Is Iberiabank Corporation (NASDAQ:IBKC)’s Fuel Running Low? Reports Show More Sellers

IBERIABANK Corporation (NASDAQ:IBKC) Logo

Investors sentiment decreased to 0.98 in Q2 2019. Its down 0.42, from 1.4 in 2019Q1. It fall, as 15 investors sold IBERIABANK Corporation 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.
Arrowstreet Capital Limited Partnership invested in 0% or 5,701 shares. Loomis Sayles And L P accumulated 193,667 shares. Bessemer Grp accumulated 20,000 shares. Art Advsr Ltd Liability Corporation stated it has 13,846 shares. State Street Corp has 0.01% invested in IBERIABANK Corporation (NASDAQ:IBKC). Legal General Gp Pcl holds 0% or 36,561 shares. Sun Life Fin owns 0.19% invested in IBERIABANK Corporation (NASDAQ:IBKC) for 10,000 shares. New York State Teachers Retirement Systems reported 0% in IBERIABANK Corporation (NASDAQ:IBKC). 18,200 were accumulated by Virginia Retirement Et Al. Pitcairn Communications, Pennsylvania-based fund reported 5,327 shares. Moreover, Price T Rowe Associate Md has 0% invested in IBERIABANK Corporation (NASDAQ:IBKC) for 21,421 shares. Wellington Mgmt Gp Ltd Liability Partnership reported 0.03% of its portfolio in IBERIABANK Corporation (NASDAQ:IBKC). Gam Holdg Ag accumulated 3,534 shares. First Advisors Limited Partnership holds 0.01% of its portfolio in IBERIABANK Corporation (NASDAQ:IBKC) for 71,403 shares. Royal Bancorporation Of Canada reported 0.01% in IBERIABANK Corporation (NASDAQ:IBKC).

Since March 14, 2019, it had 1 insider buy, and 0 selling transactions for $972,530 activity. The insider KOERNER JOHN E III bought 13,000 shares worth $972,530.

The stock of Iberiabank Corporation (NASDAQ:IBKC) registered an increase of 0.59% in short interest. IBKC’s total short interest was 789,000 shares in September as published by FINRA. Its up 0.59% from 784,400 shares, reported previously. With 320,700 shares average volume, it will take short sellers 3 days to cover their IBKC’s short positions.

The stock increased 2.57% or $1.94 during the last trading session, reaching $77.56. About 248,258 shares traded. IBERIABANK Corporation (NASDAQ:IBKC) has declined 5.85% since September 13, 2018 and is downtrending. It has underperformed by 5.85% the S&P500.

IBERIABANK Corporation operates as the bank holding firm for IBERIABANK that provides commercial and retail banking services and products in the United States. The company has market cap of $4.19 billion. It offers various commercial, consumer, mortgage, and private banking services and products; cash management services; deposit and annuity products; and brokerage services, as well as sells variable annuities. It has a 10.13 P/E ratio. The firm also provides various title insurance and loan closing services for residential and commercial customers; one-to-four family residential mortgage loans; equity research, institutional sales and trading, and corporate finance services; and wealth management and trust advisory services to high net worth individuals, pension funds, firms, and trusts, as well as invests in a commercial rental property and purchased tax credits.

More notable recent IBERIABANK Corporation (NASDAQ:IBKC) news were published by: Finance.Yahoo.com which released: “Does IBERIABANK Corporation’s (NASDAQ:IBKC) P/E Ratio Signal A Buying Opportunity? – Yahoo Finance” on July 02, 2019, also Finance.Yahoo.com with their article: “Does IBERIABANK (NASDAQ:IBKC) Deserve A Spot On Your Watchlist? – Yahoo Finance” published on May 17, 2019, Nasdaq.com published: “Why Iberiabank (IBKC) is a Great Dividend Stock Right Now – Nasdaq” on October 12, 2018. More interesting news about IBERIABANK Corporation (NASDAQ:IBKC) were released by: Nasdaq.com and their article: “Pre-Market Earnings Report for July 19, 2019 : AXP, BLK, SLB, SYF, STT, CFG, RF, KSU, ALV, GNTX, MAN, IBKC – Nasdaq” published on July 18, 2019 as well as Finance.Yahoo.com‘s news article titled: “Iberiabank (IBKC) Tops Q2 Earnings and Revenue Estimates – Yahoo Finance” with publication date: July 19, 2019.

IBERIABANK Corporation (NASDAQ:IBKC) Institutional Positions Chart

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