Patriot Financial Partners Gp LP Has Decreased Banc Of California INC (BANC) Stake by $11.56 Million

Investors sentiment increased to 1.3 in 2018 Q4. Its up 0.28, from 1.02 in 2018Q3. It increased, as 17 investors sold BANC shares while 44 reduced holdings. 25 funds opened positions while 54 raised stakes. 51.34 million shares or 6.39% less from 54.85 million shares in 2018Q3 were reported. Deutsche Bankshares Ag accumulated 0% or 275,589 shares. Royal Financial Bank Of Canada holds 0% or 715,028 shares. Moreover, Foundry Prns Limited Liability Company has 0.02% invested in Banc of California, Inc. (NYSE:BANC) for 22,445 shares. Trexquant Lp invested 0.02% in Banc of California, Inc. (NYSE:BANC). Mason Street Advisors Limited Co holds 0% in Banc of California, Inc. (NYSE:BANC) or 13,245 shares. State Board Of Administration Of Florida Retirement has 16,487 shares for 0% of their portfolio. Riverhead Cap Management Limited Liability Com holds 6,521 shares or 0% of its portfolio. Kennedy Cap holds 480,494 shares. State Of Tennessee Treasury Department owns 19,252 shares or 0% of their US portfolio. Moreover, State Street has 0% invested in Banc of California, Inc. (NYSE:BANC). Teachers Retirement Of The State Of Kentucky reported 9,170 shares stake. The Pennsylvania-based Vanguard Gp Inc has invested 0% in Banc of California, Inc. (NYSE:BANC). Bridgeway Cap Mgmt reported 233,000 shares. Pinebridge Lp stated it has 25,059 shares or 0.01% of all its holdings. Seidman Lawrence B reported 2.25% of its portfolio in Banc of California, Inc. (NYSE:BANC).

Since November 30, 2018, it had 1 insider purchase, and 1 sale for $29,093 activity. On Friday, November 30 WYCOFF W KIRK sold $2,127 worth of Banc of California, Inc. (NYSE:BANC) or 124 shares.

Patriot Financial Partners Gp Lp decreased its stake in Banc Of California Inc. (BANC) by 37.83% based on its latest 2018Q4 regulatory filing with the SEC. Patriot Financial Partners Gp Lp sold 889,211 shares as the company’s stock declined 1.20% while stock markets rallied. The hedge fund held 1.46M shares of the finance company at the end of 2018Q4, valued at $19.45 million, down from 2.35M at the end of the previous reported quarter. Patriot Financial Partners Gp Lp who had been investing in Banc Of California Inc. for a number of months, seems to be less bullish one the $705.72M market cap company. The stock decreased 1.21% or $0.17 during the last trading session, reaching $13.88. About 290,560 shares traded. Banc of California, Inc. (NYSE:BANC) has declined 12.88% since May 17, 2018 and is downtrending. It has underperformed by 17.25% the S&P500.

Patriot Financial Partners Gp Lp, which manages about $557.05M and $164.07M US Long portfolio, upped its stake in Origin Bancorp Inc. by 127,285 shares to 277,285 shares, valued at $9.45 million in 2018Q4, according to the filing.

Analysts await Banc of California, Inc. (NYSE:BANC) to report earnings on July, 25. They expect $0.20 EPS, up 25.00 % or $0.04 from last year’s $0.16 per share. BANC’s profit will be $10.17 million for 17.35 P/E if the $0.20 EPS becomes a reality. After $0.19 actual EPS reported by Banc of California, Inc. for the previous quarter, Wall Street now forecasts 5.26 % EPS growth.

More notable recent Banc of California, Inc. (NYSE:BANC) news were published by: Nasdaq.com which released: “Financial Sector Update for 04/23/2019: WAL,CIT,SNV,BANC – Nasdaq” on April 23, 2019, also Finance.Yahoo.com with their article: “What To Know Before Buying Associated Banc-Corp (NYSE:ASB) For Its Dividend – Yahoo Finance” published on May 15, 2019, Finance.Yahoo.com published: “Here’s What Hedge Funds Think About Nine Energy Service, Inc. (NINE) – Yahoo Finance” on May 09, 2019. More interesting news about Banc of California, Inc. (NYSE:BANC) were released by: Seekingalpha.com and their article: “Banc of California, Inc. (BANC) CEO Jared Wolff on Q1 2019 Results – Earnings Call Transcript – Seeking Alpha” published on April 23, 2019 as well as Finance.Yahoo.com‘s news article titled: “Here’s What Hedge Funds Think About SMART Global Holdings, Inc. (SGH) – Yahoo Finance” with publication date: May 09, 2019.

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