What after Kenneth Fisher’s Insider Unload of Noble Energy, Inc. (NBL) Stock?; 0 Analysts Are Bullish Southside Bancshares, Inc. (SBSI) Last Week

February 7, 2018 - By rebbecca

A legal form filed with the Washington-based SEC on 07/02/2018 revealed that Kenneth Fisher, the Exec. VP & CFO of Noble Energy Inc, ‘s company sold 7,621 shares. With average cost per share of $27.7 the deal’s amount is $210,815 U.S Dollars. He also sold 7,621 shares that are worth $219,483 USD in the last 30 days. Currently, Mr. Kenneth, owns 218,804 shares, which accounts for 0.05% of Noble Energy Inc’s market cap.

Among 5 analysts covering Southside Bancshares (NASDAQ:SBSI), 0 have Buy rating, 0 Sell and 5 Hold. Therefore 0 are positive. Southside Bancshares had 9 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was maintained by Piper Jaffray with “Hold” on Friday, October 27. On Monday, August 28 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. The stock of Southside Bancshares, Inc. (NASDAQ:SBSI) earned “Hold” rating by Piper Jaffray on Friday, September 22. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Thursday, December 21 report. The firm has “Hold” rating by Keefe Bruyette & Woods given on Thursday, June 1. The firm earned “Hold” rating on Tuesday, October 3 by Keefe Bruyette & Woods. See Southside Bancshares, Inc. (NASDAQ:SBSI) latest ratings:

21/12/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $38.0 Maintain
27/10/2017 Broker: Piper Jaffray Rating: Hold New Target: $37.0 Maintain
03/10/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $37.0 Maintain
22/09/2017 Broker: PiperJaffray Rating: Neutral New Target: $37 Initiates Coverage On
22/09/2017 Broker: Piper Jaffray Rating: Hold New Target: $37.0 Initiate
28/08/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $38.0 Maintain

The stock increased 1.67% or $0.57 during the last trading session, reaching $34.675. About 133,770 shares traded or 12.72% up from the average. Southside Bancshares, Inc. (NASDAQ:SBSI) has risen 21.44% since February 7, 2017 and is uptrending. It has outperformed by 4.74% the S&P500.

Since September 14, 2017, it had 1 buy, and 2 sales for $40,444 activity. Shares for $35,450 were bought by MORGAN TONY K on Monday, November 13. 1,500 Southside Bancshares, Inc. (NASDAQ:SBSI) shares with value of $49,500 were sold by MCCABE BRIAN K. 750 Southside Bancshares, Inc. (NASDAQ:SBSI) shares with value of $26,394 were sold by Boyd Peter M.

Southside Bancshares, Inc. operates as a bank holding firm for Southside Bank that provides a range of financial services to individuals, businesses, municipal entities, and nonprofit organizations. The company has market cap of $1.21 billion. The Company’s deposit products include savings, money market, and interest and noninterest bearing checking accounts, as well as certificates of deposit. It has a 18.07 P/E ratio. The companyÂ’s loan portfolio comprises consumer loans that include 1-4 family residential loans, home equity loans, home improvement loans, automobile loans, and other installment loans; commercial loans, such as short-term working capital loans for inventory and accounts receivable, short and medium-term loans for equipment or other business capital expansion, commercial real estate loans, and municipal loans; and construction loans for 1-4 family residential and commercial real estate.

Investors sentiment decreased to 1.63 in Q3 2017. Its down 0.45, from 2.08 in 2017Q2. It turned negative, as 7 investors sold Southside Bancshares, Inc. shares while 28 reduced holdings. 7 funds opened positions while 50 raised stakes. 14.40 million shares or 0.51% less from 14.48 million shares in 2017Q2 were reported. State Board Of Administration Of Florida Retirement Systems owns 24,659 shares for 0% of their portfolio. Mason Street Advsrs Ltd Liability invested in 0.01% or 6,987 shares. Thrivent For Lutherans owns 0% invested in Southside Bancshares, Inc. (NASDAQ:SBSI) for 16,824 shares. Piedmont Investment Limited holds 0% or 6,009 shares. Virginia-based Virginia Retirement Et Al has invested 0% in Southside Bancshares, Inc. (NASDAQ:SBSI). Proshare Advsrs Ltd Liability Corp holds 225,237 shares or 0.08% of its portfolio. Hodges Cap Mngmt reported 24,477 shares. Geode Capital Lc owns 250,918 shares. King Luther Cap reported 118,553 shares. California State Teachers Retirement reported 44,515 shares stake. Louisiana State Employees Retirement invested in 0.02% or 11,170 shares. Moreover, Pnc Fin Group Inc has 0% invested in Southside Bancshares, Inc. (NASDAQ:SBSI) for 2,779 shares. Hancock Holdings has 248,974 shares for 0.38% of their portfolio. State Of Alaska Department Of Revenue owns 5,378 shares for 0.01% of their portfolio. Swiss Bancorporation owns 46,718 shares or 0% of their US portfolio.

Since December 11, 2017, it had 1 insider purchase, and 2 sales for $5.12 million activity. $5.40M worth of Noble Energy, Inc. (NYSE:NBL) shares were sold by EDELMAN THOMAS J. 7,621 shares were sold by Fisher Kenneth M., worth $219,483. On Monday, December 18 STOVER DAVID L bought $499,835 worth of Noble Energy, Inc. (NYSE:NBL) or 19,000 shares.

Among 30 analysts covering Noble Energy Inc. (NYSE:NBL), 22 have Buy rating, 0 Sell and 8 Hold. Therefore 73% are positive. Noble Energy Inc. has $60 highest and $3.50 lowest target. $41’s average target is 51.40% above currents $27.08 stock price. Noble Energy Inc. had 104 analyst reports since July 21, 2015 according to SRatingsIntel. Seaport Global upgraded the stock to “Buy” rating in Tuesday, June 7 report. The stock has “Buy” rating by Cowen & Co on Friday, December 8. The firm has “Buy” rating by Cowen & Co given on Tuesday, July 18. The stock has “Buy” rating by Credit Suisse on Tuesday, January 23. The stock of Noble Energy, Inc. (NYSE:NBL) has “Buy” rating given on Thursday, October 5 by Stifel Nicolaus. The rating was upgraded by Seaport Global on Tuesday, December 19 to “Buy”. The firm earned “Buy” rating on Friday, August 25 by Cowen & Co. The firm has “Hold” rating by Seaport Global given on Friday, August 11. The firm earned “Buy” rating on Wednesday, May 25 by Sterne Agee CRT. The company was maintained on Monday, January 29 by Stifel Nicolaus.

Noble Energy, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids worldwide. The company has market cap of $13.08 billion. The Company’s principal projects are located in onshore DJ Basin, Eagle Ford Shale, Permian Basin, and Marcellus Shale, the United States; deepwater Gulf of Mexico; Eastern Mediterranean, including offshore Israel and Cyprus; West Africa, including offshore Equatorial Guinea; and offshore the Falkland Islands, Suriname, and Newfoundland. It currently has negative earnings. As of December 31, 2016, the firm had approximately 1,437 million barrels oil equivalent of total proved reserves.