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Banc Of California (BANC) Shareholder Stieven Capital Advisors LP Has Increased Its Holding by $524,000; Family Management Has Decreased Its General Electric Co (GE) Position by $4.03 Million

Family Management Corp decreased its stake in General Electric Co (GE) by 88.42% based on its latest 2017Q3 regulatory filing with the SEC. Family Management Corp sold 168,115 shares as the company’s stock declined 7.64% while stock markets rallied. The hedge fund held 22,025 shares of the consumer electronics and appliances company at the end of 2017Q3, valued at $533,000, down from 190,140 at the end of the previous reported quarter. Family Management Corp who had been investing in General Electric Co for a number of months, seems to be less bullish one the $130.52 billion market cap company. The stock increased 1.35% or $0.2 during the last trading session, reaching $15.05. About 64.72 million shares traded. General Electric Company (NYSE:GE) has declined 4.46% since February 17, 2017 and is downtrending. It has underperformed by 21.16% the S&P500.

Stieven Capital Advisors Lp increased its stake in Banc Of California Inc (BANC) by 9.61% based on its latest 2017Q3 regulatory filing with the SEC. Stieven Capital Advisors Lp bought 26,200 shares as the company’s stock rose 1.76% with the market. The hedge fund held 298,900 shares of the finance company at the end of 2017Q3, valued at $6.20 million, up from 272,700 at the end of the previous reported quarter. Stieven Capital Advisors Lp who had been investing in Banc Of California Inc for a number of months, seems to be bullish on the $1.03B market cap company. It closed at $20.4 lastly. It is down 6.54% since February 17, 2017 and is uptrending. It has underperformed by 10.16% the S&P500.

Since February 1, 2018, it had 1 buy, and 0 sales for $386,000 activity.

Stieven Capital Advisors Lp, which manages about $284.20 million and $527.25 million US Long portfolio, decreased its stake in Preferred Bk Los Angeles Ca (NASDAQ:PFBC) by 41,900 shares to 391,071 shares, valued at $23.60 million in 2017Q3, according to the filing. It also reduced its holding in Heritage Finl Corp Wash (NASDAQ:HFWA) by 32,100 shares in the quarter, leaving it with 426,456 shares, and cut its stake in Howard Bancorp Inc (NASDAQ:HBMD).

Investors sentiment decreased to 0.98 in 2017 Q3. Its down 0.05, from 1.03 in 2017Q2. It fall, 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. Manufacturers Life Insur Communication The invested in 32,896 shares or 0% of the stock. Bank Of Mellon Corp reported 929,532 shares. Moreover, Art Advisors Limited Liability Corporation has 0.02% invested in Banc of California, Inc. (NYSE:BANC). Goldman Sachs Incorporated holds 0% of its portfolio in Banc of California, Inc. (NYSE:BANC) for 514,443 shares. Kennedy Capital Mngmt has 0.1% invested in Banc of California, Inc. (NYSE:BANC). Wells Fargo And Mn invested in 0% or 267,619 shares. Price T Rowe Assoc Md invested 0% in Banc of California, Inc. (NYSE:BANC). Inc holds 0% of its portfolio in Banc of California, Inc. (NYSE:BANC) for 34,309 shares. Continental Advsrs Ltd Company holds 0.88% or 184,500 shares in its portfolio. Oppenheimer Asset Management Inc invested in 6,464 shares. State Of Wisconsin Board stated it has 0.04% of its portfolio in Banc of California, Inc. (NYSE:BANC). Gemmer Asset Management Limited Liability Company reported 0% in Banc of California, Inc. (NYSE:BANC). Lsv Asset Management holds 682,259 shares. Mendon Advsr holds 0.17% or 100,000 shares in its portfolio. Sg Americas Secs Ltd Liability, a New York-based fund reported 11,466 shares.

Among 10 analysts covering Banc of California (NYSE:BANC), 6 have Buy rating, 0 Sell and 4 Hold. Therefore 60% are positive. Banc of California had 25 analyst reports since November 9, 2015 according to SRatingsIntel. On Friday, May 5 the stock rating was downgraded by Wood to “Market Perform”. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Thursday, July 6. Keefe Bruyette & Woods maintained the shares of BANC in report on Thursday, December 21 with “Hold” rating. Keefe Bruyette & Woods maintained the shares of BANC in report on Monday, June 5 with “Hold” rating. The firm has “Buy” rating by Piper Jaffray given on Thursday, February 8. FBR Capital downgraded it to “Hold” rating and $20.0 target in Thursday, February 1 report. FBR Capital maintained Banc of California, Inc. (NYSE:BANC) rating on Thursday, May 4. FBR Capital has “Outperform” rating and $24 target. The firm has “Hold” rating by FBR Capital given on Thursday, February 8. The stock of Banc of California, Inc. (NYSE:BANC) earned “Mkt Perform” rating by FBR Capital on Thursday, October 20. On Thursday, September 28 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”.

Since August 22, 2017, it had 2 insider buys, and 0 sales for $2.50 million activity. The insider TISCH JAMES S bought 100,000 shares worth $2.46M.

Among 28 analysts covering General Electric Company (NYSE:GE), 8 have Buy rating, 5 Sell and 15 Hold. Therefore 29% are positive. General Electric Company had 91 analyst reports since July 21, 2015 according to SRatingsIntel. Morgan Stanley maintained it with “Equal-Weight” rating and $31 target in Thursday, October 6 report. On Monday, July 17 the stock rating was maintained by Oppenheimer with “Hold”. Deutsche Bank maintained General Electric Company (NYSE:GE) on Monday, October 30 with “Sell” rating. The rating was maintained by Credit Suisse on Thursday, October 5 with “Outperform”. The rating was maintained by Oppenheimer with “Hold” on Monday, June 12. The stock of General Electric Company (NYSE:GE) has “Hold” rating given on Sunday, December 10 by Stifel Nicolaus. The rating was downgraded by DZ Bank to “Hold” on Friday, January 26. As per Wednesday, January 24, the company rating was maintained by CFRA. The stock of General Electric Company (NYSE:GE) earned “Buy” rating by TheStreet on Wednesday, August 26. As per Tuesday, July 25, the company rating was maintained by Morgan Stanley.

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