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Investment Counselors Of Maryland Decreased Its Sterling Bancorp (STL) Stake; Light Street Capital Management Lifted Logmein (LOGM) Stake By $38.32 Million

Investment Counselors Of Maryland Llc decreased Sterling Bancorp (STL) stake by 5.14% reported in 2017Q3 SEC filing. Investment Counselors Of Maryland Llc sold 57,690 shares as Sterling Bancorp (STL)’s stock declined 13.35%. The Investment Counselors Of Maryland Llc holds 1.06M shares with $26.25M value, down from 1.12M last quarter. Sterling Bancorp now has $5.83B valuation. The stock decreased 0.19% or $0.05 during the last trading session, reaching $25.95. About 1.25M shares traded. Sterling Bancorp (NYSE:STL) has risen 38.62% since January 13, 2017 and is uptrending. It has outperformed by 21.92% the S&P500.

Light Street Capital Management Llc increased Logmein Inc (LOGM) stake by 342.6% reported in 2017Q3 SEC filing. Light Street Capital Management Llc acquired 348,327 shares as Logmein Inc (LOGM)’s stock rose 17.94%. The Light Street Capital Management Llc holds 450,000 shares with $49.52M value, up from 101,673 last quarter. Logmein Inc now has $6.37 billion valuation. The stock increased 1.09% or $1.3 during the last trading session, reaching $121. About 223,152 shares traded. LogMeIn, Inc. (NASDAQ:LOGM) has risen 101.86% since January 13, 2017 and is uptrending. It has outperformed by 85.16% the S&P500.

Investment Counselors Of Maryland Llc increased Seacoast Banking Corp. (NASDAQ:SBCF) stake by 219,747 shares to 546,800 valued at $13.06 million in 2017Q3. It also upped Knowles Corporation (NYSE:KN) stake by 111,377 shares and now owns 1.36M shares. Banc Of California Inc (NYSE:BANC) was raised too.

Among 12 analysts covering Sterling Bancorp (NYSE:STL), 9 have Buy rating, 0 Sell and 3 Hold. Therefore 75% are positive. Sterling Bancorp had 34 analyst reports since August 3, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, May 30 by RBC Capital Markets. The firm has “Buy” rating given on Friday, August 4 by RBC Capital Markets. Maxim Group maintained Sterling Bancorp (NYSE:STL) rating on Wednesday, March 8. Maxim Group has “Buy” rating and $30 target. Jefferies maintained Sterling Bancorp (NYSE:STL) on Thursday, October 26 with “Buy” rating. Maxim Group initiated it with “Buy” rating and $19 target in Thursday, June 23 report. The rating was maintained by Jefferies on Friday, September 29 with “Buy”. On Wednesday, September 30 the stock rating was initiated by RBC Capital Markets with “Outperform”. The stock has “Buy” rating by Keefe Bruyette & Woods on Thursday, July 27. Maxim Group maintained the stock with “Buy” rating in Wednesday, July 26 report. On Tuesday, April 11 the stock rating was initiated by FBR Capital with “Mkt Perform”.

Analysts await Sterling Bancorp (NYSE:STL) to report earnings on January, 23. They expect $0.43 earnings per share, up 43.33% or $0.13 from last year’s $0.3 per share. STL’s profit will be $96.62M for 15.09 P/E if the $0.43 EPS becomes a reality. After $0.35 actual earnings per share reported by Sterling Bancorp for the previous quarter, Wall Street now forecasts 22.86% EPS growth.

Investors sentiment decreased to 1.53 in Q3 2017. Its down 0.11, from 1.64 in 2017Q2. It is negative, as 16 investors sold STL shares while 63 reduced holdings. 43 funds opened positions while 78 raised stakes. 132.33 million shares or 11.84% more from 118.32 million shares in 2017Q2 were reported. 512,036 are held by Renaissance Tech Ltd Liability Com. Steinberg Asset Management Limited Com reported 1.22% of its portfolio in Sterling Bancorp (NYSE:STL). Comerica State Bank accumulated 0.04% or 198,765 shares. First Advisors LP reported 60,032 shares. Pub Employees Retirement Association Of Colorado has invested 0.01% in Sterling Bancorp (NYSE:STL). Monarch Partners Asset Mgmt Ltd Llc invested in 868,405 shares or 2.06% of the stock. Parkside Fincl Bank reported 34 shares. Pitcairn Communication holds 0.03% or 10,283 shares in its portfolio. State Treasurer State Of Michigan holds 83,700 shares or 0.02% of its portfolio. Fdx Advsrs Inc holds 0.01% or 13,528 shares in its portfolio. The Ohio-based Strs Ohio has invested 0% in Sterling Bancorp (NYSE:STL). Rafferty Asset Mngmt Ltd Liability Corporation accumulated 8,912 shares. Nj State Employees Deferred Compensation Plan invested in 0.15% or 34,000 shares. Moreover, Alpine Woods Capital Investors Limited Company has 0.02% invested in Sterling Bancorp (NYSE:STL) for 12,000 shares. Castine Capital Management Lc has invested 1.61% in Sterling Bancorp (NYSE:STL).

Among 13 analysts covering LogMeIn (NASDAQ:LOGM), 11 have Buy rating, 0 Sell and 2 Hold. Therefore 85% are positive. LogMeIn had 45 analyst reports since July 24, 2015 according to SRatingsIntel. The firm earned “Strong Buy” rating on Friday, October 14 by Needham. JP Morgan upgraded the stock to “Overweight” rating in Wednesday, July 27 report. Dougherty & Company maintained the shares of LOGM in report on Friday, April 29 with “Buy” rating. The rating was maintained by Oppenheimer on Friday, July 28 with “Hold”. The rating was maintained by Cowen & Co on Friday, July 28 with “Buy”. Pacific Crest upgraded it to “Overweight” rating and $82 target in Friday, August 28 report. Robert W. Baird maintained the stock with “Buy” rating in Friday, October 27 report. The stock of LogMeIn, Inc. (NASDAQ:LOGM) has “Hold” rating given on Tuesday, August 25 by TheStreet. The stock of LogMeIn, Inc. (NASDAQ:LOGM) earned “Buy” rating by Needham on Wednesday, December 20. The stock of LogMeIn, Inc. (NASDAQ:LOGM) earned “Overweight” rating by Barclays Capital on Friday, October 27.

Investors sentiment increased to 1.33 in 2017 Q3. Its up 0.31, from 1.02 in 2017Q2. It is positive, as 33 investors sold LOGM shares while 100 reduced holdings. 50 funds opened positions while 127 raised stakes. 51.03 million shares or 4.65% more from 48.76 million shares in 2017Q2 were reported. Aperio Grp accumulated 0.02% or 36,343 shares. The Minnesota-based Ameriprise Financial has invested 0.02% in LogMeIn, Inc. (NASDAQ:LOGM). Eagle Asset holds 0.24% of its portfolio in LogMeIn, Inc. (NASDAQ:LOGM) for 371,639 shares. Eaton Vance Mgmt holds 0% or 11,663 shares in its portfolio. Frontier Cap Ltd has invested 0.02% in LogMeIn, Inc. (NASDAQ:LOGM). Prudential Financial Inc invested 0.01% of its portfolio in LogMeIn, Inc. (NASDAQ:LOGM). Neuberger Berman Gru Ltd Liability Com invested in 0.03% or 245,215 shares. Hussman Strategic Advisors owns 12,888 shares. Of Vermont stated it has 0% in LogMeIn, Inc. (NASDAQ:LOGM). Point72 Asset Management LP invested in 546,518 shares. Tudor Investment Corporation Et Al has invested 0.04% in LogMeIn, Inc. (NASDAQ:LOGM). Nuveen Asset Mgmt Lc stated it has 0.06% in LogMeIn, Inc. (NASDAQ:LOGM). Carroll holds 0% or 12 shares. Jericho Asset Mngmt Ltd Partnership reported 528,133 shares. Moreover, First Citizens Fincl Bank & Tru has 0.04% invested in LogMeIn, Inc. (NASDAQ:LOGM) for 2,549 shares.

Since August 1, 2017, it had 0 insider purchases, and 7 sales for $7.92 million activity. Benson Steven J. sold $336,591 worth of stock. Wagner William Raymond also sold $533,581 worth of LogMeIn, Inc. (NASDAQ:LOGM) shares. 20,000 shares were sold by Simon Michael K, worth $2.24M. $747,626 worth of LogMeIn, Inc. (NASDAQ:LOGM) was sold by Herdiech Edward K.. Battles Christopher had sold 721 shares worth $84,922 on Tuesday, August 1. 14,640 shares were sold by Ford W. Sean, worth $1.65 million on Friday, August 4.

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