Insider Trade: Sharon Simpson Sold 46,084 Shares of Simpson Manufacturing Co., Inc. (SSD); First Community (FCCO)’s Sentiment Is 3

April 3, 2018 - By Shannon Black

Simpson Manufacturing Co., Inc. (NYSE:SSD) Logo

Sentiment for First Community Corp (FCCO)

First Community Corp (FCCO) investors sentiment increased to 3 in Q4 2017. It’s up 2.17, from 0.83 in 2017Q3. The ratio improved, as 21 funds opened new and increased equity positions, while 7 sold and reduced their stakes in First Community Corp. The funds in our database reported: 3.02 million shares, down from 3.10 million shares in 2017Q3. Also, the number of funds holding First Community Corp in top ten equity positions was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 5 Increased: 11 New Position: 10.

Investors sentiment increased to 1.52 in 2017 Q4. Its up 0.15, from 1.37 in 2017Q3. It increased, as 13 investors sold Simpson Manufacturing Co., Inc. shares while 54 reduced holdings. 45 funds opened positions while 57 raised stakes. 40.58 million shares or 2.61% more from 39.55 million shares in 2017Q3 were reported. Tiaa Cref Inv Mngmt Lc accumulated 193,821 shares or 0.01% of the stock. Moreover, Royal National Bank Of Canada has 0.01% invested in Simpson Manufacturing Co., Inc. (NYSE:SSD). Teachers Retirement Of The State Of Kentucky reported 13,100 shares. Kbc Group Inc Nv reported 51,189 shares. Franklin Resource invested 0.07% of its portfolio in Simpson Manufacturing Co., Inc. (NYSE:SSD). Louisiana State Employees Retirement reported 0.05% of its portfolio in Simpson Manufacturing Co., Inc. (NYSE:SSD). First Manhattan Co has 600 shares. Deprince Race Zollo reported 122,201 shares. Dean Capital Mngmt holds 46,665 shares. 11,500 were reported by Hbk Invests L P. Teacher Retirement Sys Of Texas reported 0.01% in Simpson Manufacturing Co., Inc. (NYSE:SSD). Us State Bank De reported 0% in Simpson Manufacturing Co., Inc. (NYSE:SSD). Rafferty Asset Mngmt Limited Liability Company, a New York-based fund reported 9,990 shares. Svcs Automobile Association owns 134,293 shares for 0.02% of their portfolio. California Pub Employees Retirement System, California-based fund reported 86,260 shares.

Analysts await Simpson Manufacturing Co., Inc. (NYSE:SSD) to report earnings on April, 26. They expect $0.49 earnings per share, up 63.33% or $0.19 from last year’s $0.3 per share. SSD’s profit will be $22.87 million for 28.29 P/E if the $0.49 EPS becomes a reality. After $0.31 actual earnings per share reported by Simpson Manufacturing Co., Inc. for the previous quarter, Wall Street now forecasts 58.06% EPS growth.

Since October 3, 2017, it had 0 buys, and 27 selling transactions for $98.23 million activity. Another trade for 75,968 shares valued at $3.75 million was made by SIMPSON SHARON H on Tuesday, October 24. SIMPSON PSB FUND sold $3.74M worth of stock or 75,478 shares. $76,714 worth of Simpson Manufacturing Co., Inc. (NYSE:SSD) shares were sold by Dankel Roger.

The stock decreased 3.73% or $2.15 during the last trading session, reaching $55.44. About 209,902 shares traded. Simpson Manufacturing Co., Inc. (NYSE:SSD) has risen 36.69% since April 3, 2017 and is uptrending. It has outperformed by 25.14% the S&P500.

Not a long ago, the major shareholder of Simpson Manufacturing Co Inc, Mr. Sharon Simpson, made a sale of a significant number of shares – 46,084, amounting to $2,656,377 U.S. Dollars, which is based on a market stock price of $57.6 for each share. She also sold 85,836 shares that are worth about $4,924,543 USD in the last month. The probability of this sell staying undiscovered is super low due to its amount, with the major shareholder currently having rights to 4.13 million shares — that is 10%+ of the market cap of the Company. Dated 02/04/2018 the sale document is ready for you here.

Simpson Manufacturing Co., Inc., through its subsidiaries, designs, engineers, makes, and sells building construction products. The company has market cap of $2.59 billion. The firm offers wood construction products, including connectors, truss plates, fastening systems, fasteners, and pre-fabricated lateral systems used in light-frame construction; and concrete construction products comprising adhesives, specialty chemicals, mechanical anchors, carbide drill bits, powder actuated tools, and fiber reinforced materials for use in concrete, masonry, and steel construction, as well as for concrete repair, protection, and strengthening applications. It has a 28.58 P/E ratio. It also provides wood shrinkage compensating devices; ornamental product line; cold formed steel connections; structural screws for wood, metal, and composite decking applications; and mechanical anchors for use in hollow wall conditions and for overhead applications.

Among 3 analysts covering Simpson Manufacturing (NYSE:SSD), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Simpson Manufacturing has $60.0 highest and $46.0 lowest target. $53’s average target is -4.40% below currents $55.44 stock price. Simpson Manufacturing had 5 analyst reports since September 9, 2016 according to SRatingsIntel. Robert W. Baird maintained it with “Hold” rating and $46.0 target in Thursday, October 19 report. The stock of Simpson Manufacturing Co., Inc. (NYSE:SSD) has “Hold” rating given on Thursday, December 14 by DA Davidson. The firm earned “Buy” rating on Tuesday, October 31 by DA Davidson. The firm has “Outperform” rating given on Tuesday, October 31 by Robert W. Baird. Sidoti initiated the stock with “Neutral” rating in Friday, September 9 report.

Elizabeth Park Capital Advisors Ltd. holds 1.84% of its portfolio in First Community Corporation for 251,496 shares. Fj Capital Management Llc owns 305,500 shares or 0.86% of their US portfolio. Moreover, Mendon Capital Advisors Corp has 0.63% invested in the company for 290,894 shares. The Oklahoma-based Pinnacle Holdings Llc has invested 0.51% in the stock. Banc Funds Co Llc, a Illinois-based fund reported 290,798 shares.

Analysts await First Community Corporation (NASDAQ:FCCO) to report earnings on April, 18. They expect $0.31 EPS, up 19.23% or $0.05 from last year’s $0.26 per share. FCCO’s profit will be $2.35M for 18.51 P/E if the $0.31 EPS becomes a reality. After $0.28 actual EPS reported by First Community Corporation for the previous quarter, Wall Street now forecasts 10.71% EPS growth.

First Community Corporation operates as the bank holding firm for First Community Bank which offers various commercial and retail banking services and products to small-to-medium sized businesses, professional concerns, and individuals. The company has market cap of $174.24 million. The firm operates through four divisions: Commercial and Retail Banking, Mortgage Banking, Investment Advisory and Non-Deposit, and Corporate. It has a 27.65 P/E ratio. The Company’s deposit products include demand deposit accounts, checking accounts, NOW accounts, and savings accounts, as well as other time deposits, such as daily money market accounts and longer-term certificates of deposits.

The stock increased 0.22% or $0.05 during the last trading session, reaching $22.95. About 11,132 shares traded. First Community Corporation (FCCO) has risen 3.33% since April 3, 2017 and is uptrending. It has underperformed by 8.22% the S&P500.

First Community Corporation (NASDAQ:FCCO) Institutional Positions Chart