Sandy Spring Bancorp, Inc. (SASR) Analysts See $0.80 EPS

June 21, 2018 - By Hazel Jackson

Sandy Spring Bancorp, Inc. (NASDAQ:SASR) LogoInvestors sentiment increased to 2.46 in Q1 2018. Its up 0.92, from 1.54 in 2017Q4. It increased, as 18 investors sold Sandy Spring Bancorp, Inc. shares while 23 reduced holdings. 41 funds opened positions while 60 raised stakes. 22.60 million shares or 33.01% more from 16.99 million shares in 2017Q4 were reported.
Cwm Limited Liability owns 0% invested in Sandy Spring Bancorp, Inc. (NASDAQ:SASR) for 990 shares. Macquarie Gru Ltd invested 0% of its portfolio in Sandy Spring Bancorp, Inc. (NASDAQ:SASR). Bancorporation Of Montreal Can reported 46,905 shares. Great West Life Assurance Co Can accumulated 0% or 3,910 shares. Alpine Woods Cap Invsts Ltd Liability holds 7,000 shares or 0.01% of its portfolio. Goldman Sachs Grp Inc has 0.01% invested in Sandy Spring Bancorp, Inc. (NASDAQ:SASR). Ls Advsrs Llc reported 1,906 shares. Bowling Portfolio Ltd invested 0.25% of its portfolio in Sandy Spring Bancorp, Inc. (NASDAQ:SASR). Jcsd Capital Ltd Liability has 203,036 shares for 5.74% of their portfolio. Swiss Bancshares reported 0% stake. Automobile Association has 5,313 shares. D E Shaw & Company Incorporated reported 12,840 shares stake. Zebra Cap Management Ltd has invested 0.37% in Sandy Spring Bancorp, Inc. (NASDAQ:SASR). The Connecticut-based Aqr Capital Mgmt Ltd Liability Corp has invested 0.01% in Sandy Spring Bancorp, Inc. (NASDAQ:SASR). Maryland Management accumulated 21,376 shares or 0.12% of the stock.

Since January 22, 2018, it had 2 buys, and 33 selling transactions for $10.37 million activity. McDowell Ronda M sold $71,034 worth of Sandy Spring Bancorp, Inc. (NASDAQ:SASR) on Tuesday, January 30. On Thursday, May 17 Michael Mark C sold $40,790 worth of Sandy Spring Bancorp, Inc. (NASDAQ:SASR) or 1,000 shares. On Friday, June 8 Andersen Shaza L sold $433,706 worth of Sandy Spring Bancorp, Inc. (NASDAQ:SASR) or 10,000 shares. Shares for $36,760 were bought by Friis Mark E. Stephenson Mona Abutaleb had bought 600 shares worth $22,693 on Monday, February 5. 1,538 Sandy Spring Bancorp, Inc. (NASDAQ:SASR) shares with value of $59,408 were sold by REEDER JOE.

Analysts expect Sandy Spring Bancorp, Inc. (NASDAQ:SASR) to report $0.80 EPS on July, 19.They anticipate $0.19 EPS change or 31.15 % from last quarter’s $0.61 EPS. SASR’s profit would be $28.40 million giving it 13.30 P/E if the $0.80 EPS is correct. After having $0.80 EPS previously, Sandy Spring Bancorp, Inc.’s analysts see 0.00 % EPS growth. The stock increased 0.52% or $0.22 during the last trading session, reaching $42.56. About 136,966 shares traded. Sandy Spring Bancorp, Inc. (NASDAQ:SASR) has risen 6.43% since June 21, 2017 and is uptrending. It has underperformed by 6.14% the S&P500.

Sandy Spring Bancorp, Inc. (NASDAQ:SASR) Ratings Coverage

Among 4 analysts covering Sandy Spring Bancorp (NASDAQ:SASR), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Sandy Spring Bancorp had 6 analyst reports since December 21, 2017 according to SRatingsIntel. Stephens upgraded Sandy Spring Bancorp, Inc. (NASDAQ:SASR) on Thursday, February 22 to “Overweight” rating. As per Friday, January 12, the company rating was maintained by Sandler O’Neill. Keefe Bruyette & Woods maintained Sandy Spring Bancorp, Inc. (NASDAQ:SASR) on Friday, January 19 with “Hold” rating. Keefe Bruyette & Woods upgraded Sandy Spring Bancorp, Inc. (NASDAQ:SASR) on Tuesday, April 24 to “Buy” rating. The stock of Sandy Spring Bancorp, Inc. (NASDAQ:SASR) has “Hold” rating given on Thursday, December 21 by Keefe Bruyette & Woods. Robert W. Baird maintained the stock with “Hold” rating in Wednesday, January 10 report.

Sandy Spring Bancorp, Inc. operates as the bank holding firm for Sandy Spring Bank that provides commercial and retail banking services to individuals and businesses in central Maryland, Northern Virginia, and Washington D. The company has market cap of $1.51 billion. C. markets. It has a 19.35 P/E ratio. It operates through three divisions: Community Banking, Insurance, and Investment Management.

More news for Sandy Spring Bancorp, Inc. (NASDAQ:SASR) were recently published by: Globenewswire.com, which released: “New Research: Key Drivers of Growth for PCM, WGL, Savara, ConforMIS, Sandy Spring, and West Pharmaceutical …” on May 23, 2018. Businesswire.com‘s article titled: “KBRA Assigns BBB+ Senior Unsecured Debt Rating for Sandy Spring Bancorp, Inc.” and published on June 06, 2018 is yet another important article.

Sandy Spring Bancorp, Inc. (NASDAQ:SASR) Institutional Positions Chart

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