Pacific Ridge Capital Partners Has Lowered Its Xcerra (XCRA) Position; Basswood Capital Management Trimmed Synchrony Finl (SYF) Holding By $8.17 Million

January 14, 2018 - By Darrin Black

Basswood Capital Management Llc decreased Synchrony Finl (SYF) stake by 81.62% reported in 2017Q3 SEC filing. Basswood Capital Management Llc sold 263,497 shares as Synchrony Finl (SYF)’s stock declined 26.83%. The Basswood Capital Management Llc holds 59,331 shares with $1.84 million value, down from 322,828 last quarter. Synchrony Finl now has $30.81 billion valuation. The stock decreased 0.98% or $0.39 during the last trading session, reaching $39.37. About 8.53 million shares traded or 35.86% up from the average. Synchrony Financial (NYSE:SYF) has declined 10.35% since January 14, 2017 and is downtrending. It has underperformed by 27.05% the S&P500.

Pacific Ridge Capital Partners Llc decreased Xcerra Corp (XCRA) stake by 26.21% reported in 2017Q3 SEC filing. Pacific Ridge Capital Partners Llc sold 228,890 shares as Xcerra Corp (XCRA)’s stock rose 16.75%. The Pacific Ridge Capital Partners Llc holds 644,502 shares with $6.35M value, down from 873,392 last quarter. Xcerra Corp now has $551.57M valuation. The stock increased 0.10% or $0.01 during the last trading session, reaching $10.05. About 594,887 shares traded or 60.25% up from the average. Xcerra Corporation (NASDAQ:XCRA) has risen 65.92% since January 14, 2017 and is uptrending. It has outperformed by 49.22% the S&P500.

Analysts await Xcerra Corporation (NASDAQ:XCRA) to report earnings on February, 20. They expect $0.14 EPS, up 133.33% or $0.08 from last year’s $0.06 per share. XCRA’s profit will be $7.68 million for 17.95 P/E if the $0.14 EPS becomes a reality. After $0.33 actual EPS reported by Xcerra Corporation for the previous quarter, Wall Street now forecasts -57.58% negative EPS growth.

Among 4 analysts covering Xcerra (NASDAQ:XCRA), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 0 are positive. Xcerra had 8 analyst reports since September 4, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Wednesday, August 30 by Needham. B. Riley & Co maintained the shares of XCRA in report on Monday, August 28 with “Hold” rating. The firm has “Buy” rating by Stifel Nicolaus given on Wednesday, November 18. The firm earned “Neutral” rating on Tuesday, April 11 by B. Riley & Co. The firm has “Neutral” rating by DA Davidson given on Tuesday, April 11. Stifel Nicolaus downgraded the stock to “Hold” rating in Monday, May 15 report. The firm has “Buy” rating by DA Davidson given on Friday, September 4. The rating was maintained by Needham with “Hold” on Thursday, October 26.

Pacific Ridge Capital Partners Llc increased Meta Financial Group (NASDAQ:CASH) stake by 5,250 shares to 78,646 valued at $6.17 million in 2017Q3. It also upped Esquire Financial Hld stake by 25,900 shares and now owns 145,900 shares. Midland States was raised too.

Basswood Capital Management Llc increased Esquire Finl Hldgs Inc stake by 221,014 shares to 504,718 valued at $8.12 million in 2017Q3. It also upped Calatlantic Group Inc stake by 18,754 shares and now owns 270,701 shares. Peapack (NASDAQ:PGC) was raised too.

Among 29 analysts covering Synchrony Financial (NYSE:SYF), 22 have Buy rating, 0 Sell and 7 Hold. Therefore 76% are positive. Synchrony Financial had 67 analyst reports since July 20, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, June 15 by Jefferies. The stock of Synchrony Financial (NYSE:SYF) earned “Buy” rating by Sterne Agee CRT on Monday, November 23. The firm has “Hold” rating given on Tuesday, October 10 by Wells Fargo. The rating was maintained by Deutsche Bank on Wednesday, May 4 with “Buy”. The firm has “Market Perform” rating given on Monday, October 23 by Wells Fargo. Keefe Bruyette & Woods maintained Synchrony Financial (NYSE:SYF) rating on Monday, July 17. Keefe Bruyette & Woods has “Buy” rating and $3900 target. The firm has “Market Perform” rating by IBC given on Wednesday, April 12. The stock has “Buy” rating by BMO Capital Markets on Friday, October 20. The firm has “Conviction Buy” rating given on Wednesday, January 13 by Goldman Sachs. The firm earned “Neutral” rating on Wednesday, May 11 by Macquarie Research.

Analysts await Synchrony Financial (NYSE:SYF) to report earnings on January, 19. They expect $0.65 earnings per share, down 7.14% or $0.05 from last year’s $0.7 per share. SYF’s profit will be $508.69 million for 15.14 P/E if the $0.65 EPS becomes a reality. After $0.70 actual earnings per share reported by Synchrony Financial for the previous quarter, Wall Street now forecasts -7.14% negative EPS growth.

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