EPS for CSI Compressco LP (CCLP) Expected At $-0.22; Customers Bancorp (CUBI) Shorts Raised By 11.1%

April 17, 2018 - By Moses P. Lee

Customers Bancorp, Inc. (NYSE:CUBI) Logo

Customers Bancorp Inc (NYSE:CUBI) had an increase of 11.1% in short interest. CUBI’s SI was 782,700 shares in April as released by FINRA. Its up 11.1% from 704,500 shares previously. With 217,700 avg volume, 4 days are for Customers Bancorp Inc (NYSE:CUBI)’s short sellers to cover CUBI’s short positions. The SI to Customers Bancorp Inc’s float is 2.73%. The stock increased 0.63% or $0.18 during the last trading session, reaching $29.64. About 45,563 shares traded. Customers Bancorp, Inc. (NYSE:CUBI) has declined 4.56% since April 17, 2017 and is downtrending. It has underperformed by 16.11% the S&P500.

Analysts expect CSI Compressco LP (NASDAQ:CCLP) to report $-0.22 EPS on May, 8.They anticipate $0.24 EPS change or 52.17% from last quarter’s $-0.46 EPS. After having $-0.29 EPS previously, CSI Compressco LP’s analysts see -24.14% EPS growth. The stock increased 3.40% or $0.2506 during the last trading session, reaching $7.6206. About 106,964 shares traded. CSI Compressco LP (NASDAQ:CCLP) has declined 20.77% since April 17, 2017 and is downtrending. It has underperformed by 32.32% the S&P500.

Investors sentiment decreased to 0.92 in 2017 Q4. Its down 0.26, from 1.18 in 2017Q3. It worsened, as 16 investors sold Customers Bancorp, Inc. shares while 61 reduced holdings. 22 funds opened positions while 49 raised stakes. 23.85 million shares or 7.90% less from 25.90 million shares in 2017Q3 were reported. Aqr Capital Mngmt Limited Liability Com, a Connecticut-based fund reported 131,413 shares. Strs Ohio reported 30,100 shares. New Amsterdam Prns Ltd holds 263,537 shares. Colorado-based Alps has invested 0% in Customers Bancorp, Inc. (NYSE:CUBI). Glenmede Communications Na accumulated 105 shares. Cornercap Invest Counsel Inc invested in 57,925 shares or 0.21% of the stock. Alliancebernstein Lp reported 1.16 million shares. Deutsche National Bank Ag accumulated 103,509 shares or 0% of the stock. Bnp Paribas Arbitrage Sa has 0% invested in Customers Bancorp, Inc. (NYSE:CUBI). State Teachers Retirement Systems accumulated 19,383 shares or 0% of the stock. Moreover, Sei has 0% invested in Customers Bancorp, Inc. (NYSE:CUBI) for 54,322 shares. Axa accumulated 30,400 shares. Geode Mngmt Limited Liability Co stated it has 269,952 shares. 266,722 were reported by Tiaa Cref Investment Lc. Aristotle Boston Ltd accumulated 368,866 shares or 0.7% of the stock.

Customers Bancorp, Inc. operates as the bank holding firm for Customers Bank that provides financial services and products to small and middle market businesses, not-for-profits, and consumers. The company has market cap of $932.50 million. The firm accepts various deposit products, such as checking, savings, money market deposit, time deposit, individual retirement, and non-retail time deposit accounts, as well as certificates of deposit. It has a 15.04 P/E ratio. The Company’s loan products include commercial lending products comprising business banking commercial and industrial lending; small and middle market business banking, such as small business administration loans; multi-family and commercial real estate lending; and commercial loans to mortgage originators, as well as consumer lending products comprising mortgage and home equity lending.

Since February 5, 2018, it had 0 insider purchases, and 3 sales for $66,951 activity. Shares for $15,124 were sold by Hedde Glenn on Friday, February 16.

Among 8 analysts covering Customers Bancorp (NYSE:CUBI), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Customers Bancorp had 28 analyst reports since October 30, 2015 according to SRatingsIntel. The company was maintained on Monday, March 26 by Sandler O’Neill. The company was maintained on Thursday, December 21 by Keefe Bruyette & Woods. The rating was maintained by Maxim Group on Thursday, October 26 with “Buy”. The firm has “Buy” rating given on Thursday, July 27 by Boenning & Scattergood. FBR Capital maintained Customers Bancorp, Inc. (NYSE:CUBI) rating on Friday, October 30. FBR Capital has “Outperform” rating and $32.0 target. The rating was maintained by Wood with “Hold” on Friday, April 28. Sandler O’Neill maintained the shares of CUBI in report on Friday, January 26 with “Hold” rating. On Wednesday, May 31 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. The rating was maintained by Maxim Group on Thursday, January 4 with “Buy”. As per Monday, December 19, the company rating was maintained by Maxim Group.

CSI Compressco LP provides compression services and equipment for natural gas and oil production, gathering, transportation, processing, and storage applications in the United States and internationally. The company has market cap of $304.28 million. It fabricates and sells standard and custom-designed compressor packages, oilfield fluid pump systems, and compressor package parts and components, as well as provides aftermarket services, such as operations, maintenance, overhaul, and reconfiguration services. It currently has negative earnings. The firm offers GasJack and VJack electric powered low-horsepower compressor packages to provide production enhancement services.

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