Howard Bancorp, Inc. (HBMD) Is At $19.25 Formed Wedge; Fairpointe Capital Trimmed Its Unisys (UIS) Position

June 24, 2018 - By Shannon Black

Unisys Corporation (NYSE:UIS) Logo

Fairpointe Capital Llc decreased Unisys Corporation (UIS) stake by 13.2% reported in 2018Q1 SEC filing. Fairpointe Capital Llc sold 781,455 shares as Unisys Corporation (UIS)’s stock rose 7.66%. The Fairpointe Capital Llc holds 5.14 million shares with $55.25 million value, down from 5.92M last quarter. Unisys Corporation now has $695.67M valuation. The stock increased 0.22% or $0.03 during the last trading session, reaching $13.65. About 723,080 shares traded or 32.23% up from the average. Unisys Corporation (NYSE:UIS) has declined 3.63% since June 24, 2017 and is downtrending. It has underperformed by 16.20% the S&P500. Some Historical UIS News: 23/05/2018 – Taiwan Bank Customers Ready to Embrace Artificial Intelligence and Automation in Digital Banking – Unisys Banking Insights Surv; 12/04/2018 – S&PGR Cuts Unisys To ‘B-‘ On Higher Leverage; Weak Op Results; 08/03/2018 – Unisys Forms Golden Cross: Technicals; 01/05/2018 – UNISYS 1Q ADJ EPS 19C, EST. 20C; 29/05/2018 – UNISYS SOFTWARES AND HOLDING INDUSTRIES LTD UISY.BO – MARCH QTR REVENUE FROM OPS 1.48 BLN RUPEES VS 1.23 BLN RUPEES YR AGO; 17/04/2018 – Latest Release of Unisys Stealth® Security Software Extends Microsegmentation Protection for Data Centers, Clouds and Mobile Devices to Include Medical and Internet of Things Devices; 19/03/2018 – IDEMIA Partnering with Unisys to Provide Biometric Services for Home Affairs Department in Australia; 28/03/2018 – Unisys at Sidoti & Company Spring Investor Conference Tomorrow; 02/04/2018 – Unisys Names Katie Ebrahimi as Senior Vice President and Chief Human Resources Officer; 09/05/2018 – U.S. Customs and Border Protection Awards Contract to Unisys to Help Agency Assess Potential Threats from Travelers and Cargo C

Howard Bancorp, Inc. (HBMD) formed wedge down with $18.29 target or 5.00% below today’s $19.25 share price. Howard Bancorp, Inc. (HBMD) has $365.58 million valuation. The stock increased 1.05% or $0.2 during the last trading session, reaching $19.25. About 77,100 shares traded or 19.14% up from the average. Howard Bancorp, Inc. (NASDAQ:HBMD) has declined 7.16% since June 24, 2017 and is downtrending. It has underperformed by 19.73% the S&P500. Some Historical HBMD News: 22/04/2018 – DJ Howard Bancorp Inc, Inst Holders, 1Q 2018 (HBMD); 11/05/2018 – American Financial Group Buys 1.1% Position in Howard Bancorp; 12/03/2018 PRIAM CAPITAL FUND l, LP REPORTS 14.96 PCT STAKE IN HOWARD BANCORP INC AS OF MARCH 1, 2018 – SEC FILING; 30/04/2018 – Howard Bancorp 1Q Loss/Shr 43c; 14/05/2018 – Mendon Capital Advisors Buys 1.5% Position in Howard Bancorp

Among 5 analysts covering Howard Bancorp (NASDAQ:HBMD), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Howard Bancorp has $20 highest and $13.50 lowest target. $16.63’s average target is -13.61% below currents $19.25 stock price. Howard Bancorp had 11 analyst reports since November 23, 2015 according to SRatingsIntel. The stock has “Outperform” rating by Merion Capital on Friday, February 9. The firm earned “Outperform” rating on Friday, October 20 by Raymond James. Raymond James downgraded the shares of HBMD in report on Thursday, August 10 to “Outperform” rating. Merion Capital Group upgraded Howard Bancorp, Inc. (NASDAQ:HBMD) on Tuesday, April 26 to “Outperform” rating. The stock of Howard Bancorp, Inc. (NASDAQ:HBMD) earned “Overweight” rating by Stephens on Friday, August 18. Merion Capital initiated it with “Neutral” rating and $13.50 target in Monday, November 23 report. Raymond James initiated Howard Bancorp, Inc. (NASDAQ:HBMD) on Wednesday, February 1 with “Strong Buy” rating.

Since February 14, 2018, it had 1 insider buy, and 0 insider sales for $23,959 activity. Smith Robert W. Jr. bought 1,300 shares worth $23,959.

Investors sentiment increased to 1.2 in 2018 Q1. Its up 0.20, from 1 in 2017Q4. It improved, as 7 investors sold Howard Bancorp, Inc. shares while 13 reduced holdings. 5 funds opened positions while 19 raised stakes. 7.04 million shares or 14.25% more from 6.16 million shares in 2017Q4 were reported. 1,872 are owned by Bnp Paribas Arbitrage. Northern Tru holds 96,562 shares or 0% of its portfolio. Trexquant Investment Lp owns 18,239 shares. Banc Funds Communications Ltd Liability Corp holds 179,687 shares or 0.18% of its portfolio. Ejf Capital Ltd Co stated it has 1.35% in Howard Bancorp, Inc. (NASDAQ:HBMD). Int Grp Incorporated reported 0% in Howard Bancorp, Inc. (NASDAQ:HBMD). Legal And General Gp Public Lc holds 1,702 shares. The Maryland-based Sandy Spring National Bank has invested 0% in Howard Bancorp, Inc. (NASDAQ:HBMD). 207,800 are owned by Financial Inc. Moreover, Maltese Mgmt has 0.24% invested in Howard Bancorp, Inc. (NASDAQ:HBMD). Stieven Capital Advisors L P invested 1.73% of its portfolio in Howard Bancorp, Inc. (NASDAQ:HBMD). Jpmorgan Chase And Com stated it has 0% in Howard Bancorp, Inc. (NASDAQ:HBMD). Schwab Charles Mngmt Inc reported 15,200 shares stake. Geode Capital Management Limited Liability Company has invested 0% in Howard Bancorp, Inc. (NASDAQ:HBMD). California State Teachers Retirement Systems holds 13,881 shares.

Analysts await Howard Bancorp, Inc. (NASDAQ:HBMD) to report earnings on July, 18. They expect $0.26 earnings per share, up 23.81% or $0.05 from last year’s $0.21 per share. HBMD’s profit will be $4.94 million for 18.51 P/E if the $0.26 EPS becomes a reality. After $0.14 actual earnings per share reported by Howard Bancorp, Inc. for the previous quarter, Wall Street now forecasts 85.71% EPS growth.

Analysts await Unisys Corporation (NYSE:UIS) to report earnings on August, 7. They expect $0.27 earnings per share, up 800.00% or $0.24 from last year’s $0.03 per share. UIS’s profit will be $13.76M for 12.64 P/E if the $0.27 EPS becomes a reality. After $0.19 actual earnings per share reported by Unisys Corporation for the previous quarter, Wall Street now forecasts 42.11% EPS growth.

Investors sentiment increased to 1.19 in Q1 2018. Its up 0.10, from 1.09 in 2017Q4. It improved, as 7 investors sold UIS shares while 50 reduced holdings. 34 funds opened positions while 34 raised stakes. 57.23 million shares or 0.75% more from 56.80 million shares in 2017Q4 were reported. Wealthtrust Axiom Llc holds 0.22% of its portfolio in Unisys Corporation (NYSE:UIS) for 55,680 shares. 603,178 are held by Northern Trust. Royal Savings Bank Of Canada accumulated 135 shares. Kennedy Mngmt invested in 0.24% or 1.14M shares. Acadian Asset Mgmt Ltd Liability has 0.01% invested in Unisys Corporation (NYSE:UIS) for 245,143 shares. Kistler has invested 0% of its portfolio in Unisys Corporation (NYSE:UIS). Ubs Asset Mngmt Americas stated it has 0% of its portfolio in Unisys Corporation (NYSE:UIS). Trexquant Inv Limited Partnership invested in 36,095 shares or 0.03% of the stock. Vantage Investment Advsrs Ltd Com stated it has 10 shares or 0% of all its holdings. Quantbot Techs LP holds 6,700 shares or 0.01% of its portfolio. Teacher Retirement System Of Texas holds 0% or 11,170 shares in its portfolio. Cambridge Rech Advsr reported 71,242 shares. Gargoyle Inv Advisor Limited Liability Co owns 12,233 shares for 0.05% of their portfolio. Sei Comm reported 0% of its portfolio in Unisys Corporation (NYSE:UIS). Stratos Wealth Ptnrs holds 724 shares.

Since May 9, 2018, it had 0 insider purchases, and 2 sales for $96,595 activity. RENZI JEFFREY had sold 8,000 shares worth $95,687 on Wednesday, May 9. The insider El Sadany Tarek sold $908.

Howard Bancorp, Inc. (NASDAQ:HBMD) Institutional Positions Chart