How Analysts Feel About Ameris Bancorp (NASDAQ:ABCB)?

Ameris Bancorp (NASDAQ:ABCB) Logo
Investors sentiment decreased to 1.41 in Q1 2019. Its down 0.12, from 1.53 in 2018Q4. It dived, as 17 investors sold Ameris Bancorp shares while 47 reduced holdings. 31 funds opened positions while 59 raised stakes. 40.14 million shares or 2.10% more from 39.31 million shares in 2018Q4 were reported.
Kennedy Capital has invested 0.41% of its portfolio in Ameris Bancorp (NASDAQ:ABCB). 137,253 are held by Thrivent Fincl For Lutherans. Piedmont Advisors Inc stated it has 10,149 shares. Envestnet Asset Mgmt reported 0% stake. Tower Ltd Llc (Trc) stated it has 963 shares. Bancorporation Of New York Mellon Corporation holds 816,514 shares. Maltese Cap Mngmt Ltd Llc accumulated 605,807 shares. Jpmorgan Chase And Com owns 269,062 shares or 0% of their US portfolio. Voya Inv Management Limited Liability invested 0% in Ameris Bancorp (NASDAQ:ABCB). Metropolitan Life Insur New York invested 0.03% in Ameris Bancorp (NASDAQ:ABCB). Zurcher Kantonalbank (Zurich Cantonalbank) invested in 2,468 shares or 0% of the stock. Invest Counselors Of Maryland Ltd stated it has 0.99% of its portfolio in Ameris Bancorp (NASDAQ:ABCB). 27,651 were reported by Citigroup. Amalgamated National Bank reported 0.01% of its portfolio in Ameris Bancorp (NASDAQ:ABCB). Smithfield Co stated it has 3,233 shares or 0.01% of all its holdings.

Since January 28, 2019, it had 2 buys, and 0 insider sales for $48,345 activity. $18,345 worth of stock was bought by Bowen William I. Jr. on Monday, January 28.

Ameris Bancorp (NASDAQ:ABCB) Ratings Coverage

Among 2 analysts covering Ameris Bancorp (NASDAQ:ABCB), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Ameris Bancorp had 5 analyst reports since January 29, 2019 according to SRatingsIntel. The stock of Ameris Bancorp (NASDAQ:ABCB) earned “Buy” rating by SunTrust on Tuesday, January 29. Below is a list of Ameris Bancorp (NASDAQ:ABCB) latest ratings and price target changes.

12/07/2019 Broker: Raymond James Rating: Outperform New Target: $45.0000 Initiates Coverage On
01/06/2019 Broker: BidaskScore Rating: Sell Upgrade
21/05/2019 Broker: BidaskScore Rating: Sell Downgrade
22/02/2019 Broker: BidaskScore Rating: Hold Upgrade
29/01/2019 Broker: SunTrust Old Rating: Hold New Rating: Buy New Target: $48 Upgrade

The stock increased 0.91% or $0.35 during the last trading session, reaching $38.95. About 393,479 shares traded. Ameris Bancorp (NASDAQ:ABCB) has declined 34.27% since July 14, 2018 and is downtrending. It has underperformed by 38.70% the S&P500.

Ameris Bancorp operates as the holding firm for Ameris Bank that provides banking services to retail and commercial clients primarily in Georgia, Alabama, Florida, and South Carolina. The company has market cap of $2.72 billion. The firm operates through four divisions: Banking Division, Retail Mortgage Division, Warehouse Lending Division, and SBA Division. It has a 13.22 P/E ratio. It offers commercial and retail checking accounts, regular interest-bearing savings accounts, money market accounts, individual retirement accounts, and certificates of deposit.

More notable recent Ameris Bancorp (NASDAQ:ABCB) news were published by: Seekingalpha.com which released: “Ameris Bancorp Q4 2018 Earnings Preview – Seeking Alpha” on January 24, 2019, also Bizjournals.com with their article: “Ameris to close branches in cost-cutting measure – Jacksonville Business Journal” published on September 20, 2018, Seekingalpha.com published: “Stocks To Watch: Calling Up Animal Spirits – Seeking Alpha” on September 22, 2018. More interesting news about Ameris Bancorp (NASDAQ:ABCB) were released by: Seekingalpha.com and their article: “Fidelty Southern Gets Acquired: I’m Taking Profits – Seeking Alpha” published on January 15, 2019 as well as Nasdaq.com‘s news article titled: “Ameris Bancorp (ABCB) Closes Fidelity Deal, Appoints New CEO – Nasdaq” with publication date: July 03, 2019.

Ameris Bancorp (NASDAQ:ABCB) Ratings Chart

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