On Jun 27, 2018 Sandler O’Neill Upgrades Sandy Spring Bancorp (NASDAQ:SASR) From “Hold”.

June 27, 2018 - By Robert Case

Sandy Spring Bancorp, Inc. (NASDAQ:SASR) Corporate Logo

Big Money Sentiment increased to 2.46 in Q1 2018. It has change of 0.92, from 2017Q4’s 1.54. The ratio is positive due to Sandy Spring Bancorp, Inc. positioning: 18 sold and 23 reduced. 41 funds bought stakes and 60 increased stakes. Investors holded 16.99 million in 2017Q4 but now own 22.60 million shares or 33.01% more.

Manufacturers Life Ins Communication The holds 0% or 22,993 shs in its capital. The Maryland-based Lafayette Invests has invested 1.4% in Sandy Spring Bancorp, Inc. (NASDAQ:SASR). Zebra Mngmt Ltd Liability Corp has invested 0.37% of its capital in Sandy Spring Bancorp, Inc. (NASDAQ:SASR). Bankshares Of Montreal Can holds 0% or 46,905 shs in its capital. Ejf owns 555,000 shs. Fny Managed Accounts accumulated 0.01% or 278 shs. Los Angeles Capital Mgmt And Equity holds 0% or 15,304 shs. M&T Retail Bank stated it has 14,016 shs or 0% of all its holdings. Canandaigua Retail Bank invested in 0.03% or 5,599 shs. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% of its capital in Sandy Spring Bancorp, Inc. (NASDAQ:SASR) for 1,753 shs. 148,986 are held by Aqr Mngmt Limited Liability Company. Metropolitan Life Ny stated it has 9,534 shs or 0% of all its holdings. 1.06M were reported by Ameriprise Financial. 12,600 are owned by Ubs Asset Management Americas. Creative Planning reported 0.01% stake.

Sandy Spring Bancorp, Inc. registered $10.63 million net activity with 2 buys and 36 selling transactions since January 22, 2018. $83,750 worth of Sandy Spring Bancorp, Inc. (NASDAQ:SASR) was sold by Michael Mark C on Wednesday, May 23. 1,538 shs were sold by REEDER JOE, worth $59,408. On Friday, June 8 a trade for 10,000 shs valued at $433,706 was made by Andersen Shaza L. $22,693 worth of stock was bought by Stephenson Mona Abutaleb on Monday, February 5. Friis Mark E bought $36,760 worth of stock or 1,000 shs. On Tuesday, January 30 1,872 shs were sold by McDowell Ronda M, worth $71,034.

Sandler O’Neill Improved Sandy Spring Bancorp (NASDAQ:SASR)’s Stock Rating to “Buy”.

On Tuesday, 26 June Sandy Spring Bancorp (NASDAQ:SASR)‘s rating was boosted from “Hold” to “Buy”. The change by Sandler O’Neill was issued in analysts note.

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

In total 4 analysts cover Sandy Spring Bancorp (NASDAQ:SASR). “Buy” rating has 3, “Sell” are 0, while 1 are “Hold”. 75% are bullish. 6 are the (NASDAQ:SASR)’s analyst reports since January 10, 2018 according to StockzIntelligence Inc. On Wednesday, January 10 Robert W. Baird maintained the shares of SASR in report with “Hold” rating. On Friday, January 19 the company was maintained by Keefe Bruyette & Woods. On Friday, January 12 the stock of Sandy Spring Bancorp, Inc. (NASDAQ:SASR) earned “Hold” rating by Sandler O’Neill. On Thursday, February 22 the rating was upgraded by Stephens to “Overweight”. On Tuesday, April 24 Keefe Bruyette & Woods upgraded Sandy Spring Bancorp, Inc. (NASDAQ:SASR) rating. Keefe Bruyette & Woods has “Buy” rating and $4700 target. On Tuesday, June 26 Sandler O’Neill upgraded Sandy Spring Bancorp, Inc. (NASDAQ:SASR) to “Buy” rating.

The stock decreased 1.09% or $0.46 during the last trading session, reaching $41.77.Sandy Spring Bancorp, Inc. has volume of 34,922 shares. Since June 27, 2017 SASR has risen 6.43% and is uptrending. SASR underperformed the S&P 500 by 6.14%.

Investors wait Sandy Spring Bancorp, Inc. (NASDAQ:SASR)’s quarterly earnings on July, 19., according to RTT. The EPS diference is $0.19 or 31.15 % up from last years number. Previous year: $0.61; Analysts forcast: $0.80. SASR’s profit could hit $28.40M if the current EPS of $0.80 is accurate. After $0.80 EPS was reported last quarter, analysts now see EPS growth of 0.00 % for Sandy Spring Bancorp, Inc..

Sandy Spring Bancorp, Inc. operates as the bank holding firm for Sandy Spring Bank that provides commercial banking services to individuals and businesses in central Maryland, Northern Virginia, and Washington D.C. markets.The firm is valued at $1.48 billion. It operates through three divisions: Community Banking, Insurance, and Investment Management.The P/E ratio is 18.99. The Community Banking segment provides financial services and products, including various loan and deposit products to individuals and businesses.

There’s a significant Sandy Spring Bancorp, Inc. (NASDAQ:SASR) news released by Businesswire.com. It’s an article titled: “KBRA Assigns BBB+ Senior Unsecured Debt Rating for Sandy Spring Bancorp, Inc.” on June 06, 2018.

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

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