$0.00 EPS Expected for Tantech Holdings Ltd (TANH), Mount Lucas Management LP Has Boosted Its Banc Of California (BANC) Stake

July 3, 2017 - By Stephen Andrade

Analysts expect Tantech Holdings Ltd (NASDAQ:TANH) to report $0.00 EPS on August, 7. It is down 31.86% since July 3, 2016 and is downtrending. It has underperformed by 48.56% the S&P500.

Mount Lucas Management Lp increased Banc Of California Inc (BANC) stake by 73.55% reported in 2016Q4 SEC filing. Mount Lucas Management Lp acquired 44,241 shares as Banc Of California Inc (BANC)’s stock rose 1.76%. The Mount Lucas Management Lp holds 104,393 shares with $1.81 million value, up from 60,152 last quarter. Banc Of California Inc now has $1.11B valuation. The stock rose 4.31% or $0.92 reaching $22.4 per share. About 311,707 shares traded. Banc of California Inc (NYSE:BANC) has risen 6.54% since July 3, 2016 and is uptrending. It has underperformed by 10.16% the S&P500.

Among 7 analysts covering Banc of California (NYSE:BANC), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Banc of California had 13 analyst reports since November 9, 2015 according to SRatingsIntel. Raymond James upgraded Banc of California Inc (NYSE:BANC) on Wednesday, May 4 to “Outperform” rating. The firm has “Buy” rating given on Thursday, October 20 by DA Davidson. FBR Capital upgraded Banc of California Inc (NYSE:BANC) rating on Thursday, January 26. FBR Capital has “Outperform” rating and $22 target. The firm earned “Mkt Perform” rating on Monday, November 9 by Raymond James. As per Monday, May 2, the company rating was initiated by Wells Fargo. The rating was maintained by FBR Capital on Thursday, October 20 with “Mkt Perform”. The rating was upgraded by Wells Fargo to “Outperform” on Tuesday, April 11. On Friday, May 5 the stock rating was downgraded by Wood to “Market Perform”. The firm earned “Mkt Perform” rating on Friday, July 1 by FBR Capital. FBR Capital maintained Banc of California Inc (NYSE:BANC) rating on Thursday, May 4. FBR Capital has “Outperform” rating and $24 target.

Mount Lucas Management Lp decreased Becton Dickinson And Co (NYSE:BDX) stake by 2,576 shares to 13,927 valued at $2.31M in 2016Q4. It also reduced Northrop Grumman Corp (NYSE:NOC) stake by 2,161 shares and now owns 11,543 shares. Illinois Tool Works (NYSE:ITW) was reduced too.

Investors sentiment decreased to 0.95 in 2016 Q4. Its down 0.20, from 1.15 in 2016Q3. It turned negative, as 51 investors sold BANC shares while 49 reduced holdings. 34 funds opened positions while 61 raised stakes. 47.68 million shares or 4.91% more from 45.45 million shares in 2016Q3 were reported. California State Teachers Retirement Sys stated it has 0% in Banc of California Inc (NYSE:BANC). Mason Street Advsr Limited Com holds 0.01% of its portfolio in Banc of California Inc (NYSE:BANC) for 10,823 shares. Hbk Invests Lp reported 78,950 shares stake. Clarivest Asset Management Limited Liability invested in 0.09% or 201,834 shares. Quantbot LP holds 0.01% or 5,935 shares in its portfolio. Menta Capital Ltd reported 42,726 shares. Signalpoint Asset Mngmt Ltd Llc, a Missouri-based fund reported 27,088 shares. Allianz Asset Management Ag reported 990,890 shares. Comerica State Bank, Michigan-based fund reported 52,747 shares. 67,875 were accumulated by Rhumbline Advisers. Proshare Advsrs Limited Liability, Maryland-based fund reported 13,890 shares. Profund Ltd Com reported 0.01% of its portfolio in Banc of California Inc (NYSE:BANC). Geode Cap Mngmt Lc accumulated 0% or 360,068 shares. 82,347 were accumulated by Legal And General Grp Plc. Blackrock Advisors Limited Liability Corp stated it has 0% of its portfolio in Banc of California Inc (NYSE:BANC).

Since March 6, 2017, it had 0 buys, and 3 selling transactions for $995,352 activity. 14,979 Banc of California Inc (NYSE:BANC) shares with value of $307,070 were sold by Grosvenor John C.. The insider Seabold Jeffrey T sold $500,367.