Analysts are on the Bearish side about CenterState Bank Corporation (NASDAQ:CSFL) this week.

December 7, 2017 - By Richard Conner

 Analysts are on the Bearish side about CenterState Bank Corporation (NASDAQ:CSFL) this week.
Investors sentiment increased to 1.53 in 2017 Q2. Its up 0.48, from 1.05 in 2017Q1. It improved, as 12 investors sold CenterState Bank Corporation shares while 45 reduced holdings. 31 funds opened positions while 56 raised stakes. 41.87 million shares or 7.53% more from 38.94 million shares in 2017Q1 were reported.
Schwab Charles Invest Management Incorporated invested in 0.01% or 230,515 shares. Globeflex Cap Lp has invested 0.03% in CenterState Bank Corporation (NASDAQ:CSFL). Oberweis Asset Mngmt holds 219,960 shares. Pnc Ser Grp reported 152,604 shares. Moreover, Navellier Associate has 0.07% invested in CenterState Bank Corporation (NASDAQ:CSFL). Loomis Sayles & Co Limited Partnership holds 0.03% of its portfolio in CenterState Bank Corporation (NASDAQ:CSFL) for 453,932 shares. Jacobus Wealth stated it has 341,270 shares. Ajo Limited Partnership holds 282,491 shares or 0.03% of its portfolio. Morgan Stanley owns 98,311 shares or 0% of their US portfolio. Boston Ptnrs reported 367,981 shares stake. Martingale Asset Lp holds 12,000 shares. Aqr Cap Mngmt Lc accumulated 344,301 shares. Quantbot Tech L P, New York-based fund reported 3,541 shares. Fin Advisory Grp owns 0.13% invested in CenterState Bank Corporation (NASDAQ:CSFL) for 15,916 shares. The New York-based Brown Brothers Harriman & Co has invested 0% in CenterState Bank Corporation (NASDAQ:CSFL).

CenterState Bank Corporation (NASDAQ:CSFL) Ratings Coverage

Among 7 analysts covering Centerstate Banks of Florida (NASDAQ:CSFL), 1 have Buy rating, 0 Sell and 6 Hold. Therefore 14% are positive. Centerstate Banks of Florida had 15 analyst reports since July 24, 2015 according to SRatingsIntel. The company was downgraded on Tuesday, October 24 by Stephens. The company was maintained on Monday, August 14 by Stephens. On Wednesday, April 27 the stock rating was downgraded by FIG Partners to “Market Perform”. The company was initiated on Tuesday, August 29 by Brean Capital. The stock has “Mkt Perform” rating by Bruyette & Woods” on Thursday, July 23. As per Thursday, May 26, the company rating was initiated by Stephens. As per Tuesday, October 3, the company rating was maintained by Keefe Bruyette & Woods. Wood downgraded CenterState Bank Corporation (NASDAQ:CSFL) on Friday, July 24 to “Market Perform” rating. The stock of CenterState Bank Corporation (NASDAQ:CSFL) has “Buy” rating given on Tuesday, July 25 by Stephens. The firm earned “Hold” rating on Friday, December 1 by Brean Capital. Below is a list of CenterState Bank Corporation (NASDAQ:CSFL) latest ratings and price target changes.

01/12/2017 Broker: Brean Capital Rating: Hold Maintain
30/10/2017 Broker: Brean Capital Rating: Hold Maintain
24/10/2017 Broker: Stephens Rating: Hold New Target: $28.0 Downgrade
23/10/2017 Broker: Brean Capital Rating: Hold Maintain
03/10/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $28.0 Maintain
29/08/2017 Broker: Brean Capital Rating: Hold Initiate
14/08/2017 Broker: Stephens Rating: Buy New Target: $29.0000 Maintain
25/07/2017 Broker: Stephens Rating: Buy New Target: $29.0000 Maintain

The stock increased 0.52% or $0.14 during the last trading session, reaching $26.87. About 149,836 shares traded. CenterState Bank Corporation (NASDAQ:CSFL) has risen 57.47% since December 7, 2016 and is uptrending. It has outperformed by 40.77% the S&P500.

CenterState Bank Corporation operates as the holding firm for CenterState Bank of Florida, N.A. that provides various consumer and commercial banking services to individuals, businesses, and industries in Florida. The company has market cap of $1.62 billion. The companyÂ’s deposit products include savings, demand, negotiable order of withdrawal, and money market deposit accounts, as well as certificates of deposit and time deposits. It has a 22.21 P/E ratio. It also offers real estate loans to individuals and businesses for the purchase, improvement of, or investment in real estate; construction of single-family residential and commercial units; and development of single-family residential building lots.

More important recent CenterState Bank Corporation (NASDAQ:CSFL) news were published by: Streetinsider.com which released: “Form 8-K CenterState Bank Corp For: Nov 06” on November 06, 2017, also Bizjournals.com published article titled: “Here are the golden parachutes Sunshine Bank execs could get after the …”, Prnewswire.com published: “CenterState Banks, Inc. Announces Acquisitions to become Florida’s Largest …” on August 14, 2017. More interesting news about CenterState Bank Corporation (NASDAQ:CSFL) was released by: Prnewswire.com and their article: “CenterState Bank Corporation Announces Promotion of Mark W. Thompson to …” with publication date: September 25, 2017.

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