Ameris Bancorp (ABCB) Earns Coverage Optimism Score of 0.10

Sunday, 14 Jan, 2018

The stock of Arlington Asset Investment Corp. National Bank Canada maintained the shares of TCN in report on Tuesday, August 25 with "Outperform" rating. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.07 and a quick ratio of 1.04.

The stock decreased 0.38% or $0.17 during the last trading session, reaching $44.34. About 118,040 shares traded. (NYSE:AI) has risen 15.91% since January 14, 2017 and is uptrending.

Ameris Bancorp (NASDAQ:ABCB) last posted its earnings results on Friday, January 20th. The company has a market cap of $1,890.00, a P/E ratio of 22.69 and a beta of 1.20. The bank reported $0.63 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.65 by ($0.02). Ameris Bancorp has a twelve month low of $41.05 and a twelve month high of $51.85. About 113,063 shares traded.

Other analysts have also recently issued research reports about the stock. It has outperformed by 27.07% the S&P500.

Investors sentiment decreased to 1.13 in 2017 Q3. Its down 0.33, from 1.46 in 2017Q2.

Institutional investors have recently bought and sold shares of the stock. 30 funds opened positions while 78 raised stakes. Ftb Advisors Inc stated it has 0% in Ameris Bancorp (NASDAQ:ABCB). (NASDAQ:LHCG) for 442,870 shares. State Board Of Administration Of Florida Retirement System reported 0.01% stake. Morgan Stanley invested 0% of its portfolio in LHC Group, Inc. Manufacturers Life Insur Communication The has invested 0.07% in Ameris Bancorp (NASDAQ:ABCB). (NASDAQ:BNCL). Hennessy Advisors Inc accumulated 222,500 shares or 0.11% of the stock. (NASDAQ:BNCL). Salzhauer Michael reported 0.44% stake. Zebra Capital Mgmt Lc invested 0.33% in LHC Group, Inc. Farmers Merchants Incorporated owns 20 shares. 6,600 were accumulated by Louisiana State Employees Retirement Systems. Company insiders own 3.63% of the company's stock. 3,188 were accumulated by Ameritas Inv Prtnrs. Macquarie Grp Inc Limited owns 14,510 shares for 0% of their portfolio. (NASDAQ:LHCG) for 13,500 shares. 872,554 are held by Northern Tru Corporation. Jacobs Asset Management Llc has 382,916 shares for 3.51% of their portfolio.

Castine Capital Management Llc increased Ameris Bancorp (ABCB) stake by 8.85% reported in 2017Q3 SEC filing. Therefore 91% are positive. LHC Group had 29 analyst reports since August 7, 2015 according to SRatingsIntel. The company now has a consensus rating of "Buy" and a consensus target price of $53.00. On Wednesday, November 25 the stock rating was maintained by RBC Capital Markets with "Outperform". The stock of LHC Group, Inc. Jefferies maintained LHC Group, Inc. SunTrust has "Buy" rating and $55.0 target. As per Sunday, October 15, the company rating was maintained by Robert W. Baird. Stephens maintained Ameris Bancorp (NASDAQ:ABCB) on Thursday, September 28 with "Buy" rating. Keefe Bruyette & Woods maintained Beneficial Bancorp, Inc. (NASDAQ:LHCG) rating on Monday, June 12. RBC Capital Markets has "Buy" rating and $6900 target. The company was maintained on Tuesday, November 7 by Jefferies. (NASDAQ:LHCG) earned "Outperform" rating by Wells Fargo on Tuesday, September 1.

Among 2 analysts covering Beneficial Mutual Bancorp (NASDAQ:BNCL), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. The SI to Ameris Bancorp's float is 4.4%. The rating was downgraded by Zacks on Thursday, August 27 to "Hold". Stephens maintained it with "Buy" rating and $5400 target in Friday, July 21 report. The firm has "Hold" rating by Keefe Bruyette & Woods given on Thursday, October 19. Piper Jaffray Companies set a $48.00 price objective on Ameris Bancorp and gave the company a "hold" rating in a research report on Friday, October 6th. BNCL's total short interest was 1.66 million shares in January as published by FINRA. The rating was downgraded by Piper Jaffray on Tuesday, April 26 to "Neutral". Keefe, Bruyette & Woods raised Ameris Bancorp from a "market perform" rating to an "outperform" rating in a report on Monday, November 20th. The firm has "Hold" rating given on Monday, August 24 by Zacks.

Investors sentiment increased to 1.1 in Q3 2017. Its down 0.33, from 1.46 in 2017Q2. It turned negative, as 8 investors sold ABCB shares while 53 reduced holdings. Edmp owns 44,872 shares for 1.96% of their portfolio. 1,266 were reported by Envestnet Asset Mgmt. Following the transaction, the insider now owns 73,986 shares in the company, valued at $3,446,267.88. The stock increased 0.93% or $0.11 during the last trading session, reaching $11.91. Tower Cap Limited Liability Company (Trc) reported 5,231 shares. 58,129 are held by California State Teachers Retirement System. The Company's business is conducted through its banking subsidiary, Ameris Bank (the Bank), which provides a range of banking services to its retail and commercial customers. Schwab Charles Invest Management invested in 0.01% or 178,983 shares. Ameris Bancorp (ABCB) has risen 43.77% since January 14, 2017 and is uptrending. Assetmark Inc holds 0% or 997 shares in its portfolio. California Public Employees Retirement Sys owns 0% invested in Beneficial Bancorp, Inc. 4,259 are held by Aperio Limited Liability Company.