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Elk Creek Partners Lowered Its 2U (TWOU) Position by $3.53 Million; Stock Price Rose; Banc Of California (BANC) Share Price Rose While Sei Investments Company Decreased Position by $398,800

Elk Creek Partners Llc decreased its stake in 2U Inc (TWOU) by 28.74% based on its latest 2017Q3 regulatory filing with the SEC. Elk Creek Partners Llc sold 63,076 shares as the company’s stock rose 16.87% with the market. The institutional investor held 156,387 shares of the technology company at the end of 2017Q3, valued at $8.76 million, down from 219,463 at the end of the previous reported quarter. Elk Creek Partners Llc who had been investing in 2U Inc for a number of months, seems to be less bullish one the $3.70B market cap company. The stock increased 1.91% or $1.33 during the last trading session, reaching $70.8. About 70,965 shares traded. 2U, Inc. (NASDAQ:TWOU) has risen 55.92% since January 18, 2017 and is uptrending. It has outperformed by 39.22% the S&P500.

Sei Investments Company decreased its stake in Banc Of California Inc (BANC) by 84.65% based on its latest 2017Q3 regulatory filing with the SEC. Sei Investments Company sold 19,940 shares as the company’s stock rose 1.76% with the market. The institutional investor held 3,617 shares of the finance company at the end of 2017Q3, valued at $75,000, down from 23,557 at the end of the previous reported quarter. Sei Investments Company who had been investing in Banc Of California Inc for a number of months, seems to be less bullish one the $1.04B market cap company. The stock increased 0.81% or $0.17 during the last trading session, reaching $21.67. About 130,424 shares traded. Banc of California, Inc. (NYSE:BANC) has risen 6.54% since January 18, 2017 and is uptrending. It has underperformed by 10.16% the S&P500.

Sei Investments Company, which manages about $28.13 billion US Long portfolio, upped its stake in Gentex Corp (NASDAQ:GNTX) by 416,789 shares to 422,054 shares, valued at $8.36M in 2017Q3, according to the filing. It also increased its holding in Kimco Rlty Corp (NYSE:KIM) by 460,888 shares in the quarter, for a total of 684,844 shares, and has risen its stake in Brunswick Corp (NYSE:BC).

Analysts await Banc of California, Inc. (NYSE:BANC) to report earnings on January, 29. They expect $0.23 earnings per share, down 57.41% or $0.31 from last year’s $0.54 per share. BANC’s profit will be $11.05M for 23.55 P/E if the $0.23 EPS becomes a reality. After $0.25 actual earnings per share reported by Banc of California, Inc. for the previous quarter, Wall Street now forecasts -8.00% negative EPS growth.

Among 9 analysts covering Banc of California (NYSE:BANC), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 78% are positive. Banc of California had 21 analyst reports since November 9, 2015 according to SRatingsIntel. The rating was upgraded by Raymond James to “Outperform” on Wednesday, May 4. As per Friday, May 5, the company rating was downgraded by Wood. The company was initiated on Thursday, December 21 by Piper Jaffray. The firm has “Hold” rating by Keefe Bruyette & Woods given on Thursday, December 21. The firm has “Buy” rating by UBS given on Monday, May 23. DA Davidson upgraded the stock to “Buy” rating in Thursday, October 20 report. Keefe Bruyette & Woods maintained it with “Hold” rating and $20.0 target in Thursday, September 28 report. The stock of Banc of California, Inc. (NYSE:BANC) has “Mkt Perform” rating given on Monday, November 9 by Raymond James. FBR Capital initiated the shares of BANC in report on Friday, July 1 with “Mkt Perform” rating. The rating was initiated by Wells Fargo with “Outperform” on Monday, May 2.

Investors sentiment decreased to 0.98 in 2017 Q3. Its down 0.05, from 1.03 in 2017Q2. It worsened, as 25 investors sold BANC shares while 60 reduced holdings. 30 funds opened positions while 53 raised stakes. 59.57 million shares or 8.21% more from 55.06 million shares in 2017Q2 were reported. Second Curve Llc holds 0.29% or 35,000 shares. Dreman Value L L C has 13,318 shares for 0.15% of their portfolio. 9,322 are held by Quantbot Technology L P. Tiaa Cref Investment Management Limited reported 114,312 shares. Mutual Of America Cap Lc stated it has 0% in Banc of California, Inc. (NYSE:BANC). Blackrock reported 5.86M shares. Barclays Public Limited Co holds 0% or 1,008 shares. Citadel Advisors Ltd Company has 44,946 shares. Invesco Limited reported 114,060 shares or 0% of all its holdings. Endeavour Cap Advsrs reported 321,138 shares. Principal Fincl Inc holds 0.01% of its portfolio in Banc of California, Inc. (NYSE:BANC) for 320,398 shares. Hennessy invested in 385,000 shares. Trexquant Investment LP has invested 0.08% in Banc of California, Inc. (NYSE:BANC). Teachers Retirement Systems Of The State Of Kentucky, a Kentucky-based fund reported 16,600 shares. Northern Tru Corp holds 0% or 513,990 shares.

Among 13 analysts covering 2U (NASDAQ:TWOU), 13 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. 2U had 37 analyst reports since August 7, 2015 according to SRatingsIntel. Credit Suisse maintained 2U, Inc. (NASDAQ:TWOU) on Friday, September 8 with “Outperform” rating. The rating was maintained by KeyBanc Capital Markets on Thursday, November 16 with “Buy”. Oppenheimer maintained 2U, Inc. (NASDAQ:TWOU) on Tuesday, June 13 with “Buy” rating. The firm has “Outperform” rating by Oppenheimer given on Wednesday, November 8. Needham initiated the shares of TWOU in report on Friday, July 15 with “Buy” rating. Credit Suisse maintained it with “Outperform” rating and $70 target in Wednesday, November 8 report. The stock of 2U, Inc. (NASDAQ:TWOU) earned “Buy” rating by Needham on Wednesday, November 8. The firm earned “Buy” rating on Monday, January 8 by Robert W. Baird. The firm has “Buy” rating by Goldman Sachs given on Friday, October 16. The stock has “Outperform” rating by Barrington Research on Friday, August 5.

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