Brown Capital Management Has Lowered Its Holding in Proto Labs (PRLB) by $3.37 Million; Heartland Advisors Has Decreased Its Centerstate Banks (CSFL) Stake by $649,246 as Stock Value Rose

CenterState Bank Corporation (NASDAQ:CSFL) Logo

Heartland Advisors Inc decreased its stake in Centerstate Banks Inc (CSFL) by 6.44% based on its latest 2018Q1 regulatory filing with the SEC. Heartland Advisors Inc sold 24,971 shares as the company’s stock rose 13.93% while stock markets declined. The institutional investor held 362,668 shares of the finance company at the end of 2018Q1, valued at $9.62M, down from 387,639 at the end of the previous reported quarter. Heartland Advisors Inc who had been investing in Centerstate Banks Inc for a number of months, seems to be less bullish one the $2.61B market cap company. The stock increased 1.80% or $0.55 during the last trading session, reaching $31.12. About 826,174 shares traded or 24.26% up from the average. CenterState Bank Corporation (NASDAQ:CSFL) has risen 29.44% since May 31, 2017 and is uptrending. It has outperformed by 16.87% the S&P500.

Brown Capital Management Llc decreased its stake in Proto Labs Inc (PRLB) by 0.74% based on its latest 2018Q1 regulatory filing with the SEC. Brown Capital Management Llc sold 28,828 shares as the company’s stock rose 2.40% while stock markets declined. The institutional investor held 3.87 million shares of the capital goods company at the end of 2018Q1, valued at $454.65M, down from 3.90 million at the end of the previous reported quarter. Brown Capital Management Llc who had been investing in Proto Labs Inc for a number of months, seems to be less bullish one the $3.33B market cap company. The stock increased 2.11% or $2.55 during the last trading session, reaching $123.45. About 186,163 shares traded or 21.98% up from the average. Proto Labs, Inc. (NYSE:PRLB) has risen 86.87% since May 31, 2017 and is uptrending. It has outperformed by 74.30% the S&P500.

Brown Capital Management Llc, which manages about $7.02 billion and $8.81 billion US Long portfolio, upped its stake in Realpage Inc (NASDAQ:RP) by 6,857 shares to 17,640 shares, valued at $908,000 in 2018Q1, according to the filing. It also increased its holding in Irhythm Technologies Inc by 590,772 shares in the quarter, for a total of 680,922 shares, and has risen its stake in Teva Pharmaceutical Inds Ltd (NYSE:TEVA).

Since December 11, 2017, it had 0 insider buys, and 5 insider sales for $981,678 activity. 500 Proto Labs, Inc. (NYSE:PRLB) shares with value of $51,375 were sold by Gawlick Rainer. Shares for $214,000 were sold by WEHRWEIN SVEN. $136,700 worth of Proto Labs, Inc. (NYSE:PRLB) was sold by Goodman John B.

Analysts await Proto Labs, Inc. (NYSE:PRLB) to report earnings on July, 26. They expect $0.63 EPS, up 40.00% or $0.18 from last year’s $0.45 per share. PRLB’s profit will be $16.97M for 48.99 P/E if the $0.63 EPS becomes a reality. After $0.66 actual EPS reported by Proto Labs, Inc. for the previous quarter, Wall Street now forecasts -4.55% negative EPS growth.

Among 8 analysts covering Proto Labs (NYSE:PRLB), 3 have Buy rating, 0 Sell and 5 Hold. Therefore 38% are positive. Proto Labs had 15 analyst reports since August 26, 2015 according to SRatingsIntel. The company was maintained on Monday, November 27 by Craig Hallum. Piper Jaffray maintained the shares of PRLB in report on Monday, February 5 with “Hold” rating. The rating was downgraded by Stephens on Friday, April 29 to “Equal-Weight”. The stock of Proto Labs, Inc. (NYSE:PRLB) has “Outperform” rating given on Wednesday, August 26 by Oppenheimer. Dougherty & Company downgraded Proto Labs, Inc. (NYSE:PRLB) on Wednesday, August 31 to “Sell” rating. The stock of Proto Labs, Inc. (NYSE:PRLB) earned “Sell” rating by Dougherty & Company on Friday, April 28. Dougherty & Company upgraded Proto Labs, Inc. (NYSE:PRLB) on Tuesday, June 27 to “Neutral” rating. Piper Jaffray maintained Proto Labs, Inc. (NYSE:PRLB) rating on Thursday, October 26. Piper Jaffray has “Hold” rating and $78.0 target. Piper Jaffray maintained the stock with “Hold” rating in Thursday, July 27 report. Needham maintained the stock with “Hold” rating in Thursday, October 26 report.

Investors sentiment decreased to 1.07 in Q1 2018. Its down 0.35, from 1.42 in 2017Q4. It is negative, as 16 investors sold PRLB shares while 76 reduced holdings. 36 funds opened positions while 62 raised stakes. 24.46 million shares or 2.52% less from 25.09 million shares in 2017Q4 were reported. Huntington Comml Bank reported 1,347 shares or 0% of all its holdings. Patten Group holds 0.02% or 425 shares in its portfolio. Rhumbline Advisers stated it has 0.01% of its portfolio in Proto Labs, Inc. (NYSE:PRLB). Cookson Peirce has 0.08% invested in Proto Labs, Inc. (NYSE:PRLB) for 7,930 shares. Stifel Fin Corporation stated it has 19,846 shares or 0.01% of all its holdings. Fifth Third Savings Bank, Ohio-based fund reported 1,418 shares. Legal General Group Public Ltd Com accumulated 51,170 shares. Mackenzie owns 0.01% invested in Proto Labs, Inc. (NYSE:PRLB) for 18,920 shares. Da Davidson And Com reported 2,780 shares or 0.01% of all its holdings. Motley Fool Wealth Management Llc has 61,168 shares. Mgmt Pro holds 0% or 27 shares. Denver Invest Advsrs Lc, Colorado-based fund reported 8,657 shares. State Of Wisconsin Invest Board holds 0.02% or 51,500 shares. 39,450 are held by Arizona State Retirement Sys. State Street reported 630,626 shares stake.

Another recent and important CenterState Bank Corporation (NASDAQ:CSFL) news was published by Benzinga.com which published an article titled: “Benzinga’s Top Upgrades, Downgrades For May 29, 2018” on May 29, 2018.

Since January 30, 2018, it had 0 buys, and 1 insider sale for $536,000 activity.

Investors sentiment increased to 3.07 in 2018 Q1. Its up 1.88, from 1.19 in 2017Q4. It is positive, as 8 investors sold CSFL shares while 35 reduced holdings. 57 funds opened positions while 75 raised stakes. 125.92 million shares or 171.19% more from 46.43 million shares in 2017Q4 were reported. Quantbot Technology LP holds 2,795 shares. Royal Financial Bank Of Canada has invested 0% in CenterState Bank Corporation (NASDAQ:CSFL). 691,082 were reported by 12Th Street Asset Mgmt Ltd Com. Citigroup reported 29,434 shares or 0% of all its holdings. Raymond James Financial Advsrs Incorporated reported 0% in CenterState Bank Corporation (NASDAQ:CSFL). Trexquant Inv Lp reported 0.03% of its portfolio in CenterState Bank Corporation (NASDAQ:CSFL). American Gp Incorporated reported 0% in CenterState Bank Corporation (NASDAQ:CSFL). Moreover, Geode Mngmt Lc has 0.01% invested in CenterState Bank Corporation (NASDAQ:CSFL) for 604,396 shares. Teacher Retirement Sys Of Texas, a Texas-based fund reported 15,026 shares. Moreover, Lpl Fin Limited Liability Company has 0% invested in CenterState Bank Corporation (NASDAQ:CSFL). Waterstone Capital Limited Partnership holds 63,627 shares or 1.53% of its portfolio. 42,643 were accumulated by Barclays Public Llc. Price T Rowe Md reported 1.29 million shares or 0.01% of all its holdings. Nordea Invest Mgmt Ab accumulated 111,357 shares or 0.01% of the stock. Dana Inv Advisors Incorporated reported 0.12% stake.

Among 10 analysts covering Centerstate Banks of Florida (NASDAQ:CSFL), 6 have Buy rating, 0 Sell and 4 Hold. Therefore 60% are positive. Centerstate Banks of Florida had 34 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Market Perform” rating by Raymond James given on Tuesday, May 29. The company was initiated on Tuesday, August 29 by Brean Capital. On Thursday, April 26 the stock rating was maintained by Raymond James with “Outperform”. The firm has “Buy” rating given on Wednesday, January 31 by Keefe Bruyette & Woods. As per Monday, August 14, the company rating was maintained by Stephens. The company was maintained on Wednesday, January 17 by Brean Capital. The firm has “Buy” rating given on Monday, February 5 by Brean Capital. The stock has “Market Perform” rating by FIG Partners on Wednesday, April 27. On Wednesday, September 28 the stock rating was upgraded by Stephens to “Overweight”. The firm has “Hold” rating by Keefe Bruyette & Woods given on Tuesday, October 3.

Analysts await CenterState Bank Corporation (NASDAQ:CSFL) to report earnings on July, 24. They expect $0.46 earnings per share, up 24.32% or $0.09 from last year’s $0.37 per share. CSFL’s profit will be $38.58M for 16.91 P/E if the $0.46 EPS becomes a reality. After $0.50 actual earnings per share reported by CenterState Bank Corporation for the previous quarter, Wall Street now forecasts -8.00% negative EPS growth.

CenterState Bank Corporation (NASDAQ:CSFL) Institutional Positions Chart