IBERIABANK (IBKC) Analysts See $1.24 EPS; State Of Wisconsin Investment Board Has Decreased Its Conmed (CNMD) Holding

October 13, 2017 - By Henry Gaston

Analysts expect IBERIABANK Corp (NASDAQ:IBKC) to report $1.24 EPS on October, 25.They anticipate $0.16 EPS change or 14.81% from last quarter’s $1.08 EPS. IBKC’s profit would be $66.43M giving it 16.52 P/E if the $1.24 EPS is correct. After having $1.10 EPS previously, IBERIABANK Corp’s analysts see 12.73% EPS growth. The stock decreased 1.27% or $1.05 during the last trading session, reaching $81.95. About shares traded. IBERIABANK Corp (NASDAQ:IBKC) has risen 31.12% since October 13, 2016 and is uptrending. It has outperformed by 14.42% the S&P500.

State Of Wisconsin Investment Board decreased Conmed Corp (CNMD) stake by 7.81% reported in 2017Q2 SEC filing. State Of Wisconsin Investment Board sold 10,800 shares as Conmed Corp (CNMD)’s stock rose 14.30%. The State Of Wisconsin Investment Board holds 127,562 shares with $6.50M value, down from 138,362 last quarter. Conmed Corp now has $1.46B valuation. The stock increased 0.54% or $0.28 during the last trading session, reaching $52.46. About shares traded. CONMED Corporation (NASDAQ:CNMD) has risen 27.59% since October 13, 2016 and is uptrending. It has outperformed by 10.89% the S&P500.

Since May 2, 2017, it had 0 insider buys, and 5 sales for $5.49 million activity. On Monday, May 15 the insider SHEA E STEWART III sold $334,456. $1.97M worth of IBERIABANK Corp (NASDAQ:IBKC) was sold by BROWN MICHAEL J. 15,704 shares were sold by DAVIS JOHN R, worth $1.26M on Tuesday, May 2. The insider MACKIE HADDON SPURGEON JR sold 4,217 shares worth $345,199. 19,652 shares valued at $1.58M were sold by Restel Anthony J on Wednesday, May 3.

Investors sentiment decreased to 1.22 in 2017 Q2. Its down 0.04, from 1.26 in 2017Q1. It dived, as 26 investors sold IBERIABANK Corp shares while 70 reduced holdings. 39 funds opened positions while 78 raised stakes. 41.80 million shares or 0.69% more from 41.51 million shares in 2017Q1 were reported. Moreover, Ameritas Investment Prtnrs has 0.02% invested in IBERIABANK Corp (NASDAQ:IBKC). Great West Life Assurance Communications Can stated it has 5,612 shares. Oppenheimer Asset Mgmt has 0.01% invested in IBERIABANK Corp (NASDAQ:IBKC). Nomura holds 2,510 shares or 0% of its portfolio. Ameriprise Fincl Inc reported 130,761 shares or 0.01% of all its holdings. Alliancebernstein Limited Partnership reported 0% in IBERIABANK Corp (NASDAQ:IBKC). Cantab Cap Prns Ltd Liability Partnership reported 7,371 shares. Moreover, D E Shaw & has 0% invested in IBERIABANK Corp (NASDAQ:IBKC). Manufacturers Life Com The owns 37,954 shares. Jpmorgan Chase & owns 1.87M shares or 0.03% of their US portfolio. Missouri-based Amer Century has invested 0% in IBERIABANK Corp (NASDAQ:IBKC). Citigroup reported 0% stake. Principal Financial Gp invested in 0.01% or 110,548 shares. Regions Finance Corporation stated it has 0% of its portfolio in IBERIABANK Corp (NASDAQ:IBKC). Sfmg Limited Liability reported 16,570 shares.

IBERIABANK Corporation is a financial holding company. The company has market cap of $4.39 billion. The Firm is a holding firm for IBERIABANK, a Louisiana state chartered banking corporation; Lenders Title Company, an Arkansas-chartered title insurance and closing services agency ; IBERIA Capital Partners LLC (ICP), a corporate finance services firm; 1887 Leasing, LLC, a holding firm for its aircraft; IBERIA Asset Management, Inc. (IAM), which provides wealth management and trust advisory services to high net worth individuals, pension funds, firms and trusts; 840 Denning, LLC, which invests in a commercial rental property, and IBERIA CDE, LLC (CDE), which invests in purchased tax credits. It has a 19.91 P/E ratio. IBERIABANK offers commercial and retail banking services and products.

Among 14 analysts covering IberiaBank (NASDAQ:IBKC), 10 have Buy rating, 0 Sell and 4 Hold. Therefore 71% are positive. IberiaBank had 35 analyst reports since August 25, 2015 according to SRatingsIntel. The firm has “Mkt Perform” rating given on Thursday, February 2 by JMP Securities. The company was downgraded on Tuesday, December 6 by FIG Partners. The firm earned “Buy” rating on Monday, June 5 by Stephens. The stock of IBERIABANK Corp (NASDAQ:IBKC) earned “Market Outperform” rating by JMP Securities on Tuesday, July 25. On Friday, September 15 the stock rating was maintained by Jefferies with “Hold”. The firm has “Overweight” rating given on Tuesday, August 15 by PiperJaffray. Sandler O’Neill downgraded the stock to “Hold” rating in Tuesday, September 13 report. The stock of IBERIABANK Corp (NASDAQ:IBKC) has “Overweight” rating given on Thursday, October 5 by PiperJaffray. The stock of IBERIABANK Corp (NASDAQ:IBKC) earned “Hold” rating by Jefferies on Friday, August 11. The company was maintained on Friday, April 29 by FBR Capital.

State Of Wisconsin Investment Board increased Marriott Intl Inc New (NASDAQ:MAR) stake by 62,980 shares to 267,200 valued at $26.80 million in 2017Q2. It also upped Navient Corporation (NASDAQ:NAVI) stake by 52,230 shares and now owns 267,978 shares. Caterpillar Inc Del (NYSE:CAT) was raised too.

Among 5 analysts covering CONMED Corporation (NASDAQ:CNMD), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. CONMED Corporation had 13 analyst reports since July 22, 2015 according to SRatingsIntel. On Friday, November 18 the stock rating was maintained by Needham with “Buy”. The firm has “Buy” rating by Needham given on Thursday, August 31. The rating was maintained by Piper Jaffray on Thursday, August 27 with “Neutral”. As per Wednesday, July 22, the company rating was downgraded by Northland Capital. The stock has “Buy” rating by Needham on Tuesday, October 10. The company was maintained on Thursday, October 22 by Northland Capital. The rating was maintained by Leerink Swann on Monday, October 5 with “Outperform”. The stock of CONMED Corporation (NASDAQ:CNMD) earned “Hold” rating by KeyBanc Capital Markets on Wednesday, August 23. The stock of CONMED Corporation (NASDAQ:CNMD) earned “Buy” rating by Needham on Thursday, July 27. On Thursday, April 28 the stock rating was maintained by Needham with “Buy”.

Investors sentiment decreased to 1.27 in 2017 Q2. Its down 0.06, from 1.33 in 2017Q1. It worsened, as 14 investors sold CNMD shares while 41 reduced holdings. 23 funds opened positions while 47 raised stakes. 26.82 million shares or 1.35% less from 27.19 million shares in 2017Q1 were reported. California-based Pillar Pacific Mgmt Limited has invested 0.03% in CONMED Corporation (NASDAQ:CNMD). California Public Employees Retirement has 0.01% invested in CONMED Corporation (NASDAQ:CNMD) for 70,000 shares. Heartland Advsrs Inc stated it has 165,992 shares or 0.54% of all its holdings. Dimensional Fund Advisors Limited Partnership owns 2.26M shares. Citadel Advsr Lc accumulated 24,404 shares. Lord Abbett And Lc accumulated 270,430 shares or 0.04% of the stock. Moreover, State Teachers Retirement has 0.01% invested in CONMED Corporation (NASDAQ:CNMD) for 62,191 shares. Principal Group holds 0.01% of its portfolio in CONMED Corporation (NASDAQ:CNMD) for 203,120 shares. Swiss Bancshares has invested 0% in CONMED Corporation (NASDAQ:CNMD). Moreover, Metropolitan Life Insurance Communication has 0.01% invested in CONMED Corporation (NASDAQ:CNMD) for 19,426 shares. California State Teachers Retirement Systems has 0.01% invested in CONMED Corporation (NASDAQ:CNMD) for 48,630 shares. First Trust LP holds 0% or 7,451 shares in its portfolio. Citigroup holds 0% or 181 shares in its portfolio. 7,087 are owned by Fenimore Asset. Adage Capital Limited Liability holds 0.01% or 100,000 shares.

Since May 15, 2017, it had 0 insider purchases, and 2 selling transactions for $205,900 activity. 3,000 shares valued at $153,661 were sold by JONAS DANIEL on Monday, May 15. Kuyper Dirk also sold $52,239 worth of CONMED Corporation (NASDAQ:CNMD) on Tuesday, June 13.

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By1 Henry Gaston




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