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

June 27, 2018 - By Lindsey Price

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

During 2018 Q1 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 increased holdings while 41 funds bought holdings. Funds hold 22.60 million shares thus 33.01% more from 2017Q4’s 16.99 million shares.

D E Shaw Inc invested in 0% or 12,840 shs. Fny Managed Accounts Lc owns 278 shs. The New York-based Tower Rech Ltd (Trc) has invested 0% in Sandy Spring Bancorp, Inc. (NASDAQ:SASR). The New York-based Renaissance has invested 0.03% in Sandy Spring Bancorp, Inc. (NASDAQ:SASR). American Group Inc Inc stated it has 0% of its capital in Sandy Spring Bancorp, Inc. (NASDAQ:SASR). Wellington Mgmt Group Inc Ltd Liability Partnership reported 0% stake. Sterling Mgmt Limited Liability Company reported 34,726 shs. Wells Fargo And Mn reported 131,269 shs stake. Victory Management Inc holds 0% or 11,024 shs in its capital. Massachusetts Fin Com Ma has 0.01% invested in Sandy Spring Bancorp, Inc. (NASDAQ:SASR). Geode Mngmt Ltd Liability Corporation stated it has 0% in Sandy Spring Bancorp, Inc. (NASDAQ:SASR). Bnp Paribas Arbitrage Sa accumulated 0% or 7,558 shs. Sg Americas Ltd Liability Corp has 0% invested in Sandy Spring Bancorp, Inc. (NASDAQ:SASR) for 2,873 shs. Regions Fincl stated it has 0% in Sandy Spring Bancorp, Inc. (NASDAQ:SASR). 29,930 are held by State Board Of Administration Of Florida Retirement Sys.

Sandy Spring Bancorp, Inc. had 36 insider sales and 2 insider purchases 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. Shares for $22,693 were bought by Stephenson Mona Abutaleb. Shares for $59,408 were sold by REEDER JOE on Thursday, January 25. 1,872 shs were sold by McDowell Ronda M, worth $71,034. On Tuesday, February 6 Friis Mark E also bought $36,760 worth of Sandy Spring Bancorp, Inc. (NASDAQ:SASR). Another trade for 8,546 shs valued at $338,739 was made by Andersen Shaza L on Monday, January 22.

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

Expert analysts changed Sandy Spring Bancorp (NASDAQ:SASR)‘s rating on Tuesday, 26 June. It was issued in a note that Sandler O’Neill upped SASR’s stock 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”. Тherefore 75% are bullish. (NASDAQ:SASR) has 6 ratings reports on Jun 27, 2018 according to StockzIntelligence. The stock rating was upgraded by Stephens to “Overweight” on Thursday, February 22. In Wednesday, January 10 report Robert W. Baird maintained it with “Hold” rating and $45.0 target. In Tuesday, April 24 report Keefe Bruyette & Woods upgraded the stock to “Buy” rating. On Friday, January 12 Sandler O’Neill maintained the shares of SASR in report with “Hold” rating. On Tuesday, June 26 the company was upgraded by Sandler O’Neill. On Friday, January 19 the stock of Sandy Spring Bancorp, Inc. (NASDAQ:SASR) has “Hold” rating given by Keefe Bruyette & Woods.

SASR hit $41.77 during the last trading session after $0.46 change.Sandy Spring Bancorp, Inc. has volume of 34,922 shares. Since June 27, 2017 SASR has risen 6.43% and is uptrending. SASR underperformed the S&P500 by 6.14%.

On July, 19. Investors wait Sandy Spring Bancorp, Inc. (NASDAQ:SASR) to report its quarterly earnings, Zacks reports. Analysts predict $0.80 EPS. That’s $0.19 up or 31.15 % from 2017’s earnings of $0.61. The profit will be $28.40 million for SASR if $0.80 EPS becomes true. Wall Street now forecasts 0.00 % EPS growth despite Sandy Spring Bancorp, Inc. previous 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 valued at $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 significant Sandy Spring Bancorp, Inc. (NASDAQ:SASR) news released 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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