Iberiabank (IBKC) Stake Lifted by Harvey Capital Management Inc; American Finl Group Ohio (AFG) Shareholder Bryn Mawr Trust Company Trimmed Holding

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Harvey Capital Management Inc increased its stake in Iberiabank Corp (IBKC) by 312.46% based on its latest 2018Q1 regulatory filing with the SEC. Harvey Capital Management Inc bought 38,495 shares as the company’s stock declined 2.82% with the market. The institutional investor held 50,815 shares of the major banks company at the end of 2018Q1, valued at $3.96M, up from 12,320 at the end of the previous reported quarter. Harvey Capital Management Inc who had been investing in Iberiabank Corp for a number of months, seems to be bullish on the $4.59 billion market cap company. The stock increased 1.76% or $1.4 during the last trading session, reaching $80.95. About 338,186 shares traded. IBERIABANK Corporation (NASDAQ:IBKC) has risen 2.46% since May 31, 2017 and is uptrending. It has underperformed by 10.11% the S&P500.

Bryn Mawr Trust Company decreased its stake in American Finl Group Inc Ohio (AFG) by 9.07% based on its latest 2018Q1 regulatory filing with the SEC. Bryn Mawr Trust Company sold 3,624 shares as the company’s stock declined 1.75% with the market. The institutional investor held 36,313 shares of the finance company at the end of 2018Q1, valued at $4.08 million, down from 39,937 at the end of the previous reported quarter. Bryn Mawr Trust Company who had been investing in American Finl Group Inc Ohio for a number of months, seems to be less bullish one the $9.94 billion market cap company. The stock increased 2.03% or $2.22 during the last trading session, reaching $111.78. About 605,789 shares traded or 88.51% up from the average. American Financial Group, Inc. (NYSE:AFG) has risen 16.01% since May 31, 2017 and is uptrending. It has outperformed by 3.44% the S&P500.

More notable recent IBERIABANK Corporation (NASDAQ:IBKC) news were published by: Streetinsider.com which released: “IBERIABANK Corp. (IBKC) Approves 1.14M Share Buyback” on May 10, 2018, also Streetinsider.com with their article: “IBERIABANK Corp. (IBKC) to Close or Consolidate 22 Branches” published on May 18, 2018, Seekingalpha.com published: “IBERIABANK announces branch closures and consolidations” on May 21, 2018. More interesting news about IBERIABANK Corporation (NASDAQ:IBKC) were released by: Streetinsider.com and their article: “IBERIABANK Corp. (IBKC) Appoints Rosa Sugranes to Board” published on May 09, 2018 as well as Prnewswire.com‘s news article titled: “IBERIABANK Corporation Announces Branch Closures And Consolidations” with publication date: May 18, 2018.

Harvey Capital Management Inc, which manages about $386.73M and $267.15M US Long portfolio, decreased its stake in Att Inc (NYSE:T) by 78,600 shares to 229,471 shares, valued at $8.18M in 2018Q1, according to the filing. It also reduced its holding in Facebook Inc Com (NASDAQ:FB) by 5,260 shares in the quarter, leaving it with 29,500 shares, and cut its stake in Eog Resources Inc (NYSE:EOG).

Among 14 analysts covering IberiaBank (NASDAQ:IBKC), 9 have Buy rating, 0 Sell and 5 Hold. Therefore 64% are positive. IberiaBank had 57 analyst reports since August 25, 2015 according to SRatingsIntel. The rating was maintained by Stephens on Monday, July 31 with “Buy”. The stock has “Hold” rating by Jefferies on Friday, September 15. Keefe Bruyette & Woods maintained it with “Buy” rating and $97.0 target in Monday, January 29 report. The rating was upgraded by SunTrust on Tuesday, November 28 to “Buy”. The stock of IBERIABANK Corporation (NASDAQ:IBKC) earned “Neutral” rating by Piper Jaffray on Wednesday, March 1. The rating was maintained by Stephens on Friday, April 20 with “Hold”. The stock of IBERIABANK Corporation (NASDAQ:IBKC) earned “Buy” rating by SunTrust on Wednesday, December 20. Piper Jaffray maintained the shares of IBKC in report on Friday, July 21 with “Hold” rating. The rating was maintained by SunTrust on Friday, April 20 with “Buy”. The firm has “Hold” rating by Jefferies given on Friday, June 9.

Investors sentiment decreased to 1.12 in 2018 Q1. Its down 0.04, from 1.16 in 2017Q4. It turned negative, as 16 investors sold IBKC shares while 73 reduced holdings. 32 funds opened positions while 68 raised stakes. 44.08 million shares or 2.56% less from 45.24 million shares in 2017Q4 were reported. Zeke Advsr Ltd Liability Co holds 0.03% or 3,504 shares in its portfolio. Segall Bryant & Hamill Ltd Liability Com invested in 0.46% or 257,261 shares. Susquehanna Intll Group Incorporated Llp invested in 3,767 shares or 0% of the stock. 4.56 million were reported by Vanguard Gp. Mufg Americas Hldg invested 0% in IBERIABANK Corporation (NASDAQ:IBKC). Bb&T has invested 0% in IBERIABANK Corporation (NASDAQ:IBKC). Royal Bancshares Of Canada reported 406,915 shares. Bnp Paribas Asset Mgmt Sa owns 164,505 shares or 0.11% of their US portfolio. Alliancebernstein L P, a New York-based fund reported 73,688 shares. Atlanta Cap L L C accumulated 365,968 shares or 0.15% of the stock. State Of Wisconsin Invest Board stated it has 0.03% in IBERIABANK Corporation (NASDAQ:IBKC). First Tru Advsr Limited Partnership invested in 72,458 shares. Missouri-based Stieven Limited Partnership has invested 1.52% in IBERIABANK Corporation (NASDAQ:IBKC). The Illinois-based Balyasny Asset Mngmt Ltd Com has invested 0.08% in IBERIABANK Corporation (NASDAQ:IBKC). New York-based Quantbot Lp has invested 0.02% in IBERIABANK Corporation (NASDAQ:IBKC).

Investors sentiment decreased to 1.1 in Q1 2018. Its down 0.01, from 1.11 in 2017Q4. It dropped, as 15 investors sold AFG shares while 120 reduced holdings. 50 funds opened positions while 98 raised stakes. 52.47 million shares or 0.63% more from 52.14 million shares in 2017Q4 were reported. Stone Ridge Asset Mgmt Lc reported 0.12% stake. Old Mutual Customised Solutions (Proprietary) Limited owns 0.03% invested in American Financial Group, Inc. (NYSE:AFG) for 2,700 shares. Trexquant Limited Partnership invested in 3,141 shares. Kbc Group Incorporated Nv invested 0.01% of its portfolio in American Financial Group, Inc. (NYSE:AFG). Veritable LP holds 0.01% in American Financial Group, Inc. (NYSE:AFG) or 2,091 shares. Macquarie Grp Incorporated stated it has 213,995 shares. Advantus Mgmt Incorporated holds 0.02% in American Financial Group, Inc. (NYSE:AFG) or 8,465 shares. Principal has invested 0.08% in American Financial Group, Inc. (NYSE:AFG). Livforsakringsbolaget Skandia Omsesidigt stated it has 1,800 shares or 0.02% of all its holdings. Hanson Mcclain stated it has 36 shares. State Of Wisconsin Inv Board reported 65,260 shares. Burney has 70,237 shares for 0.49% of their portfolio. Wedge Cap Management L Limited Partnership Nc reported 0.01% stake. Wright Investors Service holds 0.18% or 4,640 shares. Moreover, Assetmark Inc has 0% invested in American Financial Group, Inc. (NYSE:AFG) for 1,959 shares.

Bryn Mawr Trust Company, which manages about $1.74B US Long portfolio, upped its stake in Dowdupont Inc by 11,985 shares to 287,352 shares, valued at $18.31M in 2018Q1, according to the filing. It also increased its holding in United Parcel Svc Inc (NYSE:UPS) by 7,369 shares in the quarter, for a total of 159,522 shares, and has risen its stake in Ishares (SCZ).

Analysts await American Financial Group, Inc. (NYSE:AFG) to report earnings on August, 7. They expect $1.81 earnings per share, up 12.42% or $0.20 from last year’s $1.61 per share. AFG’s profit will be $160.97 million for 15.44 P/E if the $1.81 EPS becomes a reality. After $2.42 actual earnings per share reported by American Financial Group, Inc. for the previous quarter, Wall Street now forecasts -25.21% negative EPS growth.

Since December 15, 2017, it had 1 buying transaction, and 5 insider sales for $16.52 million activity. The insider Peraino Vito C sold 51,000 shares worth $5.81 million. 50,000 shares valued at $5.59M were sold by LINDNER CARL H III on Friday, May 11. Shares for $600,295 were sold by BERDING JOHN B. 500 American Financial Group, Inc. (NYSE:AFG) shares with value of $56,750 were bought by JOSEPH GREGORY G. 40,000 shares were sold by LINDNER S CRAIG, worth $4.42M on Monday, May 7.

Among 4 analysts covering American Financial Group (NYSE:AFG), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. American Financial Group had 7 analyst reports since January 19, 2016 according to SRatingsIntel. The company was initiated on Monday, September 11 by Buckingham Research. The company was downgraded on Friday, December 2 by Macquarie Research. As per Thursday, February 1, the company rating was maintained by Sandler O’Neill. The stock of American Financial Group, Inc. (NYSE:AFG) earned “Buy” rating by Sandler O’Neill on Wednesday, January 10. The firm has “Buy” rating by Sandler O’Neill given on Friday, August 12. Bank of America maintained the shares of AFG in report on Thursday, February 1 with “Buy” rating.

More notable recent American Financial Group, Inc. (NYSE:AFG) news were published by: Businesswire.com which released: “American Financial Group, Inc. Announces First Quarter Results” on May 02, 2018, also Bizjournals.com with their article: “Greater Cincinnati company joins 2018 Fortune 500 list” published on May 21, 2018, Bizjournals.com published: “American Financial’s Lindners: more special dividends could be coming” on May 22, 2018. More interesting news about American Financial Group, Inc. (NYSE:AFG) were released by: Seekingalpha.com and their article: “American Financial Group’s (AFG) CEO Carl Lindner on Q1 2018 Results – Earnings Call Transcript” published on May 03, 2018 as well as Bizjournals.com‘s news article titled: “FC Cincinnati owner Lindner on MLS bid: ‘I think we’re going to get over the finish line'” with publication date: May 22, 2018.

American Financial Group, Inc. (NYSE:AFG) Institutional Positions Chart