Mendon Capital Advisors Decreased Seacoast Bkg Fla (SBCF) Stake By $10.21 Million; 2 Bullish Analysts Covering Great-West Lifeco Inc. (TSE:GWO)

May 18, 2018 - By wolcottdaily

Great-West Lifeco Inc. (TSE:GWO) Logo

Among 4 analysts covering Great-West Lifeco (TSE:GWO), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Great-West Lifeco had 45 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was maintained by Scotia Capital with “Sector Perform” on Wednesday, June 8. The rating was maintained by Dundee Securities with “Neutral” on Wednesday, September 21. The stock of Great-West Lifeco Inc. (TSE:GWO) earned “Hold” rating by TD Securities on Friday, November 4. The firm earned “” rating on Friday, October 16 by RBC Capital Markets. RBC Capital Markets maintained the stock with “Sector Perform” rating in Friday, February 10 report. The firm has “Buy” rating given on Friday, January 13 by TD Securities. TD Securities downgraded it to “Buy” rating and $40 target in Thursday, August 6 report. The company was maintained on Wednesday, June 8 by RBC Capital Markets. See Great-West Lifeco Inc. (TSE:GWO) latest ratings:

Mendon Capital Advisors Corp decreased Seacoast Bkg Corp Fla (NASDAQ:SBCF) stake by 36.94% reported in 2018Q1 SEC filing. Mendon Capital Advisors Corp sold 392,768 shares as Seacoast Bkg Corp Fla (NASDAQ:SBCF)’s stock rose 2.11%. The Mendon Capital Advisors Corp holds 670,472 shares with $17.75M value, down from 1.06M last quarter. Seacoast Bkg Corp Fla now has $1.44 billion valuation. The stock increased 1.36% or $0.41 during the last trading session, reaching $30.58. About 392,385 shares traded. Seacoast Banking Corporation of Florida (NASDAQ:SBCF) has risen 12.55% since May 18, 2017 and is uptrending. It has outperformed by 1.00% the S&P500.

The stock decreased 0.30% or $0.1 during the last trading session, reaching $33.4. About 257,736 shares traded. Great-West Lifeco Inc. (TSE:GWO) has 0.00% since May 18, 2017 and is . It has underperformed by 11.55% the S&P500.

Great-West Lifeco Inc., a financial services holding company, engages in life and health insurance, asset management, investment and retirement savings, and reinsurance businesses in Canada, the United States, Europe, and Asia. The company has market cap of $33.02 billion. The firm offers a portfolio of financial and benefit plan solutions for individuals, families, businesses, and organizations; life, disability, critical illness, health, and creditor insurance products; and accumulation and annuity products. It has a 14.45 P/E ratio. It also provides employer-sponsored retirement savings plans, individual retirement accounts, enrollment services, communication materials, investment options, and education services; and fund management, investment, and advisory services.

Another recent and important Great-West Lifeco Inc. (TSE:GWO) news was published by Finance.Yahoo.com which published an article titled: “Is Great-West Lifeco Inc (TSE:GWO) A Smart Choice For Dividend Investors?” on April 22, 2018.

Mendon Capital Advisors Corp is a New York-based hedge fund that was founded by Anton Schutz. It had more than $171.54 million assets under management in March, 2014. Taken from Mendon Capital Advisors latest Adv, the fund reported to have 2 full and part-time employees. Among which 2 performing investment advisory and research functions. The hedge fund had between 1-10 clients.

Seacoast Banking Corporation of Florida operates as the bank holding firm for Seacoast National Bank that provides community banking services to the commercial, small business, and retail clients in Florida. The company has market cap of $1.44 billion. It offers various transaction and savings deposit products; secured and unsecured loan products, including revolving credit facilities, letters of credit and related financial guarantees, and asset based financing; and securities and annuity products. It has a 30.89 P/E ratio. The firm also provides trust and asset management services to retirement plans, firms, and individuals; treasury management services; brokerage services; and Internet and mobile banking services.

Investors sentiment decreased to 1.48 in 2017 Q4. Its down 0.12, from 1.6 in 2017Q3. It fall, as 8 investors sold SBCF shares while 38 reduced holdings. 26 funds opened positions while 42 raised stakes. 34.32 million shares or 3.56% more from 33.14 million shares in 2017Q3 were reported. Ameriprise accumulated 123,981 shares. Schwab Charles Investment Mgmt owns 219,834 shares or 0% of their US portfolio. Barr E S Com owns 43,650 shares or 0.11% of their US portfolio. Td Asset Mgmt invested 0% in Seacoast Banking Corporation of Florida (NASDAQ:SBCF). Los Angeles Cap Mngmt & Equity Research invested 0% of its portfolio in Seacoast Banking Corporation of Florida (NASDAQ:SBCF). Rhumbline Advisers owns 40,787 shares or 0% of their US portfolio. Citigroup Inc holds 0% or 9,886 shares in its portfolio. The Switzerland-based Swiss Financial Bank has invested 0% in Seacoast Banking Corporation of Florida (NASDAQ:SBCF). California Pub Employees Retirement System owns 48,869 shares for 0% of their portfolio. Vanguard Grp holds 0% of its portfolio in Seacoast Banking Corporation of Florida (NASDAQ:SBCF) for 1.91M shares. Parametric Associate Ltd Liability, Washington-based fund reported 18,174 shares. New York State Common Retirement Fund reported 0% stake. 65,936 are owned by Bnp Paribas Arbitrage. 76,440 were accumulated by Alliancebernstein Lp. Stratos Wealth Prns Ltd has invested 0% in Seacoast Banking Corporation of Florida (NASDAQ:SBCF).

Among 9 analysts covering Seacoast Banking Co. of Florida (NASDAQ:SBCF), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. Seacoast Banking Co. of Florida has $30.0 highest and $16 lowest target. $26.33’s average target is -13.90% below currents $30.58 stock price. Seacoast Banking Co. of Florida had 23 analyst reports since August 12, 2015 according to SRatingsIntel. The rating was maintained by FBR Capital with “Buy” on Friday, January 26. FBR Capital upgraded it to “Outperform” rating and $20 target in Tuesday, March 29 report. The firm has “Outperform” rating given on Thursday, September 1 by Keefe Bruyette & Woods. As per Friday, January 12, the company rating was maintained by Hovde Group. The company was downgraded on Monday, November 7 by FIG Partners. As per Wednesday, January 3, the company rating was maintained by Hovde Group. The rating was maintained by SunTrust on Monday, January 8 with “Buy”. The firm earned “Market Perform” rating on Friday, August 28 by Wood. SunTrust upgraded Seacoast Banking Corporation of Florida (NASDAQ:SBCF) on Monday, February 13 to “Buy” rating. The firm earned “Outperform” rating on Wednesday, February 7 by Hovde Group.

Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Institutional Positions Chart

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