Economy

Independent Bank Corp. (NASDAQ:INDB) Shares Sold by First Trust Advisors LP

Therefore 18% are positive. CullenFrost had 54 analyst reports since July 30, 2015 according to SRatingsIntel. Five research analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. As per Friday, October 7, the company rating was upgraded by JP Morgan. As per Wednesday, November 18, the company rating was initiated by Goldman Sachs. The firm has "Buy" rating given on Monday, February 6 by Instinet. The firm has "Buy" rating given on Wednesday, August 26 by Zacks. Prudential Fin Inc holds 0% or 48,956 shares. Compass Point upgraded shares of Independent Bank Corp. from a "neutral" rating to a "buy" rating and set a $72.00 target price on the stock in a research note on Friday, July 21st. The Company owns all of the outstanding stock of Independent Bank (the Bank). Panagora Asset stated it has 0.01% in Independent Bank Corp (NASDAQ:INDB). It has outperformed by 47.36% the S&P500.

Kite Pharma, Inc.is a clinical-stage biopharmaceutical company. The stock has a market cap of $1.59 billion, a PE ratio of 19.147 and a beta of 1.27. The Firm offers engineered autologous cell therapy, which is an approach to the treatment of cancer. Independent Bank Group Inc (NASDAQ:IBTX) has risen 64.06% since September 19, 2016 and is uptrending. It has outperformed by 109.09% the S&P500. Levels above -20 may indicate the stock may be considered is overbought. Shares for $2.29 million were sold by MCGIMPSEY THOMAS O. The insider DOUMANI ROY sold 15,000 shares worth $1.27 million. $409,798 worth of Kite Pharma Inc (NASDAQ:KITE) was sold by BUTITTA CYNTHIA M. $1.79M worth of stock was sold by Ruchefsky Steven B on Wednesday, June 14. 6,103 shares were sold by Nadeau Gerard F, worth $388,811.

Investors sentiment increased to 1.67 in 2016 Q4.

Ternium S.A. (NYSE:TX) tinted gains of +1.14% (+0.36 points) to US$31.98.

Investors are paying close attention to shares of SHRIRAM TRANSPORT FINANCE CO.LTD. (SRTRANSFIN.BO).

Several hedge funds and other institutional investors have recently made changes to their positions in IBCP. Aperio Group Ltd Com has 0% invested in Kite Pharma Inc (NASDAQ:KITE). As of quarter end Perkins Investment Management, LLC had bought a total of 88,057 shares growing its holdings by 14.7%. In the last earnings report the EPS was $2.94 and is projected to be $3.33 for the current year with 27,437,000 shares now outstanding. Beaumont Fincl Prtn Llc holds 0.03% or 3,298 shares in its portfolio. Morgan Stanley invested 0% in Independent Bank Corporation (MI) (NASDAQ:IBCP). Barclays Public Limited Liability Corporation has 0% invested in Kite Pharma Inc (NASDAQ:KITE). Spark Investment Management LLC reduced its investment by selling 8,500 shares a decrease of 36.3%. Principal Financial Inc has invested 0.01% in Kite Pharma Inc (NASDAQ:KITE). The volume of 0.27 Million shares climbed down over an trading activity of 361.23 Million shares.

Independent Bank Group, Inc (NASDAQ:IBTX)'s stock had its "buy" rating reissued by equities research analysts at Piper Jaffray Companies in a note issued to investors on Friday, September 1st. Therefore 17% are positive.

Independent Bank Corp.is a bank holding company. The stock has an average rating of "Hold" and a consensus price target of $70.25. Independent Bank Corporation had 8 analyst reports since July 29, 2015 according to SRatingsIntel.

DA Davidson initiated coverage on IBCP setting a rating of "Neutral". Its up 0.30, from 1.37 in 2016Q3. 55 funds opened positions while 77 raised stakes. 110,871 shares of the company's stock were exchanged.

D E Shaw, a New York-based fund reported 40,219 shares. TheStreet upgraded Independent Bank Corporation (MI) (NASDAQ:IBCP) on Thursday, August 20 to "Hold" rating. Amer Intl Group Incorporated accumulated 0% or 12,605 shares.

Independent Bank Corp., launched on June 20, 1985, is a bank holding company.

Independent Bank Corp. had a net margin of 23.17% and a return on equity of 9.70%. Wells Fargo Mn has 52,333 shares for 0% of their portfolio.

TRADEMARK VIOLATION WARNING: "Independent Bank Corporation (IBCP) Earns News Sentiment Score of 0.18" was first published by Week Herald and is the property of of Week Herald. Dreman Value L L C reported 73 shares. Catalyst Capital Advisors LLC now owns 24,000 shares valued at $522,000. BNP Paribas Arbitrage SA grew its position in Independent Bank Group by 2,892.1% during the 2nd quarter.

Since May 1, 2017, it had 0 insider purchases, and 1 sale for $67,257 activity. The shares were sold at an average price of $61.78, for a total value of $185,340.00.



Like this

Latest


22 September 2017
Project CARS 2 Is Scheduled For Launch
You'll be able to sit behind the wheel of some gorgeous cars starting on September 22nd. It features a ton of racing action, incredible cars and fantastic environments.

22 September 2017
Interactive Brokers Group, Inc. (NASDAQ:IBKR) Under Analyst Spotlight
Gamble Jones Investment Counsel decreased Interactive Brokers Group Inc (IBKR) stake by 23.38% reported in 2017Q2 SEC filing. The indicator is non-directional meaning that it gauges trend strength whether the stock price is trending higher or lower.

22 September 2017
What Do Analysts Suggest For BioCryst Pharmaceuticals, Inc. (BCRX)
Also 247Wallst.com published the news titled: " BioCryst Pharma Sees Brief Surge on Mid-Stage Trial Win" on September 05, 2017. Finally, Pacad Investment Ltd. bought a new position in BioCryst Pharmaceuticals during the second quarter worth $196,000.

22 September 2017
Fed asset-shrinking to start next month; rate hike seen in '17
Investors are eagerly expecting the Federal Reserve to announce the first steps toward unwinding its $4.5 trillion balance sheet. That figure would inch up by $10 billion each quarter until it reaches $50 billion in monthly reductions in October 2018.

22 September 2017
Banks could decide KPMG future in South Africa
Moses Kgosana, the former CEO of KPMG's South African unit, resigned as chairman of Imperial's audit committee two weeks ago. Veihmeyer this week apologized for "what went wrong in KPMG South Africa" before requesting the meeting with Gordhan.

22 September 2017
Ex-Div Reminder for Convergys (CVG)
The expected CVG's profit could reach $41.05M giving the stock 14.25 P/E in the case that $0.44 earnings per share is reported. Fort Washington Investment Advisors Inc sold 1.62M shares as the company's stock declined 2.20% while stock markets rallied.

22 September 2017
Brokers Issue New Targets On Pan American Silver Corp. (NASDAQ:PAAS)
(NASDAQ: PAAS ) (TSE:PAAS) by 61.1% during the second quarter, according to its most recent Form 13F filing with the SEC. COPYRIGHT VIOLATION WARNING: This article was reported by StockNewsTimes and is the sole property of of StockNewsTimes.

22 September 2017
Tim Tebow brings meals, smiles to Irma victims
Tim Tebow , a Heisman Trophy victor for the Florida Gators, will join Senator Marco Rubio on Big Pine Key starting Thursday. Tebow posed for pictures and signed autographs before the luncheon was held.

22 September 2017
(NYSE:NRZ) Under Analyst Spotlight
Four equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. Penserra Capital Management LLC lifted its stake in shares of New Residential Investment Corp.by 73.2% during the 1st quarter.

22 September 2017
United Technologies Corp (NYSE:UTX) Quarterly Sentiment Report
Finally, HSBC Holdings plc assumed coverage on shares of United Technologies Corporation in a research note on Monday, June 12th. The investment managers in our partner's database now have: 623.51 million shares, down from 629.95 million shares in 2016Q3.



Recommended