Banner (BANR) Reaches $57.67 Formed H&S; Investors Title Co Has 1.36 Sentiment

Investors Title Company, through its subsidiaries, provides title insurance for residential, institutional, commercial, and industrial properties. The company has market cap of $366.81 million. It underwrites land title insurance for owners and mortgagees as a primary insurer; and assumes the reinsurance of title insurance risks from other title insurance companies. It has a 14.34 P/E ratio. The firm also provides services in connection with tax-deferred real property exchange; serves as a qualified intermediary in like-kind exchanges of real or personal property; coordinates the exchange aspects of the real estate transaction; and performs duties, including drafting standard exchange documents, holding the exchange funds between the sale of the old property and the purchase of the new property, and accepting the formal identification of the replacement property.

Banner Corporation (BANR) formed H&S with $55.36 target or 4.00% below today’s $57.67 share price. Banner Corporation (BANR) has $1.89 billion valuation. The stock increased 1.35% or $0.77 during the last trading session, reaching $57.67. About 222,564 shares traded or 18.80% up from the average. Banner Corporation (NASDAQ:BANR) has risen 23.00% since March 11, 2017 and is uptrending. It has outperformed by 6.30% the S&P500.

Among 10 analysts covering Banner Corporation (NASDAQ:BANR), 3 have Buy rating, 0 Sell and 7 Hold. Therefore 30% are positive. Banner Corporation had 21 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was downgraded by Piper Jaffray on Thursday, October 26 to “Hold”. The firm has “Mkt Perform” rating given on Tuesday, October 11 by FBR Capital. The stock of Banner Corporation (NASDAQ:BANR) earned “Hold” rating by Stephens on Wednesday, September 13. On Friday, November 4 the stock rating was downgraded by FIG Partners to “Market Perform”. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Friday, May 26 report. The rating was maintained by Piper Jaffray with “Hold” on Friday, February 2. The stock of Banner Corporation (NASDAQ:BANR) has “Market Perform” rating given on Friday, October 23 by Keefe Bruyette & Woods. Keefe Bruyette & Woods maintained the shares of BANR in report on Thursday, December 21 with “Hold” rating. Keefe Bruyette & Woods maintained the shares of BANR in report on Friday, January 26 with “Hold” rating. The firm has “Neutral” rating given on Friday, October 27 by PiperJaffray.

Since September 14, 2017, it had 0 insider purchases, and 3 insider sales for $251,860 activity. The insider PURCELL CYNTHIA D sold 841 shares worth $45,974. BARTON RICHARD B sold 250 shares worth $14,163. The insider SIRMON GARY sold 3,335 shares worth $191,723.

Analysts await Banner Corporation (NASDAQ:BANR) to report earnings on April, 23. They expect $0.77 EPS, up 5.48% or $0.04 from last year’s $0.73 per share. BANR’s profit will be $25.19 million for 18.72 P/E if the $0.77 EPS becomes a reality. After $0.71 actual EPS reported by Banner Corporation for the previous quarter, Wall Street now forecasts 8.45% EPS growth.

Investors sentiment decreased to 1.13 in 2017 Q3. Its down 0.69, from 1.82 in 2017Q2. It dropped, as 12 investors sold Banner Corporation shares while 39 reduced holdings. 22 funds opened positions while 71 raised stakes. 29.46 million shares or 2.84% more from 28.64 million shares in 2017Q2 were reported. Glenmede Na holds 74 shares or 0% of its portfolio. State Board Of Administration Of Florida Retirement stated it has 26,890 shares or 0% of all its holdings. California Public Employees Retirement has 59,211 shares. Pnc Fin Services Grp reported 0% in Banner Corporation (NASDAQ:BANR). California-based Schwab Charles Invest Management Incorporated has invested 0.01% in Banner Corporation (NASDAQ:BANR). Price T Rowe Assoc Md has invested 0% in Banner Corporation (NASDAQ:BANR). Guggenheim Capital owns 5,129 shares or 0% of their US portfolio. Natixis has invested 0% in Banner Corporation (NASDAQ:BANR). Solaris Asset Mgmt Lc holds 0.04% or 1,225 shares. Public Sector Pension Invest Board reported 20,904 shares or 0.01% of all its holdings. Clarivest Asset Mngmt Limited Liability Co reported 0.01% in Banner Corporation (NASDAQ:BANR). Art Limited Company reported 23,100 shares. Cambiar Investors Ltd reported 206,351 shares. Goldman Sachs Group Inc holds 1.56M shares or 0.02% of its portfolio. Systematic Fin Mngmt Lp holds 0.03% in Banner Corporation (NASDAQ:BANR) or 28,030 shares.