Banc Funds Co Has Cut Its Sandy Spring Bancorp (SASR) Stake, 6 Analysts Covering TLG Immobilien AG (ETR:TLG)

June 19, 2017 - By Adrian Mccoy

Banc Funds Co Llc decreased Sandy Spring Bancorp Inc. (SASR) stake by 1.36% reported in 2016Q4 SEC filing. Banc Funds Co Llc sold 15,000 shares as Sandy Spring Bancorp Inc. (SASR)’s stock declined 8.58%. The Banc Funds Co Llc holds 1.09M shares with $43.63 million value, down from 1.11M last quarter. Sandy Spring Bancorp Inc. now has $940.76M valuation. The stock declined 0.71% or $0.28 reaching $39.88 per share. About 46,428 shares traded. Sandy Spring Bancorp Inc. (NASDAQ:SASR) has risen 42.32% since June 19, 2016 and is uptrending. It has outperformed by 25.62% the S&P500.

Among 9 analysts covering TLG Immobilien (ETR:TLG), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. TLG Immobilien had 36 analyst reports since August 17, 2015 according to SRatingsIntel. The rating was upgraded by Berenberg to “Buy” on Wednesday, August 17. Landesbank maintained TLG Immobilien AG (ETR:TLG) on Saturday, December 31 with “Hold” rating. Berenberg upgraded it to “Buy” rating and €21 target in Tuesday, June 28 report. The company was maintained on Tuesday, January 24 by Landesbank. HSBC upgraded TLG Immobilien AG (ETR:TLG) on Saturday, June 4 to “Buy” rating. The stock of TLG Immobilien AG (ETR:TLG) has “Hold” rating given on Wednesday, February 1 by Landesbank. Deutsche Bank upgraded it to “Buy” rating and €22 target in Tuesday, November 15 report. The rating was upgraded by Bankhaus Lampe to “Buy” on Monday, August 17. The rating was upgraded by Bankhaus Lampe on Friday, September 4 to “Buy”. The firm has “Neutral” rating by JP Morgan given on Tuesday, September 1. See TLG Immobilien AG (ETR:TLG) latest ratings:

02/02/2017 Broker: Kepler Cheuvreux Rating: Buy New Target: €22.00 Upgrade
01/02/2017 Broker: Landesbank Rating: Hold New Target: €18.00 Maintain
26/01/2017 Broker: UBS Rating: Neutral New Target: €18.50 Maintain
24/01/2017 Broker: Landesbank Rating: Hold New Target: €18.50 Maintain
31/12/2016 Broker: Landesbank Rating: Hold New Target: €18.50 Maintain

Analysts await Sandy Spring Bancorp Inc. (NASDAQ:SASR) to report earnings on July, 20. They expect $0.58 EPS, up 31.82% or $0.14 from last year’s $0.44 per share. SASR’s profit will be $13.68 million for 17.19 P/E if the $0.58 EPS becomes a reality. After $0.63 actual EPS reported by Sandy Spring Bancorp Inc. for the previous quarter, Wall Street now forecasts -7.94% negative EPS growth.

Among 3 analysts covering Sandy Spring Bancorp (NASDAQ:SASR), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. Sandy Spring Bancorp had 4 analyst reports since July 20, 2015 according to SRatingsIntel. As per Tuesday, August 25, the company rating was upgraded by Zacks.

Banc Funds Co Llc increased Northway Financial Inc. (NWYF) stake by 15,912 shares to 167,400 valued at $4.49M in 2016Q4. It also upped Shore Bancshares Inc. (NASDAQ:SHBI) stake by 64,986 shares and now owns 711,956 shares. First Foundation Inc. (NASDAQ:FFWM) was raised too.

Investors sentiment increased to 1.94 in Q4 2016. Its up 0.34, from 1.6 in 2016Q3. It is positive, as 8 investors sold SASR shares while 28 reduced holdings. 29 funds opened positions while 41 raised stakes. 15.38 million shares or 1.06% less from 15.55 million shares in 2016Q3 were reported. Fin Counselors has 0.02% invested in Sandy Spring Bancorp Inc. (NASDAQ:SASR). Legal & General Group Public Limited Co stated it has 7,496 shares or 0% of all its holdings. Millennium Mgmt Limited Liability Co invested 0.01% in Sandy Spring Bancorp Inc. (NASDAQ:SASR). Deutsche State Bank Ag accumulated 23,790 shares or 0% of the stock. Salem Invest Counselors invested in 0% or 269 shares. Bessemer Grp Inc Inc invested in 9,747 shares or 0% of the stock. Principal Finance Group Incorporated has invested 0% in Sandy Spring Bancorp Inc. (NASDAQ:SASR). 140,594 are held by Lafayette Invs Inc. Wellington Mngmt Grp Llp invested in 454,745 shares or 0% of the stock. 305,512 are held by Forest Hill Capital Ltd Company. Hsbc Public Limited Liability Corp holds 5,214 shares or 0% of its portfolio. Chicago Equity Limited Liability invested in 0.05% or 48,970 shares. Virginia Retirement Et Al holds 0% of its portfolio in Sandy Spring Bancorp Inc. (NASDAQ:SASR) for 8,400 shares. Banc Funds Ltd Liability Com owns 1.09M shares or 1.85% of their US portfolio. State Street reported 445,889 shares.

TLG Immobilien AG, formerly TLG Immobilien GmbH, is a Germany firm engaged in the financial industry. The company has market cap of 1.36 billion EUR. The Firm acquires, develops and markets real estate properties in the domestic market. It has a 12.89 P/E ratio. It constructs, modernizes, renovates, buys, sells and rents various types of office and retail properties.

The stock decreased 0.14% or EUR 0.03 on June 19, reaching EUR 18.3. About 180,113 shares traded. TLG Immobilien AG (ETR:TLG) has 0.00% since June 19, 2016 and is . It has underperformed by 16.70% the S&P500.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.



Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: