Bryn Mawr Bank (BMTC) Is At $46.30 Formed Wedge; 3G Capital Partners LP Has Decreased Southern Copper (SCCO) Stake

January 18, 2018 - By Ellis Scott

3G Capital Partners Lp decreased Southern Copper Corp (SCCO) stake by 16.67% reported in 2017Q3 SEC filing. 3G Capital Partners Lp sold 50,000 shares as Southern Copper Corp (SCCO)’s stock declined 7.29%. The 3G Capital Partners Lp holds 250,000 shares with $9.94M value, down from 300,000 last quarter. Southern Copper Corp now has $38.52 billion valuation. The stock increased 0.99% or $0.49 during the last trading session, reaching $49.83. About 658,299 shares traded. Southern Copper Corporation (NYSE:SCCO) has risen 28.26% since January 18, 2017 and is uptrending. It has outperformed by 11.56% the S&P500.

Bryn Mawr Bank Corporation (BMTC) formed wedge up with $49.54 target or 7.00% above today’s $46.30 share price. Bryn Mawr Bank Corporation (BMTC) has $923.05M valuation. The stock increased 1.31% or $0.6 during the last trading session, reaching $46.3. About 32,381 shares traded. Bryn Mawr Bank Corporation (NASDAQ:BMTC) has risen 41.55% since January 18, 2017 and is uptrending. It has outperformed by 24.85% the S&P500.

Among 4 analysts covering Bryn Mawr Bank (NASDAQ:BMTC), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Bryn Mawr Bank has $53.0 highest and $34 lowest target. $43.50’s average target is -6.05% below currents $46.3 stock price. Bryn Mawr Bank had 9 analyst reports since July 28, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained Bryn Mawr Bank Corporation (NASDAQ:BMTC) on Friday, October 20 with “Buy” rating. The stock of Bryn Mawr Bank Corporation (NASDAQ:BMTC) earned “Market Perform” rating by FIG Partners on Tuesday, January 10. The stock of Bryn Mawr Bank Corporation (NASDAQ:BMTC) has “Outperform” rating given on Monday, July 24 by Boenning \u0026 Scattergood. Keefe Bruyette & Woods maintained Bryn Mawr Bank Corporation (NASDAQ:BMTC) rating on Tuesday, October 3. Keefe Bruyette & Woods has “Buy” rating and $47.0 target. The rating was maintained by Keefe Bruyette & Woods on Friday, July 21 with “Buy”. Keefe Bruyette & Woods maintained the shares of BMTC in report on Thursday, December 21 with “Buy” rating. The company was upgraded on Monday, August 31 by Zacks. Keefe Bruyette & Woods maintained Bryn Mawr Bank Corporation (NASDAQ:BMTC) on Monday, June 26 with “Buy” rating.

Investors sentiment decreased to 1.18 in 2017 Q3. Its down 0.68, from 1.86 in 2017Q2. It dived, as 7 investors sold Bryn Mawr Bank Corporation shares while 38 reduced holdings. 12 funds opened positions while 41 raised stakes. 13.46 million shares or 1.31% more from 13.28 million shares in 2017Q2 were reported. Alpine Woods Invsts Lc stated it has 12,500 shares or 0.03% of all its holdings. 10,200 are owned by Steinberg Glob Asset Management. Glenmede Tru Na holds 0% of its portfolio in Bryn Mawr Bank Corporation (NASDAQ:BMTC) for 4,080 shares. Polaris Cap Limited Co invested in 54,146 shares. Ameritas Investment Prtn has 0% invested in Bryn Mawr Bank Corporation (NASDAQ:BMTC). Geode Capital Mngmt holds 154,303 shares or 0% of its portfolio. The Minnesota-based Ameriprise Fin has invested 0% in Bryn Mawr Bank Corporation (NASDAQ:BMTC). Clearbridge Investments Limited Liability Corporation stated it has 150 shares or 0% of all its holdings. 115,257 were reported by Bryn Mawr Trust. California State Teachers Retirement System reported 26,697 shares. Zacks Investment Mngmt holds 0.03% or 24,887 shares in its portfolio. Deutsche State Bank Ag owns 22,132 shares. Voya Investment Mngmt Lc holds 0% or 10,955 shares. Employees Retirement Sys Of Ohio has 5,605 shares for 0% of their portfolio. American International owns 11,241 shares.

Since October 24, 2017, it had 0 buys, and 1 insider sale for $508,034 activity. $508,034 worth of stock was sold by KEEFER JOSEPH G on Tuesday, October 24.

Since July 31, 2017, it had 0 insider buys, and 2 insider sales for $25.27 million activity. The insider VELASCO GERMAN LARREA MOTA sold 135,000 shares worth $5.32M.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.



Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: