Cadence Bancorporation (CADE) At $26.60 Forms Top; Tcp Capital (TCPC) Shorts Decreased By 13.16%

Cadence Bancorporation (CADE) formed multiple top with $28.20 target or 6.00% above today’s $26.60 share price. Cadence Bancorporation (CADE) has $2.22 billion valuation. The stock increased 0.38% or $0.1 during the last trading session, reaching $26.6. About 20,719 shares traded. Cadence Bancorporation (NYSE:CADE) has 0.00% since April 3, 2017 and is . It has underperformed by 11.55% the S&P500.

Tcp Capital Corp (NASDAQ:TCPC) had a decrease of 13.16% in short interest. TCPC’s SI was 269,200 shares in April as released by FINRA. Its down 13.16% from 310,000 shares previously. With 173,700 avg volume, 2 days are for Tcp Capital Corp (NASDAQ:TCPC)’s short sellers to cover TCPC’s short positions. The stock increased 0.21% or $0.03 during the last trading session, reaching $14.14. About 17,695 shares traded. TCP Capital Corp. (NASDAQ:TCPC) has declined 17.80% since April 3, 2017 and is downtrending. It has underperformed by 29.35% the S&P500.

Among 5 analysts covering Cadence Bancorp (NYSE:CADE), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Cadence Bancorp has $28.0 highest and $25.0 lowest target. $26’s average target is -2.26% below currents $26.6 stock price. Cadence Bancorp had 8 analyst reports since May 31, 2017 according to SRatingsIntel. The rating was maintained by Stephens on Thursday, July 27 with “Buy”. The stock has “Hold” rating by Keefe Bruyette & Woods on Tuesday, October 3. RBC Capital Markets maintained the stock with “Buy” rating in Wednesday, October 25 report. The rating was maintained by Robert W. Baird on Thursday, August 31 with “Buy”. The rating was maintained by Keefe Bruyette & Woods on Monday, August 28 with “Hold”.

Analysts await Cadence Bancorporation (NYSE:CADE) to report earnings on May, 14. They expect $0.45 EPS, up 28.57% or $0.10 from last year’s $0.35 per share. CADE’s profit will be $37.62 million for 14.78 P/E if the $0.45 EPS becomes a reality. After $0.39 actual EPS reported by Cadence Bancorporation for the previous quarter, Wall Street now forecasts 15.38% EPS growth.

Among 7 analysts covering TCP Capital (NASDAQ:TCPC), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. TCP Capital had 16 analyst reports since August 7, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Sunday, July 23 report. The stock of TCP Capital Corp. (NASDAQ:TCPC) earned “Market Outperform” rating by JMP Securities on Thursday, March 1. The firm earned “Hold” rating on Saturday, August 22 by Deutsche Bank. Oppenheimer maintained it with “Buy” rating and $1700 target in Thursday, August 3 report. The stock of TCP Capital Corp. (NASDAQ:TCPC) has “Outperform” rating given on Wednesday, February 28 by Wells Fargo. Citigroup maintained TCP Capital Corp. (NASDAQ:TCPC) on Wednesday, August 17 with “Neutral” rating. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Wednesday, May 31 report. The stock has “Buy” rating by Deutsche Bank on Thursday, May 11. The firm has “Buy” rating by Keefe Bruyette & Woods given on Thursday, October 5. On Wednesday, August 10 the stock rating was maintained by Deutsche Bank with “Hold”.

Since January 30, 2018, it had 7 insider purchases, and 0 sales for $486,770 activity. Another trade for 9,000 shares valued at $137,464 was made by LEVKOWITZ HOWARD on Tuesday, January 30. $14,230 worth of TCP Capital Corp. (NASDAQ:TCPC) was bought by DRAUT ERIC JOHN. The insider Vig Rajneesh bought $75,322. HOLDSWORTH MARK had bought 5,000 shares worth $73,039. Shares for $76,300 were bought by Wruble Brian F. The insider CORBET KATHLEEN A bought $38,042.

TCP Capital Corp. (NASDAQ:TCPC) Institutional Positions Chart