Bank of Commerce Holdings (BOCH) Is At $11.35 Formed Wedge; 12 Analysts Are Bullish Burlington Stores (BURL) Last Week

May 29, 2017 - By Winifred Garcia

Among 14 analysts covering Burlington Stores (NYSE:BURL), 12 have Buy rating, 0 Sell and 2 Hold. Therefore 86% are positive. Burlington Stores had 28 analyst reports since October 7, 2015 according to SRatingsIntel. Telsey Advisory Group maintained Burlington Stores Inc (NYSE:BURL) on Friday, May 27 with “Outperform” rating. The stock of Burlington Stores Inc (NYSE:BURL) has “Buy” rating given on Wednesday, April 19 by BMO Capital Markets. The stock of Burlington Stores Inc (NYSE:BURL) has “Outperform” rating given on Wednesday, January 18 by Credit Suisse. The stock of Burlington Stores Inc (NYSE:BURL) earned “Market Perform” rating by Telsey Advisory Group on Wednesday, November 23. The rating was upgraded by M Partners to “Buy” on Friday, August 26. On Friday, November 6 the stock rating was initiated by RBC Capital Markets with “Outperform”. The firm has “Outperform” rating given on Friday, March 3 by RBC Capital Markets. As per Friday, April 28, the company rating was initiated by Wolfe Research. The rating was maintained by Citigroup on Friday, May 27 with “Neutral”. The firm has “Buy” rating given on Friday, August 26 by Buckingham Research. See Burlington Stores Inc (NYSE:BURL) latest ratings:

28/04/2017 Broker: Wolfe Research Rating: Outperform New Target: $113.00 Initiate
19/04/2017 Broker: BMO Capital Markets Rating: Buy Maintain
05/04/2017 Broker: William Blair Rating: Outperform Initiates Coverage On
03/03/2017 Broker: RBC Capital Markets Rating: Outperform Old Target: $91.00 New Target: $97.00 Maintain
03/03/2017 Broker: Telsey Advisory Group Old Rating: Market Perform New Rating: Outperform Old Target: $91.00 New Target: $110.00 Upgrade
18/01/2017 Broker: Credit Suisse Old Rating: Neutral New Rating: Outperform Upgrade
06/01/2017 Broker: Wedbush Rating: Outperform New Target: $107 Initiate

Bank of Commerce Holdings (BOCH) formed wedge up with $11.92 target or 5.00% above today’s $11.35 share price. Bank of Commerce Holdings (BOCH) has $182.91M valuation. The stock increased 1.34% or $0.15 on May 26, reaching $11.35. About 47,153 shares traded. Bank of Commerce Holdings (NASDAQ:BOCH) has risen 77.60% since May 29, 2016 and is uptrending. It has outperformed by 60.90% the S&P500.

Investors sentiment increased to 1.09 in Q4 2016. Its up 0.20, from 0.89 in 2016Q3. It improved, as 31 investors sold Burlington Stores Inc shares while 104 reduced holdings. 56 funds opened positions while 91 raised stakes. 71.03 million shares or 1.25% less from 71.93 million shares in 2016Q3 were reported. Sterling Cap Ltd Limited Liability Company owns 0.03% invested in Burlington Stores Inc (NYSE:BURL) for 38,230 shares. Cibc Asset Mgmt Inc invested 0.03% of its portfolio in Burlington Stores Inc (NYSE:BURL). Millennium Management Ltd Liability Corp stated it has 0.07% of its portfolio in Burlington Stores Inc (NYSE:BURL). Barclays Public Limited Company reported 0% in Burlington Stores Inc (NYSE:BURL). Frontier Mgmt Limited Company holds 0.1% of its portfolio in Burlington Stores Inc (NYSE:BURL) for 157,752 shares. Moreover, M&T Financial Bank Corp has 0% invested in Burlington Stores Inc (NYSE:BURL). Moreover, Bnp Paribas Arbitrage has 0.07% invested in Burlington Stores Inc (NYSE:BURL). Northern Trust has invested 0.01% in Burlington Stores Inc (NYSE:BURL). Brown Brothers Harriman & invested in 165 shares or 0% of the stock. Us Bankshares De, Minnesota-based fund reported 3,821 shares. Robeco Institutional Asset Mngmt Bv invested in 93,167 shares. Blackrock Japan owns 4,768 shares. Teachers Retirement Systems Of The State Of Kentucky holds 0.02% of its portfolio in Burlington Stores Inc (NYSE:BURL) for 16,319 shares. 27,800 are owned by Fuller Thaler Asset Inc. Rhumbline Advisers owns 0.02% invested in Burlington Stores Inc (NYSE:BURL) for 76,838 shares.

The stock decreased 2.33% or $2.3 on May 26, reaching $96.32. About 1.94 million shares traded or 90.20% up from the average. Burlington Stores Inc (NYSE:BURL) has risen 77.68% since May 29, 2016 and is uptrending. It has outperformed by 60.98% the S&P500.

Since December 1, 2016, it had 0 insider purchases, and 20 insider sales for $20.14 million activity. 6,959 shares were sold by Sullivan Paul, worth $654,466 on Tuesday, March 7. Hand Fred also sold $891,134 worth of Burlington Stores Inc (NYSE:BURL) on Friday, December 2. 20,000 shares valued at $1.65M were sold by Kingsbury Thomas on Wednesday, February 1. The insider MAGRINI JOYCE MANNING sold 3,333 shares worth $291,197. Metheny Mike sold $304,010 worth of stock. 7,335 Burlington Stores Inc (NYSE:BURL) shares with value of $690,955 were sold by Crimmins John. The insider Katz Marc sold $752,390.

Burlington Stores, Inc. is a retailer of branded apparel. The company has market cap of $6.57 billion. As of January 28, 2017, the Company operated 592 retail stores, inclusive of an Internet store, in 45 states and Puerto Rico. It has a 29.73 P/E ratio. The Company’s product categories include coats, women, men, juniors, girls, boys, shoes, handbags and accessories, beauty and fragrance, home and toys.

Investors sentiment increased to 1.9 in Q4 2016. Its up 0.90, from 1 in 2016Q3. It improved, as 2 investors sold Bank of Commerce Holdings shares while 8 reduced holdings. 6 funds opened positions while 13 raised stakes. 4.55 million shares or 8.24% more from 4.20 million shares in 2016Q3 were reported. Zpr Investment Mngmt invested in 0.17% or 10,139 shares. Lsv Asset Mgmt invested 0% of its portfolio in Bank of Commerce Holdings (NASDAQ:BOCH). Hanson Mcclain holds 0.01% of its portfolio in Bank of Commerce Holdings (NASDAQ:BOCH) for 10,387 shares. Royal Financial Bank Of Canada owns 1,000 shares. Bankshares Of America De accumulated 1 shares or 0% of the stock. Maltese Cap Mgmt Ltd Liability Corp has 310,000 shares. Eagle Global Advisors Ltd Liability Corp stated it has 46,696 shares or 0.01% of all its holdings. Earnest Ptnrs Lc owns 2,100 shares for 0% of their portfolio. 186,280 are owned by Foundry Prtnrs Limited Co. First Manhattan reported 167,250 shares. First Wilshire Management Inc invested 0.4% of its portfolio in Bank of Commerce Holdings (NASDAQ:BOCH). The California-based Wells Fargo & Mn has invested 0% in Bank of Commerce Holdings (NASDAQ:BOCH). Spark Investment Mngmt Limited Liability Com has invested 0.01% in Bank of Commerce Holdings (NASDAQ:BOCH). Jcsd Capital Limited Liability reported 185,716 shares or 1.54% of all its holdings. First Mercantile Tru has 0.27% invested in Bank of Commerce Holdings (NASDAQ:BOCH) for 185,692 shares.

Analysts await Bank of Commerce Holdings (NASDAQ:BOCH) to report earnings on July, 28. They expect $0.20 earnings per share, up 81.82% or $0.09 from last year’s $0.11 per share. BOCH’s profit will be $3.22 million for 14.19 P/E if the $0.20 EPS becomes a reality. After $0.17 actual earnings per share reported by Bank of Commerce Holdings for the previous quarter, Wall Street now forecasts 17.65% EPS growth.