TriState Capital Holdings (TSC) Given Media Impact Score of 0.17
Media coverage about TriState Capital Holdings (NASDAQ:TSC) has been trending somewhat positive on Saturday, Accern Sentiment reports. Accern scores the sentiment of press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. TriState Capital Holdings earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave media stories about the financial services provider an impact score of 46.4042450858451 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the news articles that may have impacted Accern’s analysis:
- Stock Yards Bancorp (SYBT) versus TriState Capital Holdings (TSC) Head-To-Head Review (americanbankingnews.com)
- TriState Capital Holdings, Inc. (TSC) Upgraded at BidaskClub (americanbankingnews.com)
- TriState Capital Holdings, Inc. (TSC) Expected to Post Quarterly Sales of $36.41 Million (americanbankingnews.com)
- TriState Capital Holdings, Inc. (TSC) Given Consensus Rating of “Hold” by Analysts (americanbankingnews.com)
Shares of TriState Capital Holdings (NASDAQ TSC) remained flat at $22.90 during midday trading on Friday. The stock had a trading volume of 128,151 shares. The company has a market cap of $656.43 million, a PE ratio of 20.65 and a beta of 0.30. The firm has a 50 day moving average price of $21.47 and a 200-day moving average price of $23.40. TriState Capital Holdings has a 52-week low of $15.46 and a 52-week high of $26.30.
TriState Capital Holdings (NASDAQ:TSC) last released its quarterly earnings data on Wednesday, July 19th. The financial services provider reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.01. The firm had revenue of $33.75 million during the quarter, compared to analysts’ expectations of $35.27 million. TriState Capital Holdings had a return on equity of 8.98% and a net margin of 19.80%. Equities analysts anticipate that TriState Capital Holdings will post $1.19 earnings per share for the current year.
Several research firms recently weighed in on TSC. BidaskClub upgraded TriState Capital Holdings from a “sell” rating to a “hold” rating in a research report on Thursday. Zacks Investment Research downgraded TriState Capital Holdings from a “hold” rating to a “sell” rating in a research report on Wednesday, September 20th. Keefe, Bruyette & Woods reiterated a “buy” rating and set a $28.00 target price on shares of TriState Capital Holdings in a research report on Tuesday, August 22nd. ValuEngine upgraded TriState Capital Holdings from a “hold” rating to a “buy” rating in a research report on Thursday, July 20th. Finally, Stephens reiterated a “buy” rating and set a $30.00 target price on shares of TriState Capital Holdings in a research report on Thursday, July 20th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $28.40.
In other news, insider Brian S. Fetterolf acquired 1,560 shares of TriState Capital Holdings stock in a transaction that occurred on Thursday, August 17th. The stock was purchased at an average price of $21.54 per share, with a total value of $33,602.40. Following the completion of the transaction, the insider now owns 85,090 shares in the company, valued at $1,832,838.60. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Brian S. Fetterolf acquired 3,250 shares of TriState Capital Holdings stock in a transaction that occurred on Friday, August 11th. The shares were purchased at an average cost of $21.83 per share, with a total value of $70,947.50. Following the transaction, the insider now owns 85,090 shares of the company’s stock, valued at approximately $1,857,514.70. The disclosure for this purchase can be found here. 23.40% of the stock is currently owned by company insiders.
TriState Capital Holdings Company Profile
TriState Capital Holdings, Inc is a bank holding company. The Company’s subsidiaries include TriState Capital Bank (the Bank), a Pennsylvania chartered bank; Chartwell Investment Partners, LLC (Chartwell), an investment advisor, and Chartwell TSC Securities Corp. (CTSC Securities). The Company operates through two segments: Bank and Investment Management.
Receive News & Ratings for TriState Capital Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TriState Capital Holdings Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.