State of Alaska Division of Income lessened its holdings in Seacoast Banking Co. of Florida (NASDAQ:SBCF – Get Rating) by 1.2% throughout the first quarter, Holdings Channel.com experiences. The institutional investor owned 40,815 shares of the monetary providers supplier’s inventory after promoting 500 shares throughout the quarter. State of Alaska Division of Income’s holdings in Seacoast Banking Co. of Florida had been price $1,429,000 as of its most up-to-date submitting with the Securities & Trade Fee.
A number of different hedge funds and different institutional buyers have additionally made adjustments to their positions in SBCF. UMB Financial institution N A MO bought a brand new place in shares of Seacoast Banking Co. of Florida within the 4th quarter price roughly $29,000. Emfo LLC bought a brand new place in Seacoast Banking Co. of Florida within the fourth quarter valued at roughly $30,000. First Horizon Advisors Inc. lifted its stake in Seacoast Banking Co. of Florida by 156.7% within the fourth quarter. First Horizon Advisors Inc. now owns 1,638 shares of the monetary providers supplier’s inventory valued at $57,000 after buying a further 1,000 shares over the last quarter. Captrust Monetary Advisors lifted its stake in Seacoast Banking Co. of Florida by 15.7% within the third quarter. Captrust Monetary Advisors now owns 1,977 shares of the monetary providers supplier’s inventory valued at $67,000 after buying a further 269 shares over the last quarter. Lastly, Godsey & Gibb Associates bought a brand new place in Seacoast Banking Co. of Florida within the fourth quarter valued at roughly $70,000. Hedge funds and different institutional buyers personal 79.87% of the corporate’s inventory.
Individually, StockNews.com downgraded Seacoast Banking Co. of Florida from a “maintain” score to a “promote” score in a analysis word on Friday, Could sixth.
NASDAQ:SBCF opened at $33.61 on Monday. The corporate has a market cap of $2.06 billion, a P/E ratio of 17.60 and a beta of 1.12. The inventory’s fifty day transferring common worth is $33.27 and its two-hundred day transferring common worth is $34.88. Seacoast Banking Co. of Florida has a 1 12 months low of $29.28 and a 1 12 months excessive of $39.31. The corporate has a debt-to-equity ratio of 0.05, a present ratio of 0.81 and a fast ratio of 0.81.
Seacoast Banking Co. of Florida (NASDAQ:SBCF – Get Rating) final posted its earnings outcomes on Thursday, April twenty eighth. The monetary providers supplier reported $0.33 earnings per share (EPS) for the quarter, lacking the consensus estimate of $0.45 by ($0.12). The corporate had income of $91.90 million for the quarter, in comparison with analysts’ expectations of $91.53 million. Seacoast Banking Co. of Florida had a return on fairness of 9.85% and a web margin of 30.77%. Throughout the identical quarter within the prior 12 months, the corporate earned $0.63 EPS. On common, analysts count on that Seacoast Banking Co. of Florida will submit 2 earnings per share for the present fiscal 12 months.
The enterprise additionally lately introduced a quarterly dividend, which was paid on Thursday, June thirtieth. Shareholders of report on Wednesday, June fifteenth got a dividend of $0.17 per share. The ex-dividend date was Tuesday, June 14th. This represents a $0.68 annualized dividend and a dividend yield of two.02%. This is a rise from Seacoast Banking Co. of Florida’s earlier quarterly dividend of $0.13. Seacoast Banking Co. of Florida’s dividend payout ratio is at the moment 35.60%.
Seacoast Banking Co. of Florida Profile (Get Rating)
Seacoast Banking Company of Florida operates because the financial institution holding firm for Seacoast Nationwide Financial institution that gives monetary providers to retail and industrial prospects in Florida. It gives industrial and retail banking, wealth administration, and mortgage providers; and brokerage and annuity providers.
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