FB Financial (FBK) Reaches $44.68 High on Jan, 14; Waddell & Reed Financial, Inc. (WDR) Covered By 0 Bullish Analysts Last Week

January 14, 2018 - By Darrin Black

Among 9 analysts covering Waddell & Reed Financial Inc. (NYSE:WDR), 0 have Buy rating, 4 Sell and 5 Hold. Therefore 0 are positive. Waddell & Reed Financial Inc. had 46 analyst reports since August 27, 2015 according to SRatingsIntel. The rating was maintained by Jefferies on Monday, July 11 with “Hold”. The company was downgraded on Wednesday, November 16 by Keefe Bruyette & Woods. The rating was upgraded by Citigroup on Monday, October 26 to “Neutral”. Bank of America maintained Waddell & Reed Financial, Inc. (NYSE:WDR) rating on Wednesday, October 25. Bank of America has “Underperform” rating and $18 target. The firm has “Underperform” rating by RBC Capital Markets given on Friday, June 30. As per Thursday, September 3, the company rating was maintained by Wood. The firm has “Neutral” rating given on Wednesday, July 13 by Citigroup. The company was maintained on Tuesday, August 1 by RBC Capital Markets. The company was maintained on Monday, October 5 by Citigroup. Credit Suisse maintained it with “Underperform” rating and $19 target in Wednesday, October 25 report. See Waddell & Reed Financial, Inc. (NYSE:WDR) latest ratings:

10/01/2018 Broker: Jefferies Rating: Hold New Target: $23.0 Maintain
21/12/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $23.0 Maintain
13/11/2017 Broker: Credit Suisse Rating: Sell
25/10/2017 Broker: Credit Suisse Rating: Underperform Old Target: $18 New Target: $19 Maintain
25/10/2017 Broker: Bank of America Rating: Underperform Old Target: $17 New Target: $18 Maintain
18/10/2017 Broker: RBC Capital Markets Rating: Sell New Target: $18.0 Maintain
06/09/2017 Broker: Jefferies Rating: Hold New Target: $19.0 Maintain
04/09/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $20.0 Maintain
11/08/2017 Broker: Credit Suisse Rating: Underperform Old Target: $19 New Target: $18 Maintain
02/08/2017 Broker: Jefferies Rating: Hold New Target: $19.0000 Maintain

The stock of FB Financial Corporation (NYSE:FBK) reached all time high today, Jan, 14 and still has $46.02 target or 3.00% above today’s $44.68 share price. This indicates more upside for the $1.36 billion company. This technical setup was reported by Barchart.com. If the $46.02 PT is reached, the company will be worth $40.92M more. The stock increased 0.16% or $0.07 during the last trading session, reaching $44.68. About 92,839 shares traded or 9.98% up from the average. FB Financial Corporation (NYSE:FBK) has 0.00% since January 14, 2017 and is . It has underperformed by 16.70% the S&P500.

Analysts await FB Financial Corporation (NYSE:FBK) to report earnings on January, 25. They expect $0.54 EPS, up 25.58% or $0.11 from last year’s $0.43 per share. FBK’s profit will be $16.49M for 20.69 P/E if the $0.54 EPS becomes a reality. After $0.60 actual EPS reported by FB Financial Corporation for the previous quarter, Wall Street now forecasts -10.00% negative EPS growth.

FB Financial Corporation operates as a holding firm for FirstBank that provides a suite of commercial and consumer banking services to businesses, professionals, and individuals in Tennessee, North Alabama, and North Georgia. The company has market cap of $1.36 billion. It offers interest bearing depository services and products; commercial lending products that include working capital lines of credit, equipment loans, owner-occupied and non-owner-occupied real estate construction loans, real estate term loans, and cash flow loans to small and medium sized businesses; and consumer lending products comprising first and second residential mortgage loans, and home equity lines of credit, as well as consumer installment loans to purchase cars, boats, and other recreational vehicles. It has a 30.9 P/E ratio. The firm also provides mortgage banking services through its bank branch network and mortgage banking offices located in the southeastern United States; and an Internet delivery channel, as well as third-party mortgage services to smaller community banks and mortgage companies.

Among 2 analysts covering FB Financial (NYSE:FBK), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. FB Financial had 3 analyst reports since February 10, 2017 according to SRatingsIntel. Sandler O’Neill downgraded the shares of FBK in report on Wednesday, April 26 to “Hold” rating. Sandler O’Neill upgraded the stock to “Buy” rating in Friday, February 10 report. The firm has “Mkt Perform” rating by Keefe Bruyette & Woods given on Wednesday, April 26.

The stock increased 1.90% or $0.43 during the last trading session, reaching $23.08. About 1.13M shares traded or 9.81% up from the average. Waddell & Reed Financial, Inc. (NYSE:WDR) has declined 11.92% since January 14, 2017 and is downtrending. It has underperformed by 28.62% the S&P500.

Investors sentiment decreased to 1.05 in 2017 Q3. Its down 0.14, from 1.19 in 2017Q2. It fall, as 20 investors sold Waddell & Reed Financial, Inc. shares while 64 reduced holdings. 30 funds opened positions while 58 raised stakes. 79.83 million shares or 0.88% more from 79.13 million shares in 2017Q2 were reported. Bank & Trust Of Mellon holds 0.01% of its portfolio in Waddell & Reed Financial, Inc. (NYSE:WDR) for 1.52 million shares. Gamco Investors Et Al invested in 1.74 million shares or 0.22% of the stock. Royal Bankshares Of Canada invested 0% in Waddell & Reed Financial, Inc. (NYSE:WDR). Credit Suisse Ag accumulated 108,862 shares. Federated Invsts Pa reported 225,546 shares. Vident Investment Advisory Lc stated it has 0.14% of its portfolio in Waddell & Reed Financial, Inc. (NYSE:WDR). Cipher Capital Lp owns 20,750 shares or 0.03% of their US portfolio. Parametric Portfolio Associate holds 0.01% of its portfolio in Waddell & Reed Financial, Inc. (NYSE:WDR) for 517,555 shares. Century Cos owns 32,208 shares or 0% of their US portfolio. Tower Cap Limited Liability Company (Trc) invested in 0.01% or 5,907 shares. 25,740 are owned by Alpha Windward Lc. 18,359 were accumulated by Barclays Public Ltd. Victory Mgmt Inc, a Ohio-based fund reported 35,590 shares. Invesco Ltd reported 4.54M shares. Auxier Asset Management reported 0.13% in Waddell & Reed Financial, Inc. (NYSE:WDR).

Waddell & Reed Financial, Inc., through its subsidiaries, provides investment management and advisory, investment product underwriting and distribution, and shareholder services administration to mutual funds, and institutional and separately managed accounts in the United States. The company has market cap of $1.92 billion. The firm acts as an investment adviser for institutional and other private investors, and provides sub advisory services to other investment companies; and underwrites and distributes registered open-end mutual fund portfolios. It has a 16.51 P/E ratio. It also offers fee asset allocation investment advisory products to advisors channel customers; distributes business partnersÂ’ variable annuity products, and retirement and life insurance products to advisors channel customers; and sells life insurance and disability products underwritten by various carriers.

Since August 3, 2017, it had 0 insider purchases, and 2 sales for $604,615 activity. Another trade for 5,903 shares valued at $118,141 was sold by Clouse Benjamin R. 25,076 shares were sold by KOSLOFF ALAN W, worth $486,474 on Thursday, August 3.

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