On Jun 27, 2018 Sandler O’Neill Upgrades Sandy Spring Bancorp (NASDAQ:SASR).

June 27, 2018 - By Estela Ashley

Sandy Spring Bancorp, Inc. (NASDAQ:SASR) Corporate Logo

During Q1 2018 the big money sentiment increased to 2.46. That’s change of 0.92, from 2017Q4’s 1.54. 18 investors sold all, 23 reduced holdings as Sandy Spring Bancorp, Inc. ratio is positive. 60 rose stakes while 41 funds took stakes. Funds hold 22.60 million shares thus 33.01% more from 2017Q4’s 16.99 million shares.

Cornercap Counsel holds 18,395 shs or 0.1% of its capital. Highlander Management Ltd reported 5,000 shs. Blackrock holds 2.62M shs. Victory Mgmt invested 0% in Sandy Spring Bancorp, Inc. (NASDAQ:SASR). Grace And White has 0.57% invested in Sandy Spring Bancorp, Inc. (NASDAQ:SASR). Inv Counselors Of Maryland Ltd Liability Com stated it has 0.1% of its capital in Sandy Spring Bancorp, Inc. (NASDAQ:SASR). Genesee Valley, a New York-based fund reported 5,539 shs. California State Teachers Retirement invested in 0% or 49,206 shs. Ubs Asset Mngmt Americas, a Illinois-based fund reported 12,600 shs. Alpine Woods Cap Investors Limited Liability Co reported 7,000 shs or 0.01% of all its holdings. Lincoln Natl invested 0.03% in Sandy Spring Bancorp, Inc. (NASDAQ:SASR). Alliancebernstein Ltd Partnership reported 0% of its capital in Sandy Spring Bancorp, Inc. (NASDAQ:SASR). Dimensional Fund Advsr L P has invested 0.03% of its capital in Sandy Spring Bancorp, Inc. (NASDAQ:SASR). Piermont reported 57,590 shs. Vanguard Grp Inc reported 1.60M shs.

Sandy Spring Bancorp, Inc. had 36 insider sales and 2 buys since January 22, 2018. This’s net activity of $10.63 million. $4,100 worth of Sandy Spring Bancorp, Inc. (NASDAQ:SASR) was sold by BRACEWELL JOSEPH S. 1,872 shs valued at $71,034 were sold by McDowell Ronda M on Tuesday, January 30. On Thursday, January 25 $59,408 worth of stock was sold by REEDER JOE. The insider Friis Mark E bought 1,000 shs worth $36,760. On Monday, February 5 600 shs were bought by Stephenson Mona Abutaleb, worth $22,693. Shares for $338,739 were sold by Andersen Shaza L on Monday, January 22.

Sandler O’Neill Increased Sandy Spring Bancorp (NASDAQ:SASR)’s Stock Rating to Buy.

Sandler O’Neill raised Sandy Spring Bancorp (NASDAQ:SASR)‘s rating on Tuesday morning. The upgrade was from Hold to Buy.

Sandy Spring Bancorp, Inc. (NASDAQ:SASR) Ratings Coverage

A total of 4 analysts rate Sandy Spring Bancorp (NASDAQ:SASR) as follows: 3 “Buy”, 1 “Hold” and 0 “Sell”. Š¢herefore 75% are bullish. (NASDAQ:SASR) has 6 ratings reports on Jun 27, 2018 according to StockzIntelligence. On Thursday, February 22 the rating was upgraded by Stephens to “Overweight”. In Wednesday, January 10 report Robert W. Baird maintained it with “Hold” rating and $45.0 target. On Tuesday, April 24 Keefe Bruyette & Woods upgraded Sandy Spring Bancorp, Inc. (NASDAQ:SASR) to “Buy” rating. In Tuesday, June 26 report Sandler O’Neill upgraded the stock to “Buy” rating. On Friday, January 12 the stock of Sandy Spring Bancorp, Inc. (NASDAQ:SASR) earned “Hold” rating by Sandler O’Neill. On Friday, January 19 the rating was maintained by Keefe Bruyette & Woods with “Hold”.

SASR reached $41.77 during the last trading session after $0.46 change.Currently Sandy Spring Bancorp, Inc. is uptrending after 6.43% change in last June 27, 2017. SASR has also 34,922 shares volume. The stock underperformed the S&P500 by 6.14%.

Sandy Spring Bancorp, Inc. (NASDAQ:SASR) is expected to reveal earnings on July, 19., RTT reports. Analysts predict $0.80 EPS. That’s $0.19 up or 31.15 % from 2017’s earnings of $0.61. If the current EPS of $0.80 is accurate, SASR’s profit could hit $28.40 million. Wall Street now predicts 0.00 % EPS growth despite Sandy Spring Bancorp, Inc. last quarter’s EPS of $0.80.

Sandy Spring Bancorp, Inc. operates as the bank holding firm for Sandy Spring Bank that provides commercial banking services to individuals and businesses in central Maryland, Northern Virginia, and Washington D.C. markets.The firm is worth $1.48 billion. It operates through three divisions: Community Banking, Insurance, and Investment Management.18.99 is the P/E ratio. The Community Banking segment provides financial services and products, including various loan and deposit products to individuals and businesses.

There’s a substantial Sandy Spring Bancorp, Inc. (NASDAQ:SASR) news published by Businesswire.com. It’s an article titled: “KBRA Assigns BBB+ Senior Unsecured Debt Rating for Sandy Spring Bancorp, Inc.” on June 06, 2018.

Sandy Spring Bancorp, Inc. (NASDAQ:SASR) Institutional Investors Chart

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