ConnectOne Bancorp, Inc. (CNOB) Analysts See $0.40 EPS; Marco Investment Management Boosted Its Oracle (ORCL) Stake

January 15, 2018 - By wolcottdaily

Analysts expect ConnectOne Bancorp, Inc. (NASDAQ:CNOB) to report $0.40 EPS on January, 25.They anticipate $0.00 EPS change or 0.00% from last quarter’s $0.4 EPS. CNOB’s profit would be $12.81M giving it 17.81 P/E if the $0.40 EPS is correct. After having $0.46 EPS previously, ConnectOne Bancorp, Inc.’s analysts see -13.04% EPS growth. The stock decreased 0.35% or $0.1 during the last trading session, reaching $28.5. About 103,953 shares traded. ConnectOne Bancorp, Inc. (NASDAQ:CNOB) has risen 37.35% since January 15, 2017 and is uptrending. It has outperformed by 20.65% the S&P500.

Marco Investment Management Llc increased Oracle Corp (ORCL) stake by 7.78% reported in 2017Q3 SEC filing. Marco Investment Management Llc acquired 11,036 shares as Oracle Corp (ORCL)’s stock rose 5.35%. The Marco Investment Management Llc holds 152,968 shares with $7.40M value, up from 141,932 last quarter. Oracle Corp now has $204.95B valuation. The stock increased 1.14% or $0.56 during the last trading session, reaching $49.51. About 15.98M shares traded or 6.08% up from the average. Oracle Corporation (NYSE:ORCL) has risen 14.08% since January 15, 2017 and is uptrending. It has underperformed by 2.62% the S&P500.

ConnectOne Bancorp, Inc. operates as the bank holding firm for ConnectOne Bank that provides various banking services and products. The company has market cap of $912.44 million. The firm offers a range of deposit products, including personal and business checking accounts, retirement accounts, money market accounts, time and savings accounts, and NOW accounts. It has a 30.03 P/E ratio. It also provides personal and commercial business loans on a secured and unsecured basis; revolving lines of credit; commercial mortgage loans; residential mortgages on primary and secondary residences; home equity loans; bridge loans; and other personal purpose loans.

Among 5 analysts covering Connectone Bancorp (NASDAQ:CNOB), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Connectone Bancorp had 10 analyst reports since July 29, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained it with “Buy” rating and $37.0 target in Thursday, December 21 report. The firm has “Overweight” rating given on Monday, March 7 by Piper Jaffray. As per Thursday, November 17, the company rating was maintained by FBR Capital. The company was maintained on Wednesday, September 6 by Keefe Bruyette & Woods. The firm has “Buy” rating given on Tuesday, December 15 by Maxim Group. Keefe Bruyette & Woods maintained the shares of CNOB in report on Thursday, July 27 with “Buy” rating. As per Monday, December 19, the company rating was maintained by Maxim Group. As per Monday, August 10, the company rating was upgraded by Zacks.

Investors sentiment decreased to 1.57 in 2017 Q3. Its down 0.10, from 1.67 in 2017Q2. It fall, as 8 investors sold ConnectOne Bancorp, Inc. shares while 29 reduced holdings. 14 funds opened positions while 44 raised stakes. 21.22 million shares or 0.04% less from 21.23 million shares in 2017Q2 were reported. Fj Management Lc reported 225,000 shares. Indexiq Advsrs Limited Com holds 0.04% or 35,742 shares in its portfolio. Parametric Assoc Limited Liability Corp invested 0% in ConnectOne Bancorp, Inc. (NASDAQ:CNOB). Blackrock has invested 0% of its portfolio in ConnectOne Bancorp, Inc. (NASDAQ:CNOB). Pnc Svcs Group holds 0% or 12 shares. Eidelman Virant Cap invested 0.62% in ConnectOne Bancorp, Inc. (NASDAQ:CNOB). Citigroup reported 0% in ConnectOne Bancorp, Inc. (NASDAQ:CNOB). Rhumbline Advisers invested in 0% or 37,406 shares. Buckhead Cap Mgmt Ltd Liability holds 0.05% of its portfolio in ConnectOne Bancorp, Inc. (NASDAQ:CNOB) for 9,415 shares. Metropolitan Life Company Ny has invested 0% in ConnectOne Bancorp, Inc. (NASDAQ:CNOB). Virginia Retirement Et Al stated it has 0% in ConnectOne Bancorp, Inc. (NASDAQ:CNOB). Tiaa Cref Inv Mngmt Ltd accumulated 125,637 shares or 0% of the stock. Aqr Ltd Company reported 33,144 shares. Hennessy Advsrs, a California-based fund reported 250,000 shares. Alpine Woods Cap Investors Lc has 25,000 shares.

Among 38 analysts covering Oracle (NYSE:ORCL), 28 have Buy rating, 0 Sell and 10 Hold. Therefore 74% are positive. Oracle had 103 analyst reports since July 30, 2015 according to SRatingsIntel. The firm has “Buy” rating by Jefferies given on Friday, August 25. On Thursday, November 9 the stock rating was reinitiated by UBS with “Buy”. The firm earned “Buy” rating on Friday, April 28 by Benchmark. The stock of Oracle Corporation (NYSE:ORCL) has “Buy” rating given on Friday, September 15 by UBS. The firm earned “Buy” rating on Wednesday, January 6 by Evercore. The stock has “Outperform” rating by BMO Capital Markets on Friday, September 16. JP Morgan upgraded the shares of ORCL in report on Thursday, March 16 to “Overweight” rating. The rating was maintained by Jefferies on Tuesday, June 20 with “Buy”. BMO Capital Markets maintained it with “Outperform” rating and $55 target in Friday, December 15 report. The rating was initiated by BTIG Research with “Buy” on Thursday, September 10.

Marco Investment Management Llc decreased General Electric Co (NYSE:GE) stake by 86,533 shares to 315,859 valued at $7.64M in 2017Q3. It also reduced Realty Income Corp (NYSE:O) stake by 7,241 shares and now owns 53,575 shares. Nxp Semiconductors N V (NASDAQ:NXPI) was reduced too.

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