Analysts at Sandler O’Neill Kept the Same their “Buy” rating for Oriental Financial Group (OFG) with $15.5000 Target; Gannett CO (GCI) Shorts Increased By 11.11%

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The broker have set target price per share of $15.5000 on Oriental Financial Group (NYSE:OFG) shares. This is 19.69% from the last close price. In a report revealed to investors on Friday morning, Sandler O’Neill reaffirmed their “Buy” rating on shares of OFG.

Gannett CO Inc (NYSE:GCI) had an increase of 11.11% in short interest. GCI’s SI was 14.32M shares in April as released by FINRA. Its up 11.11% from 12.89M shares previously. With 1.10 million avg volume, 13 days are for Gannett CO Inc (NYSE:GCI)’s short sellers to cover GCI’s short positions. The SI to Gannett CO Inc’s float is 13.8%. The stock decreased 0.10% or $0.01 during the last trading session, reaching $9.72. About 1.22M shares traded. Gannett Co., Inc. (NYSE:GCI) has risen 22.58% since April 21, 2017 and is uptrending. It has outperformed by 11.03% the S&P500.

The stock increased 9.75% or $1.15 during the last trading session, reaching $12.95. About 510,828 shares traded or 80.46% up from the average. OFG Bancorp (NYSE:OFG) has declined 4.07% since April 21, 2017 and is downtrending. It has underperformed by 15.62% the S&P500.

OFG Bancorp, a financial holding company, provides various banking and financial services primarily in Puerto Rico. The company has market cap of $569.39 million. It operates in three divisions: Banking, Wealth Management, and Treasury. It has a 14.72 P/E ratio. The firm offers checking and savings accounts, as well as time deposit products; mortgage, commercial, consumer, and auto lending products; financial planning, insurance, financial service, and investment brokerage; and corporate and individual trust, and retirement services.

Among 7 analysts covering Oriental Financial Group Inc (NYSE:OFG), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. Oriental Financial Group Inc has $15 highest and $7.50 lowest target. $12.79’s average target is -1.24% below currents $12.95 stock price. Oriental Financial Group Inc had 17 analyst reports since July 27, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Friday, July 21 by Piper Jaffray. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Friday, May 26 report. The rating was maintained by Sandler O’Neill with “Buy” on Monday, March 5. Piper Jaffray maintained the shares of OFG in report on Wednesday, January 31 with “Hold” rating. The company was upgraded on Monday, July 27 by Guggenheim. The firm has “Hold” rating by Keefe Bruyette & Woods given on Wednesday, September 6. The firm earned “Hold” rating on Tuesday, February 27 by Piper Jaffray. The rating was initiated by Piper Jaffray on Friday, April 8 with “Neutral”. The rating was maintained by Keefe Bruyette & Woods on Wednesday, June 28 with “Hold”. The rating was upgraded by Keefe Bruyette & Woods on Tuesday, November 28 to “Buy”.

Investors sentiment decreased to 1.05 in 2017 Q4. Its down 0.04, from 1.09 in 2017Q3. It is negative, as 15 investors sold OFG Bancorp shares while 47 reduced holdings. 22 funds opened positions while 43 raised stakes. 39.29 million shares or 1.02% less from 39.70 million shares in 2017Q3 were reported. Parallax Volatility Advisers Ltd Partnership has 0% invested in OFG Bancorp (NYSE:OFG) for 6,846 shares. National Bank & Trust Of Ny Mellon has 638,079 shares. Pnc Service reported 1,989 shares stake. Moreover, Teacher Retirement System Of Texas has 0% invested in OFG Bancorp (NYSE:OFG). Ahl Prns Llp reported 15,212 shares stake. Swiss Savings Bank has 0% invested in OFG Bancorp (NYSE:OFG) for 76,600 shares. Jpmorgan Chase has invested 0% of its portfolio in OFG Bancorp (NYSE:OFG). Alpine Woods Capital Invsts Limited Com, New York-based fund reported 27,000 shares. Moreover, Bankshares Of Montreal Can has 0% invested in OFG Bancorp (NYSE:OFG). 74,900 are owned by Strs Ohio. Tiaa Cref Mngmt Ltd Limited Liability Company has 212,291 shares. Parkside Fincl Bank Tru owns 0% invested in OFG Bancorp (NYSE:OFG) for 46 shares. Susquehanna Group Llp invested 0% of its portfolio in OFG Bancorp (NYSE:OFG). New York State Common Retirement Fund accumulated 0% or 97,929 shares. Bnp Paribas Arbitrage Sa invested 0% of its portfolio in OFG Bancorp (NYSE:OFG).

Investors sentiment Infinity in Q4 2017. Its in 2017Q3. It [12345], as 0 investors sold Gannett Co., Inc. shares while 0 reduced holdings. 0 funds opened positions while 1 raised stakes. 26,430 shares or 3.93% more from 25,430 shares in 2017Q3 were reported. Gemmer Asset Management Lc holds 0% or 930 shares in its portfolio. Marshwinds Advisory holds 0.08% or 12,285 shares.

Gannett Co., Inc. operates as a news and information company. The company has market cap of $1.10 billion. The firm operates through Publishing and ReachLocal divisions. It has a 162 P/E ratio. The firm offers approximately print and digital daily and non-daily publications under the USA TODAY brand name in the United States; and Newsquest, which has print and online publications portfolio of approximately 165 news brands and 55 magazines in the United Kingdom.

Since March 7, 2018, it had 0 insider buys, and 3 selling transactions for $352,892 activity. $39,989 worth of Gannett Co., Inc. (NYSE:GCI) shares were sold by Trelstad Lynn B.. McCune Scott K sold $157,224 worth of stock. Shapiro Neal sold $155,679 worth of Gannett Co., Inc. (NYSE:GCI) on Friday, March 16.

Among 6 analysts covering Gannett (NYSE:GCI), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. Gannett had 11 analyst reports since September 1, 2015 according to SRatingsIntel. The stock of Gannett Co., Inc. (NYSE:GCI) has “Hold” rating given on Monday, February 13 by Argus Research. The firm earned “Hold” rating on Tuesday, September 1 by Zacks. The firm has “Buy” rating by Cantor Fitzgerald given on Wednesday, October 7. The firm has “Neutral” rating by JP Morgan given on Monday, November 2. As per Thursday, November 5, the company rating was upgraded by Argus Research. The stock has “Hold” rating by Argus Research on Tuesday, September 8. Noble Financial maintained Gannett Co., Inc. (NYSE:GCI) on Wednesday, November 2 with “Buy” rating. The firm earned “Hold” rating on Monday, July 11 by Jefferies. The firm has “Hold” rating given on Friday, September 4 by Argus Research. The firm earned “Hold” rating on Monday, October 10 by .

OFG Bancorp (NYSE:OFG) Institutional Positions Chart