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Golden Ocean Group Limited (GOGL) Reaches $8.96 After 7.00% Up Move; 0 Analysts Covering Southside Bancshares, Inc. (SBSI)

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Among 5 analysts covering Southside Bancshares (NASDAQ:SBSI), 0 have Buy rating, 0 Sell and 5 Hold. Therefore 0 are positive. Southside Bancshares had 10 analyst reports since July 28, 2015 according to SRatingsIntel. Piper Jaffray maintained it with “Hold” rating and $37.0 target in Friday, October 27 report. Keefe Bruyette & Woods maintained the shares of SBSI in report on Thursday, June 1 with “Hold” rating. Keefe Bruyette & Woods maintained it with “Hold” rating and $37.0 target in Tuesday, October 3 report. The company was maintained on Monday, August 28 by Keefe Bruyette & Woods. Piper Jaffray maintained the stock with “Hold” rating in Tuesday, February 6 report. Keefe Bruyette & Woods maintained Southside Bancshares, Inc. (NASDAQ:SBSI) on Thursday, December 21 with “Hold” rating. Piper Jaffray initiated the stock with “Hold” rating in Friday, September 22 report. See Southside Bancshares, Inc. (NASDAQ:SBSI) latest ratings:

06/02/2018 Broker: Piper Jaffray Rating: Hold New Target: $38.0 Maintain
21/12/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $38.0 Maintain

The stock of Golden Ocean Group Limited (NASDAQ:GOGL) is a huge mover today! The stock increased 2.17% or $0.19 during the last trading session, reaching $8.96. About 170,542 shares traded or 0.47% up from the average. Golden Ocean Group Limited (NASDAQ:GOGL) has risen 32.79% since June 14, 2017 and is uptrending. It has outperformed by 20.22% the S&P500. Some Historical GOGL News: ; 19/04/2018 – REG-GOGL – Buyback of 3.07% Golden Ocean Group Limited Convertible Bond Issue 2014/2019 – ISIN NO 001 0701055; 20/03/2018 – GOGL – Filing of 2017 Annual Report on Form 20-F; 30/05/2018 – GOLDEN OCEAN GROUP LTD GOGL.O – ANY DECISION OF DIVIDENDS GOING FORWARD WILL DEPEND ON A VARIETY OF FACTORS, INCLUDING OPERATING CASH FLOW, AND CAPITAL WILL BE ALLOCATED TO A COMBINATION OF CONTINUE…; 03/05/2018 – Golden Ocean Closes Above 50-Day Moving Average: Technicals; 30/05/2018 – GOLDEN OCEAN GROUP LTD GOGL.O – THE START OF THE SECOND QUARTER WAS WEAKER FOR THE CAPESIZE MARKET AND THIS WILL IMPACT THE SECOND QUARTER RESULTS; 23/03/2018 – GOLDEN OCEAN GROUP LTD GOGL.O : JP MORGAN RAISES TARGET PRICE TO $11.5 FROM $11; 30/05/2018 – GOLDEN OCEAN GROUP LTD GOGL.O : FLEET UTILIZATION IN THE MARKET HAS CONTINUED TO IMPROVE AS PREVIOUSLY EXPECTED; 30/05/2018 – GOLDEN OCEAN GROUP LTD GOGL.O – ANY DECISION OF DIVIDENDS GOING FORWARD WILL DEPEND ON A VARIETY OF FACTORS, INCLUDING OPERATING CASH FLOW, AND CAPITAL WILL BE ALLOCATED TO A COMBINATION OF CONTINUED; 30/05/2018 – REG-GOGL – First Quarter 2018 Results; 19/04/2018 – GOGL – Buyback of 3.07% Golden Ocean Group Limited Convertible Bond Issue 2014/2019 – ISIN NO 001 0701055The move comes after 6 months positive chart setup for the $1.29 billion company. It was reported on Jun, 14 by Barchart.com. We have $9.59 PT which if reached, will make NASDAQ:GOGL worth $90.44 million more.

The stock decreased 0.64% or $0.22 during the last trading session, reaching $34.26. About 55,170 shares traded. Southside Bancshares, Inc. (NASDAQ:SBSI) has risen 1.82% since June 14, 2017 and is uptrending. It has underperformed by 10.75% the S&P500. Some Historical SBSI News: ; 06/03/2018 Rep. Moore: Rep. Moore Calls for Investigation into Southside SSA Office Closure; 02/05/2018 – Southside Market & Barbeque Announces New Location; 21/05/2018 – Lehigh University, EdR Celebrate Groundbreaking of SouthSide Commons; 12/03/2018 – Rhode Island DoA: Southside Elementary Charter School Mon, 3/12/2018, 5:30 PM; 08/03/2018 – WA State Auditor: Seattle Southside Regional Tourism Authority Financial 3/8/2018 3/8/2018; 20/03/2018 – Ovolo Southside brings a unique theatrical experience to visitors with HKAPA; 09/03/2018 – Rep. Moore: Investigation Opened into Southside SSA Office Closure; 24/04/2018 – Virginia AG: April 24, 2018 – Drug Takeback Day Events to Be Held Across Southside Virginia

Since December 15, 2017, it had 3 insider buys, and 0 sales for $120,767 activity. Garrett John Robert bought $4,503 worth of stock. On Friday, December 15 Boyd Peter M sold $26,394 worth of Southside Bancshares, Inc. (NASDAQ:SBSI) or 750 shares. $113,360 worth of Southside Bancshares, Inc. (NASDAQ:SBSI) was bought by SHAMBURGER JULIE.

Investors sentiment increased to 1.41 in 2018 Q1. Its up 0.22, from 1.19 in 2017Q4. It is positive, as 7 investors sold Southside Bancshares, Inc. shares while 34 reduced holdings. 18 funds opened positions while 40 raised stakes. 15.38 million shares or 5.65% more from 14.56 million shares in 2017Q4 were reported. Ohio-based Stratos Wealth Prtn Ltd has invested 0% in Southside Bancshares, Inc. (NASDAQ:SBSI). Citadel Advsrs Limited Liability Com, Illinois-based fund reported 53,076 shares. Fisher Asset Mngmt Limited Liability reported 0% in Southside Bancshares, Inc. (NASDAQ:SBSI). State Board Of Administration Of Florida Retirement holds 24,659 shares. Schwab Charles Investment Mngmt owns 0% invested in Southside Bancshares, Inc. (NASDAQ:SBSI) for 141,459 shares. 65,566 were reported by Rhumbline Advisers. Royal Bank & Trust Of Canada invested in 0% or 55,409 shares. Captrust Finance Advisors invested 0% of its portfolio in Southside Bancshares, Inc. (NASDAQ:SBSI). Tennessee-based Ftb Advsr Inc has invested 0% in Southside Bancshares, Inc. (NASDAQ:SBSI). Millennium Ltd Com reported 0.01% in Southside Bancshares, Inc. (NASDAQ:SBSI). Teacher Retirement Systems Of Texas reported 6,222 shares. Victory Cap Management has 0% invested in Southside Bancshares, Inc. (NASDAQ:SBSI). Blackrock holds 0.01% or 3.61M shares in its portfolio. Alliancebernstein Lp holds 35,058 shares or 0% of its portfolio. Voya Investment holds 14,586 shares or 0% of its portfolio.

Southside Bancshares, Inc. operates as a bank holding firm for Southside Bank that provides a range of financial services to individuals, businesses, municipal entities, and nonprofit organizations. The company has market cap of $1.20 billion. The Company’s deposit products include savings, money market, and interest and noninterest bearing checking accounts, as well as certificates of deposit. It has a 18.93 P/E ratio. The companyÂ’s loan portfolio comprises consumer loans that include 1-4 family residential loans, home equity loans, home improvement loans, automobile loans, and other installment loans; commercial loans, such as short-term working capital loans for inventory and accounts receivable, short and medium-term loans for equipment or other business capital expansion, commercial real estate loans, and municipal loans; and construction loans for 1-4 family residential and commercial real estate.

Analysts await Golden Ocean Group Limited (NASDAQ:GOGL) to report earnings on August, 16. They expect $0.03 earnings per share, up 130.00% or $0.13 from last year’s $-0.1 per share. GOGL’s profit will be $4.33M for 74.67 P/E if the $0.03 EPS becomes a reality. After $0.12 actual earnings per share reported by Golden Ocean Group Limited for the previous quarter, Wall Street now forecasts -75.00% negative EPS growth.

Among 7 analysts covering Golden Ocean Group (NASDAQ:GOGL), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Golden Ocean Group had 20 analyst reports since September 1, 2015 according to SRatingsIntel. The stock of Golden Ocean Group Limited (NASDAQ:GOGL) has “Underweight” rating given on Tuesday, December 15 by Morgan Stanley. On Thursday, April 6 the stock rating was upgraded by DNB Markets to “Buy”. On Thursday, May 31 the stock rating was maintained by JP Morgan with “Overweight”. The firm has “Buy” rating by Zacks given on Tuesday, September 1. The firm earned “Equal-Weight” rating on Monday, February 12 by Morgan Stanley. Pareto upgraded the stock to “Buy” rating in Wednesday, March 15 report. The stock of Golden Ocean Group Limited (NASDAQ:GOGL) has “Neutral” rating given on Tuesday, February 9 by Clarkson Capital. The company was upgraded on Monday, March 7 by DNB Markets. The stock of Golden Ocean Group Limited (NASDAQ:GOGL) has “Equal-Weight” rating given on Wednesday, February 21 by Morgan Stanley. The firm earned “Neutral” rating on Thursday, October 15 by JP Morgan.

More important recent Golden Ocean Group Limited (NASDAQ:GOGL) news were published by: Nasdaq.com which released: “GOGL – First Quarter 2018 Results” on May 30, 2018, also Benzinga.com published article titled: “23 Stocks Moving In Thursday’s Pre-Market Session”, Seekingalpha.com published: “Golden Ocean Group Limited (GOGL) CEO Birgitte Vartdal on Q1 2018 Results – Earnings Call Transcript” on May 30, 2018. More interesting news about Golden Ocean Group Limited (NASDAQ:GOGL) was released by: Globenewswire.com and their article: “Factors of Influence in 2018, Key Indicators and Opportunity within Southern Missouri, Marlin Business Services …” with publication date: June 05, 2018.

Golden Ocean Group Limited, a shipping company, engages in the transportation of bulk commodities worldwide. The company has market cap of $1.29 billion. It owns and operates a fleet of dry bulk vessels, including Newcastlemax, Capesize, Kamsarmax, Panamax, and Supramax vessels. It currently has negative earnings. The firm transports bulk commodities, such as ores, coal, grains, and fertilizers along worldwide shipping routes.

Southside Bancshares, Inc. (NASDAQ:SBSI) Institutional Positions Chart

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