Resolution Capital Ltd Decreased Diamondrock Hospitality Co (DRH) Stake By $12.88 Million; Phocas Financial Has Lowered By $532,136 Its Bryn Mawr Bk (BMTC) Position

May 18, 2018 - By Ruchi Gupta

Bryn Mawr Bank Corporation (NASDAQ:BMTC) Logo

Phocas Financial Corp decreased Bryn Mawr Bk Corp (BMTC) stake by 4.07% reported in 2017Q4 SEC filing. Phocas Financial Corp sold 12,094 shares as Bryn Mawr Bk Corp (BMTC)’s stock declined 3.20%. The Phocas Financial Corp holds 285,191 shares with $12.61 million value, down from 297,285 last quarter. Bryn Mawr Bk Corp now has $937.29 million valuation. The stock increased 0.65% or $0.3 during the last trading session, reaching $46.25. About 66,194 shares traded or 10.82% up from the average. Bryn Mawr Bank Corporation (NASDAQ:BMTC) has risen 13.18% since May 18, 2017 and is uptrending. It has outperformed by 1.63% the S&P500.

Resolution Capital Ltd decreased Diamondrock Hospitality Co (NYSE:DRH) stake by 15.34% reported in 2018Q1 SEC filing. Resolution Capital Ltd sold 1.29 million shares as Diamondrock Hospitality Co (NYSE:DRH)’s stock declined 10.64%. The Resolution Capital Ltd holds 7.11M shares with $74.22M value, down from 8.40 million last quarter. Diamondrock Hospitality Co now has $2.36 billion valuation. The stock increased 0.51% or $0.06 during the last trading session, reaching $11.78. About 1.31 million shares traded. DiamondRock Hospitality Company (NYSE:DRH) has declined 5.84% since May 18, 2017 and is downtrending. It has underperformed by 17.39% the S&P500.

Investors sentiment decreased to 1.14 in Q4 2017. Its down 0.19, from 1.33 in 2017Q3. It dropped, as 12 investors sold DRH shares while 75 reduced holdings. 24 funds opened positions while 75 raised stakes. 208.87 million shares or 2.18% less from 213.52 million shares in 2017Q3 were reported. Raymond James And Assocs owns 10,054 shares. Glenmede Trust Na holds 708 shares or 0% of its portfolio. The Texas-based Dimensional Fund Advsr Lp has invested 0.01% in DiamondRock Hospitality Company (NYSE:DRH). Strs Ohio owns 316,894 shares. Quantbot Techs Ltd Partnership invested 0.13% in DiamondRock Hospitality Company (NYSE:DRH). Indexiq Advsr Limited accumulated 346,281 shares or 0.14% of the stock. Dubuque Savings Bank & has 0% invested in DiamondRock Hospitality Company (NYSE:DRH). Price T Rowe Assocs Md reported 96,540 shares. Moreover, National Bank Of America De has 0% invested in DiamondRock Hospitality Company (NYSE:DRH) for 832,310 shares. 1.61M are held by Deutsche Comml Bank Ag. California State Teachers Retirement Sys owns 315,435 shares for 0.01% of their portfolio. Cna holds 0.09% of its portfolio in DiamondRock Hospitality Company (NYSE:DRH) for 33,571 shares. Tiaa Cref Management Ltd Liability Co holds 0.01% or 680,398 shares in its portfolio. Arizona State Retirement owns 336,658 shares. Cibc Asset Mgmt Inc invested 0% in DiamondRock Hospitality Company (NYSE:DRH).

DiamondRock Hospitality Company, a lodging focused real estate company, owns premium hotels and resorts in North America. The company has market cap of $2.36 billion. The firm operates its hotels under the Hilton, Marriott, and Westin brand names in New York, Los Angeles, Chicago, Boston, and Atlanta; and in destination resort locations, such as the United States Virgin Islands and Colorado. It has a 25.72 P/E ratio. As of December 16, 2011, it owned 26 hotels with approximately 12000 rooms.

Among 17 analysts covering Diamondrock Hospitality Company (NYSE:DRH), 6 have Buy rating, 3 Sell and 8 Hold. Therefore 35% are positive. Diamondrock Hospitality Company has $15 highest and $9 lowest target. $11.23’s average target is -4.67% below currents $11.78 stock price. Diamondrock Hospitality Company had 46 analyst reports since August 12, 2015 according to SRatingsIntel. KeyBanc Capital Markets maintained the stock with “Hold” rating in Friday, September 22 report. Morgan Stanley maintained the stock with “Underweight” rating in Wednesday, February 28 report. Evercore maintained the stock with “Hold” rating in Monday, September 7 report. Boenning \u0026 Scattergood upgraded the shares of DRH in report on Friday, December 8 to “Neutral” rating. The firm has “Outperform” rating given on Friday, July 14 by Raymond James. The stock of DiamondRock Hospitality Company (NYSE:DRH) earned “Sell” rating by Boenning & Scattergood on Wednesday, November 8. Zacks downgraded the stock to “Buy” rating in Monday, August 24 report. Boenning \u0026 Scattergood downgraded DiamondRock Hospitality Company (NYSE:DRH) on Thursday, March 29 to “Underperform” rating. The stock of DiamondRock Hospitality Company (NYSE:DRH) has “Buy” rating given on Monday, August 7 by Canaccord Genuity. The firm has “Underweight” rating given on Monday, September 26 by Morgan Stanley.

Since March 2, 2018, it had 1 insider purchase, and 1 insider sale for $32,486 activity. Another trade for 10,000 shares valued at $99,800 was made by Brugger Mark W on Friday, March 2. $132,286 worth of DiamondRock Hospitality Company (NYSE:DRH) was sold by RAY GILBERT T.

Resolution Capital Ltd is a Australia-based institutional investor with more than $2.93 billion AUM in September, 2014. This fund invests only a small percentage of its assets in equities and options. Taken from Resolution Capital latest Adv, the fund reported to have 13 full and part-time employees. Among which 9 performing investment advisory and research functions. The institutional investor had between 11-25 clients.

Analysts await Bryn Mawr Bank Corporation (NASDAQ:BMTC) to report earnings on July, 19. They expect $0.76 EPS, up 28.81% or $0.17 from last year’s $0.59 per share. BMTC’s profit will be $15.40 million for 15.21 P/E if the $0.76 EPS becomes a reality. After $0.94 actual EPS reported by Bryn Mawr Bank Corporation for the previous quarter, Wall Street now forecasts -19.15% negative EPS growth.

Investors sentiment increased to 1.27 in Q4 2017. Its up 0.09, from 1.18 in 2017Q3. It improved, as 5 investors sold BMTC shares while 43 reduced holdings. 15 funds opened positions while 46 raised stakes. 14.31 million shares or 6.37% more from 13.46 million shares in 2017Q3 were reported. Susquehanna Interest Limited Liability Partnership holds 12,081 shares. Fincl Bank Of Montreal Can invested in 0% or 3,737 shares. Stifel owns 367,035 shares or 0.05% of their US portfolio. Wellington Mngmt Gp Ltd Liability Partnership holds 0% or 82,043 shares. Qs Invsts Lc holds 5,715 shares or 0% of its portfolio. Tower Rech Cap Ltd (Trc) stated it has 220 shares. Bryn Mawr Trust reported 106,616 shares. Vantage Investment Advisors Limited Company, Pennsylvania-based fund reported 50 shares. State Common Retirement Fund owns 40,283 shares or 0% of their US portfolio. Loomis Sayles And Ltd Partnership invested in 0.04% or 417,184 shares. Gsa Cap Prtn Ltd Liability Partnership invested in 0.02% or 6,400 shares. Moreover, D E Shaw And has 0% invested in Bryn Mawr Bank Corporation (NASDAQ:BMTC) for 30,920 shares. Deutsche Commercial Bank Ag accumulated 48,218 shares. Teacher Retirement Systems Of Texas holds 0% or 5,874 shares in its portfolio. Bessemer Group Inc Inc reported 0% stake.

More recent Bryn Mawr Bank Corporation (NASDAQ:BMTC) news were published by: Nasdaq.com which released: “Bryn Mawr Trust Grows its BMT Insurance Advisors Announcing the Acquisition of Domenick & Associates” on May 01, 2018. Also Nasdaq.com published the news titled: “Bryn Mawr Bank Corporation Reports Record Quarterly Earnings of $15.3 Million in First Full Quarter with Royal Bank …” on April 19, 2018. Bizjournals.com‘s news article titled: “Bank Notes: Mixed bag for regional banks in 1Q earnings” with publication date: April 23, 2018 was also an interesting one.

Among 4 analysts covering Bryn Mawr Bank (NASDAQ:BMTC), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Bryn Mawr Bank has $5600 highest and $34 lowest target. $45’s average target is -2.70% below currents $46.25 stock price. Bryn Mawr Bank had 11 analyst reports since July 28, 2015 according to SRatingsIntel. The stock has “Sell” rating by Zacks on Monday, August 31. Keefe Bruyette & Woods maintained the shares of BMTC in report on Friday, July 21 with “Buy” rating. The stock of Bryn Mawr Bank Corporation (NASDAQ:BMTC) has “Buy” rating given on Tuesday, October 3 by Keefe Bruyette & Woods. The firm has “Market Perform” rating by FIG Partners given on Tuesday, January 10. The stock of Bryn Mawr Bank Corporation (NASDAQ:BMTC) has “Buy” rating given on Thursday, December 21 by Keefe Bruyette & Woods. The stock of Bryn Mawr Bank Corporation (NASDAQ:BMTC) has “Buy” rating given on Thursday, April 19 by Keefe Bruyette & Woods. Keefe Bruyette & Woods maintained Bryn Mawr Bank Corporation (NASDAQ:BMTC) on Monday, February 26 with “Buy” rating. Keefe Bruyette & Woods maintained Bryn Mawr Bank Corporation (NASDAQ:BMTC) rating on Monday, June 26. Keefe Bruyette & Woods has “Buy” rating and $4500 target. Boenning \u0026 Scattergood upgraded Bryn Mawr Bank Corporation (NASDAQ:BMTC) on Monday, July 24 to “Outperform” rating. The stock has “Buy” rating by Keefe Bruyette & Woods on Friday, October 20.

DiamondRock Hospitality Company (NYSE:DRH) Institutional Positions Chart

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