2 weeks Ago By Defense World Staff
Sei Investments Co. lifted its stake in shares of Seacoast Banking Co. of Florida ( NASDAQ:SBCF – Free Report ) by 4.
8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 85,387 shares of the financial services provider’s stock after acquiring an additional 3,946 shares during the quarter. Sei Investments Co.
owned approximately 0.10% of Seacoast Banking Co. of Florida worth $2,351,000 at the end of the most recent reporting period.
Other hedge funds also recently made changes to their positions in the company. Smartleaf Asset Management LLC increased its stake in shares of Seacoast Banking Co. of Florida by 154.
0% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,120 shares of the financial services provider’s stock worth $31,000 after purchasing an additional 679 shares in the last quarter. Kestra Investment Management LLC bought a new position in Seacoast Banking Co.
of Florida in the 4th quarter worth $34,000. Venturi Wealth Management LLC bought a new position in Seacoast Banking Co. of Florida in the 4th quarter worth $76,000.
KBC Group NV increased its stake in Seacoast Banking Co. of Florida by 33.7% in the 4th quarter.
KBC Group NV now owns 4,447 shares of the financial services provider’s stock worth $122,000 after buying an additional 1,121 shares in the last quarter. Finally, FMR LLC raised its holdings in Seacoast Banking Co. of Florida by 57.
3% during the third quarter. FMR LLC now owns 5,382 shares of the financial services provider’s stock valued at $143,000 after acquiring an additional 1,960 shares during the period. 81.
77% of the stock is currently owned by institutional investors. Analyst Upgrades and Downgrades SBCF has been the subject of a number of recent analyst reports. Stephens upped their price objective on Seacoast Banking Co.
of Florida from $28.00 to $29.00 and gave the stock an “equal weight” rating in a research note on Monday, March 3rd.
StockNews.com cut shares of Seacoast Banking Co. of Florida from a “hold” rating to a “sell” rating in a research note on Thursday.
Finally, Raymond James reiterated an “outperform” rating and issued a $31.00 price target (up previously from $29.00) on shares of Seacoast Banking Co.
of Florida in a research note on Wednesday, January 29th. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.
com, the company currently has an average rating of “Hold” and a consensus target price of $30.00. Seacoast Banking Co.
of Florida Price Performance Seacoast Banking Co. of Florida stock opened at $22.69 on Friday.
The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.
16. Seacoast Banking Co. of Florida has a 52-week low of $21.
90 and a 52-week high of $31.68. The firm’s fifty day moving average is $27.
29 and its 200 day moving average is $27.60. The company has a market cap of $1.
94 billion, a price-to-earnings ratio of 15.87 and a beta of 1.09.
Seacoast Banking Co. of Florida ( NASDAQ:SBCF – Get Free Report ) last issued its quarterly earnings data on Monday, January 27th. The financial services provider reported $0.
48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.15.
Seacoast Banking Co. of Florida had a return on equity of 5.91% and a net margin of 14.
95%. Sell-side analysts forecast that Seacoast Banking Co. of Florida will post 1.
71 EPS for the current fiscal year. Seacoast Banking Co. of Florida Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st.
Shareholders of record on Friday, March 14th were paid a dividend of $0.18 per share. This represents a $0.
72 annualized dividend and a yield of 3.17%. The ex-dividend date of this dividend was Friday, March 14th.
Seacoast Banking Co. of Florida’s payout ratio is 50.35%.
Seacoast Banking Co. of Florida Company Profile ( Free Report ) Seacoast Banking Corp. of Florida is a financial holding company, which engages in the provision of integrated financial services.
It provides banking and investment services to businesses and consumers, including personal and business deposit products, Internet and mobile banking, personal, commercial and mortgage loans, wealth management services, and treasury management solutions. See Also Five stocks we like better than Seacoast Banking Co. of Florida How to buy stock: A step-by-step guide for beginners Archer Aviation’s Africa Deal Could Boost ACHR Stock 3 Fintech Stocks With Good 2021 Prospects Are Short Sellers Wrong About These 3 Semiconductor Stocks? How is Compound Interest Calculated? Boeing Gets $50B in March Orders—Is BA Stock a Buy Now? Want to see what other hedge funds are holding SBCF? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Seacoast Banking Co. of Florida ( NASDAQ:SBCF – Free Report ). Receive News & Ratings for Seacoast Banking Co.
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