$0.80 EPS Expected for Sandy Spring Bancorp, Inc. (SASR)

September 25, 2018 - By Kristin Houston

Sandy Spring Bancorp, Inc. (NASDAQ:SASR) LogoInvestors sentiment decreased to 1.25 in 2018 Q2. Its down 1.21, from 2.46 in 2018Q1. It fall, as 12 investors sold Sandy Spring Bancorp, Inc. shares while 48 reduced holdings. 20 funds opened positions while 55 raised stakes. 23.24 million shares or 2.84% more from 22.60 million shares in 2018Q1 were reported.
The California-based Jcsd Capital Limited Liability Corporation has invested 4.97% in Sandy Spring Bancorp, Inc. (NASDAQ:SASR). State Street, a Massachusetts-based fund reported 1.10M shares. Sg Americas Lc holds 0% of its portfolio in Sandy Spring Bancorp, Inc. (NASDAQ:SASR) for 9,219 shares. 39,386 were reported by New York State Common Retirement Fund. Evermay Wealth Management Limited Liability accumulated 72,177 shares. Gsa Capital Prtnrs Llp, a United Kingdom-based fund reported 18,404 shares. First Tru Limited Partnership holds 0% of its portfolio in Sandy Spring Bancorp, Inc. (NASDAQ:SASR) for 50,374 shares. Congress Asset Co Ma owns 47,805 shares. Ls Investment Advsr Lc holds 1,906 shares. Renaissance Technology Lc stated it has 712,820 shares or 0.03% of all its holdings. Ameriprise Inc holds 0.02% or 1.05 million shares in its portfolio. Canandaigua Bank And Trust has invested 0.04% of its portfolio in Sandy Spring Bancorp, Inc. (NASDAQ:SASR). Pinnacle Associates Limited reported 0.14% in Sandy Spring Bancorp, Inc. (NASDAQ:SASR). Trexquant Inv Ltd Partnership owns 8,465 shares for 0.02% of their portfolio. Alliancebernstein L P holds 0.02% or 550,056 shares.

Since April 23, 2018, it had 0 buys, and 36 sales for $5.53 million activity. On Tuesday, May 15 the insider BRACEWELL JOSEPH S sold $404,212. Andersen Shaza L had sold 10,000 shares worth $433,706 on Friday, June 8.

Analysts expect Sandy Spring Bancorp, Inc. (NASDAQ:SASR) to report $0.80 EPS on October, 18.They anticipate $0.18 EPS change or 29.03 % from last quarter’s $0.62 EPS. SASR’s profit would be $28.40 million giving it 12.32 P/E if the $0.80 EPS is correct. After having $0.68 EPS previously, Sandy Spring Bancorp, Inc.’s analysts see 17.65 % EPS growth. The stock decreased 1.67% or $0.66 during the last trading session, reaching $39.43. About 160,125 shares traded or 29.58% up from the average. Sandy Spring Bancorp, Inc. (NASDAQ:SASR) has risen 1.20% since September 25, 2017 and is uptrending. It has underperformed by 14.42% the S&P500.

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

Among 2 analysts covering Sandy Spring Bancorp (NASDAQ:SASR), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Sandy Spring Bancorp had 2 analyst reports since April 24, 2018 according to SRatingsIntel. The firm has “Buy” rating given on Tuesday, June 26 by Sandler O’Neill. Keefe Bruyette & Woods upgraded the shares of SASR in report on Tuesday, April 24 to “Buy” rating.

Sandy Spring Bancorp, Inc. operates as the bank holding firm for Sandy Spring Bank that provides commercial and retail banking services to individuals and businesses in central Maryland, Northern Virginia, and Washington D. The company has market cap of $1.40 billion. C. markets. It has a 17 P/E ratio. It operates through three divisions: Community Banking, Insurance, and Investment Management.

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

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