500.com Limited (WBAI) Reaches $18.71 52-Week High; Last Week Columbia Banking System, Inc. (COLB) Coverage

February 21, 2018 - By David Stenberg

The stock of 500.com Limited (NYSE:WBAI) hit a new 52-week high and has $19.83 target or 6.00% above today’s $18.71 share price. The 9 months bullish chart indicates low risk for the $763.38M company. The 1-year high was reported on Feb, 21 by Barchart.com. If the $19.83 price target is reached, the company will be worth $45.80 million more. The stock increased 7.21% or $1.258 during the last trading session, reaching $18.708. About 186,858 shares traded or 21.69% up from the average. 500.com Limited (NYSE:WBAI) has declined 43.18% since February 21, 2017 and is downtrending. It has underperformed by 59.88% the S&P500.

Among 6 analysts covering Columbia Banking System Inc. (NASDAQ:COLB), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Columbia Banking System Inc. had 21 analyst reports since January 29, 2016 according to SRatingsIntel. The stock of Columbia Banking System, Inc. (NASDAQ:COLB) earned “Buy” rating by Piper Jaffray on Monday, July 31. The stock of Columbia Banking System, Inc. (NASDAQ:COLB) has “Overweight” rating given on Monday, July 31 by PiperJaffray. The firm has “Hold” rating given on Friday, January 26 by Sandler O’Neill. The rating was downgraded by Piper Jaffray on Friday, April 29 to “Neutral”. The company was upgraded on Thursday, March 16 by DA Davidson. The stock has “Hold” rating by Keefe Bruyette & Woods on Monday, August 14. Keefe Bruyette & Woods downgraded the shares of COLB in report on Friday, July 29 to “Market Perform” rating. Piper Jaffray maintained Columbia Banking System, Inc. (NASDAQ:COLB) rating on Tuesday, January 30. Piper Jaffray has “Buy” rating and $52.0 target. RBC Capital Markets maintained Columbia Banking System, Inc. (NASDAQ:COLB) rating on Friday, July 7. RBC Capital Markets has “Hold” rating and $4400 target. The company was maintained on Tuesday, June 13 by Keefe Bruyette & Woods. See Columbia Banking System, Inc. (NASDAQ:COLB) latest ratings:

30/01/2018 Broker: Piper Jaffray Rating: Buy New Target: $52.0 Maintain
26/01/2018 Broker: Sandler O’Neill Rating: Hold New Target: $48.0 Maintain
25/01/2018 Broker: RBC Capital Markets Rating: Hold New Target: $46.0 Maintain
04/01/2018 Broker: Sandler O’Neill Rating: Hold New Target: $47.0 Maintain
21/12/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $47.0 Maintain
16/10/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $44.0 Maintain
15/09/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $44.0 Maintain
12/09/2017 Broker: Piper Jaffray Rating: Buy New Target: $46.0 Maintain
07/09/2017 Broker: RBC Capital Markets Rating: Hold New Target: $42.0 Maintain

Since January 8, 2018, it had 4 buys, and 0 sales for $15,971 activity. McDonald Andy also bought $4,835 worth of Columbia Banking System, Inc. (NASDAQ:COLB) shares. Lawson David C also bought $2,784 worth of Columbia Banking System, Inc. (NASDAQ:COLB) shares. Stein Clint bought 54 shares worth $1,978. $6,374 worth of stock was bought by BARUFFI KUMI YAMAMOTO on Monday, January 8.

Investors sentiment decreased to 0.95 in 2017 Q3. Its down 0.57, from 1.52 in 2017Q2. It is negative, as 15 investors sold Columbia Banking System, Inc. shares while 68 reduced holdings. 22 funds opened positions while 57 raised stakes. 54.35 million shares or 0.57% less from 54.66 million shares in 2017Q2 were reported. Amer Grp Incorporated Inc holds 0.01% or 46,128 shares. Sei Investments, Pennsylvania-based fund reported 13,070 shares. Dimensional Fund Advisors Ltd Partnership reported 0.05% of its portfolio in Columbia Banking System, Inc. (NASDAQ:COLB). State Of Tennessee Treasury Department holds 0.01% or 51,163 shares. Bank & Trust Of New York Mellon Corp has invested 0.01% in Columbia Banking System, Inc. (NASDAQ:COLB). Delta Asset Mgmt Ltd Limited Liability Company Tn holds 0% in Columbia Banking System, Inc. (NASDAQ:COLB) or 20 shares. Virginia Retirement Et Al reported 0.01% in Columbia Banking System, Inc. (NASDAQ:COLB). Glenmede Com Na has invested 0% in Columbia Banking System, Inc. (NASDAQ:COLB). State Board Of Administration Of Florida Retirement Sys reported 53,132 shares. Millennium Mngmt Limited Liability Company invested in 227,808 shares. Natixis invested 0% in Columbia Banking System, Inc. (NASDAQ:COLB). Pnc Services has invested 0% in Columbia Banking System, Inc. (NASDAQ:COLB). D E Shaw invested in 147,067 shares. Blackrock accumulated 0.02% or 7.30 million shares. Ftb has 769 shares.

Columbia Banking System, Inc. operates as the bank holding firm for Columbia State Bank that provides a range of banking services to small and medium-sized businesses, professionals, and individuals in Washington, Oregon, and Idaho. The company has market cap of $3.12 billion. It offers personal banking services and products, including noninterest and interest-bearing checking, saving, money market, and certificate of deposit accounts; home equity loans and lines of credit, home mortgages for purchases and refinances, personal loans, and other consumer loans; debit and credit cards; and online and mobile banking services. It has a 22.96 P/E ratio. The firm also provides business banking services and products, such as checking, savings, interest-bearing money market, and certificate of deposit accounts; accounts receivable and inventory financing, small business administration financing, commercial real estate loan products for construction and development or permanent financing; and agricultural lending, municipal lending, merchant card, remote deposit capture, small business, and treasury management services.

The stock increased 0.85% or $0.36 during the last trading session, reaching $42.7. About 13,070 shares traded. Columbia Banking System, Inc. (NASDAQ:COLB) has risen 31.63% since February 21, 2017 and is uptrending. It has outperformed by 14.93% the S&P500.

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By1 David Stenberg

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