Seacoast Banking Corp of FloridaSBCF
About: Seacoast Banking Corp of Florida is a holding company for Seacoast National Bank. The Company provides integrated financial services including commercial and consumer banking, wealth management, and mortgage and insurance services to customers across Florida, and through mobile and online banking solutions. In addition, it provides services such as treasury management, brokerage, and credit facilities.
Employees: 1,541
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
1% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 79
1.53% less ownership
Funds ownership: 84.29% [Q1] → 82.76% (-1.53%) [Q2]
4% less funds holding
Funds holding: 238 [Q1] → 228 (-10) [Q2]
9% less capital invested
Capital invested by funds: $1.82B [Q1] → $1.66B (-$156M) [Q2]
29% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 35
33% less funds holding in top 10
Funds holding in top 10: 3 [Q1] → 2 (-1) [Q2]
85% less call options, than puts
Call options by funds: $9K | Put options by funds: $61K
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Keefe, Bruyette & Woods Wood Lay 71% 1-year accuracy 15 / 21 met price target | 11%upside $31 | Outperform Maintained | 21 Aug 2024 |
Truist Securities Brandon King 100% 1-year accuracy 58 / 58 met price target | 8%upside $30 | Hold Maintained | 29 Jul 2024 |
Keefe, Bruyette & Woods Wood Lay 71% 1-year accuracy 15 / 21 met price target | 11%upside $31 | Outperform Maintained | 29 Jul 2024 |
Financial journalist opinion
Based on 3 articles about SBCF published over the past 30 days