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Basswood Capital Management Has Trimmed Its Cobiz Financial (COBZ) Holding as Stock Price Declined; As Nucor (NUE) Share Price Declined, Shareholder Cincinnati Insurance Company Has Lowered by $1.68 Million Its Stake

Matthew Lindenbaum decreased its stake in Cobiz Financial Inc (COBZ) by 18.61% based on its latest 2017Q3 regulatory filing with the SEC. Basswood Capital Management Llc sold 31,683 shares as the company’s stock declined 10.16% while stock markets rallied. The hedge fund run by Matthew Lindenbaum held 138,594 shares of the major banks company at the end of 2017Q3, valued at $2.72M, down from 170,277 at the end of the previous reported quarter. Basswood Capital Management Llc who had been investing in Cobiz Financial Inc for a number of months, seems to be less bullish one the $782.56M market cap company. The stock decreased 0.68% or $0.13 during the last trading session, reaching $18.92. About 21,913 shares traded. CoBiz Financial Inc. (NASDAQ:COBZ) has risen 31.61% since February 12, 2017 and is uptrending. It has outperformed by 14.91% the S&P500.

Cincinnati Insurance Company decreased its stake in Nucor Corp (NUE) by 3.17% based on its latest 2017Q3 regulatory filing with the SEC. Cincinnati Insurance Company sold 30,000 shares as the company’s stock declined 11.33% while stock markets rallied. The institutional investor held 915,512 shares of the steel and iron ore company at the end of 2017Q3, valued at $51.31 million, down from 945,512 at the end of the previous reported quarter. Cincinnati Insurance Company who had been investing in Nucor Corp for a number of months, seems to be less bullish one the $19.86B market cap company. The stock increased 1.12% or $0.69 during the last trading session, reaching $62.46. About 450,102 shares traded. Nucor Corporation (NYSE:NUE) has risen 21.74% since February 12, 2017 and is uptrending. It has outperformed by 5.04% the S&P500.

Cincinnati Insurance Company, which manages about $3.35 billion US Long portfolio, upped its stake in Plains All Amer Pipeline Lp (NYSE:PAA) by 114,043 shares to 237,941 shares, valued at $5.04 million in 2017Q3, according to the filing. It also increased its holding in Magellan Midstream Partners (NYSE:MMP) by 23,192 shares in the quarter, for a total of 102,266 shares, and has risen its stake in Energy Transfer Partners Lp.

Since September 19, 2017, it had 0 insider purchases, and 3 sales for $1.59 million activity. The insider HAYNES VICTORIA F sold $137,912. $913,959 worth of Nucor Corporation (NYSE:NUE) was sold by FERRIOLA JOHN J.

Investors sentiment decreased to 0.89 in 2017 Q3. Its down 0.35, from 1.24 in 2017Q2. It fall, as 62 investors sold NUE shares while 223 reduced holdings. 59 funds opened positions while 196 raised stakes. 232.46 million shares or 1.40% less from 235.76 million shares in 2017Q2 were reported. Moreover, Butensky Cohen Security Inc has 1.33% invested in Nucor Corporation (NYSE:NUE). Deutsche Bankshares Ag invested in 912,566 shares or 0.04% of the stock. Kbc Grp Nv has 41,998 shares. Icon Advisers, Colorado-based fund reported 8,000 shares. Tdam Usa has 0.02% invested in Nucor Corporation (NYSE:NUE) for 4,964 shares. Manning And Napier Advisors Limited Liability reported 76,501 shares stake. Rhumbline Advisers reported 0.07% of its portfolio in Nucor Corporation (NYSE:NUE). Rr Prtn LP accumulated 5.94% or 1.55M shares. Creative Planning stated it has 31,140 shares. State Street, a Massachusetts-based fund reported 17.76 million shares. Da Davidson And holds 0.08% or 69,627 shares in its portfolio. Raymond James Na holds 0.05% or 12,129 shares in its portfolio. Alpha Windward Ltd Liability has invested 0.02% in Nucor Corporation (NYSE:NUE). Ing Groep Nv accumulated 0.03% or 27,605 shares. Pub Employees Retirement Sys Of Ohio owns 136,681 shares or 0.04% of their US portfolio.

Among 19 analysts covering Nucor Corporation (NYSE:NUE), 12 have Buy rating, 0 Sell and 7 Hold. Therefore 63% are positive. Nucor Corporation had 80 analyst reports since July 22, 2015 according to SRatingsIntel. The company was upgraded on Wednesday, November 9 by Bank of America. The firm earned “Hold” rating on Thursday, July 20 by Cowen & Co. The company was maintained on Monday, January 8 by Bank of America. The firm earned “Buy” rating on Wednesday, July 19 by Jefferies. The rating was upgraded by Macquarie Research to “Neutral” on Monday, April 24. The firm has “Buy” rating given on Thursday, September 14 by Citigroup. The stock has “Buy” rating by Credit Suisse on Wednesday, February 7. The stock has “Buy” rating by Bank of America on Friday, October 20. The rating was maintained by Deutsche Bank with “Buy” on Monday, December 5. The firm earned “Hold” rating on Friday, July 22 by Berenberg.

Since October 23, 2017, it had 0 buys, and 7 selling transactions for $944,926 activity. 2,335 shares valued at $49,012 were sold by ANDRICH LYNE B on Friday, October 27. The insider OSTERTAG ROBERT sold 17,176 shares worth $358,978. DALTON RICHARD J sold $207,683 worth of stock or 10,004 shares. DUMLAO TROY sold $10,405 worth of stock. $104,250 worth of stock was sold by Huss Christopher S on Monday, October 23. Shares for $110,598 were sold by Page Scott.

Basswood Capital Management Llc, which manages about $2.47 billion and $2.18 billion US Long portfolio, upped its stake in Onemain Hldgs Inc by 13,684 shares to 1.70 million shares, valued at $47.86M in 2017Q3, according to the filing. It also increased its holding in Esquire Finl Hldgs Inc by 221,014 shares in the quarter, for a total of 504,718 shares, and has risen its stake in Veritex Hldgs Inc.

Investors sentiment decreased to 1.5 in 2017 Q3. Its down 0.27, from 1.77 in 2017Q2. It dropped, as 6 investors sold COBZ shares while 26 reduced holdings. 14 funds opened positions while 34 raised stakes. 33.18 million shares or 1.10% more from 32.82 million shares in 2017Q2 were reported. Polaris Capital Mngmt Limited Liability Corporation holds 103,909 shares or 0.11% of its portfolio. Banc Funds Limited Liability reported 1.44M shares. Wellington Mgmt Group Llp has 0.01% invested in CoBiz Financial Inc. (NASDAQ:COBZ). Fj Management Limited Liability Company accumulated 126,000 shares or 0.3% of the stock. The Minnesota-based Sit Inv Associates Inc has invested 0.01% in CoBiz Financial Inc. (NASDAQ:COBZ). Florida-based Eagle Asset Mngmt has invested 0.07% in CoBiz Financial Inc. (NASDAQ:COBZ). Penn reported 329,027 shares stake. The Massachusetts-based Fmr Ltd Liability Com has invested 0% in CoBiz Financial Inc. (NASDAQ:COBZ). First Advisors Lp reported 0% stake. State Street Corporation reported 708,638 shares. Citigroup owns 0% invested in CoBiz Financial Inc. (NASDAQ:COBZ) for 126 shares. Blackrock Incorporated has 2.61M shares. Renaissance Techs accumulated 547,700 shares or 0.01% of the stock. Thrivent Financial For Lutherans has 0.08% invested in CoBiz Financial Inc. (NASDAQ:COBZ). Us Bancshares De stated it has 0% of its portfolio in CoBiz Financial Inc. (NASDAQ:COBZ).

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