Sierra Bancorp Q2 2018 Big Money Sentiment Better Than Expected, now at 2

“Big money” Positions

“Big money sentiment for Sierra Bancorp (NASDAQ:BSRR) in 2018 Q2 increased to 2, revealed SEC filings. So its up 0.79, from 2018Q1’s 1.21. 46 hedge funds opened new and increased holdings, while 23 sold and decreased positions in Sierra Bancorp so the sentiment has improved. Funds own 7.58 million shares, up from 7.46 million shares in 2018Q1. Funds holding Sierra Bancorp in top 10 was flat from 0 to 0 for the same number . 2 Investors Sold All; 21 Reduced Holdings; 35 increased holdings while 11 hedge funds bought holdings.

Significant Sierra Bancorp Shareholders

As of 2018 Q2 Private Management Group Inc has 0.57% invested in Sierra Bancorp. As of 2018 Q2, 378,651 shares of Sierra Bancorp are owned by Banc Funds Co Llc. Moreover, Bowling Portfolio Management Llc reported 57,567 shares in Sierra Bancorp equivalent to 0.23% of its fund’s portfolio. Foundry Partners Llc revealed 172,640 shares position in Sierra Bancorp. The New York-based fund Maltese Capital Management Llc holds 78,160 shares or 0.15% of their fund’s portfolio.

Sierra Bancorp operates as the bank holding firm for Bank of the Sierra that provides a range of retail and commercial banking services to individuals and businesses in California.The firm is worth $407.91 million. The firm accepts various deposit products, such as checking accounts, savings accounts, money market demand accounts, time deposits, retirement accounts, sweep accounts, demand deposit accounts, NOW accounts, certificates of deposit, and brokered deposits.16 is the P/E ratio. It also provides real estate loans secured by commercial, professional office, and agricultural properties; construction loans for residential and commercial development; permanent mortgage loans, land acquisition and development loans, and multifamily credit facilities; secondary market services for residential mortgage loans; agricultural production loans; commercial and industrial loans and leases, including SBA loans and direct finance leases; mortgage warehouse loans; and consumer loans.

The stock increased 0.04% or $0.01 during the last trading session, hitting $26.69.Sierra Bancorp has volume of 33,417 shares. Since December 8, 2017 BSRR has risen 21.33% and is uptrending. BSRR outperformed the S&P500 by 5.71%.

On January, 28 Sierra Bancorp (NASDAQ:BSRR)’s earnings report is awaited by WallStreet, Faxor reports. Last year’s earnings per share was $0.44, while now analysts expect change of 20.45 % up from current $0.53 earnings per share. If the current earnings per share of $0.53 is accurate, BSRR’s profit could be $8.10M. Analysts at Wall Street see Sierra Bancorp’s 15.22 % EPS growth compared to $0.46 earnings per share for last quarter.

57,393 were accumulated by Financial Bank Of America Corporation De. Bnp Paribas Arbitrage Sa has invested 0% of its capital in Sierra Bancorp (NASDAQ:BSRR). Schwab Charles Inv Mgmt reported 0% stake. Bowling Mngmt Ltd Llc reported 0.23% of its capital in Sierra Bancorp (NASDAQ:BSRR). Ajo L P owns 165,440 shs or 0.02% of their US capital. 90 were reported by Great West Life Assurance Can. Brandywine Global Invest Mgmt Limited reported 6,044 shs or 0% of all its holdings. Pennsylvania-based Penn Cap Mgmt has invested 0.08% in Sierra Bancorp (NASDAQ:BSRR). 47,592 are owned by Kennedy Capital Mgmt Incorporated. Parametric Portfolio Assocs Lc accumulated 11,298 shs or 0% of the stock. Moreover, State Street Corp has 0% invested in Sierra Bancorp (NASDAQ:BSRR) for 236,187 shs. 17,682 were accumulated by D E Shaw &. California Public Employees Retirement owns 0% invested in Sierra Bancorp (NASDAQ:BSRR) for 41,751 shs. Earnest Prtn Limited Liability Corporation holds 600 shs. National Bank Of Mellon holds 0% or 97,317 shs.

Sierra Bancorp had 4 selling transactions and 1 insider buy since July 26, 2018. This’s net activity of $392,837. Gardunio James F had sold 2,000 shs worth $60,433 on Friday, September 7. On Wednesday, August 29 a trade for 4,801 shs valued at $141,016 was made by McPhaill Kevin J. WOODS GORDON T sold $147,500 worth of stock.

For more Sierra Bancorp (NASDAQ:BSRR) news brought out briefly go to: Zacks.com, Prnewswire.com, Fool.com, Fool.com or Zacks.com. The titles are as follows: “Is Schneider National (SNDR) a Great Value Stock Right Now? – Zacks.com” brought out on October 22, 2018, “Sierra Bancorp Completes Acquisition of OCB Bancorp, Parent of Ojai Community Bank – PR Newswire” on October 02, 2017, “3 Reasons Bank of Marin Is on the Rise – The Motley Fool” with a publish date: December 11, 2016, “How Risky Is Sierra Bancorp? – Motley Fool” and the last “Is Southwestern Energy (SWN) Stock Undervalued Right Now? – Zacks.com” with publication date: October 22, 2018.

Sierra Bancorp (NASDAQ:BSRR) Institutional Investors Chart

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