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Monarch Capital Management Decreased Its Lakeland Financial (LKFN) Position by $648,768; Dr Pepper Snapple Group (DPS) Holder Matarin Capital Management Lifted Its Holding by $2.23 Million

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Monarch Capital Management Inc decreased its stake in Lakeland Financial (LKFN) by 6.59% based on its latest 2017Q4 regulatory filing with the SEC. Monarch Capital Management Inc sold 13,516 shares as the company’s stock declined 7.40% with the market. The institutional investor held 191,436 shares of the major banks company at the end of 2017Q4, valued at $9.28 million, down from 204,952 at the end of the previous reported quarter. Monarch Capital Management Inc who had been investing in Lakeland Financial for a number of months, seems to be less bullish one the $1.23B market cap company. The stock increased 0.41% or $0.2 during the last trading session, reaching $48.77. About 40,914 shares traded. Lakeland Financial Corporation (NASDAQ:LKFN) has risen 9.54% since May 17, 2017 and is uptrending. It has underperformed by 2.01% the S&P500.

Matarin Capital Management Llc increased its stake in Dr Pepper Snapple Group Inc. (DPS) by 0.06% based on its latest 2017Q4 regulatory filing with the SEC. Matarin Capital Management Llc bought 23 shares as the company’s stock rose 23.05% while stock markets declined. The institutional investor held 38,599 shares of the consumer non-durables company at the end of 2017Q4, valued at $3.75 billion, up from 38,576 at the end of the previous reported quarter. Matarin Capital Management Llc who had been investing in Dr Pepper Snapple Group Inc. for a number of months, seems to be bullish on the $21.45 billion market cap company. The stock decreased 0.28% or $0.34 during the last trading session, reaching $119.03. About 748,802 shares traded. Dr Pepper Snapple Group, Inc. (NYSE:DPS) has risen 21.65% since May 17, 2017 and is uptrending. It has outperformed by 10.10% the S&P500.

Matarin Capital Management Llc, which manages about $198.00 million and $1284.49B US Long portfolio, decreased its stake in Rex American Resources Corporation (NYSE:REX) by 16,995 shares to 86,624 shares, valued at $7.17 billion in 2017Q4, according to the filing. It also reduced its holding in Kforce Inc. (NASDAQ:KFRC) by 57,520 shares in the quarter, leaving it with 94,151 shares, and cut its stake in Union Bankshares Corporation (NASDAQ:UBSH).

Among 21 analysts covering Dr Pepper Snapple (NYSE:DPS), 10 have Buy rating, 0 Sell and 11 Hold. Therefore 48% are positive. Dr Pepper Snapple had 76 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Monday, September 7 by Zacks. The stock of Dr Pepper Snapple Group, Inc. (NYSE:DPS) earned “Hold” rating by Cowen & Co on Tuesday, January 30. RBC Capital Markets upgraded Dr Pepper Snapple Group, Inc. (NYSE:DPS) on Monday, March 19 to “Outperform” rating. The firm earned “Buy” rating on Wednesday, January 10 by Credit Suisse. The firm has “Hold” rating by Cowen & Co given on Monday, January 8. UBS maintained Dr Pepper Snapple Group, Inc. (NYSE:DPS) rating on Friday, October 23. UBS has “Neutral” rating and $89 target. Wells Fargo maintained the stock with “Buy” rating in Thursday, January 4 report. The company was downgraded on Tuesday, January 30 by Morgan Stanley. Stifel Nicolaus maintained it with “Buy” rating and $114.0 target in Thursday, August 31 report. The company was maintained on Friday, June 23 by Jefferies.

More important recent Dr Pepper Snapple Group, Inc. (NYSE:DPS) news were published by: Seekingalpha.com which released: “Buy Ecolab If It Goes Down – Cramer’s Lightning Round (4/17/18)” on April 18, 2018, also Investorplace.com published article titled: “7 Consumer Goods Stocks to Get Excited Over”, Streetinsider.com published: “JANA Shows New Stakes in Apple (AAPL), Boston Scientific (BSX), Dropbox (DBX), iQIYI (IQ) (more..) -13F” on May 15, 2018. More interesting news about Dr Pepper Snapple Group, Inc. (NYSE:DPS) was released by: Globenewswire.com and their article: “Research Report Identifies Arch Coal, Dr Pepper Snapple Group, Unum Group, Halliburton, Peabody Energy, and …” with publication date: May 07, 2018.

Since December 13, 2017, it had 2 insider buys, and 10 selling transactions for $1.11 million activity. On Monday, May 7 the insider Pruitt Kristin sold $58,200. KUBACKI MICHAEL L sold $1.03 million worth of stock. 1,400 Lakeland Financial Corporation (NASDAQ:LKFN) shares with value of $68,040 were sold by DE BATTY JILL A. Another trade for 5,350 shares valued at $262,150 was sold by DEARDORFF KEVIN L. $209,441 worth of Lakeland Financial Corporation (NASDAQ:LKFN) shares were sold by Gavin Michael E. WELCH M SCOTT had bought 25,000 shares worth $1.14M on Tuesday, February 6.

More recent Lakeland Financial Corporation (NASDAQ:LKFN) news were published by: Globenewswire.com which released: “Lakeland Financial Reports Record First Quarter Performance” on April 25, 2018. Also Nasdaq.com published the news titled: “Lake City Bank Named to KBW Bank Honor Roll of High Performing Banks for the 7th Consecutive Year” on April 26, 2018. Globenewswire.com‘s news article titled: “Lakeland Financial Corporation to Ring the Nasdaq Stock Market Closing Bell May 7” with publication date: May 04, 2018 was also an interesting one.

Monarch Capital Management Inc, which manages about $312.53M and $268.84M US Long portfolio, upped its stake in General Electric (NYSE:GE) by 19,402 shares to 199,592 shares, valued at $3.48M in 2017Q4, according to the filing.

Investors sentiment decreased to 0.78 in Q4 2017. Its down 0.24, from 1.02 in 2017Q3. It worsened, as 9 investors sold LKFN shares while 50 reduced holdings. 12 funds opened positions while 34 raised stakes. 17.67 million shares or 1.19% more from 17.46 million shares in 2017Q3 were reported. Metropolitan Life Insurance Com holds 0.01% of its portfolio in Lakeland Financial Corporation (NASDAQ:LKFN) for 7,885 shares. Swiss Bank & Trust holds 0% or 41,950 shares in its portfolio. Motley Fool Wealth Management Ltd has invested 0.35% of its portfolio in Lakeland Financial Corporation (NASDAQ:LKFN). Panagora Asset has 4,286 shares. Deutsche Fincl Bank Ag accumulated 82,172 shares. Stratos Wealth Partners reported 0% of its portfolio in Lakeland Financial Corporation (NASDAQ:LKFN). Virginia Retirement Et Al invested 0.01% in Lakeland Financial Corporation (NASDAQ:LKFN). Monarch Cap Mgmt invested in 191,436 shares. Los Angeles Cap Mngmt Equity Research holds 0% or 8,151 shares. Btim reported 0.19% in Lakeland Financial Corporation (NASDAQ:LKFN). Wedge Cap Management L Ltd Partnership Nc invested in 99,965 shares or 0.04% of the stock. Indiana Tru Mgmt holds 5,119 shares. Massachusetts Ma invested 0.01% in Lakeland Financial Corporation (NASDAQ:LKFN). Great West Life Assurance Can owns 0% invested in Lakeland Financial Corporation (NASDAQ:LKFN) for 3,900 shares. Tower Rech Cap Ltd Liability Corporation (Trc) holds 0% or 538 shares.

Analysts await Lakeland Financial Corporation (NASDAQ:LKFN) to report earnings on July, 24. They expect $0.74 EPS, up 23.33% or $0.14 from last year’s $0.6 per share. LKFN’s profit will be $18.71M for 16.48 P/E if the $0.74 EPS becomes a reality. After $0.71 actual EPS reported by Lakeland Financial Corporation for the previous quarter, Wall Street now forecasts 4.23% EPS growth.

Among 6 analysts covering Lakeland Financial (NASDAQ:LKFN), 0 have Buy rating, 0 Sell and 6 Hold. Therefore 0 are positive. Lakeland Financial had 9 analyst reports since July 28, 2015 according to SRatingsIntel. On Thursday, December 17 the stock rating was downgraded by Raymond James to “Mkt Perform”. Stephens downgraded the stock to “Equal-Weight” rating in Monday, June 13 report. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Thursday, December 21 report. DA Davidson initiated the shares of LKFN in report on Thursday, July 21 with “Neutral” rating. The firm has “Market Perform” rating by FIG Partners given on Tuesday, October 27. The company was maintained on Thursday, June 1 by Keefe Bruyette & Woods. Keefe Bruyette & Woods maintained the shares of LKFN in report on Wednesday, November 29 with “Hold” rating. The stock of Lakeland Financial Corporation (NASDAQ:LKFN) has “Market Perform” rating given on Tuesday, August 9 by Wood.

Lakeland Financial Corporation (NASDAQ:LKFN) Institutional Positions Chart

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