AllianceBernstein Holding L.P. (AB) Is At $27.45 Formed Wedge; Profile of 5 Analysts Covering Seacoast Banking of Florida (SBCF)

Among 9 analysts covering Seacoast Banking Co. of Florida (NASDAQ:SBCF), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. Seacoast Banking Co. of Florida had 20 analyst reports since August 12, 2015 according to SRatingsIntel. On Tuesday, March 29 the stock rating was upgraded by FBR Capital to “Outperform”. The company was upgraded on Monday, February 13 by SunTrust. As per Thursday, September 1, the company rating was upgraded by Keefe Bruyette & Woods. Hovde Group maintained Seacoast Banking Corporation of Florida (NASDAQ:SBCF) rating on Wednesday, January 3. Hovde Group has “Hold” rating and $27.0 target. Raymond James initiated the shares of SBCF in report on Wednesday, November 30 with “Outperform” rating. On Wednesday, May 11 the stock rating was upgraded by Hovde Group to “Outperform”. The company was downgraded on Tuesday, September 6 by Hovde Group. Zacks downgraded the stock to “Hold” rating in Wednesday, August 19 report. Sandler O’Neill upgraded the shares of SBCF in report on Thursday, January 11 to “Buy” rating. The stock of Seacoast Banking Corporation of Florida (NASDAQ:SBCF) has “Buy” rating given on Tuesday, November 28 by SunTrust. See Seacoast Banking Corporation of Florida (NASDAQ:SBCF) latest ratings:

12/01/2018 Broker: Hovde Group Rating: Hold New Target: $30.0 Maintain
11/01/2018 Broker: Sandler O’Neill Rating: Buy Upgrade
08/01/2018 Broker: SunTrust Rating: Buy New Target: $30.0 Maintain
04/01/2018 Broker: Sandler O’Neill Rating: Hold New Target: $27.0 Maintain
03/01/2018 Broker: Hovde Group Rating: Hold New Target: $27.0 Maintain
28/11/2017 Broker: SunTrust Rating: Buy New Target: $29.0 Maintain
05/09/2017 Broker: FBR Capital Rating: Buy New Target: $27.0

AllianceBernstein Holding L.P. (AB) formed wedge up with $29.65 target or 8.00% above today’s $27.45 share price. AllianceBernstein Holding L.P. (AB) has $2.57B valuation. The stock decreased 0.18% or $0.05 during the last trading session, reaching $27.45. About 163,686 shares traded. AllianceBernstein Holding L.P. (NYSE:AB) has declined 7.46% since January 23, 2017 and is downtrending. It has underperformed by 24.16% the S&P500.

Investors sentiment decreased to 0.82 in Q3 2017. Its down 0.23, from 1.05 in 2017Q2. It dropped, as 17 investors sold AllianceBernstein Holding L.P. shares while 43 reduced holdings. 15 funds opened positions while 34 raised stakes. 18.55 million shares or 6.52% more from 17.41 million shares in 2017Q2 were reported. Ubs Oconnor Limited Liability Co holds 176,700 shares. First Interstate Bancorporation has invested 0% of its portfolio in AllianceBernstein Holding L.P. (NYSE:AB). Virtu Financial Ltd Liability Company stated it has 0% of its portfolio in AllianceBernstein Holding L.P. (NYSE:AB). Schroder Inv Gp holds 0% of its portfolio in AllianceBernstein Holding L.P. (NYSE:AB) for 10,789 shares. Raymond James Assoc has invested 0% in AllianceBernstein Holding L.P. (NYSE:AB). Alliancebernstein L P accumulated 0% or 34,043 shares. Benjamin F Edwards & owns 900 shares. Deutsche National Bank Ag holds 0% of its portfolio in AllianceBernstein Holding L.P. (NYSE:AB) for 252,600 shares. Whittier Trust holds 250 shares. Baldwin Brothers Ma, Massachusetts-based fund reported 18,300 shares. Kistler holds 925 shares. Sadoff Invest Management Ltd owns 0.55% invested in AllianceBernstein Holding L.P. (NYSE:AB) for 255,750 shares. Commonwealth Equity Ser reported 0.01% of its portfolio in AllianceBernstein Holding L.P. (NYSE:AB). Creative Planning invested in 0% or 18,339 shares. Moreover, Franklin Res Inc has 0.02% invested in AllianceBernstein Holding L.P. (NYSE:AB) for 1.41M shares.

Among 6 analysts covering AllianceBernstein Holding (NYSE:AB), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. AllianceBernstein Holding has $33 highest and $2 lowest target. $27.50’s average target is 0.18% above currents $27.45 stock price. AllianceBernstein Holding had 28 analyst reports since August 3, 2015 according to SRatingsIntel. The rating was maintained by Keefe Bruyette & Woods on Friday, September 1 with “Buy”. Credit Suisse maintained AllianceBernstein Holding L.P. (NYSE:AB) rating on Friday, August 11. Credit Suisse has “Neutral” rating and $28 target. The company was upgraded on Thursday, October 26 by Citigroup. Bank of America upgraded AllianceBernstein Holding L.P. (NYSE:AB) on Tuesday, March 15 to “Buy” rating. As per Wednesday, October 7, the company rating was downgraded by Bank of America. The rating was maintained by Keefe Bruyette & Woods on Friday, February 12 with “Market Perform”. Jefferies maintained it with “Hold” rating and $25.0 target in Thursday, August 17 report. Jefferies maintained AllianceBernstein Holding L.P. (NYSE:AB) rating on Wednesday, June 28. Jefferies has “Hold” rating and $2100 target. On Monday, July 11 the stock rating was maintained by Jefferies with “Hold”. The firm has “Buy” rating by Keefe Bruyette & Woods given on Thursday, July 27.

Analysts await AllianceBernstein Holding L.P. (NYSE:AB) to report earnings on February, 13. They expect $0.64 earnings per share, down 4.48% or $0.03 from last year’s $0.67 per share. AB’s profit will be $59.99 million for 10.72 P/E if the $0.64 EPS becomes a reality. After $0.51 actual earnings per share reported by AllianceBernstein Holding L.P. for the previous quarter, Wall Street now forecasts 25.49% EPS growth.

Since August 8, 2017, it had 0 buys, and 1 sale for $53,042 activity. On Tuesday, August 8 Goldman Roger sold $53,042 worth of Seacoast Banking Corporation of Florida (NASDAQ:SBCF) or 2,200 shares.

Investors sentiment decreased to 1.6 in Q3 2017. Its down 0.57, from 2.17 in 2017Q2. It is negative, as 13 investors sold Seacoast Banking Corporation of Florida shares while 29 reduced holdings. 22 funds opened positions while 45 raised stakes. 33.14 million shares or 2.65% more from 32.28 million shares in 2017Q2 were reported. Morgan Stanley stated it has 333,132 shares. 11,500 are held by Marshwinds Advisory. 9,100 are held by Hutchin Hill L P. State Street holds 1.07 million shares or 0% of its portfolio. Segall Bryant Hamill Llc accumulated 692,365 shares or 0.38% of the stock. Renaissance Technology Ltd Liability Co holds 392,900 shares. Hillcrest Asset Management Ltd Limited Liability Company accumulated 397,896 shares. Manufacturers Life Ins The reported 32,564 shares or 0% of all its holdings. Employees Retirement Of Texas, a Texas-based fund reported 53,000 shares. Dimensional Fund L P reported 1.36 million shares or 0.01% of all its holdings. Ny State Common Retirement Fund has invested 0% in Seacoast Banking Corporation of Florida (NASDAQ:SBCF). Tower Rech Capital Ltd Limited Liability Company (Trc) has invested 0.03% in Seacoast Banking Corporation of Florida (NASDAQ:SBCF). Aqr Capital Limited Liability Co stated it has 0% of its portfolio in Seacoast Banking Corporation of Florida (NASDAQ:SBCF). Sg Americas Secs Limited Liability Corporation owns 0% invested in Seacoast Banking Corporation of Florida (NASDAQ:SBCF) for 8,837 shares. Deutsche Bankshares Ag, Germany-based fund reported 43,917 shares.

The stock decreased 0.59% or $0.16 during the last trading session, reaching $26.81. About 95,905 shares traded. Seacoast Banking Corporation of Florida (NASDAQ:SBCF) has risen 38.63% since January 23, 2017 and is uptrending. It has outperformed by 21.93% the S&P500.

Seacoast Banking Corporation of Florida operates as the bank holding firm for Seacoast National Bank that provides community banking services to the commercial, small business, and retail clients in Florida. The company has market cap of $1.26 billion. It offers various transaction and savings deposit products; secured and unsecured loan products, including revolving credit facilities, letters of credit and related financial guarantees, and asset based financing; and securities and annuity products. It has a 27.25 P/E ratio. The firm also provides trust and asset management services to retirement plans, firms, and individuals; treasury management services; brokerage services; and Internet and mobile banking services.