Bowling Portfolio Management Trimmed Customers Bancorp (CUBI) Holding; GROWLIFE (PHOT) Shorts Raised By 53800%

April 19, 2018 - By Vivian Currie

GrowLife, Inc. (OTCMKTS:PHOT) Logo

GROWLIFE INC (OTCMKTS:PHOT) had an increase of 53800% in short interest. PHOT’s SI was 53,900 shares in April as released by FINRA. Its up 53800% from 100 shares previously. The stock increased 4.55% or $0.0008 during the last trading session, reaching $0.0184. About shares traded. GrowLife, Inc. (OTCMKTS:PHOT) has 0.00% since April 19, 2017 and is . It has underperformed by 11.55% the S&P500.

Bowling Portfolio Management Llc decreased Customers Bancorp Inc (CUBI) stake by 35.23% reported in 2017Q4 SEC filing. Bowling Portfolio Management Llc sold 17,049 shares as Customers Bancorp Inc (CUBI)’s stock rose 9.56%. The Bowling Portfolio Management Llc holds 31,338 shares with $814,000 value, down from 48,387 last quarter. Customers Bancorp Inc now has $915.36M valuation. The stock decreased 0.55% or $0.16 during the last trading session, reaching $29.09. About 94,758 shares traded. Customers Bancorp, Inc. (NYSE:CUBI) has declined 4.56% since April 19, 2017 and is downtrending. It has underperformed by 16.11% the S&P500.

GrowLife, Inc. provides farming soil, hydroponics equipment, organic plant nutrients, and other products to specialty grow activities in the United States. The company has market cap of $53.61 million. The firm distributes and sells its products through its e-commerce distribution channel, GrowLifeEco.com, as well as retail storefronts. It currently has negative earnings.

Investors sentiment decreased to 0 in Q4 2017. Its down 0.50, from 0.5 in 2017Q3. It fall, as 1 investors sold GrowLife, Inc. shares while 0 reduced holdings. 0 funds opened positions while 0 raised stakes. 502,420 shares or 2.90% less from 517,420 shares in 2017Q3 were reported. Green Square Llc holds 17,970 shares or 0% of its portfolio. Stonebridge Capital Mgmt Inc owns 0% invested in GrowLife, Inc. (OTCMKTS:PHOT) for 25,000 shares. Frontier Inv Co has invested 0% in GrowLife, Inc. (OTCMKTS:PHOT). Oarsman Cap Incorporated holds 0% or 147,400 shares. Franklin Street Advisors Inc Nc accumulated 15,000 shares. Exchange owns 150,000 shares or 0% of their US portfolio.

Among 8 analysts covering Customers Bancorp (NYSE:CUBI), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Customers Bancorp had 28 analyst reports since October 30, 2015 according to SRatingsIntel. Maxim Group maintained the stock with “Buy” rating in Thursday, October 26 report. The rating was maintained by Keefe Bruyette & Woods on Wednesday, May 31 with “Hold”. The stock of Customers Bancorp, Inc. (NYSE:CUBI) earned “Outperform” rating by FBR Capital on Friday, October 30. The firm earned “Buy” rating on Thursday, July 27 by Boenning & Scattergood. Maxim Group maintained the stock with “Buy” rating in Friday, October 20 report. As per Friday, April 28, the company rating was maintained by Wood. FBR Capital maintained it with “Outperform” rating and $40 target in Thursday, December 8 report. On Friday, January 26 the stock rating was maintained by Sandler O’Neill with “Hold”. The stock of Customers Bancorp, Inc. (NYSE:CUBI) has “Hold” rating given on Thursday, January 25 by Keefe Bruyette & Woods. The company was maintained on Friday, July 28 by Maxim Group.

Investors sentiment decreased to 0.92 in 2017 Q4. Its down 0.26, from 1.18 in 2017Q3. It fall, as 16 investors sold CUBI shares while 61 reduced holdings. 22 funds opened positions while 49 raised stakes. 23.85 million shares or 7.90% less from 25.90 million shares in 2017Q3 were reported. Sterling Cap Mgmt Lc reported 36,260 shares. Howe & Rusling reported 80 shares. Tiaa Cref Investment Mngmt holds 0% of its portfolio in Customers Bancorp, Inc. (NYSE:CUBI) for 266,722 shares. Ellington Mgmt Grp Incorporated reported 12,800 shares. Neuberger Berman Group Lc holds 13,044 shares. Legal And General Group Inc Plc has invested 0% in Customers Bancorp, Inc. (NYSE:CUBI). Arizona State Retirement invested in 48,642 shares. Clarivest Asset Mngmt Ltd reported 0.07% in Customers Bancorp, Inc. (NYSE:CUBI). Blackrock has 0% invested in Customers Bancorp, Inc. (NYSE:CUBI). Credit Suisse Ag has invested 0% in Customers Bancorp, Inc. (NYSE:CUBI). Ls Invest Ltd Limited Liability Company holds 0% of its portfolio in Customers Bancorp, Inc. (NYSE:CUBI) for 777 shares. 5,614 are owned by Sageworth Trust Com. Citigroup reported 116,527 shares. 932 were reported by Atlantic Tru Limited Com. New Jersey-based Systematic Mngmt Lp has invested 0.03% in Customers Bancorp, Inc. (NYSE:CUBI).

Bowling Portfolio Management Llc increased Benchmark Electrs Inc (NYSE:BHE) stake by 21,859 shares to 31,868 valued at $927,000 in 2017Q4. It also upped Merck & Co Inc (NYSE:MRK) stake by 9,652 shares and now owns 105,711 shares. Firstenergy Corp (NYSE:FE) was raised too.

Analysts await Customers Bancorp, Inc. (NYSE:CUBI) to report earnings on April, 30 before the open. They expect $0.56 earnings per share, down 21.13% or $0.15 from last year’s $0.71 per share. CUBI’s profit will be $17.62M for 12.99 P/E if the $0.56 EPS becomes a reality. After $0.55 actual earnings per share reported by Customers Bancorp, Inc. for the previous quarter, Wall Street now forecasts 1.82% EPS growth.

Customers Bancorp, Inc. (NYSE:CUBI) Institutional Positions Chart

Echostar Corporation-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

Free Newsletter

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


>