Trico Bancshares (NASDAQ:TCBK) Shifting Institutional Investors Sentiment

Sentiment for Trico Bancshares (NASDAQ:TCBK)

Trico Bancshares (NASDAQ:TCBK) institutional sentiment decreased to 0.89 in Q4 2018. Its down -0.97, from 1.86 in 2018Q3. The ratio turned negative, as 48 active investment managers started new and increased holdings, while 54 sold and decreased their positions in Trico Bancshares. The active investment managers in our partner’s database now hold: 17.85 million shares, up from 17.56 million shares in 2018Q3. Also, the number of active investment managers holding Trico Bancshares in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 14 Reduced: 40 Increased: 34 New Position: 14.

TriCo Bancshares operates as a bank holding firm for Tri Counties Bank that provides commercial banking services to retail clients and small to medium-sized businesses in Northern and Central California. The company has market cap of $1.22 billion. It accepts demand, savings, money market rate deposit accounts, and time deposits; and provides residential and commercial real estate mortgage, consumer, commercial, agricultural, and real estate construction loans. It has a 15.81 P/E ratio. The firm also offers installment note collection services; issues cashierÂ’s checks; sells travelers checks; and provides safe deposit boxes and other customary banking services.

The stock increased 1.03% or $0.41 during the last trading session, reaching $40.15. About 174,681 shares traded or 98.75% up from the average. TriCo Bancshares (NASDAQ:TCBK) has risen 6.81% since March 17, 2018 and is uptrending. It has outperformed by 2.44% the S&P500.

Analysts await TriCo Bancshares (NASDAQ:TCBK) to report earnings on April, 25. They expect $0.71 earnings per share, up 14.52 % or $0.09 from last year’s $0.62 per share. TCBK’s profit will be $21.61M for 14.14 P/E if the $0.71 EPS becomes a reality. After $0.76 actual earnings per share reported by TriCo Bancshares for the previous quarter, Wall Street now forecasts -6.58 % negative EPS growth.

Castine Capital Management Llc holds 2.71% of its portfolio in TriCo Bancshares for 234,400 shares. Stieven Capital Advisors L.P. owns 217,805 shares or 1.42% of their US portfolio. Moreover, Heartland Advisors Inc has 1.05% invested in the company for 377,320 shares. The Maryland-based Investment Counselors Of Maryland Llc has invested 0.95% in the stock. Walthausen & Co. Llc, a New York-based fund reported 202,184 shares.

Since January 1, 0001, it had 0 buys, and 4 insider sales for $375,247 activity.

More notable recent TriCo Bancshares (NASDAQ:TCBK) news were published by: Nasdaq.com which released: “Signature Bank (SBNY) Ex-Dividend Date Scheduled for January 31, 2019 – Nasdaq” on January 30, 2019, also Nasdaq.com with their article: “Penske Automotive Group, Inc. (PAG) Ex-Dividend Date Scheduled for February 08, 2019 – Nasdaq” published on February 07, 2019, Streetinsider.com published: “TriCo Bancshares (TCBK) Announces Peter Wiese as New EVP & CFO – StreetInsider.com” on August 14, 2018. More interesting news about TriCo Bancshares (NASDAQ:TCBK) were released by: Nasdaq.com and their article: “Rocky Mountain Chocolate Factory, Inc. (RMCF) Ex-Dividend Date Scheduled for March 04, 2019 – Nasdaq” published on March 01, 2019 as well as Nasdaq.com‘s news article titled: “SL Green Realty Corp (SLG) Ex-Dividend Date Scheduled for December 31, 2018 – Nasdaq” with publication date: December 28, 2018.

TriCo Bancshares (NASDAQ:TCBK) Institutional Positions Chart

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