TRI Pointe Group, Inc. (TPH) Reaches $17.56 After 6.00% Down Move; Menta Capital Has Increased By $1.08 Million Its Bancorp Del (TBBK) Position

June 13, 2018 - By Clifton Ray

The Bancorp, Inc. (NASDAQ:TBBK) Logo

Menta Capital Llc increased Bancorp Inc Del (TBBK) stake by 395.68% reported in 2018Q1 SEC filing. Menta Capital Llc acquired 107,661 shares as Bancorp Inc Del (TBBK)’s stock rose 6.49%. The Menta Capital Llc holds 134,870 shares with $1.46 million value, up from 27,209 last quarter. Bancorp Inc Del now has $626.14 million valuation. The stock decreased 0.54% or $0.06 during the last trading session, reaching $11.12. About 46,126 shares traded. The Bancorp, Inc. (NASDAQ:TBBK) has risen 84.86% since June 13, 2017 and is uptrending. It has outperformed by 72.29% the S&P500. Some Historical TBBK News: ; 26/04/2018 – BANCORP INC – NET INTEREST INCOME INCREASED 21% TO $30.1 MLN FOR QUARTER ENDED MARCH 31, 2018; 26/04/2018 The Bancorp 1Q EPS 25c; 03/05/2018 – The Bancorp Names Jennifer Terry Chief Human Resources Officer; 08/05/2018 – The Bancorp Bank Provides SBA Financing for Tallahassee Assisted-Living Community; 16/05/2018 – BANCORP INC – CO REPORTS TERMINATION OF PREVIOUSLY-ANNOUNCED SALE OF A $36.9 MILLION NON-PERFORMING LOAN – SEC FILING; 14/05/2018 – U.S. says Centra Tech co-founders indicted for cryptocurrency fraud

The stock of TRI Pointe Group, Inc. (NYSE:TPH) is a huge mover today! The stock decreased 4.93% or $0.91 during the last trading session, reaching $17.56. About 1.03M shares traded. TRI Pointe Group, Inc. (NYSE:TPH) has risen 40.61% since June 13, 2017 and is uptrending. It has outperformed by 28.04% the S&P500. Some Historical TPH News: ; 06/03/2018 TRI Pointe Homes Northern California Honored with Six 2018 Eliant Homebuyers’ Choice Awards; 19/04/2018 – TRI Pointe Closes Below 50-Day Moving Average: Technicals; 09/05/2018 – Winchester Homes Announces Birchwood at Brambleton Grand Opening; 10/04/2018 – Quadrant and Amazon Team up to Bring Smart Home Convenience to Homebuyers; 25/04/2018 – TRI POINTE 1Q REV. $583.4M, EST. $552.3M; 26/04/2018 – Winchester Homes Hosting Grand Opening for West Grove in Fairfax on May 5; 15/05/2018 – TRI Pointe Group Strengthens Executive Leadership Team With Three New Hires; 25/04/2018 – TRI Pointe Group 1Q Net $42.9M; 25/04/2018 – TRI POINTE 1Q EPS 28C; 25/04/2018 – TRI Pointe Group 1Q EPS 28cThe move comes after 6 months negative chart setup for the $2.67B company. It was reported on Jun, 13 by Barchart.com. We have $16.51 PT which if reached, will make NYSE:TPH worth $160.08M less.

Another recent and important TRI Pointe Group, Inc. (NYSE:TPH) news was published by Ocbj.com which published an article titled: “Midday Stock Roundup” on June 08, 2018.

Investors sentiment decreased to 0.95 in 2018 Q1. Its down 0.13, from 1.08 in 2017Q4. It turned negative, as 19 investors sold TRI Pointe Group, Inc. shares while 87 reduced holdings. 33 funds opened positions while 68 raised stakes. 168.84 million shares or 4.30% more from 161.87 million shares in 2017Q4 were reported. Third Avenue Mngmt Ltd Co invested in 410,900 shares or 0.34% of the stock. Nwq Invest Management Ltd owns 4.02 million shares. 263,247 were reported by Swiss Bancshares. Css Limited Liability Corporation Il reported 22,126 shares. 228,554 are held by California State Teachers Retirement Sys. Petrus Trust Lta holds 10,758 shares or 0.04% of its portfolio. Captrust Advisors reported 2,447 shares. Great West Life Assurance Can stated it has 0% of its portfolio in TRI Pointe Group, Inc. (NYSE:TPH). Arizona State Retirement owns 102,274 shares. Barclays Public Ltd Liability owns 67,641 shares. The Switzerland-based Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% in TRI Pointe Group, Inc. (NYSE:TPH). Tower Rech Capital Limited Liability Com (Trc) accumulated 12,989 shares. Mraz Amerine And Assoc reported 1.04% in TRI Pointe Group, Inc. (NYSE:TPH). Carlson L P holds 1.88M shares or 0.47% of its portfolio. Deutsche Commercial Bank Ag has invested 0.02% of its portfolio in TRI Pointe Group, Inc. (NYSE:TPH).

TRI Pointe Group, Inc., through its subsidiary, TRI Pointe Homes, Inc., engages in the design, construction, and sale of single-family attached and detached homes in the United States. The company has market cap of $2.67 billion. It also manufactures and sells land and lots. It has a 12.11 P/E ratio. The firm operates a portfolio of six brands across eight states, including Maracay Homes in Arizona; Pardee Homes in California and Nevada; Quadrant Homes in Washington; Trendmaker Homes in Texas; TRI Pointe Homes in California and Colorado; and Winchester Homes in Maryland and Virginia.

Among 9 analysts covering TRI Pointe Homes (NYSE:TPH), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. TRI Pointe Homes had 23 analyst reports since August 12, 2015 according to SRatingsIntel. As per Thursday, September 29, the company rating was initiated by Wells Fargo. The firm earned “Equal-Weight” rating on Thursday, October 26 by Barclays Capital. BTIG Research upgraded TRI Pointe Group, Inc. (NYSE:TPH) on Thursday, October 26 to “Hold” rating. The rating was upgraded by Zacks to “Hold” on Wednesday, August 12. The firm has “In-Line” rating by Evercore given on Friday, February 23. Susquehanna maintained TRI Pointe Group, Inc. (NYSE:TPH) on Thursday, January 4 with “Buy” rating. The company was upgraded on Friday, January 5 by Barclays Capital. The stock of TRI Pointe Group, Inc. (NYSE:TPH) has “Hold” rating given on Monday, February 27 by Deutsche Bank. The stock of TRI Pointe Group, Inc. (NYSE:TPH) has “Market Outperform” rating given on Friday, April 27 by JMP Securities. The firm has “Buy” rating given on Friday, March 18 by Deutsche Bank.

Since January 2, 2018, it had 0 insider buys, and 7 selling transactions for $8.02 million activity. On Monday, April 30 KEELER GLENN J. sold $188,723 worth of TRI Pointe Group, Inc. (NYSE:TPH) or 11,030 shares. Shares for $1.35M were sold by BAUER DOUGLAS F. on Tuesday, January 2. MITCHELL THOMAS J. also sold $2.84 million worth of TRI Pointe Group, Inc. (NYSE:TPH) shares. $1.76M worth of TRI Pointe Group, Inc. (NYSE:TPH) was sold by GRUBBS MICHAEL D. on Friday, May 25.

Analysts await TRI Pointe Group, Inc. (NYSE:TPH) to report earnings on July, 25. They expect $0.35 EPS, up 66.67% or $0.14 from last year’s $0.21 per share. TPH’s profit will be $53.18 million for 12.54 P/E if the $0.35 EPS becomes a reality. After $0.28 actual EPS reported by TRI Pointe Group, Inc. for the previous quarter, Wall Street now forecasts 25.00% EPS growth.

Investors sentiment increased to 1.4 in 2018 Q1. Its up 0.29, from 1.11 in 2017Q4. It improved, as 9 investors sold TBBK shares while 38 reduced holdings. 28 funds opened positions while 38 raised stakes. 44.07 million shares or 0.05% more from 44.05 million shares in 2017Q4 were reported. Goldman Sachs Grp Inc Inc holds 0% or 74,604 shares in its portfolio. Us Commercial Bank De accumulated 8,910 shares. New York-based Stone Ridge Asset Management Limited Liability Company has invested 0.01% in The Bancorp, Inc. (NASDAQ:TBBK). Susquehanna Group Inc Llp, a Pennsylvania-based fund reported 106,176 shares. Sg Americas Securities Limited Co holds 0% of its portfolio in The Bancorp, Inc. (NASDAQ:TBBK) for 15,398 shares. Royal Bancorp Of Canada reported 0% in The Bancorp, Inc. (NASDAQ:TBBK). Caprock Group owns 13,235 shares. Alliancebernstein Lp holds 0% in The Bancorp, Inc. (NASDAQ:TBBK) or 38,200 shares. Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 3,597 shares. Guggenheim Cap Lc owns 106,500 shares for 0% of their portfolio. Invesco, Georgia-based fund reported 376,931 shares. 156,725 are held by Piermont Cap Mgmt Inc. Bluemountain Capital Management Ltd Llc accumulated 100,755 shares. 13,708 are owned by Comerica Bancorporation. Financial Bank Of America Corporation De has 0% invested in The Bancorp, Inc. (NASDAQ:TBBK).

Since February 15, 2018, it had 0 insider purchases, and 2 insider sales for $1.72 million activity. Another trade for 150,000 shares valued at $1.66M was sold by COHEN DANIEL G. KOZLOV HERSH also sold $52,974 worth of The Bancorp, Inc. (NASDAQ:TBBK) shares.

Among 4 analysts covering Bancorp (NASDAQ:TBBK), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Bancorp had 13 analyst reports since August 27, 2015 according to SRatingsIntel. The stock of The Bancorp, Inc. (NASDAQ:TBBK) earned “Outperform” rating by Raymond James on Monday, July 31. Sandler O’Neill maintained the stock with “Hold” rating in Friday, January 12 report. The firm has “Hold” rating given on Thursday, August 27 by TheStreet. The firm has “Strong Buy” rating given on Tuesday, August 9 by Raymond James. On Thursday, July 13 the stock rating was maintained by Piper Jaffray with “Hold”. The rating was downgraded by BTIG Research to “Neutral” on Wednesday, January 4. The stock of The Bancorp, Inc. (NASDAQ:TBBK) has “Mkt Perform” rating given on Wednesday, February 1 by Raymond James. The rating was maintained by Piper Jaffray with “Hold” on Tuesday, February 13. The rating was maintained by Piper Jaffray with “Hold” on Thursday, October 26. The stock of The Bancorp, Inc. (NASDAQ:TBBK) earned “Buy” rating by Raymond James on Friday, January 26.

Menta Capital Llc decreased State Bk Finl Corp (NASDAQ:STBZ) stake by 25,262 shares to 25,519 valued at $766,000 in 2018Q1. It also reduced Maxim Integrated Prods Inc (NASDAQ:MXIM) stake by 8,132 shares and now owns 20,706 shares. Kennedy (NYSE:KW) was reduced too.

TRI Pointe Group, Inc. (NYSE:TPH) Institutional Positions Chart

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