EPS for Heritage Commerce Corp (HTBK) Expected At $0.28

July 16, 2018 - By Richard Slagle

Investors sentiment increased to 1.36 in Q1 2018. Its up 0.03, from 1.33 in 2017Q4. It improved, as 10 investors sold Heritage Commerce Corp shares while 32 reduced holdings. 24 funds opened positions while 33 raised stakes. 26.88 million shares or 1.78% more from 26.41 million shares in 2017Q4 were reported.
Voya Investment Mgmt Limited Liability Corporation reported 13,704 shares. Sheets Smith Wealth Management stated it has 20,615 shares or 0.08% of all its holdings. Clarivest Asset Ltd Limited Liability Company invested in 83,137 shares. Td Asset Mngmt reported 0% of its portfolio in Heritage Commerce Corp (NASDAQ:HTBK). 875,971 were reported by Westwood Holdings Grp. Tiedemann Advsrs holds 0.68% of its portfolio in Heritage Commerce Corp (NASDAQ:HTBK) for 599,046 shares. Aimz Invest Limited Co has 11,279 shares. Ubs Asset Mngmt Americas owns 20,500 shares. Price T Rowe Md holds 4.43M shares or 0.01% of its portfolio. Metropolitan Life Ins Company reported 0% stake. Moreover, Tower Limited Liability Co (Trc) has 0% invested in Heritage Commerce Corp (NASDAQ:HTBK). Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% in Heritage Commerce Corp (NASDAQ:HTBK) or 4,037 shares. Thrivent Fincl For Lutherans, Minnesota-based fund reported 1.21 million shares. Teton Advsrs Inc reported 30,900 shares. Balyasny Asset Management Ltd Co accumulated 33,867 shares or 0% of the stock.

Since February 8, 2018, it had 0 insider buys, and 4 insider sales for $930,953 activity. Shares for $102,000 were sold by Benito Michael Eugene. Shares for $59,569 were sold by Wilton Keith.

Analysts expect Heritage Commerce Corp (NASDAQ:HTBK) to report $0.28 EPS on July, 26.They anticipate $0.09 EPS change or 47.37 % from last quarter’s $0.19 EPS. HTBK’s profit would be $12.04M giving it 15.03 P/E if the $0.28 EPS is correct. After having $0.23 EPS previously, Heritage Commerce Corp’s analysts see 21.74 % EPS growth. The stock increased 0.60% or $0.1 during the last trading session, reaching $16.83. About 71,942 shares traded. Heritage Commerce Corp (NASDAQ:HTBK) has risen 25.06% since July 16, 2017 and is uptrending. It has outperformed by 12.49% the S&P500.

Heritage Commerce Corp (NASDAQ:HTBK) Ratings Coverage

Among 4 analysts covering Heritage Commerce Corp (NASDAQ:HTBK), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Heritage Commerce Corp had 15 analyst reports since January 26, 2018 according to SRatingsIntel. DA Davidson maintained the stock with “Buy” rating in Monday, April 30 report. The firm has “Buy” rating by Sandler O’Neill given on Friday, January 26. The stock of Heritage Commerce Corp (NASDAQ:HTBK) has “Buy” rating given on Friday, February 2 by Brean Capital. The rating was maintained by Brean Capital on Monday, April 16 with “Buy”. The stock of Heritage Commerce Corp (NASDAQ:HTBK) has “Buy” rating given on Monday, May 21 by Brean Capital. The firm has “Buy” rating given on Friday, May 11 by Brean Capital. Brean Capital maintained the shares of HTBK in report on Monday, June 11 with “Buy” rating. The firm earned “Buy” rating on Monday, February 5 by Brean Capital. As per Thursday, May 3, the company rating was maintained by Brean Capital. The stock of Heritage Commerce Corp (NASDAQ:HTBK) earned “Buy” rating by Brean Capital on Friday, January 26.

Heritage Commerce Corp operates as the bank holding firm for Heritage Bank of Commerce that provides various commercial and personal banking services to residents and the business/professional community in California. The company has market cap of $723.45 million. It offers a range of deposit products for business banking and retail markets, including checking accounts, savings accounts, demand deposits, money market accounts, and time deposits. It has a 24.75 P/E ratio. The firm also provides various loan products comprising commercial loans, such as operating secured and unsecured loans advanced for working capital, equipment purchases, and other business purposes; commercial real estate loans; commercial construction loans for rental properties, commercial buildings, and homes; home equity lines of credit; consumer loans consisting of loans for financing automobiles, various consumer goods, and other personal purposes; and small business administration loans.

Another recent and important Heritage Commerce Corp (NASDAQ:HTBK) news was published by Seekingalpha.com which published an article titled: “Heritage Commerce: Dividend Paying Bank With Strong Growth” on July 09, 2018.

Heritage Commerce Corp (NASDAQ:HTBK) Institutional Positions Chart

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