Basswood Capital Management Lowered Its Bryn Mawr Bk (BMTC) Position; Diamond Hill Investment Group (DHIL)’s Sentiment Is 1.79

November 15, 2017 - By Maria Brooks

Basswood Capital Management Llc decreased Bryn Mawr Bk Corp (BMTC) stake by 53.26% reported in 2017Q2 SEC filing. Basswood Capital Management Llc sold 370,555 shares as Bryn Mawr Bk Corp (BMTC)’s stock declined 2.39%. The Basswood Capital Management Llc holds 325,257 shares with $13.82M value, down from 695,812 last quarter. Bryn Mawr Bk Corp now has $734.01M valuation. It closed at $43.05 lastly. It is down 41.55% since November 15, 2016 and is uptrending. It has outperformed by 24.85% the S&P500.

Diamond Hill Investment Group, Inc. provides investment advisory and fund administration services. The company has market cap of $711.20 million. The Company’s subsidiaries include Diamond Hill Capital Management, Inc. , Beacon Hill Fund Services, Inc. (BHFS) and BHIL Distributors, Inc. (BHIL). It has a 13.65 P/E ratio. The Company’s primary objective is to fulfill its fiduciary duty to clients.

Motley Fool Asset Management Llc holds 1.2% of its portfolio in Diamond Hill Investment Group, Inc. for 29,023 shares. Grandeur Peak Global Advisors Llc owns 26,675 shares or 0.77% of their US portfolio. Moreover, Amica Mutual Insurance Co has 0.67% invested in the company for 37,000 shares. The Rhode Island-based Amica Pension Fund Board Of Trustees has invested 0.67% in the stock. Amica Retiree Medical Trust, a Rhode Island-based fund reported 4,135 shares.

Since January 1, 0001, it had 0 insider buys, and 3 sales for $1.11 million activity.

It closed at $205 lastly. It is down 16.29% since November 15, 2016 and is uptrending. It has underperformed by 0.41% the S&P500.

Among 4 analysts covering Bryn Mawr Bank (NASDAQ:BMTC), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Bryn Mawr Bank has $48.0 highest and $34 lowest target. $41’s average target is -4.76% below currents $43.05 stock price. Bryn Mawr Bank had 8 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was upgraded by Boenning \u0026 Scattergood to “Outperform” on Monday, July 24. The firm has “Buy” rating given on Friday, October 20 by Keefe Bruyette & Woods. Keefe Bruyette & Woods maintained the shares of BMTC in report on Tuesday, October 3 with “Buy” rating. The firm earned “Buy” rating on Monday, June 26 by Keefe Bruyette & Woods. The company was downgraded on Tuesday, January 10 by FIG Partners. The firm has “Sell” rating by Zacks given on Monday, August 31. The company was maintained on Friday, July 21 by Keefe Bruyette & Woods.

Basswood Capital Management Llc increased Aercap Holdings Nv (NYSE:AER) stake by 188,054 shares to 783,136 valued at $36.36 million in 2017Q2. It also upped Pulte Group Inc (NYSE:PHM) stake by 28,486 shares and now owns 298,671 shares. Zions Bancorporation (NASDAQ:ZION) was raised too.

Analysts await Bryn Mawr Bank Corp. (NASDAQ:BMTC) to report earnings on January, 18. They expect $0.65 earnings per share, up 18.18% or $0.10 from last year’s $0.55 per share. BMTC’s profit will be $11.08 million for 16.56 P/E if the $0.65 EPS becomes a reality. After $0.62 actual earnings per share reported by Bryn Mawr Bank Corp. for the previous quarter, Wall Street now forecasts 4.84% EPS growth.

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