Invesco KBW Bank ETF (KBWB) Forms $55.21 Double Top; Bryn Mawr Bank (BMTC) Had 3 Analysts Last Week

Bryn Mawr Bank Corporation (NASDAQ:BMTC) Logo

Among 5 analysts covering Bryn Mawr Bank (NASDAQ:BMTC), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Bryn Mawr Bank has $5600 highest and $34 lowest target. $45’s average target is -6.93% below currents $48.35 stock price. Bryn Mawr Bank had 12 analyst reports since July 28, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Friday, October 20 report. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Monday, February 26. The company was maintained on Thursday, April 19 by Keefe Bruyette & Woods. The firm earned “Outperform” rating on Monday, July 24 by Boenning \u0026 Scattergood. Sandler O’Neill downgraded the shares of BMTC in report on Friday, June 8 to “Hold” rating. The firm earned “Market Perform” rating on Tuesday, January 10 by FIG Partners. The firm has “Sell” rating given on Monday, August 31 by Zacks. Keefe Bruyette & Woods maintained it with “Buy” rating and $47.0 target in Tuesday, October 3 report. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Thursday, December 21. Keefe Bruyette & Woods maintained the shares of BMTC in report on Friday, July 21 with “Buy” rating. See Bryn Mawr Bank Corporation (NASDAQ:BMTC) latest ratings:

08/06/2018 Broker: Sandler O’Neill Rating: Hold Downgrade
19/04/2018 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $56.0000 Maintain
26/02/2018 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $54.0 Maintain

Invesco KBW Bank ETF (KBWB) formed double top with $59.07 target or 7.00% above today’s $55.21 share price. Invesco KBW Bank ETF (KBWB) has $1.07B valuation. The ETF decreased 0.59% or $0.33 during the last trading session, reaching $55.21. About 3,302 shares traded. Invesco KBW Bank ETF (NASDAQ:KBWB) has risen 19.76% since June 21, 2017 and is uptrending. It has outperformed by 7.19% the S&P500.

More important recent Bryn Mawr Bank Corporation (NASDAQ:BMTC) news were published by: Nasdaq.com which released: “Bryn Mawr Trust Appoints Christopher P. McGill Market President, Philadelphia and Southern New Jersey” on June 12, 2018, also Seekingalpha.com published article titled: “Financial upgrades / downgrades”, Globenewswire.com published: “Research Report Identifies Bryn Mawr Bank, Whitestone REIT, Surgery Partners, PennantPark Floating Rate Capital …” on May 24, 2018. More interesting news about Bryn Mawr Bank Corporation (NASDAQ:BMTC) was released by: Investorplace.com and their article: “5 Top Stocks to Pull Through the June Swoon” with publication date: June 13, 2018.

Investors sentiment increased to 1.35 in Q1 2018. Its up 0.08, from 1.27 in 2017Q4. It increased, as 8 investors sold Bryn Mawr Bank Corporation shares while 38 reduced holdings. 17 funds opened positions while 45 raised stakes. 14.46 million shares or 1.04% more from 14.31 million shares in 2017Q4 were reported. Moreover, Matarin Capital Ltd Liability has 0% invested in Bryn Mawr Bank Corporation (NASDAQ:BMTC). Ativo Management Ltd Liability Co has 0.23% invested in Bryn Mawr Bank Corporation (NASDAQ:BMTC). Rhumbline Advisers owns 17,850 shares or 0% of their US portfolio. Moreover, Macquarie Limited has 0.03% invested in Bryn Mawr Bank Corporation (NASDAQ:BMTC) for 399,677 shares. Royal National Bank Of Canada invested 0% of its portfolio in Bryn Mawr Bank Corporation (NASDAQ:BMTC). 935,056 are owned by Franklin Resources. Clarivest Asset holds 0% or 4,621 shares in its portfolio. Fj Cap Management Ltd Liability Corporation holds 0.78% of its portfolio in Bryn Mawr Bank Corporation (NASDAQ:BMTC) for 169,300 shares. 1,427 are owned by Ameritas Prns. Loomis Sayles And Lp holds 0.04% or 391,216 shares in its portfolio. Manufacturers Life Ins The stated it has 0.03% in Bryn Mawr Bank Corporation (NASDAQ:BMTC). Steinberg Glob Asset Management holds 10,200 shares. Alliancebernstein L P owns 19,080 shares. Principal Grp Incorporated invested in 6,335 shares or 0% of the stock. Nuveen Asset Management Lc accumulated 27,423 shares.

Since February 5, 2018, it had 2 buys, and 2 insider sales for $144,799 activity. Clement Michael Joseph also bought $122,763 worth of Bryn Mawr Bank Corporation (NASDAQ:BMTC) on Thursday, February 8. The insider HOLLAND WENDELL F sold 3,500 shares worth $157,620. Calderin Diego F. also bought $45,993 worth of Bryn Mawr Bank Corporation (NASDAQ:BMTC) on Monday, February 5. Jenkins Scott Mahaley also sold $155,935 worth of Bryn Mawr Bank Corporation (NASDAQ:BMTC) shares.

Bryn Mawr Bank Corporation (NASDAQ:BMTC) Institutional Positions Chart