Marlin Business Services Corp. (MRLN) Forms $25.45 Double Bottom; Gam Holding Ag Has Cut Dominion Energy (D) Holding By $7.61 Million

February 6, 2018 - By Shannon Black

Gam Holding Ag decreased Dominion Energy Inc (D) stake by 85.06% reported in 2017Q3 SEC filing. Gam Holding Ag sold 100,182 shares as Dominion Energy Inc (D)’s stock rose 6.53%. The Gam Holding Ag holds 17,596 shares with $1.35 million value, down from 117,778 last quarter. Dominion Energy Inc now has $48.14 billion valuation. The stock decreased 1.31% or $0.99 during the last trading session, reaching $74.69. About 4.69 million shares traded or 37.38% up from the average. Dominion Energy, Inc. (NYSE:D) has risen 10.88% since February 6, 2017 and is uptrending. It has underperformed by 5.82% the S&P500.

Marlin Business Services Corp. (MRLN) formed double bottom with $24.69 target or 3.00% below today’s $25.45 share price. Marlin Business Services Corp. (MRLN) has $311.13M valuation. The stock decreased 1.17% or $0.3 during the last trading session, reaching $25.45. About 65,524 shares traded or 91.85% up from the average. Marlin Business Services Corp. (NASDAQ:MRLN) has risen 74.77% since February 6, 2017 and is uptrending. It has outperformed by 58.07% the S&P500.

Among 3 analysts covering Marlin Business Services (NASDAQ:MRLN), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Marlin Business Services has $30.0 highest and $20 lowest target. $25’s average target is -1.77% below currents $25.45 stock price. Marlin Business Services had 6 analyst reports since November 4, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained the shares of MRLN in report on Thursday, December 21 with “Buy” rating. Keefe Bruyette & Woods initiated the stock with “Buy” rating in Tuesday, December 12 report. The firm earned “Market Perform” rating on Thursday, February 4 by William Blair. The firm has “Buy” rating by Keefe Bruyette & Woods given on Sunday, February 4.

Investors sentiment decreased to 1.29 in Q3 2017. Its down 0.02, from 1.31 in 2017Q2. It worsened, as 6 investors sold Marlin Business Services Corp. shares while 22 reduced holdings. 12 funds opened positions while 24 raised stakes. 9.78 million shares or 1.17% more from 9.67 million shares in 2017Q2 were reported. Red Mountain Cap Ltd Limited Liability Company holds 26.96% or 3.00 million shares. Basswood Capital Mngmt Lc accumulated 780,235 shares. 99,081 were reported by Dalton Greiner Hartman Maher &. Parkside Financial Bank Trust, a Missouri-based fund reported 805 shares. Rhumbline Advisers stated it has 12,566 shares. Wells Fargo Mn reported 9,214 shares. Numeric Investors Ltd Liability Co accumulated 180,792 shares. Natl Bank Of Mellon Corporation has invested 0% in Marlin Business Services Corp. (NASDAQ:MRLN). International Group Inc owns 0% invested in Marlin Business Services Corp. (NASDAQ:MRLN) for 5,889 shares. Adams Asset Advsrs Ltd Co holds 0.14% or 36,465 shares in its portfolio. Morgan Stanley reported 50,021 shares. Bridgeway Capital Mngmt has 99,655 shares for 0.03% of their portfolio. Alliancebernstein L P accumulated 16,900 shares. Cornerstone Cap Management Hldgs holds 0% of its portfolio in Marlin Business Services Corp. (NASDAQ:MRLN) for 6,222 shares. Denali Ltd Llc has 41 shares.

Since August 15, 2017, it had 0 insider purchases, and 3 selling transactions for $170,800 activity. Dietz Edward Ralph Jr. had sold 3,000 shares worth $75,030. The insider Sherlock James sold $20,018. WERT JAMES W sold $75,752 worth of stock or 2,980 shares.

Gam Holding Ag increased Activision Blizzard Inc (NASDAQ:ATVI) stake by 5,987 shares to 156,076 valued at $10.07M in 2017Q3. It also upped Calpine Corp (NYSE:CPN) stake by 412,518 shares and now owns 552,518 shares. Alere Inc (NYSE:ALR) was raised too.

Analysts await Dominion Energy, Inc. (NYSE:D) to report earnings on February, 7. They expect $0.89 earnings per share, down 10.10% or $0.10 from last year’s $0.99 per share. D’s profit will be $573.67 million for 20.98 P/E if the $0.89 EPS becomes a reality. After $1.04 actual earnings per share reported by Dominion Energy, Inc. for the previous quarter, Wall Street now forecasts -14.42% negative EPS growth.

Investors sentiment increased to 1.16 in 2017 Q3. Its up 0.01, from 1.15 in 2017Q2. It is positive, as 51 investors sold D shares while 282 reduced holdings. 70 funds opened positions while 316 raised stakes. 410.35 million shares or 0.47% more from 408.41 million shares in 2017Q2 were reported. Baldwin Management Limited Liability Corp has 5,300 shares. Ftb Advsrs invested 0.09% in Dominion Energy, Inc. (NYSE:D). Smith Moore holds 0.23% of its portfolio in Dominion Energy, Inc. (NYSE:D) for 10,459 shares. Bokf Na has invested 0.2% in Dominion Energy, Inc. (NYSE:D). St James Inv Co Limited has invested 1.39% in Dominion Energy, Inc. (NYSE:D). Raymond James Na holds 0.28% or 49,999 shares. Symons Mgmt Incorporated accumulated 233,528 shares. Main Street Ltd Com holds 0.15% or 11,952 shares in its portfolio. Regions Corporation reported 831,258 shares. California-based Schnieders Cap Mngmt Limited Com has invested 0.23% in Dominion Energy, Inc. (NYSE:D). Girard Limited holds 0.38% or 23,732 shares in its portfolio. Fdx Advisors stated it has 0.16% in Dominion Energy, Inc. (NYSE:D). 589,910 were reported by Reaves W H & Com Inc. A D Beadell Inv Counsel owns 10,335 shares. Mitsubishi Ufj Tru Banking Corporation invested in 1.71 million shares.