Teekay Offshore Partners L.P. (NYSE:TOO) traded at an unexpectedly low level on 09/29/2017 when the stock experienced a 2.59% gain to a closing price of $2.38. Trading volume for Sterling Bancorp. was 3.8 Million in its previous trading session.
Here are a few substantial investment firms who have updated their positions.
Astoria Financial Corporation is the unitary savings and loan holding company of Astoria Bank and its subsidiaries.
Sterling Bancorp. (NYSE:STL) reported its EPS in the last quarter as $0.18/Share lagging the analyst estimate of $0.18/Share by a difference of $0. Nuveen Asset Mngmt Ltd Com holds 0.25% in Sterling Bancorp (NYSE:STL) or 1.70M shares. William Blair Investment Management, LLC added to its ownership by buying 66,531 shares an increase of 8.7% in the quarter. Float is the proportion of issued also outstanding shares that can be liberally traded, nothing like locked-up insider holdings or restricted employee shares. While it's Return on Investment (ROI) value is 14.9%. First Trust Advisors LP acquired a new stake in shares of Sterling Bancorp in the 1st quarter valued at $1,653,000.
Hedge funds have recently modified their holdings of the company.
Several research analysts have commented on STL shares. The firm earned "Outperform" rating on Monday, October 10 by Hovde Group. ValuEngine cut Sterling Bancorp from a "buy" rating to a "hold" rating in a research report on Thursday, September 7th. One equities research analyst has rated the stock with a hold rating and nine have given a buy rating to the company. Sterling Bancorp's stock price now sits at $24.58.
Sterling Bancorp had its "outperform" rating reiterated by analysts at RBC Capital. If you are accessing this report on another site, it was copied illegally and reposted in violation of worldwide trademark and copyright law. The legal version of this report can be read at https://www.equitiesfocus.com/2017/09/30/sterling-bancorp-stl-stake-boosted-by-teachers-advisors-llc.html. They expect $0.36 earnings per share, up 33.33% or $0.09 from last year's $0.27 per share. The shares were sold at an average price of $23.87, for a total value of $23,870.00. 118.32 million shares or 4.95% more from 112.74 million shares in 2017Q1 were reported. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. The ex-dividend date was set for Thursday the 3rd of August 2017. The shares were bought at an average cost of $21.88 per share, with a total value of $218,800.00. The disclosure for this purchase can be found here. Company insiders own 3.74% of the company's stock.
Sterling Bancorp (NYSE STL) opened at 24.65 on Friday.
Shares last traded at $24.60 marginally over the 50 day moving average of $22.79 and which is a tad above the 200 day moving average of $22.93. The company has a market cap of $3.15 billion, a price-to-earnings ratio of 19.75 and a beta of 1.05. Analysts reported that the Price Target for Sterling Bancorp. might touch $30 high while the Average Price Target and Low price Target is $28.57 and $26 respectively. Brandywine Glob Ltd Liability Company has invested 0.05% in Sterling Bancorp (NYSE:STL). The company reported the earnings of $0.18/Share in the last quarter where the estimated EPS by analysts was $0.18/share. The business had revenue of $126.88 million during the quarter, compared to the consensus estimate of $133.85 million.
For the current quarter, 0 analysts are projecting a mean EPS of $0/share. During last 3 month period, 5.21% of total institutional ownership has changed in the company shares. The Bank specializes in the delivery of services and solutions to business owners, their families and consumers within the communities it serves.
The combined bank will have approximately $30 billion in assets, $20 billion in gross loans and more than $19 billion in deposits with a diversified commercial and consumer loan and deposit base, solid capital foundation and broad footprint in the marketplace.