Short Interest Worth Watching: Is Beneficial Bancorp Incorporated (NASDAQ:BNCL)’s Fuel Running High? Reports Show Less Sellers

November 28, 2016 - By Nellie Frank   ·   0 Comments

Short Interest Worth Watching: Is Beneficial Bancorp Incorporated (NASDAQ:BNCL)’s Fuel Running High? Reports Show Less Sellers

The stock of Beneficial Bancorp Incorporated (NASDAQ:BNCL) registered a decrease of 3.74% in short interest. BNCL’s total short interest was 1.54 million shares in November as published by FINRA. Its down 3.74% from 1.60M shares, reported previously. With 223,200 shares average volume, it will take short sellers 7 days to cover their BNCL’s short positions. The short interest to Beneficial Bancorp Incorporated’s float is 2.29%. The stock increased 0.58% or $0.1 on November 25, hitting $17.25. Beneficial Bancorp Inc (NASDAQ:BNCL) has risen 24.10% since April 25, 2016 and is uptrending. It has outperformed by 18.09% the S&P500.

Beneficial Bancorp, Inc. is a stock holding firm of Beneficial Bank . The company has a market cap of $1.31 billion. The Bank is a Pennsylvania chartered bank. It has a 56.84 P/E ratio. The Bank offers consumer and commercial banking services to individuals, businesses and nonprofit organizations through over 60 offices throughout the Philadelphia and Southern New Jersey area.

Insitutional Activity: The institutional sentiment decreased to 1 in Q2 2016. Its down 0.04, from 1.04 in 2016Q1. The ratio turned negative, as 9 funds sold all Beneficial Bancorp Inc shares owned while 44 reduced positions. 15 funds bought stakes while 40 increased positions. They now own 48.81 million shares or 9.70% less from 54.05 million shares in 2016Q1.
Adage Partners Group Ltd Liability Corp owns 1.43 million shares or 0.05% of their US portfolio. Moreover, Alliancebernstein L P has 0% invested in Beneficial Bancorp Inc (NASDAQ:BNCL) for 137,029 shares. Springbok Management Lc has invested 0.01% of its portfolio in Beneficial Bancorp Inc (NASDAQ:BNCL). Hudock Cap Lc holds 54 shares or 0% of its portfolio. Guggenheim Cap Limited Liability Co holds 0% of its portfolio in Beneficial Bancorp Inc (NASDAQ:BNCL) for 64,559 shares. Kcg Holding Incorporated has 0.01% invested in the company for 33,596 shares. Parametric Port Limited Liability Com has invested 0% of its portfolio in Beneficial Bancorp Inc (NASDAQ:BNCL). Cubist Systematic Strategies Ltd Liability Co has invested 0.04% of its portfolio in Beneficial Bancorp Inc (NASDAQ:BNCL). Hutchin Hill Limited Partnership reported 728,912 shares or 0.31% of all its holdings. Paloma Partners Mgmt Company holds 36,647 shares or 0.01% of its portfolio. California Public Employees Retirement System has 133,496 shares for 0% of their US portfolio. Babson Mngmt Limited Liability Corp holds 0.05% or 167,200 shares in its portfolio. Deutsche National Bank & Trust Ag holds 0% of its portfolio in Beneficial Bancorp Inc (NASDAQ:BNCL) for 328,687 shares. Moreover, Mark Sheptoff Planning Ltd Liability Corporation has 0.01% invested in Beneficial Bancorp Inc (NASDAQ:BNCL) for 650 shares. Jpmorgan Chase & has 1.94M shares for 0.01% of their US portfolio.

Beneficial Bancorp Inc (NASDAQ:BNCL) Ratings Coverage

Out of 2 analysts covering Beneficial Mutual Bancorp (NASDAQ:BNCL), 0 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 0 are positive. Beneficial Mutual Bancorp has been the topic of 2 analyst reports since October 27, 2015 according to StockzIntelligence Inc. The stock of Beneficial Bancorp Inc (NASDAQ:BNCL) earned “Hold” rating by Sandler O’Neill on Monday, April 25.

BNCL Company Profile

Beneficial Bancorp, Inc., incorporated on August 11, 2014, is a stock holding firm of Beneficial Bank (the Bank). The Bank is a Pennsylvania chartered bank. The Bank offers consumer and commercial banking services to individuals, businesses and nonprofit organizations through over 60 offices throughout the Philadelphia and Southern New Jersey area. The Firm offers traditional financial services to clients and businesses in its market areas. The Firm offers insurance brokerage and investment advisory services through its subsidiaries, Beneficial Insurance Services, LLC and Beneficial Advisors, LLC, respectively. The Firm operates over 30 full-service banking offices in Bucks, Chester, Delaware, Montgomery and Philadelphia Counties, Pennsylvania, and approximately 20 full-service banking offices in Burlington, Gloucester and Camden Counties, New Jersey. The Firm also operates a lending office in Montgomery County, Pennsylvania. In addition, Beneficial Insurance Services, LLC, operates an office in Delaware County, Pennsylvania, and provides property, causality, life, health and professional liability insurance to its customers.

More news for Beneficial Bancorp Inc (NASDAQ:BNCL) were recently published by: Globenewswire.com, which released: “Beneficial Bancorp, Inc. to Acquire Conestoga Bank” on October 22, 2015. Globenewswire.com‘s article titled: “Beneficial Bancorp, Inc. to Commence Second Step Conversion Stock Offering” and published on November 06, 2014 is yet another important article.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By Nellie Frank

Tags: , ,


Readers Comments (0)





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>