Lakeland Bancorp, Inc. (LBAI) Analysts See $0.34 EPS as of July, 19

June 29, 2018 - By Tyler Harlow

Lakeland Bancorp, Inc. (NASDAQ:LBAI) Corporate Logo
During Q1 2018 the big money sentiment decreased to 0.93. That’s change of 0.26, from 2017Q4’s 1.19. 8 investors sold all, 36 reduced holdings as Lakeland Bancorp, Inc. ratio worsened. 32 rose positions while 9 funds amassed positions. Funds hold 25.46 million shares thus 0.97% more from 2017Q4’s 25.22 million shares.
134,381 are held by Morgan Stanley. Emerald Mutual Fund Advisers holds 65,781 shs. Renaissance Technology Ltd Co accumulated 503,400 shs. Royal National Bank & Trust Of Canada holds 0% of its capital in Lakeland Bancorp, Inc. (NASDAQ:LBAI) for 6,453 shs. Stone Ridge Asset Limited Liability Corp holds 0.02% or 16,543 shs. California Public Employees Retirement invested in 105,563 shs or 0% of the stock. The Illinois-based Lsv Asset Mgmt has invested 0.01% in Lakeland Bancorp, Inc. (NASDAQ:LBAI). 101,856 are held by Prudential Financial. 862 are held by Massmutual Tru Fsb Adv. Schwab Charles Invest Mgmt reported 214,319 shs. 10,991 were reported by Bank Of Montreal Can. Geode Cap Mgmt Lc reported 0% in Lakeland Bancorp, Inc. (NASDAQ:LBAI). Bank & Trust Of New York Mellon has 279,204 shs. Next Financial has invested 0.06% in Lakeland Bancorp, Inc. (NASDAQ:LBAI). Alps Advisors Inc has invested 0% in Lakeland Bancorp, Inc. (NASDAQ:LBAI).

Lakeland Bancorp, Inc. had 3 sales and 0 insider purchases since February 9, 2018. This’s net activity of $579,578. On Friday, February 9 FREDERICKS MARK J had sold 5,200 shs worth $102,700.

Lakeland Bancorp, Inc. (NASDAQ:LBAI)’s earnings report is awaited on July, 19., as reported by RTT. Analysts forecast $0.34 earnings per share. That’s $0.06 up or 21.43 % from 2017’s earnings of $0.28. This could reach $16.14 million profit for LBAI assuming the current $0.34 earnings per share will become reality. Last quarter $0.32 earnings per share was reported. Analysts predicts 6.25 % EPS growth this quarter. The last price was $20.It’s uptrending since June 29, 2017 and is 6.33% down. LBAI underperformed the S&P 500 by 6.24%.

Lakeland Bancorp, Inc. (NASDAQ:LBAI) Ratings Coverage

In total 2 analysts cover Lakeland Bancorp (NASDAQ:LBAI). “Buy” rating has 2, “Sell” are 0, while 0 are “Hold”. 100% are bullish. 2 are the (NASDAQ:LBAI)’s analyst reports since February 5, 2018 according to StockzIntelligence Inc. On Monday, February 5 the rating was maintained by Keefe Bruyette & Woods with “Buy”.

Lakeland Bancorp, Inc. operates as the holding firm for Lakeland Bank that provides financial services and products for individuals and small to medium sized businesses.The company has $949.51 million market cap. It offers commercial banking depository products, including savings, money market, and time accounts, as well as demand deposits; lending solutions, such as short and medium term loans, lines of credit, letters of credit, inventory and accounts receivable financing, real estate construction loans, mortgage loans, small business administration loans, commercial real estate loans, commercial and industrial loans, and equipment financing solutions, as well as merchant credit card services; and wire transfer, Internet banking, mobile banking, night depository, and cash management services.The P/E ratio is 17.39. The firm also provides consumer banking services, including checking accounts, savings accounts, NOW accounts, money market accounts, certificates of deposit, secured and unsecured loans, consumer installment loans, mortgage loans, and safe deposit services.

There’s an important Lakeland Bancorp, Inc. (NASDAQ:LBAI) news published by Nasdaq.com. It’s an article titled: “Lakeland Bank Appoints James E. Hanson II to the Board of Directors” on June 22, 2018.

Lakeland Bancorp, Inc. (NASDAQ:LBAI) Institutional Investors Chart

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