Lakeland Financial Corporation (LKFN) Analysts See $0.70 EPS

April 19, 2018 - By Vivian Currie

Investors sentiment decreased to 0.78 in Q4 2017. Its down 0.24, from 1.02 in 2017Q3. It turned negative, as 9 investors sold Lakeland Financial Corporation shares while 50 reduced holdings. 12 funds opened positions while 34 raised stakes. 17.67 million shares or 1.19% more from 17.46 million shares in 2017Q3 were reported.
Rhumbline Advisers owns 27,412 shares for 0% of their portfolio. Stieven Cap Limited Partnership has invested 0.04% in Lakeland Financial Corporation (NASDAQ:LKFN). Aperio Grp Ltd Company invested in 11,276 shares or 0% of the stock. 5,205 are held by Susquehanna Group Limited Liability Partnership. Emerald Mutual Fund Advisers accumulated 46,615 shares. Franklin Resource has invested 0.04% of its portfolio in Lakeland Financial Corporation (NASDAQ:LKFN). 8,607 were accumulated by Principal Financial Grp Inc. Dimensional Fund Advsr Ltd Partnership holds 0.02% or 1.02M shares in its portfolio. Moreover, Pdts Ptnrs Limited Liability Company has 0.02% invested in Lakeland Financial Corporation (NASDAQ:LKFN). 94,593 were reported by Motley Fool Wealth Management Limited Liability Com. Schwab Charles Inv Management owns 124,142 shares or 0% of their US portfolio. Geode Capital stated it has 0% of its portfolio in Lakeland Financial Corporation (NASDAQ:LKFN). California State Teachers Retirement Systems stated it has 0% of its portfolio in Lakeland Financial Corporation (NASDAQ:LKFN). Us State Bank De reported 2,991 shares or 0% of all its holdings. Metropolitan Life Insur Company New York reported 7,885 shares.

Since November 6, 2017, it had 3 insider buys, and 7 selling transactions for $336,454 activity. Shares for $68,040 were sold by DE BATTY JILL A on Tuesday, March 13. Smith Brian J bought 100 shares worth $4,969. The insider Pruitt Kristin sold 1,200 shares worth $55,200. 22,355 shares valued at $1.03M were sold by KUBACKI MICHAEL L on Tuesday, February 6. On Friday, February 2 Gavin Michael E sold $209,441 worth of Lakeland Financial Corporation (NASDAQ:LKFN) or 4,558 shares. HIATT THOMAS had bought 1,000 shares worth $49,500.

Analysts expect Lakeland Financial Corporation (NASDAQ:LKFN) to report $0.70 EPS on April, 25 before the open.They anticipate $0.13 EPS change or 22.81 % from last quarter’s $0.57 EPS. LKFN’s profit would be $17.70M giving it 16.89 P/E if the $0.70 EPS is correct. After having $0.61 EPS previously, Lakeland Financial Corporation’s analysts see 14.75 % EPS growth. The stock decreased 0.02% or $0.01 during the last trading session, reaching $47.29. About 54,272 shares traded. Lakeland Financial Corporation (NASDAQ:LKFN) has risen 9.54% since April 19, 2017 and is uptrending. It has underperformed by 2.01% the S&P500.

Lakeland Financial Corporation operates as the bank holding firm for Lake City Bank that provides various financial services in Indiana. The company has market cap of $1.20 billion. The firm offers various deposit products, including noninterest bearing deposits; interest-bearing checking, savings, and money market deposits; and NOW and demand deposits. It has a 21.21 P/E ratio. It also provides commercial and industrial loans, commercial real estate and multi-family residential loans, agri-business and agricultural loans, and other commercial loans; and consumer 1-4 family mortgage loans and other consumer loans.

Lakeland Financial Corporation (NASDAQ:LKFN) Institutional Positions Chart

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