$1.99 EPS Expected for SYNNEX (SNX); Maltese Capital Management Has Decreased Mutualfirst Finl (MFSF) Stake By $4.79 Million

September 10, 2017 - By Kurt Siggers

Analysts expect SYNNEX Corporation (NYSE:SNX) to report $1.99 EPS on September, 25.They anticipate $0.26 EPS change or 15.03% from last quarter’s $1.73 EPS. SNX’s profit would be $79.53 million giving it 13.99 P/E if the $1.99 EPS is correct. After having $2.08 EPS previously, SYNNEX Corporation’s analysts see -4.33% EPS growth. The stock increased 0.29% or $0.32 on September 8, reaching $111.35. About 148,828 shares traded. SYNNEX Corporation (NYSE:SNX) has risen 29.93% since September 10, 2016 and is uptrending. It has outperformed by 13.23% the S&P500.

Maltese Capital Management Llc decreased Mutualfirst Finl Inc (MFSF) stake by 39.95% reported in 2016Q4 SEC filing. Maltese Capital Management Llc sold 145,092 shares as Mutualfirst Finl Inc (MFSF)’s stock rose 4.29%. The Maltese Capital Management Llc holds 218,100 shares with $7.22M value, down from 363,192 last quarter. Mutualfirst Finl Inc now has $259.83 million valuation. The stock increased 0.36% or $0.12 on September 8, reaching $35.2. About 17,284 shares traded or 21.28% up from the average. MutualFirst Financial, Inc. (NASDAQ:MFSF) has risen 21.64% since September 10, 2016 and is uptrending. It has outperformed by 4.94% the S&P500.

Maltese Capital Management Llc increased Centerstate Banks Inc (NASDAQ:CSFL) stake by 19,900 shares to 560,800 valued at $14.12M in 2016Q4. It also upped Community Bankers Tr Corp (NASDAQ:ESXB) stake by 270,100 shares and now owns 882,100 shares. Cnb Finl Corp Pa (NASDAQ:CCNE) was raised too.

Investors sentiment increased to 1.41 in Q4 2016. Its up 0.22, from 1.19 in 2016Q3. It increased, as 1 investors sold MFSF shares while 10 reduced holdings. 7 funds opened positions while 21 raised stakes. 3.33 million shares or 0.48% less from 3.35 million shares in 2016Q3 were reported. Bridgeway Cap Mngmt, a Texas-based fund reported 71,466 shares. Blackrock Institutional Na invested in 0% or 76,528 shares. James Investment has invested 0.03% in MutualFirst Financial, Inc. (NASDAQ:MFSF). Jpmorgan Chase And Company invested in 10,700 shares. Ancora Limited Liability reported 383,925 shares. 8,479 are owned by Goldman Sachs Gru. Tower Llc (Trc) owns 0% invested in MutualFirst Financial, Inc. (NASDAQ:MFSF) for 417 shares. Washington National Bank has 0% invested in MutualFirst Financial, Inc. (NASDAQ:MFSF). California Pub Employees Retirement Systems owns 0% invested in MutualFirst Financial, Inc. (NASDAQ:MFSF) for 27,574 shares. Wells Fargo Mn reported 2,990 shares. Lsv Asset Management reported 500 shares. Minerva Advsrs Ltd Limited Liability Company accumulated 0.58% or 30,926 shares. Blackrock Inc stated it has 0% in MutualFirst Financial, Inc. (NASDAQ:MFSF). Dimensional Fund Advsr LP reported 381,428 shares stake. Morgan Stanley accumulated 0% or 23,861 shares.

Among 2 analysts covering Mutualfirst Financial Inc (NASDAQ:MFSF), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Mutualfirst Financial Inc has $3200 highest and $25 lowest target. $32’s average target is -9.09% below currents $35.2 stock price. Mutualfirst Financial Inc had 4 analyst reports since October 27, 2015 according to SRatingsIntel. DA Davidson initiated the shares of MFSF in report on Thursday, July 21 with “Underperform” rating. The stock of MutualFirst Financial, Inc. (NASDAQ:MFSF) has “Neutral” rating given on Wednesday, July 26 by DA Davidson. The stock of MutualFirst Financial, Inc. (NASDAQ:MFSF) earned “Hold” rating by Keefe Bruyette & Woods on Thursday, June 1.

Investors sentiment decreased to 1.14 in Q4 2016. Its down 0.44, from 1.58 in 2016Q3. It worsened, as 28 investors sold SYNNEX Corporation shares while 85 reduced holdings. 26 funds opened positions while 62 raised stakes. 28.31 million shares or 4.26% less from 29.57 million shares in 2016Q3 were reported. Los Angeles Capital Mgmt & Equity stated it has 0.02% in SYNNEX Corporation (NYSE:SNX). Profund Advsrs Limited Liability Corporation holds 0.04% of its portfolio in SYNNEX Corporation (NYSE:SNX) for 6,809 shares. Panagora Asset Management Incorporated accumulated 0.01% or 19,933 shares. Thomson Horstmann & Bryant has 0.1% invested in SYNNEX Corporation (NYSE:SNX) for 6,881 shares. 6,819 are owned by Airain Limited. Legal & General Grp Incorporated Public Ltd Co, a United Kingdom-based fund reported 34,477 shares. Blackrock, New York-based fund reported 39,508 shares. Voya Inv Mgmt Ltd Liability Com reported 11,412 shares. Bowling Lc has 6,424 shares. Wells Fargo Mn owns 53,578 shares. California Employees Retirement holds 0.01% or 60,100 shares in its portfolio. Eqis Cap Mgmt stated it has 2,006 shares. Barclays Public Limited Liability invested in 5,539 shares. Kennedy Capital Mngmt owns 164,295 shares for 0.35% of their portfolio. Qs Invsts Lc reported 0% of its portfolio in SYNNEX Corporation (NYSE:SNX).

Since March 14, 2017, it had 0 buys, and 12 sales for $1.61 million activity. 2,000 shares valued at $234,820 were sold by MURAI KEVIN M on Tuesday, June 13. 1,500 shares were sold by POLK DENNIS, worth $162,315 on Monday, May 1. LEUNG SIMON sold $3,135 worth of stock or 29 shares. BREIDENBACH FRED A sold $46,800 worth of SYNNEX Corporation (NYSE:SNX) on Wednesday, March 15.

Among 9 analysts covering SYNNEX (NYSE:SNX), 4 have Buy rating, 2 Sell and 3 Hold. Therefore 44% are positive. SYNNEX had 20 analyst reports since August 20, 2015 according to SRatingsIntel. The firm has “Sell” rating by Zacks given on Thursday, August 20. Stifel Nicolaus maintained SYNNEX Corporation (NYSE:SNX) rating on Friday, June 9. Stifel Nicolaus has “Buy” rating and $128 target. The firm earned “Outperform” rating on Wednesday, May 18 by Raymond James. Stifel Nicolaus maintained SYNNEX Corporation (NYSE:SNX) rating on Wednesday, June 28. Stifel Nicolaus has “Buy” rating and $13200 target. The rating was maintained by Citigroup on Tuesday, March 29 with “Buy”. The stock of SYNNEX Corporation (NYSE:SNX) earned “Buy” rating by Brean Capital on Friday, September 25. The rating was reinitiated by Needham with “Hold” on Friday, June 24. The firm has “Hold” rating by Zacks given on Thursday, August 27. As per Wednesday, April 12, the company rating was upgraded by Stifel Nicolaus. The stock has “Market Perform” rating by Raymond James on Wednesday, June 8.

Synnex Corporation is a business process services company. The company has market cap of $4.45 billion. The Firm provides a range of distribution, logistics and integration services for the technology industry and providing outsourced services focused on customer engagement strategy. It has a 15.98 P/E ratio. The Firm operates in two divisions: Technology Solutions and Concentrix.