Stifel Nicolaus Reaffirms a “Buy” Rating on Q2 Holdings (QTWO) and $62 Target; State Bancorp (STB) Has 2.13 Sentiment

June 16, 2018 - By Marie Mckinney

Student Transportation Inc. (NASDAQ:STB) Logo

State Bancorp Inc (STB) investors sentiment increased to 2.13 in Q1 2018. It’s up 1.13, from 1 in 2017Q4. The ratio is positive, as 51 hedge funds increased or started new positions, while 24 cut down and sold their equity positions in State Bancorp Inc. The hedge funds in our database now possess: 38.60 million shares, up from 26.04 million shares in 2017Q4. Also, the number of hedge funds holding State Bancorp Inc in top ten positions was flat from 1 to 1 for the same number . Sold All: 10 Reduced: 14 Increased: 21 New Position: 30.

New York: In an analyst report revealed to clients and investors on 8 June, Stifel Nicolaus reconfirmed their “Buy” rating on shares of Q2 Holdings (NYSE:QTWO). They currently have a $62 target price per share on the firm. Stifel Nicolaus’s target suggests a potential upside of 0.90% from the company’s last price.

Park Circle Co holds 3.11% of its portfolio in Student Transportation Inc. for 672,200 shares. Wealthtrust Axiom Llc owns 677,734 shares or 1.85% of their US portfolio. Moreover, Longfellow Investment Management Co Llc has 0.94% invested in the company for 586,740 shares. The New York-based Glazer Capital Llc has invested 0.79% in the stock. Vertex One Asset Management Inc., a British Columbia – Canada-based fund reported 495,400 shares.

Student Transportation Inc., together with its subsidiaries, provides school bus transportation and management services to public and private schools in North America. The company has market cap of $717.09 million. The firm offers contracted, managed, special needs transportation, direct-to-parent, and charter services. It has a 26.32 P/E ratio. It operates approximately 290 contracts with a fleet of 13,000 vehicles.

The stock increased 0.49% or $0.04 during the last trading session, reaching $7.5. About 614,048 shares traded or 73.65% up from the average. Student Transportation Inc. (STB) has 0.00% since June 16, 2017 and is . It has underperformed by 12.57% the S&P500. Some Historical STB News: ; 23/04/2018 – Student Transportation Inc. Kicks Off Its Annual Employee Appreciation Week; 19/04/2018 – Student Transportation Announces Shareholder Approval of Plan of Arrangement; 19/04/2018 – STUDENT TRANSPORTATION: OVER 66% OF HOLDERS VOTE FOR SALE; 06/03/2018 Student Transportation Inc. Charity Raises Money, Kicks Off Scholarship Program; 25/04/2018 – Student Transportation Obtains Final Order Approving Plan of Arrangement; 13/03/2018 – Consolidated Research: 2018 Summary Expectations for B Communications, Student Transportation, Aurinia Pharmaceuticals, Grifols; 27/04/2018 – News On Student Transportation Inc. (STB) Now Under CDP.YY; 19/04/2018 – STUDENT TRANSPORTATION HOLDERS APPROVE PLAN OF ARRANGEMENT; 02/05/2018 – News On Student Transportation Inc. (STB.T) Now Under CDP.YY; 27/04/2018 – Student Transportation Announces Closing of Arrangement

Since December 29, 2017, it had 0 buys, and 32 insider sales for $33.20 million activity. Another trade for 21,406 shares valued at $1.23 million was made by Furrer William M on Thursday, May 24. Shares for $2.70M were sold by MAPLES MICHAEL J on Wednesday, May 23. Blue Adam D sold $557,918 worth of Q2 Holdings, Inc. (NYSE:QTWO) on Tuesday, February 20. Seale R. H. sold 39,440 shares worth $1.87M. DOYLE CHARLES T sold 26 shares worth $1,542. On Tuesday, February 20 Benton Barry G sold $264,678 worth of Q2 Holdings, Inc. (NYSE:QTWO) or 6,055 shares. Harris Jennifer Noel sold $803,854 worth of Q2 Holdings, Inc. (NYSE:QTWO) on Tuesday, February 20.

The stock decreased 0.49% or $0.3 during the last trading session, reaching $61.45. About 480,072 shares traded or 37.01% up from the average. Q2 Holdings, Inc. (NYSE:QTWO) has risen 41.92% since June 16, 2017 and is uptrending. It has outperformed by 29.35% the S&P500.

Another recent and important Q2 Holdings, Inc. (NYSE:QTWO) news was published by Benzinga.com which published an article titled: “SunTrust Moves To Sidelines On Q2 Holdings After 56% Run In 2018” on May 21, 2018.

Analysts await Q2 Holdings, Inc. (NYSE:QTWO) to report earnings on August, 1. They expect $-0.14 earnings per share, up 6.67% or $0.01 from last year’s $-0.15 per share. After $-0.10 actual earnings per share reported by Q2 Holdings, Inc. for the previous quarter, Wall Street now forecasts 40.00% negative EPS growth.

Investors sentiment increased to 1.21 in Q1 2018. Its up 0.06, from 1.15 in 2017Q4. It is positive, as 23 investors sold Q2 Holdings, Inc. shares while 43 reduced holdings. 36 funds opened positions while 44 raised stakes. 36.27 million shares or 4.91% more from 34.57 million shares in 2017Q4 were reported. Legal & General Gru Public Limited Company stated it has 0% of its portfolio in Q2 Holdings, Inc. (NYSE:QTWO). Ameritas Invest Prtnrs Inc stated it has 0.01% of its portfolio in Q2 Holdings, Inc. (NYSE:QTWO). Renaissance Technologies Lc reported 0.01% in Q2 Holdings, Inc. (NYSE:QTWO). Moreover, Loring Wolcott And Coolidge Fiduciary Advisors Llp Ma has 0% invested in Q2 Holdings, Inc. (NYSE:QTWO). 383,583 were accumulated by Northern Trust. Raymond James & Assocs invested in 5,930 shares or 0% of the stock. Robeco Institutional Asset Mgmt Bv reported 0.03% of its portfolio in Q2 Holdings, Inc. (NYSE:QTWO). Thrivent Financial For Lutherans reported 412,333 shares or 0.06% of all its holdings. Clearbridge Invs Ltd Liability Corp stated it has 0% of its portfolio in Q2 Holdings, Inc. (NYSE:QTWO). Price T Rowe Md has 2.11M shares for 0.02% of their portfolio. Aqr Capital Mngmt Ltd Llc accumulated 16,673 shares or 0% of the stock. Wasatch Advsrs Inc holds 0.39% or 656,676 shares in its portfolio. Public Employees Retirement Of Ohio holds 0.01% of its portfolio in Q2 Holdings, Inc. (NYSE:QTWO) for 40,777 shares. Kistler accumulated 280 shares. Bancorp Of Montreal Can reported 30,211 shares or 0% of all its holdings.

Q2 Holdings, Inc. (NYSE:QTWO) Institutional Positions Chart

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