Does Beneficial Bancorp Incorporated (NASDAQ:BNCL) Have Gas After Even Less Sellers Involved?

June 19, 2017 - By Hazel Jackson

 Does Beneficial Bancorp Incorporated (NASDAQ:BNCL) Have Gas After Even Less Sellers Involved?

Investors sentiment increased to 1.05 in Q4 2016. Its up 0.05, from 1 in 2016Q3. It increased, as 9 investors sold Beneficial Bancorp, Inc. shares while 49 reduced holdings. 22 funds opened positions while 39 raised stakes. 51.47 million shares or 1.19% more from 50.86 million shares in 2016Q3 were reported.
Federated Investors Pa has invested 0% in Beneficial Bancorp, Inc. (NASDAQ:BNCL). Moreover, Pacad Inv Limited has 0% invested in Beneficial Bancorp, Inc. (NASDAQ:BNCL). Anchor Capital Advsr Limited Liability Co accumulated 113,386 shares. Barclays Public Limited Com holds 1,082 shares or 0% of its portfolio. Aristotle Boston Ltd Liability reported 0.12% stake. California-based Wells Fargo & Mn has invested 0% in Beneficial Bancorp, Inc. (NASDAQ:BNCL). Blackrock Inv Mngmt Ltd holds 0.01% of its portfolio in Beneficial Bancorp, Inc. (NASDAQ:BNCL) for 288,276 shares. Bridgeway Capital has invested 0.04% of its portfolio in Beneficial Bancorp, Inc. (NASDAQ:BNCL). Goldman Sachs Group has 207,320 shares for 0% of their portfolio. Massachusetts-based Acadian Asset Ltd Liability Corporation has invested 0.11% in Beneficial Bancorp, Inc. (NASDAQ:BNCL). Clearbridge Limited Co has 0.28% invested in Beneficial Bancorp, Inc. (NASDAQ:BNCL) for 661,960 shares. Metropolitan Life Insurance Company holds 0.01% or 46,887 shares. Rothschild Asset Mgmt Incorporated has 0.04% invested in Beneficial Bancorp, Inc. (NASDAQ:BNCL). Oppenheimer Close Limited Liability Company owns 209,164 shares. Delta Asset Mgmt Ltd Liability Company Tn holds 0% or 1,000 shares.

The stock of Beneficial Bancorp Incorporated (NASDAQ:BNCL) registered a decrease of 4.7% in short interest. BNCL’s total short interest was 1.84M shares in June as published by FINRA. Its down 4.7% from 1.93M shares, reported previously. With 176,400 shares average volume, it will take short sellers 10 days to cover their BNCL’s short positions. The short interest to Beneficial Bancorp Incorporated’s float is 2.66%.

It closed at $15.4 lastly. It is down 7.83% since June 19, 2016 and is uptrending. It has underperformed by 8.87% the S&P500.

Beneficial Bancorp, Inc. (NASDAQ:BNCL) Ratings Coverage

Among 2 analysts covering Beneficial Mutual Bancorp (NASDAQ:BNCL), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Beneficial Mutual Bancorp had 3 analyst reports since October 27, 2015 according to SRatingsIntel. Sandler O’Neill downgraded Beneficial Bancorp, Inc. (NASDAQ:BNCL) on Monday, April 25 to “Hold” rating. The stock has “Hold” rating by Keefe Bruyette & Woods on Thursday, June 1.

More news for Beneficial Bancorp, Inc. (NASDAQ:BNCL) were recently published by: Streetinsider.com, which released: “Form 8-K Beneficial Bancorp Inc. For: May 16” on May 16, 2017. Globenewswire.com‘s article titled: “Beneficial Bancorp Closes Conestoga Bancorp Merger April 15” and published on April 15, 2016 is yet another important article.

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