Economy

TriCo Bancshares (TCBK) EPS Estimated At $0.55

About 59,130 shares traded or 10.69% up from the average. It has outperformed by 5.75% the S&P500. Research Firm Zacks boosted TriCo Bancshares from a "hold" recommendation to a "buy" recommendation and fixed a $41.00 price target for The corporation in a study report on early Wed, Aug 2nd. The 7 months bullish chart indicates low risk for the $878.72M company. It was reported on Sep, 27 by Barchart.com. We have $41.81 PT which if reached, will make NASDAQ:TCBK worth $54.25M more. About 29,265 shares traded. TriCo Bancshares also announced a dividend that was paid on Friday the 30th of June 2017. It has outperformed by 14.08% the S&P500. They expect $1.15 EPS, up 6.48% or $0.07 from last year's $1.08 per share. NTRS's profit will be $262.72 million for 19.88 P/E if the $1.15 EPS becomes a reality. Acadian Asset Management Ltd Llc accumulated 2,403 shares. It also upped Cno Finl Group Inc stake by 270,140 shares and now owns 388,541 shares.

Ubs Group Ag added to its stake by buying 1,344 shares an increase of 65.5% in the quarter. It is positive, as 29 investors sold NTRS shares while 170 reduced holdings. Zurcher Kantonalbank (Zurich Cantonalbank) reported 43,316 shares. Bessemer Gru, New Jersey-based fund reported 34,300 shares. Ameriprise Financial Inc invested 0.1% in Northern Trust Corporation (NASDAQ:NTRS). Basswood Mgmt Ltd Company stated it has 137,982 shares or 0.24% of all its holdings.

Since May 5, 2017, it had 0 insider purchases, and 5 selling transactions for $26.84 million activity. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company. Therefore 38% are positive. Northern Trust Corporation had 46 analyst reports since August 6, 2015 according to SRatingsIntel. The consensus rating is 2.7, suggesting the market has given up on the stock. Piper Jaffray initiated CIGNA Corporation (NYSE:CI) on Wednesday, January 4 with "Overweight" rating. Deutsche Bank maintained the shares of NTRS in report on Thursday, July 20 with "Hold" rating. The count of Hold ratings in that period was 3.

Among 4 analysts covering Felcor Lodging Trust (NYSE:FCH), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 33% are positive. TriCo Bancshares had 3 analyst reports since January 29, 2016 according to SRatingsIntel. On Friday, July 29 the stock rating was downgraded by Keefe Bruyette & Woods to "Market Perform".

Investors sentiment increased to 1.39 in 2017 Q2. Its up 0.16, from 1.23 in 2017Q1.

The stock increased +0.41% (+0.15) during the last days session, reaching 37.07 and roughly 32792 shares were bought or sold by traders. O Shaughnessy Asset Management LLC raised its stake in TriCo Bancshares by 24.3% in the fourth quarter. Barclays Pcl holds 0% or 617 shares. Schwab Charles Investment Management has an ownership of 79,424 stocks of the financial services provider's shares valued $2,822,000 following acquiring an extra 3,933 shares through out the previous quarter, hedge fund investors and investment firms has an ownership of 68.87% of the firms stock. Renaissance Technologies Limited Liability Company reported 0.02% stake. Vanguard Inc invested 0% in TriCo Bancshares (NASDAQ:TCBK). Moreover, Da Davidson Company has 0% invested in TriCo Bancshares (NASDAQ:TCBK).

TriCo Bancshares (NASDAQ:TCBK) last issued its earnings results on Monday, January 30th. Moreover, Inv Counselors Of Maryland Ltd Liability Com has 1.04% invested in TriCo Bancshares (NASDAQ:TCBK). The number of shares now owned by investors are 24.52 mln. As of the last earnings report the EPS was $2.17 and is projected to be $2.19 for the current year with 22,925,000 shares now outstanding. Following the completion of the sale, the executive vice president now owns 18,294 shares in the company, valued at $658,584. TriCo Bancshares now has a average recommendation of "Hold" and an average price objective of $39.00. The company has market cap of $863.36 million. The Company's principal subsidiary is Tri Counties Bank, a California-chartered commercial bank (the Bank). It has a 17.62 P/E ratio.



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