Second Curve Capital Has Cut Position in Bancorp Del (TBBK) as Stock Value Rose; South Dakota Investment Council Has Trimmed Its Agco (AGCO) Stake by $832,200

January 19, 2018 - By Maria Brooks

Tom Brown decreased its stake in Bancorp Inc Del (TBBK) by 7.15% based on its latest 2017Q3 regulatory filing with the SEC. Second Curve Capital Llc sold 257,000 shares as the company’s stock rose 17.58% with the market. The hedge fund run by Tom Brown held 3.34M shares of the finance company at the end of 2017Q3, valued at $27.62 million, down from 3.60M at the end of the previous reported quarter. Second Curve Capital Llc who had been investing in Bancorp Inc Del for a number of months, seems to be less bullish one the $606.92 million market cap company. The stock increased 0.60% or $0.06 during the last trading session, reaching $10.86. About 47,391 shares traded. The Bancorp, Inc. (NASDAQ:TBBK) has risen 9.31% since January 19, 2017 and is uptrending. It has underperformed by 7.39% the S&P500.

South Dakota Investment Council decreased its stake in Agco Corp (AGCO) by 45.42% based on its latest 2017Q3 regulatory filing with the SEC. South Dakota Investment Council sold 11,400 shares as the company’s stock rose 0.30% with the market. The institutional investor held 13,700 shares of the industrial machinery and components company at the end of 2017Q3, valued at $1.01 million, down from 25,100 at the end of the previous reported quarter. South Dakota Investment Council who had been investing in Agco Corp for a number of months, seems to be less bullish one the $5.82 billion market cap company. The stock decreased 0.57% or $0.42 during the last trading session, reaching $73.17. About 133,442 shares traded. AGCO Corporation (NYSE:AGCO) has risen 25.79% since January 19, 2017 and is uptrending. It has outperformed by 9.09% the S&P500.

South Dakota Investment Council, which manages about $4.94B US Long portfolio, upped its stake in Disney Walt Co (NYSE:DIS) by 108,765 shares to 232,125 shares, valued at $22.88M in 2017Q3, according to the filing. It also increased its holding in Lowes Cos Inc (NYSE:LOW) by 8,300 shares in the quarter, for a total of 102,900 shares, and has risen its stake in Macys Inc (NYSE:M).

Since August 1, 2017, it had 0 buys, and 4 selling transactions for $1.92 million activity. Shares for $73,000 were sold by Smith Lucinda B. 15,000 shares were sold by Crain Robert B, worth $1.08M. Veltmaat Hans Bernd sold 750 shares worth $49,892.

Investors sentiment decreased to 0.81 in 2017 Q3. Its down 0.04, from 0.85 in 2017Q2. It dropped, as 25 investors sold AGCO shares while 124 reduced holdings. 40 funds opened positions while 81 raised stakes. 64.46 million shares or 1.81% more from 63.32 million shares in 2017Q2 were reported. Texas Permanent School Fund reported 0.05% of its portfolio in AGCO Corporation (NYSE:AGCO). Hbk Investments LP holds 24,011 shares or 0.01% of its portfolio. Advisors Asset Management holds 9,628 shares or 0.01% of its portfolio. Intrust Bancorporation Na invested 0.15% in AGCO Corporation (NYSE:AGCO). Quantbot Technology LP reported 26,613 shares or 0.19% of all its holdings. Wellington Mngmt Group Llp invested in 0.02% or 1.41M shares. Natl Bank Of Montreal Can holds 17,235 shares. Sentry Investments Corp owns 0.16% invested in AGCO Corporation (NYSE:AGCO) for 219,000 shares. Us State Bank De, Minnesota-based fund reported 2,432 shares. M&T State Bank Corp stated it has 5,055 shares or 0% of all its holdings. Ubs Asset Americas holds 0.01% or 210,102 shares. Florida-based Camarda Advisors Ltd Com has invested 0.03% in AGCO Corporation (NYSE:AGCO). Aperio Group Lc has 0.01% invested in AGCO Corporation (NYSE:AGCO). Grantham Mayo Van Otterloo & Communication has invested 0.03% in AGCO Corporation (NYSE:AGCO). Advisor Ptnrs Lc stated it has 0.05% of its portfolio in AGCO Corporation (NYSE:AGCO).

Among 20 analysts covering Agco Corporation (NYSE:AGCO), 5 have Buy rating, 3 Sell and 12 Hold. Therefore 25% are positive. Agco Corporation had 66 analyst reports since July 27, 2015 according to SRatingsIntel. The stock of AGCO Corporation (NYSE:AGCO) earned “Outperform” rating by Wells Fargo on Monday, October 10. Bank of America downgraded the shares of AGCO in report on Friday, October 2 to “Underperform” rating. On Wednesday, December 16 the stock rating was maintained by Barclays Capital with “Equal Weight”. The firm has “Hold” rating given on Tuesday, July 18 by BMO Capital Markets. The firm has “Buy” rating by Goldman Sachs given on Friday, December 1. The stock of AGCO Corporation (NYSE:AGCO) earned “Buy” rating by Berenberg on Tuesday, January 24. Stifel Nicolaus maintained the stock with “Hold” rating in Thursday, July 13 report. The stock has “Hold” rating by Jefferies on Tuesday, May 30. The company was maintained on Wednesday, October 12 by Deutsche Bank. Piper Jaffray upgraded the shares of AGCO in report on Monday, November 28 to “Neutral” rating.

Analysts await AGCO Corporation (NYSE:AGCO) to report earnings on February, 6. They expect $1.11 earnings per share, up 32.14% or $0.27 from last year’s $0.84 per share. AGCO’s profit will be $88.31 million for 16.48 P/E if the $1.11 EPS becomes a reality. After $0.79 actual earnings per share reported by AGCO Corporation for the previous quarter, Wall Street now forecasts 40.51% EPS growth.

Since August 2, 2017, it had 0 buys, and 2 selling transactions for $865,029 activity. 5,000 shares were sold by Wechsler Ron J, worth $38,050 on Monday, August 21.

Investors sentiment increased to 1.97 in 2017 Q3. Its up 0.89, from 1.08 in 2017Q2. It increased, as 5 investors sold TBBK shares while 25 reduced holdings. 30 funds opened positions while 29 raised stakes. 40.40 million shares or 2.72% less from 41.53 million shares in 2017Q2 were reported. Balyasny Asset Management Llc owns 0% invested in The Bancorp, Inc. (NASDAQ:TBBK) for 10,600 shares. Macquarie Grp Ltd has 0% invested in The Bancorp, Inc. (NASDAQ:TBBK). Credit Agricole S A holds 0% of its portfolio in The Bancorp, Inc. (NASDAQ:TBBK) for 144,000 shares. Nantahala Ltd Llc invested 1.01% of its portfolio in The Bancorp, Inc. (NASDAQ:TBBK). Us National Bank & Trust De, a Minnesota-based fund reported 8,910 shares. Rhumbline Advisers stated it has 58,165 shares or 0% of all its holdings. Royal Retail Bank Of Canada holds 39,712 shares. Moreover, Voya Investment Management Limited Liability Corp has 0% invested in The Bancorp, Inc. (NASDAQ:TBBK) for 24,779 shares. Second Curve Capital Ltd Llc holds 3.34M shares or 11.07% of its portfolio. Mariner Wealth Advsrs Ltd Co reported 0.01% stake. Heartland Advsrs invested in 0.91% or 1.69 million shares. Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% in The Bancorp, Inc. (NASDAQ:TBBK). Ancora Limited Liability Company has 53,910 shares for 0.03% of their portfolio. Tiaa Cref Investment Mngmt Ltd Limited Liability Company has 300,422 shares for 0% of their portfolio. Menta Cap Lc holds 0.01% or 11,900 shares in its portfolio.

Analysts await The Bancorp, Inc. (NASDAQ:TBBK) to report earnings on February, 8. They expect $0.11 EPS, up 125.58% or $0.54 from last year’s $-0.43 per share. TBBK’s profit will be $6.15 million for 24.68 P/E if the $0.11 EPS becomes a reality. After $0.12 actual EPS reported by The Bancorp, Inc. for the previous quarter, Wall Street now forecasts -8.33% negative EPS growth.

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