Peel Hunt Reaffirms a Buy Rating on Melrose PLC (LON:MRO) and GBX 240.00 Target; Southside Bancshares (SBSI) Has 1.63 Sentiment

London: In analysts note published on Tuesday morning, Peel Hunt kept their Buy rating on shares of Melrose PLC (LON:MRO). They currently have a GBX 240.00 target on the firm. Peel Hunt’s target means a potential upside of 5.33% from the company’s last stock close price.

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 19.06 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.

The stock decreased 0.26% or $0.09 during the last trading session, reaching $34.5. About 89,092 shares traded. Southside Bancshares, Inc. (SBSI) has risen 21.44% since February 27, 2017 and is uptrending. It has outperformed by 4.74% the S&P500.

Since January 1, 0001, it had 3 insider buys, and 2 selling transactions for $77,419 activity.

Tributary Capital Management Llc holds 1.64% of its portfolio in Southside Bancshares, Inc. for 524,075 shares. Walthausen & Co. Llc owns 348,417 shares or 1.18% of their US portfolio. Moreover, Hancock Holding Co has 0.38% invested in the company for 248,974 shares. The New York-based Third Avenue Management Llc has invested 0.33% in the stock. Chatham Capital Group Inc., a Georgia-based fund reported 24,896 shares.

Analysts await Southside Bancshares, Inc. (NASDAQ:SBSI) to report earnings on April, 27. They expect $0.58 earnings per share, up 13.73% or $0.07 from last year’s $0.51 per share. SBSI’s profit will be $20.31 million for 14.87 P/E if the $0.58 EPS becomes a reality. After $0.41 actual earnings per share reported by Southside Bancshares, Inc. for the previous quarter, Wall Street now forecasts 41.46% EPS growth.

Analysts await Melrose Industries PLC (LON:MRO) to report earnings on May, 3. They expect $0.09 earnings per share, up 228.57% or $0.16 from last year’s $-0.07 per share. MRO’s profit will be $1.75M for 627.22 P/E if the $0.09 EPS becomes a reality. After $0.07 actual earnings per share reported by Melrose Industries PLC for the previous quarter, Wall Street now forecasts 28.57% EPS growth.

Investors sentiment decreased to 0.92 in 2017 Q3. Its down 0.01, from 0.93 in 2017Q2. It worsened, as 38 investors sold Melrose Industries PLC shares while 190 reduced holdings. 63 funds opened positions while 146 raised stakes. 665.82 million shares or 1.16% less from 673.63 million shares in 2017Q2 were reported. Guggenheim Cap Ltd Co holds 0.14% of its portfolio in Melrose Industries PLC (LON:MRO) for 4.43M shares. Balyasny Asset Ltd invested 0% in Melrose Industries PLC (LON:MRO). Bank Of Nova Scotia has 1.20 million shares for 0.09% of their portfolio. Renaissance Techs Ltd Liability reported 49,400 shares. Freestone Holdg Llc holds 14,298 shares or 0.01% of its portfolio. Mason Street Advsr Ltd Llc reported 117,993 shares. Geode Ltd Liability Company invested in 0.05% or 9.45 million shares. Dnb Asset Mngmt As owns 91,009 shares for 0.02% of their portfolio. State Of New Jersey Common Pension Fund D holds 0.03% in Melrose Industries PLC (LON:MRO) or 620,000 shares. Cubist Systematic Strategies Ltd Liability invested 0.01% in Melrose Industries PLC (LON:MRO). Ifc Hldgs Fl holds 0.02% or 17,429 shares. First Citizens Comml Bank & holds 0.03% of its portfolio in Melrose Industries PLC (LON:MRO) for 14,717 shares. Teacher Retirement Sys Of Texas holds 341,800 shares or 0.03% of its portfolio. King Luther Capital Mngmt Corporation holds 11,500 shares or 0% of its portfolio. Liberty Mutual Grp Asset Mngmt holds 0.03% or 34,421 shares in its portfolio.

The stock increased 0.13% or GBX 0.3 during the last trading session, reaching GBX 225.8. About 882,629 shares traded. Melrose Industries PLC (LON:MRO) has 0.00% since February 27, 2017 and is . It has underperformed by 16.70% the S&P500.