Analysts See $0.59 EPS for Community Bank System, Inc. (CBU)

June 19, 2017 - By Richard Conner

 Analysts See $0.59 EPS for Community Bank System, Inc. (CBU)
Investors sentiment decreased to 1.27 in Q4 2016. Its down 0.33, from 1.6 in 2016Q3. It dropped, as 7 investors sold Community Bank System, Inc. shares while 53 reduced holdings. 25 funds opened positions while 51 raised stakes. 30.18 million shares or 4.02% more from 29.02 million shares in 2016Q3 were reported.
Morgan Stanley invested 0.01% in Community Bank System, Inc. (NYSE:CBU). Credit Suisse Ag reported 51,795 shares. Vanguard Group reported 4.15M shares or 0.01% of all its holdings. New York-based M&R Cap Mgmt Incorporated has invested 0.02% in Community Bank System, Inc. (NYSE:CBU). Victory Capital Mngmt reported 2,896 shares. Goldman Sachs Group invested in 0.02% or 1.21M shares. Whittier Of Nevada Inc holds 700 shares. Arizona State Retirement reported 22,884 shares. Envestnet Asset Mngmt Inc holds 1,156 shares. Blackrock holds 10,944 shares or 0% of its portfolio. The Illinois-based Chicago Equity Prtn Ltd Limited Liability Company has invested 0.09% in Community Bank System, Inc. (NYSE:CBU). Blackrock Gru, United Kingdom-based fund reported 95,158 shares. Strs Ohio owns 0% invested in Community Bank System, Inc. (NYSE:CBU) for 3,600 shares. State Street invested in 0.01% or 1.15 million shares. Glg Prtn Lp stated it has 9,579 shares.

Since December 27, 2016, it had 0 buys, and 6 sales for $1.91 million activity. Shares for $62,000 were sold by DICERBO NICHOLAS A. Another trade for 5,000 shares valued at $307,800 was sold by Parente John. Kingsley Scott Allen had sold 5,435 shares worth $335,654. GABRIEL JAMES A had sold 12,883 shares worth $795,326 on Thursday, January 26. $173,884 worth of Community Bank System, Inc. (NYSE:CBU) was sold by Mucenski Edward S. on Monday, June 12. On Thursday, February 16 Whipple John F. sold $230,881 worth of Community Bank System, Inc. (NYSE:CBU) or 3,850 shares.

Analysts await Community Bank System, Inc. (NYSE:CBU) to report earnings on July, 19. They expect $0.59 earnings per share, up 1.72 % or $0.01 from last year’s $0.58 per share. CBU’s profit will be $26.78M for 24.09 P/E if the $0.59 EPS becomes a reality. After $0.64 actual earnings per share reported by Community Bank System, Inc. for the previous quarter, Wall Street now forecasts -7.81 % negative EPS growth. About 38,175 shares traded. Community Bank System, Inc. (NYSE:CBU) has risen 36.75% since June 19, 2016 and is uptrending. It has outperformed by 20.05% the S&P500.

Community Bank System, Inc. (NYSE:CBU) Ratings Coverage

Among 7 analysts covering Community Bank Systems (NYSE:CBU), 0 have Buy rating, 1 Sell and 6 Hold. Therefore 0 are positive. Community Bank Systems had 11 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Hold” rating by Zacks on Tuesday, September 22. The rating was maintained by RBC Capital Markets with “Sector Perform” on Tuesday, December 8. The stock of Community Bank System, Inc. (NYSE:CBU) has “Hold” rating given on Friday, July 22 by Sandler O’Neill. The firm has “Market Perform” rating given on Tuesday, October 25 by Hovde Group. On Thursday, January 7 the stock rating was initiated by Piper Jaffray with “Neutral”. The company was maintained on Friday, January 22 by RBC Capital Markets. The rating was downgraded by Sandler O’Neill on Thursday, January 12 to “Sell”. Sandler O’Neill upgraded the shares of CBU in report on Friday, January 22 to “Buy” rating.

Community Bank System, Inc. is a bank holding company. The company has market cap of $2.58 billion. The Firm owns two subsidiaries: Community Bank, N.A. and Benefit Plans Administrative Services, Inc. (BPAS). It has a 24.31 P/E ratio. It operates in three divisions: banking, employee benefit services, and All Other.

More important recent Community Bank System, Inc. (NYSE:CBU) news were published by: Nasdaq.com which released: “Community Bank System, Inc. (CBU) Ex-Dividend Date Scheduled for June 13, 2017” on June 12, 2017, also Masslive.com published article titled: “Nuvo Bank in Springfield’s Tower Square changes name to Community Bank”, Businesswire.com published: “Community Bank System, Inc. Completes Merger with Merchants Bancshares, Inc.” on May 12, 2017. More interesting news about Community Bank System, Inc. (NYSE:CBU) was released by: Seekingalpha.com and their article: “Community Bank System’s (CBU) CEO Mark Tryniski on Q4 2016 Results – Earnings …” with publication date: January 23, 2017.

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