Bryn Mawr Bank (BMTC) Reaches $46.10 High on Jan, 16; Brightcove Has 0.92 Sentiment

January 16, 2018 - By Vivian Park

The stock of Bryn Mawr Bank Corporation (NASDAQ:BMTC) reached all time high today, Jan, 16 and still has $48.87 target or 6.00% above today’s $46.10 share price. This indicates more upside for the $919.06M company. This technical setup was reported by Barchart.com. If the $48.87 PT is reached, the company will be worth $55.14M more. The stock decreased 0.11% or $0.05 during the last trading session, reaching $46.1. About 15,078 shares traded. Bryn Mawr Bank Corporation (NASDAQ:BMTC) has risen 41.55% since January 16, 2017 and is uptrending. It has outperformed by 24.85% the S&P500.

Brightcove Inc. provides cloud-based services for video. The company has market cap of $244.16 million. The firm primarily offers Video Cloud, an online video platform that enables its clients to publish and distribute video to Internet-connected devices. It currently has negative earnings. The Company’s Video Cloud platform offers various features and functionalities, such as uploading and encoding, content management, video player technology, multi-platform video experiences, live video streaming, distribution and syndication, social media, advertising and monetization, and analytics.

Since October 24, 2017, it had 0 insider buys, and 1 insider sale for $508,034 activity. KEEFER JOSEPH G also sold $508,034 worth of Bryn Mawr Bank Corporation (NASDAQ:BMTC) shares.

Investors sentiment decreased to 1.18 in Q3 2017. Its down 0.68, from 1.86 in 2017Q2. It dived, as 7 investors sold Bryn Mawr Bank Corporation shares while 38 reduced holdings. 12 funds opened positions while 41 raised stakes. 13.46 million shares or 1.31% more from 13.28 million shares in 2017Q2 were reported. 165 were accumulated by Us Financial Bank De. Barclays Public Limited Co has 789 shares for 0% of their portfolio. Franklin has 0.01% invested in Bryn Mawr Bank Corporation (NASDAQ:BMTC). Menta Capital Lc has invested 0.21% in Bryn Mawr Bank Corporation (NASDAQ:BMTC). Stifel Financial has invested 0.05% in Bryn Mawr Bank Corporation (NASDAQ:BMTC). Citigroup stated it has 1,766 shares. Alphaone Investment Limited Company has invested 1.15% in Bryn Mawr Bank Corporation (NASDAQ:BMTC). California Public Employees Retirement Systems holds 0% or 26,286 shares. Invesco Ltd invested in 17,857 shares. Advisory Net holds 0% in Bryn Mawr Bank Corporation (NASDAQ:BMTC) or 485 shares. Thompson Siegel Walmsley Limited Company reported 300 shares. Private Advisor Group Inc Limited Liability Company holds 30,397 shares. 50 were accumulated by Vantage Invest Ltd Liability Co. Moreover, Basswood Cap Mgmt Limited Com has 0.45% invested in Bryn Mawr Bank Corporation (NASDAQ:BMTC) for 224,170 shares. Moreover, Pnc Fincl Grp has 0% invested in Bryn Mawr Bank Corporation (NASDAQ:BMTC).

Analysts await Bryn Mawr Bank Corporation (NASDAQ:BMTC) to report earnings on January, 18. They expect $0.65 EPS, up 18.18% or $0.10 from last year’s $0.55 per share. BMTC’s profit will be $12.96 million for 17.73 P/E if the $0.65 EPS becomes a reality. After $0.62 actual EPS reported by Bryn Mawr Bank Corporation for the previous quarter, Wall Street now forecasts 4.84% EPS growth.

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 had 9 analyst reports since July 28, 2015 according to SRatingsIntel. Boenning \u0026 Scattergood upgraded the stock to “Outperform” rating in Monday, July 24 report. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Tuesday, October 3 report. The firm earned “Buy” rating on Friday, October 20 by Keefe Bruyette & Woods. On Tuesday, January 10 the stock rating was downgraded by FIG Partners to “Market Perform”. The firm has “Buy” rating by Keefe Bruyette & Woods given on Thursday, December 21. The stock of Bryn Mawr Bank Corporation (NASDAQ:BMTC) has “Buy” rating given on Monday, June 26 by Keefe Bruyette & Woods. The firm earned “Buy” rating on Friday, July 21 by Keefe Bruyette & Woods. The company was upgraded on Monday, August 31 by Zacks.

Bryn Mawr Bank Corporation operates as the bank holding firm for The Bryn Mawr Trust Company that provides commercial and retail banking services to individuals and businesses. The company has market cap of $919.06 million. It accepts deposit products, such as non-interest-bearing demand deposits, savings, NOW accounts, and market rate accounts. It has a 20.58 P/E ratio. The companyÂ’s loan and lease portfolio comprises commercial and residential mortgage construction, commercial and industrial, and consumer loans, as well as home equity lines and loans; and leasing services.

Litespeed Management L.L.C. holds 6.04% of its portfolio in Brightcove Inc. for 1.19 million shares. Cooper Creek Partners Management Llc owns 1.26 million shares or 5.4% of their US portfolio. Moreover, Hawk Ridge Capital Management Lp has 3.08% invested in the company for 1.14 million shares. The Connecticut-based Mcclain Value Management Llc has invested 3.06% in the stock. Horrell Capital Management Inc., a Arkansas-based fund reported 385,000 shares.

Analysts await Brightcove Inc. (NASDAQ:BCOV) to report earnings on February, 15. They expect $-0.09 earnings per share, down 12.50% or $0.01 from last year’s $-0.08 per share. After $-0.11 actual earnings per share reported by Brightcove Inc. for the previous quarter, Wall Street now forecasts -18.18% EPS growth.

The stock decreased 0.70% or $0.05 during the last trading session, reaching $7.05. About 54,911 shares traded. Brightcove Inc. (BCOV) has declined 2.44% since January 16, 2017 and is downtrending. It has underperformed by 19.14% the S&P500.

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