0.96 is Southern National Bancorp Of Virginia Inc’s (NASDAQ:SONA) Institutional Investor Sentiment

July 13, 2018 - By Russell Jones

Southern National Bancorp of Virginia, Inc. (NASDAQ:SONA) Logo

Sentiment for Southern National Bancorp Of Virginia Inc (NASDAQ:SONA)

Southern National Bancorp Of Virginia Inc (NASDAQ:SONA) institutional sentiment decreased to 0.96 in Q1 2018. Its down -0.28, from 1.24 in 2017Q4. The ratio is negative, as 27 investment managers increased or started new positions, while 28 trimmed and sold stakes in Southern National Bancorp Of Virginia Inc. The investment managers in our partner’s database now possess: 16.75 million shares, up from 16.22 million shares in 2017Q4. Also, the number of investment managers holding Southern National Bancorp Of Virginia Inc in their top 10 positions was flat from 2 to 2 for the same number . Sold All: 6 Reduced: 22 Increased: 19 New Position: 8.

Southern National Bancorp of Virginia, Inc. operates as the bank holding firm for Sonabank that provides commercial banking services to middle market corporate clients and retail clients in the United States. The company has market cap of $415.02 million. The Company’s deposit products include non-interest-bearing and interest-bearing checking, commercial checking, money market, and savings accounts, as well as certificates of deposit. It has a 132.85 P/E ratio. The companyÂ’s loan portfolio comprises commercial mortgage and non-mortgage loans, including commercial real estate loans, construction to permanent loans, development and builder loans, accounts receivable financing, lines of credit, equipment and vehicle loans, leasing, and commercial overdraft protection; construction loans for commercial, multifamily, and other non-residential properties; commercial business loans, such as lines of credit, revolving credit facilities, demand loans, term loans, equipment loans, small business administration loans, stand-by letters of credit, and unsecured loans; residential mortgage lending; and secured and unsecured consumer loans.

The stock decreased 0.75% or $0.13 during the last trading session, reaching $17.27. About 10,701 shares traded. Southern National Bancorp of Virginia, Inc. (NASDAQ:SONA) has risen 0.58% since July 13, 2017 and is uptrending. It has underperformed by 11.99% the S&P500.

Analysts await Southern National Bancorp of Virginia, Inc. (NASDAQ:SONA) to report earnings on July, 26. They expect $0.30 earnings per share, up 25.00 % or $0.06 from last year’s $0.24 per share. SONA’s profit will be $7.21 million for 14.39 P/E if the $0.30 EPS becomes a reality. After $0.34 actual earnings per share reported by Southern National Bancorp of Virginia, Inc. for the previous quarter, Wall Street now forecasts -11.76 % negative EPS growth.

Castle Creek Capital Partners Iv Lp holds 45.48% of its portfolio in Southern National Bancorp of Virginia, Inc. for 3.23 million shares. Corbyn Investment Management Inc Md owns 605,920 shares or 3.28% of their US portfolio. Moreover, Salzhauer Michael has 2.79% invested in the company for 475,759 shares. The Ohio-based Fsi Group Llc has invested 1.64% in the stock. Banc Funds Co Llc, a Illinois-based fund reported 1.71 million shares.

Since January 1, 0001, it had 20 insider purchases, and 0 insider sales for $574,125 activity.

Another recent and important Southern National Bancorp of Virginia, Inc. (NASDAQ:SONA) news was published by Globenewswire.com which published an article titled: “Detailed Research: Economic Perspectives on Tetraphase Pharmaceuticals, Tech Data, Southern National Bancorp of …” on June 21, 2018.

Southern National Bancorp of Virginia, Inc. (NASDAQ:SONA) Institutional Positions Chart

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