Meridian Bancorp, Inc. (EBSB) Trades at $19.80 After Triangle; Ubiquiti Networks (UBNT) Sentiment Is 0.59

Ubiquiti Networks, Inc. (NASDAQ:UBNT) Logo

Meridian Bancorp, Inc. (EBSB) formed triangle with $20.39 target or 3.00% above today’s $19.80 share price. Meridian Bancorp, Inc. (EBSB) has $964.97 million valuation. The stock decreased 1.25% or $0.25 during the last trading session, reaching $19.8. About 230,226 shares traded. Meridian Bancorp, Inc. (NASDAQ:EBSB) has risen 9.34% since April 15, 2017 and is uptrending. It has underperformed by 2.21% the S&P500.

Ubiquiti Networks Inc (UBNT) investors sentiment decreased to 0.59 in Q4 2017. It’s down -0.63, from 1.22 in 2017Q3. The ratio fall, as 54 institutional investors increased and opened new holdings, while 91 trimmed and sold equity positions in Ubiquiti Networks Inc. The institutional investors in our database now own: 22.83 million shares, down from 25.51 million shares in 2017Q3. Also, the number of institutional investors holding Ubiquiti Networks Inc in top ten holdings was flat from 2 to 2 for the same number . Sold All: 31 Reduced: 60 Increased: 26 New Position: 28.

Investors sentiment decreased to 1.13 in Q4 2017. Its down 0.53, from 1.66 in 2017Q3. It fall, as 12 investors sold Meridian Bancorp, Inc. shares while 44 reduced holdings. 21 funds opened positions while 42 raised stakes. 35.32 million shares or 0.83% more from 35.02 million shares in 2017Q3 were reported. Nbw Cap Llc reported 0.52% of its portfolio in Meridian Bancorp, Inc. (NASDAQ:EBSB). Moreover, Federated Investors Pa has 0.01% invested in Meridian Bancorp, Inc. (NASDAQ:EBSB) for 120,660 shares. Principal Group accumulated 20,552 shares. Kessler Invest Group Ltd Company invested in 7,342 shares. 8,217 are held by Barclays Public Ltd Llc. Numeric Ltd Liability Company holds 0.06% or 383,636 shares in its portfolio. State Common Retirement Fund has 64,717 shares for 0% of their portfolio. Acadian Asset Mgmt Lc holds 299,638 shares. Rhumbline Advisers holds 0% or 46,295 shares. Tiaa Cref Inv Lc invested in 345,392 shares. Credit Suisse Ag holds 61,548 shares. Gsa Partners Ltd Liability Partnership has invested 0.03% of its portfolio in Meridian Bancorp, Inc. (NASDAQ:EBSB). 132,359 are owned by Matarin Capital Mngmt Ltd Co. Great West Life Assurance Com Can reported 7,142 shares. Alps holds 0% or 25,643 shares in its portfolio.

Analysts await Meridian Bancorp, Inc. (NASDAQ:EBSB) to report earnings on April, 24. They expect $0.25 EPS, up 38.89% or $0.07 from last year’s $0.18 per share. EBSB’s profit will be $12.18 million for 19.80 P/E if the $0.25 EPS becomes a reality. After $0.30 actual EPS reported by Meridian Bancorp, Inc. for the previous quarter, Wall Street now forecasts -16.67% negative EPS growth.

Among 4 analysts covering Meridian Interstate Bancorp (NASDAQ:EBSB), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Meridian Interstate Bancorp had 12 analyst reports since September 30, 2015 according to SRatingsIntel. The firm has “Neutral” rating by Compass Point given on Friday, November 18. The company was maintained on Wednesday, January 24 by Hovde Group. The stock has “Hold” rating by Keefe Bruyette & Woods on Thursday, August 31. On Wednesday, September 30 the stock rating was initiated by Hovde Group with “Market Perform”. The stock of Meridian Bancorp, Inc. (NASDAQ:EBSB) earned “Hold” rating by Keefe Bruyette & Woods on Thursday, December 21. The company was upgraded on Monday, June 26 by Compass Point. The stock of Meridian Bancorp, Inc. (NASDAQ:EBSB) earned “Hold” rating by Piper Jaffray on Tuesday, July 25. The company was maintained on Wednesday, January 24 by Keefe Bruyette & Woods. The firm earned “Hold” rating on Monday, February 26 by Keefe Bruyette & Woods. The firm earned “Hold” rating on Tuesday, October 31 by Piper Jaffray.

Edgepoint Investment Group Inc. holds 6.05% of its portfolio in Ubiquiti Networks, Inc. for 5.97 million shares. New Amsterdam Partners Llc Ny owns 201,008 shares or 2.85% of their US portfolio. Moreover, Lagoda Investment Management L.P. has 2.76% invested in the company for 101,873 shares. The Virginia-based Akre Capital Management Llc has invested 2.63% in the stock. Disciplined Growth Investors Inc Mn, a Minnesota-based fund reported 1.61 million shares.

Ratings analysis reveals 33% of Ubiquiti Networks’s analysts are positive. Out of 3 Wall Street analysts rating Ubiquiti Networks, 1 give it “Buy”, 1 “Sell” rating, while 1 recommend “Hold”. UBNT was included in 3 notes of analysts from October 21, 2016. The rating was upgraded by JMP Securities to “Mkt Perform” on Friday, October 21. The firm has “Buy” rating by Wunderlich given on Friday, November 4. The stock of Ubiquiti Networks, Inc. (NASDAQ:UBNT) has “Underperform” rating given on Friday, February 10 by Credit Suisse.

The stock increased 0.83% or $0.59 during the last trading session, reaching $71.78. About 137,548 shares traded. Ubiquiti Networks, Inc. (UBNT) has risen 36.38% since April 15, 2017 and is uptrending. It has outperformed by 24.83% the S&P500.

Ubiquiti Networks, Inc. (NASDAQ:UBNT) Institutional Positions Chart