Clover Partners LP Has Upped Sussex Bancorp (SBBX) Position By $5.69 Million; McGrath Rentcorp (MGRC) Covered By 1 Bulls

December 6, 2017 - By Darrin Black

Clover Partners Lp increased Sussex Bancorp (SBBX) stake by 143.78% reported in 2017Q2 SEC filing. Clover Partners Lp acquired 237,238 shares as Sussex Bancorp (SBBX)’s stock rose 9.69%. The Clover Partners Lp holds 402,238 shares with $9.79M value, up from 165,000 last quarter. Sussex Bancorp now has $157.44 million valuation. The stock decreased 2.07% or $0.56 during the last trading session, reaching $26.44. About 3,129 shares traded. Sussex Bancorp (NASDAQ:SBBX) has risen 89.35% since December 6, 2016 and is uptrending. It has outperformed by 72.65% the S&P500.

Among 3 analysts covering McGrath RentCorp (NASDAQ:MGRC), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. McGrath RentCorp had 4 analyst reports since November 4, 2015 according to SRatingsIntel. The rating was upgraded by Sidoti to “Buy” on Friday, January 8. KeyBanc Capital Markets downgraded McGrath Rentcorp (NASDAQ:MGRC) on Wednesday, November 4 to “Sector Weight” rating. On Thursday, August 3 the stock rating was maintained by Oppenheimer with “Hold”. Sidoti maintained it with “Buy” rating and $40 target in Wednesday, September 14 report. See McGrath Rentcorp (NASDAQ:MGRC) latest ratings:

03/08/2017 Broker: Oppenheimer Rating: Hold Maintain

McGrath RentCorp, a business to business rental company, rents and sells relocatable modular buildings, electronic test equipment, and liquid and solid containment tanks and boxes in the United States and internationally. The company has market cap of $1.13 billion. It operates through four divisions: Mobile Modular, TRS-RenTelco, Adler Tanks, and Enviroplex. It has a 26.94 P/E ratio. The Mobile Modular segment rents and sells modular buildings designed for use as classrooms, temporary offices adjacent to existing facilities, sales offices, construction field offices, restroom buildings, health care clinics, child care facilities, office space, and various other purposes; and portable storage containers.

Investors sentiment decreased to 1.28 in Q2 2017. Its down 0.15, from 1.43 in 2017Q1. It dived, as 10 investors sold McGrath Rentcorp shares while 36 reduced holdings. 16 funds opened positions while 43 raised stakes. 19.43 million shares or 1.00% more from 19.24 million shares in 2017Q1 were reported. Cornercap Invest Counsel Inc holds 17,625 shares or 0.1% of its portfolio. Legal & General Public Limited Co reported 0% of its portfolio in McGrath Rentcorp (NASDAQ:MGRC). Metropolitan Life has invested 0% in McGrath Rentcorp (NASDAQ:MGRC). Victory holds 0% or 19,775 shares in its portfolio. Credit Suisse Ag holds 20,678 shares. Lsv Asset Mgmt has invested 0% in McGrath Rentcorp (NASDAQ:MGRC). Manufacturers Life Insurance The reported 0% in McGrath Rentcorp (NASDAQ:MGRC). 1.46 million are held by Blackrock. Moreover, Morgan Stanley has 0% invested in McGrath Rentcorp (NASDAQ:MGRC). Voya Invest Ltd Company holds 0% of its portfolio in McGrath Rentcorp (NASDAQ:MGRC) for 13,121 shares. United Kingdom-based Mondrian Partners Limited has invested 0.07% in McGrath Rentcorp (NASDAQ:MGRC). Us Comml Bank De reported 0% in McGrath Rentcorp (NASDAQ:MGRC). Gabelli Funds Ltd Liability holds 0.02% of its portfolio in McGrath Rentcorp (NASDAQ:MGRC) for 94,000 shares. 176,300 are held by Bridgeway Cap Mgmt. Stewart Patten Limited Liability Corporation holds 0.09% or 13,200 shares.

The stock increased 0.50% or $0.24 during the last trading session, reaching $47.12. About 42,212 shares traded. McGrath Rentcorp (NASDAQ:MGRC) has risen 25.54% since December 6, 2016 and is uptrending. It has outperformed by 8.84% the S&P500.

Investors sentiment increased to 4 in Q2 2017. Its up 2.50, from 1.5 in 2017Q1. It improved, as 2 investors sold SBBX shares while 3 reduced holdings. 7 funds opened positions while 13 raised stakes. 6.35 million shares or 278.95% more from 1.67 million shares in 2017Q1 were reported. Highlander Limited Liability stated it has 0.03% of its portfolio in Sussex Bancorp (NASDAQ:SBBX). Captrust has invested 0% in Sussex Bancorp (NASDAQ:SBBX). Federated Invsts Pa owns 467 shares or 0% of their US portfolio. Rmb Capital Management Ltd Liability Corporation reported 0.15% in Sussex Bancorp (NASDAQ:SBBX). Moreover, Bridgeway Cap Management Incorporated has 0.02% invested in Sussex Bancorp (NASDAQ:SBBX). 52,000 were accumulated by Biondo Inv Advsr Ltd Co. Pnc Svcs Inc reported 28,754 shares. Stifel owns 0% invested in Sussex Bancorp (NASDAQ:SBBX) for 21,388 shares. Retail Bank Of America Corp De holds 0% or 208 shares. Hutchin Hill Capital Lp, New York-based fund reported 48,750 shares. 4,000 are owned by Catalyst Cap Advsrs Llc. Banc Funds Co Llc has 524,767 shares for 0.58% of their portfolio. The Texas-based Clover Prns Limited Partnership has invested 3.34% in Sussex Bancorp (NASDAQ:SBBX). Morgan Stanley owns 8,360 shares. Alliancebernstein LP holds 0% of its portfolio in Sussex Bancorp (NASDAQ:SBBX) for 145,980 shares.

Among 2 analysts covering Sussex Bancorp (NASDAQ:SBBX), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Sussex Bancorp had 5 analyst reports since January 14, 2016 according to SRatingsIntel. As per Monday, June 19, the company rating was maintained by Keefe Bruyette & Woods. The firm has “Buy” rating given on Tuesday, October 3 by Keefe Bruyette & Woods. Keefe Bruyette & Woods maintained the shares of SBBX in report on Thursday, July 27 with “Buy” rating. The firm has “Outperform” rating given on Thursday, January 14 by Keefe Bruyette & Woods. The rating was maintained by Hovde Group on Friday, July 29 with “Outperform”.

Since June 16, 2017, it had 6 insider buys, and 0 sales for $609,960 activity. $9,984 worth of Sussex Bancorp (NASDAQ:SBBX) was bought by Brady Patrick on Friday, June 16. 4,166 Sussex Bancorp (NASDAQ:SBBX) shares with value of $99,984 were bought by McBride Michael X. BRANCA RICHARD had bought 8,333 shares worth $199,992 on Friday, June 16. The insider LEPPERT EDWARD J bought 3,125 shares worth $75,000. $150,000 worth of stock was bought by LABOZZETTA ANTHONY J on Friday, June 16. On Friday, June 16 CARISTIA KATHERINE H bought $75,000 worth of Sussex Bancorp (NASDAQ:SBBX) or 3,125 shares.

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