Tristate Capital Holdings Inc (NASDAQ:TSC) Stock Price Up as Sentiment Drops

April 19, 2018 - By Darrin Black

Sentiment for Tristate Capital Holdings Inc (NASDAQ:TSC)

Tristate Capital Holdings Inc (NASDAQ:TSC) institutional sentiment decreased to 1.13 in Q4 2017. Its down -0.03, from 1.16 in 2017Q3. The ratio is negative, as 45 active investment managers started new and increased holdings, while 40 sold and reduced stock positions in Tristate Capital Holdings Inc. The active investment managers in our partner’s database now hold: 16.85 million shares, down from 16.98 million shares in 2017Q3. Also, the number of active investment managers holding Tristate Capital Holdings Inc in their top 10 holdings was flat from 3 to 3 for the same number . Sold All: 8 Reduced: 32 Increased: 37 New Position: 8.

TriState Capital Holdings, Inc. operates as the bank holding firm for TriState Capital Bank that provides various commercial and private banking services to middle-market businesses and high-net-worth individuals in the United States. The company has market cap of $712.67 million. The firm operates in two divisions, Bank and Investment Management. It has a 18.67 P/E ratio. The Company’s deposit products include checking accounts, money market deposit accounts, and certificates of deposit, as well as promontoryÂ’s certificate of deposit account registry service and insured cash sweep services.

The stock increased 4.23% or $1 during the last trading session, reaching $24.65. About 66,825 shares traded. Tristate Capital Holdings, Inc. (NASDAQ:TSC) has 0.00% since April 19, 2017 and is . It has underperformed by 11.55% the S&P500.

Second Curve Capital Llc holds 10.65% of its portfolio in Tristate Capital Holdings, Inc. for 1.18 million shares. Castine Capital Management Llc owns 303,511 shares or 2.37% of their US portfolio. Moreover, Northpointe Capital Llc has 1.92% invested in the company for 744,343 shares. The Illinois-based Banc Funds Co Llc has invested 1.91% in the stock. 1492 Capital Management Llc, a Wisconsin-based fund reported 94,104 shares.#img1#

Since January 1, 0001, it had 8 buys, and 3 sales for $1.67 million activity.

Tristate Capital Holdings, Inc. (NASDAQ:TSC) Ratings Coverage

Ratings analysis reveals 80% of Tristate Capital’s analysts are positive. Out of 5 Wall Street analysts rating Tristate Capital, 4 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $26.0 while the high is $32.0. The stock’s average target of $28.20 is 14.40% above today’s ($24.65) share price. TSC was included in 7 notes of analysts from December 11, 2017. The firm has “Buy” rating by Stephens given on Friday, January 26. Keefe Bruyette & Woods maintained it with “Buy” rating and $31.0 target in Thursday, December 21 report. The stock has “Hold” rating by Robert W. Baird on Wednesday, January 10. The rating was maintained by Maxim Group with “Buy” on Thursday, January 25. Keefe Bruyette & Woods maintained Tristate Capital Holdings, Inc. (NASDAQ:TSC) rating on Monday, February 26. Keefe Bruyette & Woods has “Buy” rating and $32.0 target. The stock of Tristate Capital Holdings, Inc. (NASDAQ:TSC) earned “Buy” rating by Keefe Bruyette & Woods on Friday, March 16.

Tristate Capital Holdings, Inc. (NASDAQ:TSC) Institutional Positions Chart

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