EPS for Atlantic Coast Financial Corporation (ACFC) Expected At $0.08

January 22, 2018 - By Michael Collier

 EPS for Atlantic Coast Financial Corporation (ACFC) Expected At $0.08
Investors sentiment increased to 3 in 2017 Q3. Its up 2.08, from 0.92 in 2017Q2. It increased, as 3 investors sold Atlantic Coast Financial Corporation shares while 3 reduced holdings. 9 funds opened positions while 9 raised stakes. 8.70 million shares or 15.47% more from 7.54 million shares in 2017Q2 were reported.
State Street holds 0% or 111,326 shares in its portfolio. Virtu Finance Limited Co holds 15,117 shares or 0% of its portfolio. Victory Cap Management Inc reported 3,362 shares. Salem Counselors holds 107,400 shares. Salzhauer Michael holds 0.7% or 186,180 shares in its portfolio. Nationwide Fund reported 235 shares. Pl Lc invested in 1.01M shares or 2.3% of the stock. Emerald Mutual Fund Advisers Tru has 0.08% invested in Atlantic Coast Financial Corporation (NASDAQ:ACFC) for 225,594 shares. Jpmorgan Chase & has invested 0% of its portfolio in Atlantic Coast Financial Corporation (NASDAQ:ACFC). Vanguard Gp accumulated 430,249 shares. Mufg Americas holds 0% or 361 shares in its portfolio. Alliancebernstein Lp holds 127,210 shares. Blackrock Inc has 56,669 shares for 0% of their portfolio. Rmb Mgmt Llc accumulated 835,547 shares. Bridgeway Mngmt has invested 0.01% in Atlantic Coast Financial Corporation (NASDAQ:ACFC).

Analysts expect Atlantic Coast Financial Corporation (NASDAQ:ACFC) to report $0.08 EPS on January, 23.They anticipate $0.03 EPS change or 27.27 % from last quarter’s $0.11 EPS. ACFC’s profit would be $1.24M giving it 32.34 P/E if the $0.08 EPS is correct. After having $0.07 EPS previously, Atlantic Coast Financial Corporation’s analysts see 14.29 % EPS growth. The stock increased 0.98% or $0.1 during the last trading session, reaching $10.35. About 125,875 shares traded. Atlantic Coast Financial Corporation (NASDAQ:ACFC) has risen 25.44% since January 22, 2017 and is uptrending. It has outperformed by 8.74% the S&P500.

Atlantic Coast Financial Corporation operates as the holding firm for Atlantic Coast Bank that provides various banking services to individual and business clients primarily in Northeast Florida, Central Florida, and Southeast Georgia. The company has market cap of $159.86 million. It accepts various deposit products, including noninterest-bearing and interest-bearing demand, savings, money market demand, time deposit, and checking accounts, as well as certificates of deposit. It has a 27.6 P/E ratio. The firm also offers one-to four-family residential first and second mortgage, home-equity, commercial real estate, commercial and residential construction, multi-family real estate, commercial business, and automobile and other consumer loans.

More notable recent Atlantic Coast Financial Corporation (NASDAQ:ACFC) news were published by: Prnewswire.com which released: “Lifshitz & Miller LLP Announces Investigation of Atlantic Coast Financial …” on December 28, 2017, also Bizjournals.com with their article: “Atlantic Coast Bank sees large growth in loans and deposits” published on October 30, 2017, Bizjournals.com published: “Why Atlantic Coast Bank likes Tampa” on August 23, 2017. More interesting news about Atlantic Coast Financial Corporation (NASDAQ:ACFC) were released by: Bizjournals.com and their article: “Atlantic Coast Bank, one of last locally owned banks, acquired for $145 million” published on November 17, 2017 as well as Businesswire.com‘s news article titled: “Atlantic Coast Financial Corporation Re-Elects Directors W. Eric Palmer, Jay S …” with publication date: May 23, 2017.

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