South State Cp Cmn (NASDAQ:SSB).
Cardinal Capital Management LLC /ct raised its ownership in South State Cp Cmn by 3,445 shares as of the end of the last quarter. Its position was valued at $45,884,000 an increase of $2,511,000 as of the end of the quarter.
Several firms have shifted positions in (SSB). As of quarter end Raymond James & Associates had disposed of a total of 242 shares trimming its holdings by 0.8%. The value of the investment in South State Cp Cmn went from $2,646,000 to $2,759,000 a change of 4.3% for the reporting period. Dimensional Fund Advisors Lp expanded its holdings by buying 58,525 shares an increase of 6.1%. Dimensional Fund Advisors Lp now controls 1,016,792 shares with a value of $91,561,000. The total value of its holdings increased 11.5%.
As of the end of the quarter Ubs Asset Management Americas Inc had bought 395 shares growing its position 4,388.9%. The value of the investment in (SSB) increased from $771,000 to $36,380,000 a change of $35,609,000 since the last quarter.
On October 30, 2017 Brean Capital maintained a “Hold” rating on the company. SunTrust Banks raised the price target on October 26 changing the forecast from $98.00 to $102.00 with a “Buy” recommendation.
October 23 investment analysts at Brean Capital reiterated a “Hold” rating on the company. October 12 investment analysts at SunTrust Banks made no change to the company rating of “Buy” with a current price target of $98.00.
On October 5 Piper Jaffray Companies left the stock rating at “Neutral” projecting a price of $90.00. August 2 investment analysts at Brean Capital reiterated a “Hold” rating on the stock.
The company is trading up by 0.41% percent from yesterday’s close. The P/E ratio is currently 22.78 and market cap is 2.59B. In the latest earnings report the EPS was $3.90 with 29.29M shares now outstanding.
Short traders are more bearish on shares of South State Cp Cmn if you evaluate the motion in short interest. The stock experienced a rise in short interest between September 29, 2017 and October 13, 2017 of 3.85%. Short interest grew from 1,552,085 to 1,611,794 over that timeframe. With short interest at 1,611,794 and short average daily volume at 131,561, days to cover is 12.0 and the percentage of shorted shares is 0.06% as of October 13.