Analysts take a look at Seacoast Banking Corporation of Florida (NASDAQ:SBCF) having this to say.

Investors sentiment decreased to 1.3 in 2019 Q1. Its down 0.32, from 1.62 in 2018Q4. It is negative, as 11 investors sold Seacoast Banking Corporation of Florida shares while 42 reduced holdings. 17 funds opened positions while 52 raised stakes. 42.13 million shares or 1.00% more from 41.71 million shares in 2018Q4 were reported.
Raymond James Services Advsr Incorporated holds 38,723 shares. 8,510 are owned by Everence Mngmt. New York-based Basswood Cap Mgmt Ltd has invested 0.12% in Seacoast Banking Corporation of Florida (NASDAQ:SBCF). American Group Inc Inc reported 35,372 shares. Principal Gp Incorporated reported 0.01% in Seacoast Banking Corporation of Florida (NASDAQ:SBCF). Palisades Hudson Asset Management Limited Partnership holds 0.18% or 10,386 shares. Invesco Ltd reported 147,019 shares or 0% of all its holdings. 1492 Ltd Liability invested in 2.05% or 91,796 shares. 1,000 were reported by Numerixs Investment Technology. Parametric Port Assoc Limited Liability Company reported 71,273 shares. Chatham Capital Gru Incorporated has invested 0.52% in Seacoast Banking Corporation of Florida (NASDAQ:SBCF). Investment Counselors Of Maryland Limited invested in 852,918 shares. 2.23M are owned by Jennison Associates Ltd Limited Liability Company. First State Bank Of Mount Dora Trust owns 0.47% invested in Seacoast Banking Corporation of Florida (NASDAQ:SBCF) for 40,507 shares. Glenmede Tru Com Na has invested 0% in Seacoast Banking Corporation of Florida (NASDAQ:SBCF).

Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Ratings Coverage

Among 2 analysts covering Seacoast Banking of Florida (NASDAQ:SBCF), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Seacoast Banking of Florida had 7 analyst reports since February 20, 2019 according to SRatingsIntel. Raymond James maintained Seacoast Banking Corporation of Florida (NASDAQ:SBCF) on Friday, June 21 with “Buy” rating. The rating was maintained by FBR Capital with “Buy” on Thursday, February 21. Below is a list of Seacoast Banking Corporation of Florida (NASDAQ:SBCF) latest ratings and price target changes.

21/06/2019 Broker: Raymond James Rating: Buy New Target: $29 Maintain
30/05/2019 Broker: BidaskScore Rating: Hold Upgrade
15/05/2019 Broker: BidaskScore Rating: Sell Downgrade
04/03/2019 Broker: Hovde Group Rating: Sell Downgrade
02/03/2019 Broker: BidaskScore Rating: Hold Upgrade
21/02/2019 Broker: FBR Capital Rating: Buy New Target: $32 Maintain
20/02/2019 Broker: BidaskScore Rating: Sell Downgrade

The stock decreased 0.08% or $0.02 during the last trading session, reaching $25. About 286,340 shares traded or 43.68% up from the average. Seacoast Banking Corporation of Florida (NASDAQ:SBCF) has declined 5.69% since August 13, 2018 and is downtrending. It has underperformed by 5.69% 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 $1.29 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 16.27 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.

More notable recent Seacoast Banking Corporation of Florida (NASDAQ:SBCF) news were published by: Bizjournals.com which released: “Merger details: Here’s what’s ahead for First Green Bank’s downtown Orlando office – Orlando Business Journal” on June 18, 2018, also Finance.Yahoo.com with their article: “Here’s What Hedge Funds Think About SPX FLOW, Inc. (FLOW) – Yahoo Finance” published on June 19, 2019, Bizjournals.com published: “It’s official: Here’s when Seacoast will close on $132M First Green Bank acquisition – Orlando Business Journal” on September 20, 2018. More interesting news about Seacoast Banking Corporation of Florida (NASDAQ:SBCF) were released by: Finance.Yahoo.com and their article: “Here’s What Seacoast Banking Corporation of Florida’s (NASDAQ:SBCF) P/E Is Telling Us – Yahoo Finance” published on May 10, 2019 as well as Globenewswire.com‘s news article titled: “Talend Enables Seacoast Bank to Ensure Compliance and Achieve Faster Analysis – GlobeNewswire” with publication date: April 29, 2019.

Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Institutional Positions Chart

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