Do Institutional Investors Love Access National Corp (NASDAQ:ANCX)?

April 21, 2018 - By Maria Brooks

Sentiment for Access National Corp (NASDAQ:ANCX)

Access National Corp (NASDAQ:ANCX) institutional sentiment increased to 1.82 in Q4 2017. Its up 0.32, from 1.5 in 2017Q3. The ratio is better, as 40 investment professionals increased or started new equity positions, while 22 sold and decreased their positions in Access National Corp. The investment professionals in our partner’s database now own: 6.83 million shares, up from 6.82 million shares in 2017Q3. Also, the number of investment professionals holding Access National Corp in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 4 Reduced: 18 Increased: 27 New Position: 13.

Access National Corporation operates as a bank holding firm for Access National Bank that provides credit, deposit, mortgage, and wealth management services to small and medium sized businesses, professionals, and associated individuals primarily in the greater Washington, D.C. The company has market cap of $606.21 million. Metropolitan Area. It has a 31.94 P/E ratio. The firm operates through three divisions: Commercial Banking, Mortgage Banking, and Wealth Management.

The stock increased 0.24% or $0.07 during the last trading session, reaching $29.29. About 31,985 shares traded. Access National Corporation (NASDAQ:ANCX) has declined 1.11% since April 21, 2017 and is downtrending. It has underperformed by 12.66% the S&P500.

Motley Fool Asset Management Llc holds 0.54% of its portfolio in Access National Corporation for 90,529 shares. Buckingham Asset Management Llc owns 58,848 shares or 0.34% of their US portfolio. Moreover, Penn Capital Management Co Inc has 0.3% invested in the company for 153,184 shares. The Virginia-based Motley Fool Wealth Management Llc has invested 0.26% in the stock. Montgomery Investment Management Inc, a Maryland-based fund reported 12,792 shares.

Since January 1, 0001, it had 5 insider buys, and 0 selling transactions for $38,106 activity.

Access National Corporation (NASDAQ:ANCX) Ratings Coverage

Ratings analysis reveals 50% of Access National’s analysts are positive. Out of 4 Wall Street analysts rating Access National, 2 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $30.0 while the high is $33. The stock’s average target of $31.50 is 7.55% above today’s ($29.29) share price. ANCX was included in 8 notes of analysts from October 30, 2017. Maxim Group maintained it with “Buy” rating and $33 target in Monday, October 30 report. The company was maintained on Thursday, December 21 by Keefe Bruyette & Woods. The stock of Access National Corporation (NASDAQ:ANCX) earned “Hold” rating by Sandler O’Neill on Wednesday, January 31. The firm has “Hold” rating given on Friday, November 3 by Keefe Bruyette & Woods. Sandler O’Neill maintained Access National Corporation (NASDAQ:ANCX) on Thursday, January 4 with “Hold” rating. Maxim Group maintained Access National Corporation (NASDAQ:ANCX) rating on Thursday, February 1. Maxim Group has “Buy” rating and $33.0 target. Keefe Bruyette & Woods maintained it with “Hold” rating and $31.0 target in Friday, February 2 report.

Access National Corporation (NASDAQ:ANCX) Institutional Positions Chart

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