: “Seacoast Banking Corporation of Florida’s (SBCF) CEO Dennis Hudson on Q1 2018 Results – Earnings Call Transcript” on April 27, 2018. Globenewswire.com‘s news article titled: “Seacoast Reports First Quarter 2018 Results” with publication date: April 26, 2018 was also an interesting one.

Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Institutional Positions Chart

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