Mark Michael, Sandy Spring Bancorp, Inc. (SASR)’s insider Unloaded 1,000 Shares; Nbt Bank N A Decreased Automatic Data Processing (ADP) Stake

Sandy Spring Bancorp, Inc. (NASDAQ:SASR) Logo

Nbt Bank N A decreased Automatic Data Processing Inc (ADP) stake by 10.03% reported in 2017Q4 SEC filing. Nbt Bank N A sold 4,705 shares as Automatic Data Processing Inc (ADP)’s stock declined 3.95%. The Nbt Bank N A holds 42,207 shares with $4.95M value, down from 46,912 last quarter. Automatic Data Processing Inc now has $51.56 billion valuation. The stock decreased 0.67% or $0.78 during the last trading session, reaching $116.32. About 1.09 million shares traded. Automatic Data Processing, Inc. (NASDAQ:ADP) has risen 9.09% since April 25, 2017 and is uptrending. It has underperformed by 2.46% the S&P500.

Automatic Data Processing, Inc. (NASDAQ:ADP) Ratings Coverage

Among 19 analysts covering Automatic Data (NASDAQ:ADP), 5 have Buy rating, 2 Sell and 12 Hold. Therefore 26% are positive. Automatic Data had 61 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has “Neutral” rating by Wedbush given on Friday, September 9. Stifel Nicolaus maintained Automatic Data Processing, Inc. (NASDAQ:ADP) rating on Monday, August 28. Stifel Nicolaus has “Hold” rating and $108.0 target. The rating was upgraded by Bernstein on Monday, July 11 to “Outperform”. BMO Capital Markets maintained Automatic Data Processing, Inc. (NASDAQ:ADP) rating on Tuesday, July 11. BMO Capital Markets has “Hold” rating and $10000 target. Citigroup maintained Automatic Data Processing, Inc. (NASDAQ:ADP) rating on Friday, July 29. Citigroup has “Neutral” rating and $90 target. The rating was maintained by Stifel Nicolaus with “Hold” on Monday, January 30. The rating was initiated by Compass Point on Friday, April 15 with “Sell”. The stock has “Equal-Weight” rating by Morgan Stanley on Tuesday, November 14. As per Monday, November 6, the company rating was maintained by RBC Capital Markets. Barclays Capital maintained it with “Equal-Weight” rating and $128 target in Thursday, February 1 report.

Analysts await Automatic Data Processing, Inc. (NASDAQ:ADP) to report earnings on May, 2 before the open. They expect $1.44 earnings per share, up 9.92% or $0.13 from last year’s $1.31 per share. ADP’s profit will be $638.31M for 20.19 P/E if the $1.44 EPS becomes a reality. After $0.99 actual earnings per share reported by Automatic Data Processing, Inc. for the previous quarter, Wall Street now forecasts 45.45% EPS growth.

Investors sentiment increased to 0.8 in Q4 2017. Its up 0.12, from 0.68 in 2017Q3. It improved, as 50 investors sold ADP shares while 442 reduced holdings. 113 funds opened positions while 282 raised stakes. 338.15 million shares or 1.20% less from 342.26 million shares in 2017Q3 were reported. Hikari Tsushin Inc reported 10,400 shares stake. Cetera Advisor Netwr Limited Liability Corporation holds 13,530 shares or 0.07% of its portfolio. Cleararc has 11,297 shares for 0.18% of their portfolio. Ifc Inc Fl reported 7,908 shares stake. Williams Jones & Associate Ltd Co reported 1.77% of its portfolio in Automatic Data Processing, Inc. (NASDAQ:ADP). Long Road Investment Counsel Limited Liability Corp invested in 56,900 shares. Chickasaw Management Ltd Limited Liability Company owns 4,200 shares for 0.01% of their portfolio. Mirador Capital Prtnrs LP owns 9,529 shares for 0.61% of their portfolio. Naples Glob Advsr Limited Liability Corporation stated it has 3,602 shares or 0.12% of all its holdings. Marshall Wace Ltd Liability Partnership holds 127,887 shares. Brave Asset Mgmt reported 0.21% of its portfolio in Automatic Data Processing, Inc. (NASDAQ:ADP). 7,281 are held by Sandhill Capital Llc. Nomura Asset Com Limited reported 66,730 shares stake. Hanson Mcclain, a California-based fund reported 1,253 shares. Hbk Sorce Advisory Ltd holds 6,076 shares or 0.08% of its portfolio.

Since December 31, 2017, it had 0 insider buys, and 26 insider sales for $43.49 million activity. Shares for $659,979 were sold by JONES JOHN P III on Tuesday, January 2. Another trade for 6,508 shares valued at $755,123 was sold by Ayala John. $3.53 million worth of Automatic Data Processing, Inc. (NASDAQ:ADP) was sold by Bonarti Michael A. Shares for $5.68 million were sold by Siegmund Jan on Monday, January 1. $28,953 worth of Automatic Data Processing, Inc. (NASDAQ:ADP) shares were sold by Sackman Stuart. Dyson Deborah L also sold $184,720 worth of Automatic Data Processing, Inc. (NASDAQ:ADP) shares. $115,319 worth of Automatic Data Processing, Inc. (NASDAQ:ADP) shares were sold by Albinson Brock.

Among 7 analysts covering Sandy Spring Bancorp (NASDAQ:SASR), 2 have Buy rating, 0 Sell and 5 Hold. Therefore 29% are positive. Sandy Spring Bancorp has $4700 highest and $27 lowest target. $38.20’s average target is -6.81% below currents $40.99 stock price. Sandy Spring Bancorp had 13 analyst reports since July 20, 2015 according to SRatingsIntel. The stock has “Hold” rating by Keefe Bruyette & Woods on Tuesday, October 3. The firm earned “Buy” rating on Tuesday, April 24 by Keefe Bruyette & Woods. Keefe Bruyette & Woods maintained Sandy Spring Bancorp, Inc. (NASDAQ:SASR) on Thursday, December 21 with “Hold” rating. The firm has “Hold” rating by Keefe Bruyette & Woods given on Friday, January 19. Robert W. Baird maintained Sandy Spring Bancorp, Inc. (NASDAQ:SASR) rating on Wednesday, January 10. Robert W. Baird has “Hold” rating and $45.0 target. Sandler O’Neill maintained the shares of SASR in report on Friday, January 12 with “Hold” rating. Robert W. Baird maintained Sandy Spring Bancorp, Inc. (NASDAQ:SASR) rating on Thursday, October 19. Robert W. Baird has “Hold” rating and $43.0 target. The rating was upgraded by Stephens on Thursday, February 22 to “Overweight”. The stock of Sandy Spring Bancorp, Inc. (NASDAQ:SASR) earned “Sell” rating by Zacks on Tuesday, August 25.

Since January 22, 2018, it had 2 insider purchases, and 10 selling transactions for $5.65 million activity. Shares for $390,853 were sold by BRACEWELL JOSEPH S on Friday, February 16. Shares for $59,408 were sold by REEDER JOE on Thursday, January 25. $338,739 worth of stock was sold by Andersen Shaza L on Monday, January 22. Friis Mark E bought 1,000 shares worth $36,760. Shares for $71,034 were sold by McDowell Ronda M on Tuesday, January 30. Stephenson Mona Abutaleb had bought 600 shares worth $22,693 on Monday, February 5.

Investors sentiment increased to 1.54 in Q4 2017. Its up 0.10, from 1.44 in 2017Q3. It increased, as 15 investors sold Sandy Spring Bancorp, Inc. shares while 33 reduced holdings. 19 funds opened positions while 55 raised stakes. 16.99 million shares or 4.79% more from 16.21 million shares in 2017Q3 were reported. Wells Fargo And Mn has 82,322 shares. Pnc Grp holds 36,911 shares or 0% of its portfolio. The United Kingdom-based Gsa Capital Partners Llp has invested 0.04% in Sandy Spring Bancorp, Inc. (NASDAQ:SASR). D E Shaw Com Inc holds 7,565 shares. Ls Invest Advsrs Limited Co accumulated 0% or 1,906 shares. Css Ltd Il invested in 0.03% or 16,537 shares. Parallax Volatility Advisers Lp has invested 0% in Sandy Spring Bancorp, Inc. (NASDAQ:SASR). Millennium Management Lc has 341,864 shares for 0.02% of their portfolio. Parametric Portfolio Assoc Ltd Liability has invested 0% in Sandy Spring Bancorp, Inc. (NASDAQ:SASR). Prudential accumulated 0% or 54,568 shares. Blackrock Inc holds 0% or 2.16M shares in its portfolio. The Georgia-based Cornercap Counsel has invested 0.1% in Sandy Spring Bancorp, Inc. (NASDAQ:SASR). Janney Montgomery Scott Ltd Com invested in 10,554 shares. National Bank & Trust Of Ny Mellon holds 0% or 260,935 shares in its portfolio. Jpmorgan Chase And holds 87,862 shares.

Sandy Spring Bancorp, Inc. operates as the bank holding firm for Sandy Spring Bank that provides commercial and retail banking services to individuals and businesses in central Maryland, Northern Virginia, and Washington D. The company has market cap of $1.45 billion. C. markets. It has a 18.63 P/E ratio. It operates through three divisions: Community Banking, Insurance, and Investment Management.

Sandy Spring Bancorp, Inc. (NASDAQ:SASR) Institutional Positions Chart