Stock News

Investment Counselors Of Maryland Has Trimmed By $2.87 Million Its Trico Bancshares (TCBK) Holding; Homrich & Berg Has Lowered At&T (T) Position By $6.75 Million

AT&T Inc. (NYSE:T) Logo

Investment Counselors Of Maryland Llc decreased Trico Bancshares (TCBK) stake by 13.98% reported in 2017Q4 SEC filing. Investment Counselors Of Maryland Llc sold 77,555 shares as Trico Bancshares (TCBK)’s stock declined 5.78%. The Investment Counselors Of Maryland Llc holds 477,114 shares with $18.06M value, down from 554,669 last quarter. Trico Bancshares now has $858.11M valuation. The stock decreased 0.43% or $0.16 during the last trading session, reaching $37.38. About 19,217 shares traded. TriCo Bancshares (NASDAQ:TCBK) has risen 9.71% since April 17, 2017 and is uptrending. It has underperformed by 1.84% the S&P500.

Homrich & Berg decreased At&T Inc (T) stake by 23.13% reported in 2017Q4 SEC filing. Homrich & Berg sold 177,503 shares as At&T Inc (T)’s stock declined 10.37%. The Homrich & Berg holds 589,896 shares with $22.94M value, down from 767,399 last quarter. At&T Inc now has $230.13 billion valuation. The stock decreased 0.59% or $0.21 during the last trading session, reaching $35.43. About 10.75M shares traded. AT&T Inc. (NYSE:T) has declined 15.88% since April 17, 2017 and is downtrending. It has underperformed by 27.43% the S&P500.

Among 5 analysts covering TriCo Bancshares (NASDAQ:TCBK), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. TriCo Bancshares had 11 analyst reports since January 29, 2016 according to SRatingsIntel. The firm has “Hold” rating given on Wednesday, December 13 by FIG Partners. Keefe Bruyette & Woods maintained the shares of TCBK in report on Monday, February 26 with “Hold” rating. Keefe Bruyette & Woods downgraded TriCo Bancshares (NASDAQ:TCBK) on Friday, July 29 to “Market Perform” rating. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Thursday, December 21. The stock has “Buy” rating by Keefe Bruyette & Woods on Tuesday, March 13. As per Friday, March 23, the company rating was maintained by Sandler O’Neill. The firm earned “Hold” rating on Tuesday, January 30 by Keefe Bruyette & Woods. Keefe Bruyette & Woods maintained it with “Hold” rating and $43.0 target in Tuesday, December 12 report.

Investors sentiment decreased to 1.02 in 2017 Q4. Its down 0.29, from 1.31 in 2017Q3. It dropped, as 8 investors sold TCBK shares while 45 reduced holdings. 14 funds opened positions while 40 raised stakes. 15.61 million shares or 0.54% more from 15.52 million shares in 2017Q3 were reported. Blackrock has 0% invested in TriCo Bancshares (NASDAQ:TCBK). Sei Investments owns 16 shares or 0% of their US portfolio. Jpmorgan Chase owns 0% invested in TriCo Bancshares (NASDAQ:TCBK) for 564,940 shares. Parallax Volatility Advisers Limited Partnership holds 0% of its portfolio in TriCo Bancshares (NASDAQ:TCBK) for 3,108 shares. Northern Trust has 0.01% invested in TriCo Bancshares (NASDAQ:TCBK). Rhumbline Advisers invested in 0% or 21,055 shares. Tower Research (Trc) owns 1,118 shares or 0.01% of their US portfolio. Tiaa Cref Limited Com invested in 0% or 90,918 shares. Loomis Sayles & Limited Partnership accumulated 68 shares. Panagora Asset Mngmt invested in 197,164 shares. Pnc Fincl Svcs Grp accumulated 32 shares or 0% of the stock. Cetera Advisor Net holds 17,640 shares. Victory Cap Management Inc owns 56,373 shares. Federated Investors Pa, Pennsylvania-based fund reported 5,353 shares. The Florida-based Eagle Asset Mngmt has invested 0.05% in TriCo Bancshares (NASDAQ:TCBK).

Investment Counselors Of Maryland Llc increased El Paso Electric Co (NYSE:EE) stake by 19,726 shares to 261,696 valued at $14.49 million in 2017Q4. It also upped Verint Systems Inc (NASDAQ:VRNT) stake by 24,257 shares and now owns 568,341 shares. Formfactor Inc (NASDAQ:FORM) was raised too.

Analysts await TriCo Bancshares (NASDAQ:TCBK) to report earnings on April, 26. They expect $0.64 earnings per share, up 23.08% or $0.12 from last year’s $0.52 per share. TCBK’s profit will be $14.69M for 14.60 P/E if the $0.64 EPS becomes a reality. After $0.47 actual earnings per share reported by TriCo Bancshares for the previous quarter, Wall Street now forecasts 36.17% EPS growth.

Analysts await AT&T Inc. (NYSE:T) to report earnings on April, 25 after the close. They expect $0.87 earnings per share, up 17.57% or $0.13 from last year’s $0.74 per share. T’s profit will be $5.65B for 10.18 P/E if the $0.87 EPS becomes a reality. After $0.78 actual earnings per share reported by AT&T Inc. for the previous quarter, Wall Street now forecasts 11.54% EPS growth.

Homrich & Berg increased Vanguard Specialized Funds (VIG) stake by 35,922 shares to 2.02 million valued at $205.90 million in 2017Q4. It also upped Vanguard Index Fds (VUG) stake by 28,340 shares and now owns 34,425 shares. Vanguard Index Fds (VB) was raised too.

Among 31 analysts covering AT&T Inc. (NYSE:T), 12 have Buy rating, 1 Sell and 18 Hold. Therefore 39% are positive. AT&T Inc. had 78 analyst reports since July 27, 2015 according to SRatingsIntel. Jefferies maintained it with “Buy” rating and $44 target in Thursday, April 7 report. The stock has “Hold” rating by Drexel Hamilton on Monday, October 24. As per Friday, April 1, the company rating was downgraded by Moffet Nathanson. Oppenheimer maintained AT&T Inc. (NYSE:T) on Tuesday, August 8 with “Hold” rating. Bank of America maintained AT&T Inc. (NYSE:T) rating on Friday, February 2. Bank of America has “Neutral” rating and $40 target. As per Wednesday, October 11, the company rating was maintained by KeyBanc Capital Markets. Oppenheimer maintained the stock with “Outperform” rating in Saturday, September 5 report. Cowen & Co maintained it with “Outperform” rating and $44 target in Wednesday, April 27 report. As per Tuesday, October 25, the company rating was upgraded by Independent Research. The rating was upgraded by HSBC to “Hold” on Monday, September 26.

Investors sentiment decreased to 0.91 in 2017 Q4. Its down 0.26, from 1.17 in 2017Q3. It turned negative, as 67 investors sold T shares while 714 reduced holdings. 125 funds opened positions while 589 raised stakes. 3.09 billion shares or 7.58% less from 3.34 billion shares in 2017Q3 were reported. Pineno Levin Ford Asset Mgmt Inc has 82,666 shares. Thompson Siegel Walmsley Limited Liability Corp reported 29,054 shares. Blume Capital holds 0.2% or 9,896 shares in its portfolio. Mckinley Mgmt Limited Liability Corp Delaware has 40,971 shares for 0.08% of their portfolio. Efg Asset Management (Americas) Corp invested in 0.3% or 21,311 shares. Mathes accumulated 63,850 shares or 1.14% of the stock. The Louisiana-based Orleans Cap La has invested 2.83% in AT&T Inc. (NYSE:T). North holds 1.06% of its portfolio in AT&T Inc. (NYSE:T) for 178,485 shares. Cap Advisors Ok holds 55,114 shares. Lucas Cap owns 109,061 shares. Winfield Assocs stated it has 5,317 shares or 0.1% of all its holdings. Columbia Asset Management, Michigan-based fund reported 64,420 shares. Augustine Asset Inc has 23,175 shares. 461,509 are held by Fiduciary. New Jersey Better Educational Savings owns 10,000 shares for 0.39% of their portfolio.

TriCo Bancshares (NASDAQ:TCBK) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *