Forest Hill Capital LLC Cut Iberiabank Corp (IBKC) Position by $3.09 Million; Share Value Declined

IBERIABANK Corporation (NASDAQ:IBKC) LogoInvestors sentiment decreased to 0.98 in 2019 Q2. Its down 0.42, from 1.4 in 2019Q1. It dropped, as 15 investors sold IBKC shares while 88 reduced holdings. 33 funds opened positions while 68 raised stakes. 43.19 million shares or 2.12% less from 44.13 million shares in 2019Q1 were reported. Nuveen Asset Mgmt Limited Liability holds 1.24M shares or 0.04% of its portfolio. Federated Inc Pa reported 0.05% stake. Bailard holds 0.03% of its portfolio in IBERIABANK Corporation (NASDAQ:IBKC) for 7,275 shares. Inv Management Of Virginia Ltd invested 2.5% in IBERIABANK Corporation (NASDAQ:IBKC). Quantitative Systematic Strategies has 9,351 shares. D E Shaw And accumulated 0.02% or 183,441 shares. Bank Of Montreal Can has 0% invested in IBERIABANK Corporation (NASDAQ:IBKC) for 74,558 shares. Quantitative Inv Mgmt invested in 10,384 shares. California State Teachers Retirement System holds 83,067 shares or 0.01% of its portfolio. 50,000 were reported by Jacobs Asset Mgmt Ltd Liability Com. Art Advsr Ltd Liability invested in 0.06% or 13,846 shares. Sfmg Ltd Liability Corp reported 7,056 shares. Clearbridge Investments invested in 0% or 29,767 shares. First Trust Advsrs Limited Partnership invested 0.01% in IBERIABANK Corporation (NASDAQ:IBKC). Martingale Asset Mgmt LP reported 0.03% of its portfolio in IBERIABANK Corporation (NASDAQ:IBKC).

Since March 14, 2019, it had 1 insider purchase, and 0 insider sales for $972,530 activity. $381,198 worth of IBERIABANK Corporation (NASDAQ:IBKC) shares were bought by COOPER ANGUS R II.

Forest Hill Capital Llc decreased its stake in Iberiabank Corp (IBKC) by 22.03% based on its latest 2019Q2 regulatory filing with the SEC. Forest Hill Capital Llc sold 41,249 shares as the company’s stock declined 0.28% . The hedge fund held 146,003 shares of the major banks company at the end of 2019Q2, valued at $11.07 million, down from 187,252 at the end of the previous reported quarter. Forest Hill Capital Llc who had been investing in Iberiabank Corp for a number of months, seems to be less bullish one the $4.19 billion market cap company. The stock increased 2.43% or $1.84 during the last trading session, reaching $77.46. About 292,444 shares traded or 2.65% up from the average. IBERIABANK Corporation (NASDAQ:IBKC) has declined 5.85% since September 13, 2018 and is downtrending. It has underperformed by 5.85% the S&P500.

Analysts await IBERIABANK Corporation (NASDAQ:IBKC) to report earnings on October, 18. They expect $1.79 EPS, up 2.87 % or $0.05 from last year’s $1.74 per share. IBKC’s profit will be $96.76M for 10.82 P/E if the $1.79 EPS becomes a reality. After $1.87 actual EPS reported by IBERIABANK Corporation for the previous quarter, Wall Street now forecasts -4.28 % negative EPS growth.

More notable recent IBERIABANK Corporation (NASDAQ:IBKC) news were published by: Finance.Yahoo.com which released: “Why IBERIABANK Corporation (NASDAQ:IBKC) Is A Dividend Rockstar – Yahoo Finance” on August 15, 2019, also Prnewswire.com with their article: “IBERIABANK Corporation Declares Cash Dividend on Series B Preferred Stock – PRNewswire” published on July 03, 2019, Bizjournals.com published: “Banking veteran named Tampa Bay market president for IberiaBank Corp. – Tampa Bay Business Journal” on April 09, 2019. More interesting news about IBERIABANK Corporation (NASDAQ:IBKC) were released by: Finance.Yahoo.com and their article: “Does IBERIABANK (NASDAQ:IBKC) Deserve A Spot On Your Watchlist? – Yahoo Finance” published on May 17, 2019 as well as Prnewswire.com‘s news article titled: “IBERIABANK Corporation Announces Pricing of $100 Million Preferred Stock Offering – PRNewswire” with publication date: March 28, 2019.

IBERIABANK Corporation (NASDAQ:IBKC) Institutional Positions Chart

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