Clover Partners Lp increased its stake in Territorial Bancorp Inc (TBNK) by 112.13% based on its latest 2017Q3 regulatory filing with the SEC. Clover Partners Lp bought 152,447 shares as the company’s stock declined 11.00% while stock markets rallied. The hedge fund held 288,397 shares of the savings institutions company at the end of 2017Q3, valued at $9.11 million, up from 135,950 at the end of the previous reported quarter. Clover Partners Lp who had been investing in Territorial Bancorp Inc for a number of months, seems to be bullish on the $283.25M market cap company. The stock decreased 1.10% or $0.34 during the last trading session, reaching $30.44. About 16,603 shares traded. Territorial Bancorp Inc. (NASDAQ:TBNK) has risen 17.14% since February 28, 2017 and is uptrending. It has outperformed by 0.44% the S&P500.
Riverpoint Capital Management Llc decreased its stake in Bb&T Corp (BBT) by 17.68% based on its latest 2017Q3 regulatory filing with the SEC. Riverpoint Capital Management Llc sold 30,399 shares as the company’s stock declined 11.91% while stock markets rallied. The institutional investor held 141,532 shares of the major banks company at the end of 2017Q3, valued at $6.64 million, down from 171,931 at the end of the previous reported quarter. Riverpoint Capital Management Llc who had been investing in Bb&T Corp for a number of months, seems to be less bullish one the $42.77B market cap company. The stock decreased 1.51% or $0.84 during the last trading session, reaching $54.95. About 3.66 million shares traded. BB&T Corporation (NYSE:BBT) has risen 20.68% since February 28, 2017 and is uptrending. It has outperformed by 3.98% the S&P500.
Since August 29, 2017, it had 0 insider buys, and 5 selling transactions for $265,471 activity. $69,138 worth of Territorial Bancorp Inc. (NASDAQ:TBNK) was sold by Caldwell Kirk W. Kitagawa Allan S also sold $144,376 worth of Territorial Bancorp Inc. (NASDAQ:TBNK) on Tuesday, August 29.
Among 5 analysts covering Territorial Bancorp Inc (NASDAQ:TBNK), 1 have Buy rating, 1 Sell and 3 Hold. Therefore 20% are positive. Territorial Bancorp Inc had 9 analyst reports since August 3, 2015 according to SRatingsIntel. The rating was maintained by Keefe Bruyette & Woods on Thursday, December 21 with “Hold”. The stock of Territorial Bancorp Inc. (NASDAQ:TBNK) earned “Hold” rating by Sandler O’Neill on Friday, January 26. Compass Point maintained it with “Buy” rating and $32 target in Friday, April 29 report. Compass Point initiated it with “Buy” rating and $31 target in Friday, August 7 report. The stock of Territorial Bancorp Inc. (NASDAQ:TBNK) has “Underperform” rating given on Thursday, August 10 by Raymond James. Keefe Bruyette & Woods maintained Territorial Bancorp Inc. (NASDAQ:TBNK) rating on Friday, January 26. Keefe Bruyette & Woods has “Hold” rating and $33.0 target. On Tuesday, February 13 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”.
Clover Partners Lp, which manages about $166.98 million and $249.12M US Long portfolio, decreased its stake in Capital Southwest Corp (NASDAQ:CSWC) by 59,772 shares to 636,541 shares, valued at $10.90 million in 2017Q3, according to the filing. It also reduced its holding in Popular Inc (NASDAQ:BPOP) by 55,000 shares in the quarter, leaving it with 71,400 shares, and cut its stake in United Finl Bancorp Inc New (NASDAQ:UBNK).
Investors sentiment increased to 1.27 in Q3 2017. Its up 0.27, from 1 in 2017Q2. It is positive, as 6 investors sold TBNK shares while 24 reduced holdings. 10 funds opened positions while 28 raised stakes. 4.17 million shares or 0.23% less from 4.18 million shares in 2017Q2 were reported. Nationwide Fund Advsrs reported 47,866 shares or 0.01% of all its holdings. California Pub Employees Retirement Systems accumulated 7,061 shares. Citigroup accumulated 3,820 shares. First Trust Advsrs LP stated it has 12,531 shares or 0% of all its holdings. Bnp Paribas Arbitrage Sa has invested 0% in Territorial Bancorp Inc. (NASDAQ:TBNK). Menta Cap Ltd stated it has 23,716 shares. Royal Bancorporation Of Canada reported 796 shares or 0% of all its holdings. Invesco stated it has 9,445 shares or 0% of all its holdings. Moreover, Jpmorgan Chase has 0% invested in Territorial Bancorp Inc. (NASDAQ:TBNK) for 57,090 shares. D E Shaw & Co Inc holds 0% or 8,664 shares in its portfolio. Us Bancorp De invested in 0% or 11,700 shares. Sei Invests Company owns 11,138 shares. Metropolitan Life Ins Co accumulated 6,429 shares or 0% of the stock. Morgan Stanley reported 48,362 shares. Credit Suisse Ag reported 0% of its portfolio in Territorial Bancorp Inc. (NASDAQ:TBNK).
Analysts await BB&T Corporation (NYSE:BBT) to report earnings on April, 19. They expect $0.91 EPS, up 22.97% or $0.17 from last year’s $0.74 per share. BBT’s profit will be $708.24 million for 15.10 P/E if the $0.91 EPS becomes a reality. After $0.84 actual EPS reported by BB&T Corporation for the previous quarter, Wall Street now forecasts 8.33% EPS growth.
Investors sentiment decreased to 0.93 in Q3 2017. Its down 0.23, from 1.16 in 2017Q2. It dropped, as 56 investors sold BBT shares while 291 reduced holdings. 81 funds opened positions while 241 raised stakes. 500.82 million shares or 2.15% less from 511.81 million shares in 2017Q2 were reported. The New York-based Evercore Wealth Mgmt Limited Liability Corporation has invested 0.01% in BB&T Corporation (NYSE:BBT). Blackrock, New York-based fund reported 49.20M shares. Ferguson Wellman Cap Mngmt reported 135,789 shares or 0.23% of all its holdings. 24,386 were accumulated by Koch Industries. X Com Limited Liability Com owns 14,007 shares. Chesley Taft And Assocs Ltd Liability Company holds 199,946 shares or 0.81% of its portfolio. The New Jersey-based State Of New Jersey Common Pension Fund D has invested 0.04% in BB&T Corporation (NYSE:BBT). Principal Financial Grp Inc has invested 0.05% in BB&T Corporation (NYSE:BBT). Meyer Handelman holds 0.02% of its portfolio in BB&T Corporation (NYSE:BBT) for 9,100 shares. Sequoia Finance Advsr Limited has 9,440 shares. Capital Inv Of America holds 2.31% of its portfolio in BB&T Corporation (NYSE:BBT) for 292,940 shares. Sabal holds 2.56% or 544,554 shares in its portfolio. New Jersey-based Hamel Associates has invested 2.49% in BB&T Corporation (NYSE:BBT). Next Group invested 0.01% in BB&T Corporation (NYSE:BBT). Ibm Retirement Fund reported 20,272 shares.
Riverpoint Capital Management Llc, which manages about $1.62 billion and $1.54 billion US Long portfolio, upped its stake in Spdr S&P 500 Etf Tr (SPY) by 1,318 shares to 21,246 shares, valued at $5.34M in 2017Q3, according to the filing. It also increased its holding in Jpmorgan Chase & Co (NYSE:JPM) by 5,711 shares in the quarter, for a total of 62,461 shares, and has risen its stake in Air Prods & Chems Inc (NYSE:APD).
Since October 20, 2017, it had 0 insider purchases, and 13 sales for $16.05 million activity. 22,629 shares valued at $1.25 million were sold by Starnes Clarke R III on Tuesday, February 20. On Friday, January 19 Powell Cynthia B sold $486,760 worth of BB&T Corporation (NYSE:BBT) or 8,929 shares. Another trade for 4,250 shares valued at $201,929 was sold by Wilson Donta L. 12,357 shares valued at $589,373 were sold by Johnson Robert Jerome JR on Wednesday, October 25. $373,811 worth of BB&T Corporation (NYSE:BBT) shares were sold by Bradley W Bennett. Another trade for 66,372 shares valued at $3.15M was sold by KING KELLY S.
The post Riverpoint Capital Management Has Lowered Its Bb&T (BBT) Position by $1.40 Million; Clover Partners LP Boosted Territorial Bancorp (TBNK) Position by $4.73 Million as Stock Declined appeared first on Stock Market News | HillCountryTimes | Get it Today.
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