Quantum Capital Management Cut Its Liberty Tripadvisor Hldgs In (LTRPA) Position; Southside Bancshares (SBSI) Shorts Down By 5.59%

September 1, 2017 - By Henry Gaston

Quantum Capital Management Llc decreased Liberty Tripadvisor Hldgs In (LTRPA) stake by 22.91% reported in 2016Q4 SEC filing. Quantum Capital Management Llc sold 58,180 shares as Liberty Tripadvisor Hldgs In (LTRPA)’s stock declined 10.06%. The Quantum Capital Management Llc holds 195,812 shares with $2.95M value, down from 253,992 last quarter. Liberty Tripadvisor Hldgs In now has $1.02 billion valuation. The stock rose 1.50% or $0.2 reaching $13.55. About 106,617 shares traded. Liberty Tripadvisor Holdings Inc (NASDAQ:LTRPA) has declined 34.45% since September 1, 2016 and is downtrending. It has underperformed by 51.15% the S&P500.

Southside Bancshares (NASDAQ:SBSI) had a decrease of 5.59% in short interest. SBSI’s SI was 1.52 million shares in September as released by FINRA. Its down 5.59% from 1.61M shares previously. With 86,200 avg volume, 18 days are for Southside Bancshares (NASDAQ:SBSI)’s short sellers to cover SBSI’s short positions. The SI to Southside Bancshares’s float is 5.53%. About 20,596 shares traded. Southside Bancshares, Inc. (NASDAQ:SBSI) has risen 21.44% since September 1, 2016 and is uptrending. It has outperformed by 4.74% the S&P500.

Among 2 analysts covering Liberty TripAdvisor (NASDAQ:LTRPA), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Liberty TripAdvisor had 2 analyst reports since November 6, 2015 according to SRatingsIntel. Guggenheim downgraded the stock to “Neutral” rating in Friday, November 6 report. The firm earned “Hold” rating on Wednesday, January 18 by Miller Tabak.

Among 3 analysts covering Southside Bancshares (NASDAQ:SBSI), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. Southside Bancshares had 4 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was maintained by Keefe Bruyette & Woods on Monday, August 28 with “Hold”. Keefe Bruyette & Woods maintained Southside Bancshares, Inc. (NASDAQ:SBSI) on Thursday, June 1 with “Hold” rating.

Southside Bancshares, Inc. is a bank holding firm for Southside Bank (the Bank). The company has market cap of $970.99 million. The Firm is a community-focused financial institution that offers a range of financial services to individuals, businesses, municipal entities, and nonprofit organizations in the communities. It has a 17.49 P/E ratio. These services include consumer and commercial loans, deposit accounts, trust services, safe deposit services and brokerage services.