LTC Properties, Inc. (LTC) Is At $43.73 Formed Wedge; Columbia Banking System (COLB)’s Sentiment Is 0.95

Columbia Banking System, Inc. operates as the bank holding firm for Columbia State Bank that provides a range of banking services to small and medium-sized businesses, professionals, and individuals in Washington, Oregon, and Idaho. The company has market cap of $3.17 billion. It offers personal banking services and products, including noninterest and interest-bearing checking, saving, money market, and certificate of deposit accounts; home equity loans and lines of credit, home mortgages for purchases and refinances, personal loans, and other consumer loans; debit and credit cards; and online and mobile banking services. It has a 19.79 P/E ratio. The firm also provides business banking services and products, such as checking, savings, interest-bearing money market, and certificate of deposit accounts; accounts receivable and inventory financing, small business administration financing, commercial real estate loan products for construction and development or permanent financing; and agricultural lending, municipal lending, merchant card, remote deposit capture, small business, and treasury management services.

LTC Properties, Inc. (LTC) formed wedge down with $42.42 target or 3.00% below today’s $43.73 share price. LTC Properties, Inc. (LTC) has $1.73 billion valuation. The stock increased 0.41% or $0.18 during the last trading session, reaching $43.73. About 198,868 shares traded. LTC Properties, Inc. (NYSE:LTC) has risen 5.46% since January 3, 2017 and is uptrending. It has underperformed by 11.24% the S&P500.

Analysts await Columbia Banking System, Inc. (NASDAQ:COLB) to report earnings on January, 25. They expect $0.56 EPS, up 5.66% or $0.03 from last year’s $0.53 per share. COLB’s profit will be $40.89 million for 19.39 P/E if the $0.56 EPS becomes a reality. After $0.70 actual EPS reported by Columbia Banking System, Inc. for the previous quarter, Wall Street now forecasts -20.00% negative EPS growth.

Cardinal Capital Management Llc Ct holds 3.85% of its portfolio in Columbia Banking System, Inc. for 2.21 million shares. Neumeier Poma Investment Counsel Llc owns 858,785 shares or 3.78% of their US portfolio. Moreover, Copper Rock Capital Partners Llc has 2.54% invested in the company for 894,217 shares. The Massachusetts-based Ironwood Investment Management Llc has invested 1.2% in the stock. Smith Graham & Co. Investment Advisors Lp, a Texas-based fund reported 265,581 shares.

It closed at $43.44 lastly. It is down 31.63% since January 3, 2017 and is uptrending. It has outperformed by 14.93% the S&P500.

Since December 15, 2017, it had 0 buys, and 2 selling transactions for $200,659 activity. $70,605 worth of LTC Properties, Inc. (NYSE:LTC) was sold by Hendrickson Boyd W.

Among 10 analysts covering LTC Properties (NYSE:LTC), 2 have Buy rating, 2 Sell and 6 Hold. Therefore 20% are positive. LTC Properties had 27 analyst reports since August 21, 2015 according to SRatingsIntel. Mizuho upgraded LTC Properties, Inc. (NYSE:LTC) rating on Monday, September 21. Mizuho has “Buy” rating and $47 target. The firm has “Sell” rating by BMO Capital Markets given on Thursday, August 10. The company was maintained on Monday, August 14 by RBC Capital Markets. The stock has “Hold” rating by KeyBanc Capital Markets on Monday, October 16. As per Wednesday, November 4, the company rating was maintained by Mizuho. Zacks upgraded the shares of LTC in report on Friday, August 28 to “Sell” rating. The firm has “Neutral” rating by Mitsubishi UFJ given on Thursday, January 5. RBC Capital Markets maintained the shares of LTC in report on Monday, June 26 with “Hold” rating. RBC Capital Markets maintained it with “Hold” rating and $48.0 target in Monday, September 18 report. The firm earned “Hold” rating on Wednesday, September 13 by Stifel Nicolaus.

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