Veritiv (VRTV) Forms $35.65 Double Bottom; 1 Analysts Are Bullish The Bancorp, Inc. (TBBK) Last Week

The Bancorp, Inc. (NASDAQ:TBBK) Logo

Veritiv Corporation (VRTV) formed double bottom with $32.44 target or 9.00% below today’s $35.65 share price. Veritiv Corporation (VRTV) has $560.91 million valuation. The stock increased 0.42% or $0.15 during the last trading session, reaching $35.65. About 36,978 shares traded. Veritiv Corporation (NYSE:VRTV) has declined 24.27% since April 12, 2017 and is downtrending. It has underperformed by 35.82% the S&P500.

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 has “Mkt Perform” rating by Raymond James on Wednesday, February 1. The stock has “Outperform” rating by Raymond James on Monday, July 31. TheStreet downgraded the stock to “Hold” rating in Thursday, August 27 report. Piper Jaffray maintained The Bancorp, Inc. (NASDAQ:TBBK) rating on Tuesday, February 13. Piper Jaffray has “Hold” rating and $11.5 target. The company was maintained on Thursday, October 26 by Piper Jaffray. The company was maintained on Thursday, July 13 by Piper Jaffray. As per Wednesday, January 4, the company rating was downgraded by BTIG Research. The stock of The Bancorp, Inc. (NASDAQ:TBBK) earned “Hold” rating by Sandler O’Neill on Friday, January 12. The firm has “Strong Buy” rating by Raymond James given on Tuesday, August 9. Raymond James upgraded it to “Buy” rating and $13.0 target in Friday, January 26 report. See The Bancorp, Inc. (NASDAQ:TBBK) latest ratings:

13/02/2018 Broker: Piper Jaffray Rating: Hold New Target: $11.5 Maintain
26/01/2018 Broker: Raymond James Rating: Buy New Target: $13.0 Upgrade
12/01/2018 Broker: Sandler O’Neill Rating: Hold New Target: $11.0 Maintain
26/10/2017 Broker: Piper Jaffray Rating: Hold New Target: $8.0 Maintain

Investors sentiment decreased to 1.11 in Q4 2017. Its down 0.86, from 1.97 in 2017Q3. It worsened, as 11 investors sold The Bancorp, Inc. shares while 35 reduced holdings. 17 funds opened positions while 34 raised stakes. 44.05 million shares or 9.03% more from 40.40 million shares in 2017Q3 were reported. California-based California State Teachers Retirement System has invested 0% in The Bancorp, Inc. (NASDAQ:TBBK). 98,000 were reported by Eidelman Virant Capital. Amer Intl Grp Inc Inc Inc invested in 33,133 shares. Davenport Limited Liability Com stated it has 16,347 shares. Alliancebernstein Lp holds 0% of its portfolio in The Bancorp, Inc. (NASDAQ:TBBK) for 39,700 shares. Macquarie Group holds 0% or 3,200 shares. Wells Fargo And Mn has invested 0% of its portfolio in The Bancorp, Inc. (NASDAQ:TBBK). Moreover, Menta Lc has 0.05% invested in The Bancorp, Inc. (NASDAQ:TBBK) for 27,209 shares. Aqr Cap Mngmt Ltd Liability Com reported 0% of its portfolio in The Bancorp, Inc. (NASDAQ:TBBK). Meeder Asset Incorporated stated it has 0% of its portfolio in The Bancorp, Inc. (NASDAQ:TBBK). Barclays Pcl reported 0% stake. Legal & General Group Public Limited Com reported 0% stake. Price T Rowe Assoc Md accumulated 27,939 shares or 0% of the stock. Ubs Asset Management Americas owns 31,817 shares. Snow Capital Mngmt L P owns 283,169 shares.

The Bancorp, Inc. operates as the financial holding firm for The Bancorp Bank that provides banking services and products to individuals, and small and mid-size businesses in the United States. The company has market cap of $595.23 million. The firm offers a range of deposit services and products, including checking accounts, savings accounts, money market accounts, commercial accounts, and prepaid and payroll cards. It has a 27.36 P/E ratio. It also provides securities backed lines of credit, automobile fleet and other equipment leasing, small business administration loans, and loans generated for sale into capital markets primarily through commercial mortgage backed securities and collateralized loan obligations.

The stock increased 0.47% or $0.05 during the last trading session, reaching $10.59. About 114,172 shares traded. The Bancorp, Inc. (NASDAQ:TBBK) has risen 114.00% since April 12, 2017 and is uptrending. It has outperformed by 102.45% the S&P500.

Since February 15, 2018, it had 0 insider buys, and 1 sale for $52,974 activity. $52,974 worth of The Bancorp, Inc. (NASDAQ:TBBK) was sold by KOZLOV HERSH.

Among 6 analysts covering Veritiv Corp (NYSE:VRTV), 0 have Buy rating, 1 Sell and 5 Hold. Therefore 0 are positive. Veritiv Corp has $45 highest and $20 lowest target. $31.50’s average target is -11.64% below currents $35.65 stock price. Veritiv Corp had 19 analyst reports since November 18, 2015 according to SRatingsIntel. The company was downgraded on Wednesday, January 31 by SunTrust. Bank of America maintained the stock with “Buy” rating in Monday, March 5 report. The rating was initiated by Wells Fargo with “Market Perform” on Wednesday, March 15. On Monday, April 2 the stock rating was maintained by Wells Fargo with “Hold”. As per Monday, March 5, the company rating was maintained by SunTrust. The firm earned “Market Perform” rating on Thursday, August 3 by William Blair. On Monday, April 2 the stock rating was downgraded by Bank of America to “Hold”. Bank of America maintained the stock with “Neutral” rating in Wednesday, November 8 report. The company was upgraded on Thursday, May 18 by Wells Fargo. The firm has “Buy” rating given on Thursday, August 3 by SunTrust.

Veritiv Corporation (NYSE:VRTV) Institutional Positions Chart