Analysts See $0.88 EPS for 1st Source Corporation (SRCE)

September 25, 2018 - By Andrea Pope

1st Source Corporation (NASDAQ:SRCE) LogoInvestors sentiment decreased to 0.76 in Q2 2018. Its down 0.41, from 1.17 in 2018Q1. It is negative, as 6 investors sold 1st Source Corporation shares while 39 reduced holdings. 7 funds opened positions while 27 raised stakes. 18.20 million shares or 0.42% less from 18.28 million shares in 2018Q1 were reported.
Martingale Asset Mngmt L P, Massachusetts-based fund reported 56,027 shares. State Board Of Administration Of Florida Retirement Systems accumulated 0% or 21,532 shares. Ameritas Invest Prtnrs Inc holds 0% or 1,262 shares in its portfolio. Manufacturers Life Insur The holds 0.03% or 576,396 shares in its portfolio. Ubs Asset Mgmt Americas invested in 19 shares or 0% of the stock. Qs Investors Ltd Liability Company stated it has 0% of its portfolio in 1st Source Corporation (NASDAQ:SRCE). First Advsr L P holds 0.01% or 71,266 shares. Smithfield Company has invested 0.02% in 1st Source Corporation (NASDAQ:SRCE). 26,060 were reported by Systematic Fincl Lp. Alliancebernstein Limited Partnership reported 434,183 shares. Renaissance Ltd Company invested in 0.01% or 194,714 shares. Reinhart Inc, a Wisconsin-based fund reported 81,188 shares. Morgan Stanley reported 0% stake. Zurcher Kantonalbank (Zurich Cantonalbank) reported 1,536 shares. Guggenheim Ltd Liability Company reported 9,716 shares stake.

Since April 24, 2018, it had 1 insider purchase, and 0 insider sales for $2,678 activity.

Analysts expect 1st Source Corporation (NASDAQ:SRCE) to report $0.88 EPS on October, 18.They anticipate $0.22 EPS change or 33.33 % from last quarter’s $0.66 EPS. SRCE’s profit would be $22.85M giving it 15.23 P/E if the $0.88 EPS is correct. After having $0.84 EPS previously, 1st Source Corporation’s analysts see 4.76 % EPS growth. The stock decreased 1.31% or $0.68 during the last trading session, reaching $53.6. About 29,052 shares traded. 1st Source Corporation (NASDAQ:SRCE) has risen 17.35% since September 25, 2017 and is uptrending. It has outperformed by 1.73% the S&P500.

1st Source Corporation operates as the bank holding firm for 1st Source Bank that provides commercial and consumer banking services, trust and investment management services, and insurance to individual and business clients. The company has market cap of $1.39 billion. The Company’s consumer banking services include checking and savings accounts; certificates of deposit; individual retirement accounts; on-line and mobile banking products; automated teller machine services; consumer loans, real estate loans, and lines of credit; and financial planning, financial literacy, and other consultative services. It has a 18.42 P/E ratio. The firm also offers commercial, small business, agricultural, and real estate loans for general corporate purposes, including financing for industrial and commercial properties, equipment, inventories, accounts receivables, and acquisition financing; and commercial leasing, treasury management, and retirement planning services.

1st Source Corporation (NASDAQ:SRCE) Institutional Positions Chart

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