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

June 15, 2018 - By Mary Hughes

Sandy Spring Bancorp, Inc. (NASDAQ:SASR) LogoInvestors sentiment increased to 2.46 in Q1 2018. Its up 0.92, from 1.54 in 2017Q4. It is positive, as 18 investors sold Sandy Spring Bancorp, Inc. shares while 23 reduced holdings. 41 funds opened positions while 60 raised stakes. 22.60 million shares or 33.01% more from 16.99 million shares in 2017Q4 were reported.
Sterling Capital Mgmt Ltd Liability invested in 34,726 shares. Bluecrest Capital Limited stated it has 69,704 shares. Balyasny Asset Limited Liability Corp reported 22,766 shares or 0% of all its holdings. Cwm Ltd Llc invested 0% in Sandy Spring Bancorp, Inc. (NASDAQ:SASR). Bancshares Of Mellon Corporation has invested 0% of its portfolio in Sandy Spring Bancorp, Inc. (NASDAQ:SASR). Manufacturers Life Insur Company The invested in 0% or 22,993 shares. 11,591 are owned by Legal And General Grp Incorporated Public Limited Com. Bailard holds 0.03% or 14,000 shares. United Services Automobile Association has 5,313 shares. Goldman Sachs Inc holds 0.01% in Sandy Spring Bancorp, Inc. (NASDAQ:SASR) or 715,030 shares. Great West Life Assurance Commerce Can has 3,910 shares. Stratos Wealth Ptnrs Limited holds 0.01% or 7,861 shares. Brown Advisory Incorporated holds 0.01% of its portfolio in Sandy Spring Bancorp, Inc. (NASDAQ:SASR) for 42,978 shares. Bnp Paribas Arbitrage holds 0% of its portfolio in Sandy Spring Bancorp, Inc. (NASDAQ:SASR) for 7,558 shares. Lsv Asset has 0.01% invested in Sandy Spring Bancorp, Inc. (NASDAQ:SASR) for 92,100 shares.

Since January 22, 2018, it had 2 buys, and 32 insider sales for $10.29 million activity. On Tuesday, May 15 the insider Michael Mark C sold $81,310. Andersen Shaza L sold 10,000 shares worth $433,706. McDowell Ronda M also sold $71,034 worth of Sandy Spring Bancorp, Inc. (NASDAQ:SASR) on Tuesday, January 30. 1,000 shares were bought by Friis Mark E, worth $36,760 on Tuesday, February 6. 600 Sandy Spring Bancorp, Inc. (NASDAQ:SASR) shares with value of $22,693 were bought by Stephenson Mona Abutaleb. REEDER JOE sold 1,538 shares worth $59,408.

Analysts expect Sandy Spring Bancorp, Inc. (NASDAQ:SASR) to report $0.80 EPS on July, 19.They anticipate $0.19 EPS change or 31.15 % from last quarter’s $0.61 EPS. SASR’s profit would be $28.41 million giving it 13.17 P/E if the $0.80 EPS is correct. After having $0.80 EPS previously, Sandy Spring Bancorp, Inc.’s analysts see 0.00 % EPS growth. The stock increased 0.05% or $0.02 during the last trading session, reaching $42.15. About 131,546 shares traded. Sandy Spring Bancorp, Inc. (NASDAQ:SASR) has risen 6.43% since June 15, 2017 and is uptrending. It has underperformed by 6.14% the S&P500.

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

Among 4 analysts covering Sandy Spring Bancorp (NASDAQ:SASR), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Sandy Spring Bancorp had 6 analyst reports since December 21, 2017 according to SRatingsIntel. The stock has “Overweight” rating by Stephens on Thursday, February 22. The rating was maintained by Sandler O’Neill on Friday, January 12 with “Hold”. On Wednesday, January 10 the stock rating was maintained by Robert W. Baird with “Hold”. The firm has “Hold” rating given on Thursday, December 21 by Keefe Bruyette & Woods. The stock has “Hold” rating by Keefe Bruyette & Woods on Friday, January 19. The firm earned “Buy” rating on Tuesday, April 24 by Keefe Bruyette & Woods.

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 $1.50 billion. C. markets. It has a 19.16 P/E ratio. It operates through three divisions: Community Banking, Insurance, and Investment Management.

More news for Sandy Spring Bancorp, Inc. (NASDAQ:SASR) were recently published by: Globenewswire.com, which released: “New Research: Key Drivers of Growth for PCM, WGL, Savara, ConforMIS, Sandy Spring, and West Pharmaceutical …” on May 23, 2018. Businesswire.com‘s article titled: “KBRA Assigns BBB+ Senior Unsecured Debt Rating for Sandy Spring Bancorp, Inc.” and published on June 06, 2018 is yet another important article.

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

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