E*TRADE Financial Corporation (ETFC) Has Wedge Up Trading At $61.67

June 29, 2018 - By Gwen Gough

E*TRADE Financial Corporation (NASDAQ:ETFC) Corporate Logo

During 2018 Q1 the big money sentiment decreased to 0.88. That’s change of 0.08, from 2017Q4’s 0.96. 39 investors sold all, 168 reduced holdings as E*TRADE Financial Corporation ratio fall. 122 grew positions while 60 funds took positions. Funds hold 236.43 million shares thus 0.72% less from 2017Q4’s 238.15 million shares.
Cwm Ltd Limited Liability Company reported 57 shs or 0% of all its holdings. Tcw Gp holds 79,061 shs. Maltese Mgmt Limited Co owns 225,000 shs for 0.85% of their capital. Old Natl Bank In holds 0.06% or 19,435 shs. 426,544 are held by Asset One Limited. Gsa Ptnrs Llp invested in 0.11% or 35,910 shs. Cleararc Cap reported 0.06% of its capital in E*TRADE Financial Corporation (NASDAQ:ETFC). Plante Moran Fin Advisors Limited invested in 37 shs. Northcoast Asset has 25,435 shs. Jaffetilchin Inv Prns Limited Liability Corporation has invested 0.07% in E*TRADE Financial Corporation (NASDAQ:ETFC). Barrow Hanley Mewhinney Strauss Ltd Liability Company accumulated 1.45 million shs or 0.13% of the stock. 506,440 are held by Renaissance Technologies Limited Liability Company. Guardian Capital Limited Partnership has invested 0.01% in E*TRADE Financial Corporation (NASDAQ:ETFC). 5,475 are held by Mai Cap Mngmt. Conning, Connecticut-based fund reported 11,227 shs.

E*TRADE Financial Corporation had 6 selling transactions and 0 insider purchases since January 30, 2018. This’s net activity of $12.52 million. Roessner Karl A sold $5.96M worth of stock. LAWSON RODGER A had sold 13,174 shs worth $675,418 on Wednesday, February 7. Curcio Michael John sold 34,158 shs worth $1.77 million. Pizzi Michael A. sold $3.60 million worth of E*TRADE Financial Corporation (NASDAQ:ETFC) on Wednesday, February 7. SCLAFANI JOSEPH L sold $105,500 worth of E*TRADE Financial Corporation (NASDAQ:ETFC) or 2,000 shs on Tuesday, January 30.

E*TRADE Financial Corporation (ETFC) formed up wedge with $63.52 price target or 3.00 % above Jun, 29, $61.67 stock price. The company’s valuation will be $488.19M more at $63.52 price target.

ETFC is touching $61.67 during the last trading session, after increased 0.12%.Currently E*TRADE Financial Corporation is uptrending after 82.27% change in last June 29, 2017. ETFC has 647,247 shares volume. ETFC outperformed the S&P 500 by 69.70%.

E*TRADE Financial Corporation (NASDAQ:ETFC)’s earnings release is awaited by WallStreet on July, 19, as reported by RTT. earnings per share of $0.88 is 69.23 % up from 2017’s $0.52 EPS. ETFC’s profit could hit $232.21 million with 17.52 P/E in case $0.88 earnings per share is revealed. Analysts at Wall Street see E*TRADE Financial Corporation’s 0.00 % EPS growth compared to $0.88 earnings per share for last quarter.

E*TRADE Financial Corporation (NASDAQ:ETFC) Ratings Coverage

A total of 14 analysts rate E*TRADE Financial (NASDAQ:ETFC) as follows: 12 “Buy”, 2 “Hold” and 0 “Sell”. Тherefore 86% are bullish. (NASDAQ:ETFC) has 29 ratings reports on Jun 29, 2018 according to StockzIntelligence. On Monday, January 8 the stock has “Hold” rating by Sandler O’Neill. The company rating was maintained by Morgan Stanley on Wednesday, April 25. On Friday, April 20 the stock of E*TRADE Financial Corporation (NASDAQ:ETFC) earned “Hold” rating by Sandler O’Neill. On Friday, January 26 UBS maintained E*TRADE Financial Corporation (NASDAQ:ETFC) rating. UBS has “Buy” rating and $63 target. On Friday, April 6 the stock of E*TRADE Financial Corporation (NASDAQ:ETFC) has “Buy” rating given by Deutsche Bank. The stock rating was maintained by Jefferies with “Hold” on Monday, January 8. On Friday, January 26 the stock has “Buy” rating by SunTrust. On Tuesday, January 30 the firm has “Overweight” rating by Morgan Stanley given. On Wednesday, March 14 the company was maintained by Sandler O’Neill. On Friday, April 20 the stock of E*TRADE Financial Corporation (NASDAQ:ETFC) earned “Outperform” rating by Credit Suisse.

There’s an important E*TRADE Financial Corporation (NASDAQ:ETFC) news announced by Streetinsider.com. It’s an item titled: “E*TRADE Financial (ETFC) May DARTs Increase 1% MoM” on June 14, 2018.

E*TRADE Financial Corporation (NASDAQ:ETFC) Institutional Investors Chart

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