Forest Hill Capital Has Decreased Pacwest Bancorp Del (PACW) Holding By $928,206; Regal Entertainment Group (RGC) Shorts Raised By 4.04%

July 17, 2017 - By Marguerite Chambers

Forest Hill Capital Llc decreased Pacwest Bancorp Del (PACW) stake by 13.64% reported in 2016Q4 SEC filing. Forest Hill Capital Llc sold 17,189 shares as Pacwest Bancorp Del (PACW)’s stock declined 15.26%. The Forest Hill Capital Llc holds 108,787 shares with $5.92M value, down from 125,976 last quarter. Pacwest Bancorp Del now has $5.55B valuation. The stock rose 0.50% or $0.23 reaching $46.52. About 256,003 shares traded. PacWest Bancorp (NASDAQ:PACW) has risen 18.91% since July 17, 2016 and is uptrending. It has outperformed by 2.21% the S&P500.

Regal Entertainment Group (NYSE:RGC) had an increase of 4.04% in short interest. RGC’s SI was 21.75 million shares in July as released by FINRA. Its up 4.04% from 20.91M shares previously. With 2.01 million avg volume, 11 days are for Regal Entertainment Group (NYSE:RGC)’s short sellers to cover RGC’s short positions. The SI to Regal Entertainment Group’s float is 19.53%. About 770,246 shares traded. Regal Entertainment Group (NYSE:RGC) has declined 1.35% since July 17, 2016 and is downtrending. It has underperformed by 18.05% the S&P500.

Among 14 analysts covering Regal Entertainment Group (NYSE:RGC), 5 have Buy rating, 3 Sell and 6 Hold. Therefore 36% are positive. Regal Entertainment Group had 37 analyst reports since July 31, 2015 according to SRatingsIntel. B. Riley & Co maintained it with “Buy” rating and $2600 target in Thursday, July 13 report. M Partners maintained the stock with “Neutral” rating in Wednesday, October 21 report. The stock of Regal Entertainment Group (NYSE:RGC) earned “Underperform” rating by Credit Suisse on Wednesday, February 1. The stock of Regal Entertainment Group (NYSE:RGC) earned “Long-Term Buy” rating by Hilliard Lyons on Wednesday, August 26. Morgan Stanley downgraded Regal Entertainment Group (NYSE:RGC) rating on Thursday, October 15. Morgan Stanley has “Underweight” rating and $18 target. The firm has “Neutral” rating given on Wednesday, July 27 by Hilliard Lyons. The company was maintained on Thursday, June 22 by RBC Capital Markets. M Partners maintained Regal Entertainment Group (NYSE:RGC) on Thursday, January 28 with “Neutral” rating. The stock has “Buy” rating by B. Riley & Co on Monday, October 31. RBC Capital Markets downgraded Regal Entertainment Group (NYSE:RGC) on Tuesday, January 26 to “Sector Perform” rating.

Investors sentiment increased to 1.84 in 2016 Q4. Its up 0.77, from 1.07 in 2016Q3. It improved, as 23 investors sold Regal Entertainment Group shares while 64 reduced holdings. 61 funds opened positions while 99 raised stakes. 112.34 million shares or 10.74% more from 101.44 million shares in 2016Q3 were reported. Trexquant Invest L P has invested 0.05% in Regal Entertainment Group (NYSE:RGC). Nuveen Asset Llc stated it has 179,438 shares. Neuberger Berman Gp Lc has invested 0.15% in Regal Entertainment Group (NYSE:RGC). Jpmorgan Chase & Commerce holds 0% or 74,065 shares. Robeco Institutional Asset Mngmt Bv accumulated 108,515 shares. Fincl Bank Of New York Mellon Corporation invested 0% of its portfolio in Regal Entertainment Group (NYSE:RGC). Congress Asset Management Company Ma holds 315,966 shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest Mngmt Corp owns 73,400 shares. Montecito National Bank & Trust Tru holds 0.09% or 12,000 shares. Price T Rowe Associate Md reported 0% in Regal Entertainment Group (NYSE:RGC). 122,062 are owned by Ubs Asset Americas. Altrinsic Global Advsr Limited Com invested 1.09% in Regal Entertainment Group (NYSE:RGC). 1832 Asset Mgmt Limited Partnership holds 0.04% of its portfolio in Regal Entertainment Group (NYSE:RGC) for 507,155 shares. Commonwealth Equity reported 0.01% stake. Mackenzie Financial Corp stated it has 1.04 million shares.

Regal Entertainment Group is an operator of theatre circuits in the United States. The company has market cap of $3.00 billion. As of March 31, 2017, the Company operated 7,262 screens in 559 theatres in 43 states along with Guam, Saipan, American Samoa and the District of Columbia. It has a 17.52 P/E ratio. The Firm manages its business under theatre exhibition activities segment.

Since March 9, 2017, it had 0 insider buys, and 2 selling transactions for $1.03 million activity. The insider DUNN GREGORY W sold $577,008. BRANDOW PETER B sold $455,243 worth of stock or 20,233 shares.

Forest Hill Capital Llc increased Atlantic Cap Bancshares Inc stake by 415,182 shares to 757,581 valued at $14.39 million in 2016Q4. It also upped Sandy Spring Bancorp Inc (NASDAQ:SASR) stake by 52,402 shares and now owns 305,512 shares. Kulicke & Soffa Inds Inc (NASDAQ:KLIC) was raised too.

Investors sentiment decreased to 1.03 in 2016 Q4. Its down 0.24, from 1.27 in 2016Q3. It fall, as 26 investors sold PACW shares while 114 reduced holdings. 52 funds opened positions while 92 raised stakes. 105.44 million shares or 0.65% less from 106.13 million shares in 2016Q3 were reported. American Century Companies has invested 0.01% in PacWest Bancorp (NASDAQ:PACW). Parametric Associates Llc, Washington-based fund reported 426,324 shares. Eagle Boston Management holds 168,543 shares. Moreover, Alphamark Lc has 0.01% invested in PacWest Bancorp (NASDAQ:PACW) for 350 shares. Utah Retirement has invested 0.03% in PacWest Bancorp (NASDAQ:PACW). Bb&T Ltd Liability Company holds 0.02% or 27,821 shares in its portfolio. First Mercantile Tru Company reported 8,757 shares or 0.07% of all its holdings. State Of Tennessee Treasury Department invested in 60,000 shares or 0.02% of the stock. Silvercrest Asset Mgmt Gp Llc holds 1.45% or 2.38M shares. Invesco Ltd holds 344,186 shares or 0.01% of its portfolio. Stanley holds 22,396 shares or 0.38% of its portfolio. Brown Advisory owns 0% invested in PacWest Bancorp (NASDAQ:PACW) for 11,316 shares. Atwood & Palmer reported 8,250 shares. Kessler Invest Grp reported 5,794 shares stake. 1St Advsr stated it has 7,922 shares.

Analysts await PacWest Bancorp (NASDAQ:PACW) to report earnings on July, 21. They expect $0.72 EPS, up 5.88% or $0.04 from last year’s $0.68 per share. PACW’s profit will be $85.90M for 16.15 P/E if the $0.72 EPS becomes a reality. After $0.65 actual EPS reported by PacWest Bancorp for the previous quarter, Wall Street now forecasts 10.77% EPS growth.

Among 11 analysts covering Pacwest Bancorp (NASDAQ:PACW), 6 have Buy rating, 0 Sell and 5 Hold. Therefore 55% are positive. Pacwest Bancorp had 15 analyst reports since October 13, 2015 according to SRatingsIntel. RBC Capital Markets maintained PacWest Bancorp (NASDAQ:PACW) rating on Monday, October 19. RBC Capital Markets has “Sector Perform” rating and $48 target. Stephens maintained PacWest Bancorp (NASDAQ:PACW) rating on Friday, July 14. Stephens has “Buy” rating and $5600 target. Piper Jaffray initiated PacWest Bancorp (NASDAQ:PACW) on Tuesday, October 13 with “Overweight” rating. The rating was downgraded by BMO Capital Markets on Thursday, January 14 to “Market Perform”. The stock of PacWest Bancorp (NASDAQ:PACW) has “Outperform” rating given on Thursday, March 24 by Wood. Wells Fargo downgraded PacWest Bancorp (NASDAQ:PACW) on Tuesday, October 4 to “Market Perform” rating. The stock of PacWest Bancorp (NASDAQ:PACW) has “Outperform” rating given on Monday, December 21 by Wells Fargo. On Friday, July 7 the stock rating was maintained by BMO Capital Markets with “Hold”. The stock of PacWest Bancorp (NASDAQ:PACW) earned “Outperform” rating by Raymond James on Wednesday, December 7. The stock of PacWest Bancorp (NASDAQ:PACW) has “Neutral” rating given on Monday, July 18 by DA Davidson.

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