Heritage Commerce (HTBK) Hit By DA Davidson Upgrade; Waddell & Reed Financial Has Boosted Its Lauder Estee Cos (EL) Holding

Waddell & Reed Financial Inc increased Lauder Estee Cos Inc (EL) stake by 13.7% reported in 2017Q3 SEC filing. Waddell & Reed Financial Inc acquired 9,850 shares as Lauder Estee Cos Inc (EL)’s stock rose 8.67%. The Waddell & Reed Financial Inc holds 81,729 shares with $8.81 million value, up from 71,879 last quarter. Lauder Estee Cos Inc now has $49.56 billion valuation. The stock increased 2.50% or $3.29 during the last trading session, reaching $134.75. About 3.03 million shares traded or 74.83% up from the average. The Estée Lauder Companies Inc. (NYSE:EL) has risen 1.49% since February 12, 2017 and is uptrending. It has underperformed by 15.21% the S&P500.

Among 5 analysts covering Heritage Commerce (NASDAQ:HTBK), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Heritage Commerce has $19.0 highest and $0.50 lowest target. $16.25’s average target is 5.52% above currents $15.4 stock price. Heritage Commerce had 22 analyst reports since July 28, 2015 according to SRatingsIntel. The company was upgraded on Monday, November 23 by Sandler O’Neill. Brean Capital maintained Heritage Commerce Corp (NASDAQ:HTBK) on Monday, October 23 with “Buy” rating. The firm has “Buy” rating by Brean Capital given on Tuesday, January 10. The rating was maintained by Keefe Bruyette & Woods on Thursday, December 21 with “Hold”. Sandler O’Neill maintained Heritage Commerce Corp (NASDAQ:HTBK) on Tuesday, January 16 with “Buy” rating. The stock of Heritage Commerce Corp (NASDAQ:HTBK) earned “Buy” rating by Brean Capital on Monday, February 5. The stock of Heritage Commerce Corp (NASDAQ:HTBK) earned “Buy” rating by Brean Capital on Friday, December 1. The stock has “Mkt Perform” rating by Keefe Bruyette & Woods on Monday, January 30. The rating was downgraded by Sandler O’Neill on Monday, September 28 to “Hold”. The stock of Heritage Commerce Corp (NASDAQ:HTBK) earned “Buy” rating by Brean Capital on Friday, December 22.

Investors sentiment decreased to 1.3 in 2017 Q3. Its down 0.38, from 1.68 in 2017Q2. It is negative, as 6 investors sold Heritage Commerce Corp shares while 27 reduced holdings. 12 funds opened positions while 31 raised stakes. 26.01 million shares or 0.28% more from 25.94 million shares in 2017Q2 were reported. 5,321 were accumulated by Royal Fincl Bank Of Canada. 24,126 are owned by Alliancebernstein Lp. Stieven Advsrs Ltd Partnership has invested 0.87% in Heritage Commerce Corp (NASDAQ:HTBK). Meeder Asset Mgmt Inc invested in 0% or 1,417 shares. Amer Grp Inc, a New York-based fund reported 24,276 shares. Granite Partners Limited Liability Company reported 67,594 shares. Deutsche Fincl Bank Ag owns 147,470 shares for 0% of their portfolio. Globeflex Capital Limited Partnership reported 0.08% in Heritage Commerce Corp (NASDAQ:HTBK). Penn Management holds 0.26% or 252,210 shares. Panagora Asset Management Inc accumulated 128,118 shares or 0.01% of the stock. 242,096 are held by Comml Bank Of New York Mellon Corporation. Moreover, Ameriprise Fincl has 0% invested in Heritage Commerce Corp (NASDAQ:HTBK). Aimz Ltd Liability Corp owns 14,779 shares or 0.17% of their US portfolio. Principal Financial Group holds 12,714 shares. Northern holds 398,930 shares or 0% of its portfolio.

Heritage Commerce Corp operates as the bank holding firm for Heritage Bank of Commerce that provides various commercial and personal banking services to residents and the business/professional community in California. The company has market cap of $588.29 million. It offers a range of deposit products for business banking and retail markets, including checking accounts, savings accounts, demand deposits, money market accounts, and time deposits. It has a 24.84 P/E ratio. The firm also provides various loan products comprising commercial loans, such as operating secured and unsecured loans advanced for working capital, equipment purchases, and other business purposes; commercial real estate loans; commercial construction loans for rental properties, commercial buildings, and homes; home equity lines of credit; consumer loans consisting of loans for financing automobiles, various consumer goods, and other personal purposes; and small business administration loans.

Since August 28, 2017, it had 0 buys, and 1 sale for $49,811 activity. $49,811 worth of Heritage Commerce Corp (NASDAQ:HTBK) was sold by BIAGINI KOMAS JULIANNE M on Monday, August 28.

The stock increased 0.46% or $0.07 during the last trading session, reaching $15.4. About 149,872 shares traded. Heritage Commerce Corp (NASDAQ:HTBK) has risen 32.65% since February 12, 2017 and is uptrending. It has outperformed by 15.95% the S&P500.

Since August 21, 2017, it had 0 insider purchases, and 19 insider sales for $72.18 million activity. Demsey John had sold 8,048 shares worth $868,138 on Tuesday, September 5. Another trade for 14,724 shares valued at $1.60 million was sold by Freda Fabrizio. Polcer Gregory had sold 25,000 shares worth $2.75M. $428,868 worth of The Estée Lauder Companies Inc. (NYSE:EL) shares were sold by MOSS SARA E. 47,351 shares were sold by PROUVE CEDRIC, worth $4.99 million. STERNLICHT BARRY S sold $1.06 million worth of stock or 10,000 shares. Another trade for 14,190 shares valued at $1.50 million was made by LAUDER RONALD S FOUNDATION on Tuesday, August 29.

Investors sentiment decreased to 1.03 in 2017 Q3. Its down 0.18, from 1.21 in 2017Q2. It fall, as 49 investors sold EL shares while 211 reduced holdings. 86 funds opened positions while 183 raised stakes. 190.23 million shares or 2.24% less from 194.59 million shares in 2017Q2 were reported. Susquehanna International Gp Llp holds 0% or 12,461 shares in its portfolio. United Asset Strategies reported 0.26% stake. Legal & General Gp Plc has 1.14 million shares. Atlanta Mngmt L L C reported 0.26% stake. Uss Inv Mgmt Ltd holds 0.92% or 1.11M shares in its portfolio. Asset Management holds 0.08% in The Estée Lauder Companies Inc. (NYSE:EL) or 21,811 shares. Baldwin Brothers Ma holds 0.01% of its portfolio in The Estée Lauder Companies Inc. (NYSE:EL) for 655 shares. Parsec Fincl has 0.42% invested in The Estée Lauder Companies Inc. (NYSE:EL) for 53,321 shares. Toronto Dominion State Bank holds 0.03% or 84,919 shares in its portfolio. Scopus Asset Mgmt LP stated it has 900,000 shares. Thrivent Financial For Lutherans holds 0% or 8,906 shares in its portfolio. Macquarie Gp Limited reported 54,696 shares. Ashfield Limited Co has invested 0.57% of its portfolio in The Estée Lauder Companies Inc. (NYSE:EL). Principal Finance Grp Inc invested in 332,286 shares or 0.03% of the stock. Etrade Cap Mngmt Ltd holds 13,725 shares.

Among 30 analysts covering Estee Lauder (NYSE:EL), 22 have Buy rating, 1 Sell and 7 Hold. Therefore 73% are positive. Estee Lauder had 98 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of The Estée Lauder Companies Inc. (NYSE:EL) has “Underperform” rating given on Friday, December 16 by BMO Capital Markets. The rating was maintained by Stifel Nicolaus on Monday, September 18 with “Buy”. Argus Research maintained the shares of EL in report on Thursday, November 2 with “Buy” rating. On Tuesday, April 4 the stock rating was upgraded by Goldman Sachs to “Buy”. Deutsche Bank maintained the shares of EL in report on Monday, August 21 with “Buy” rating. Wells Fargo maintained it with “Buy” rating and $145.0 target in Thursday, January 4 report. Wells Fargo reinitiated The Estée Lauder Companies Inc. (NYSE:EL) on Tuesday, November 15 with “Outperform” rating. The stock of The Estée Lauder Companies Inc. (NYSE:EL) has “Hold” rating given on Wednesday, April 19 by Jefferies. The stock has “Buy” rating by Piper Jaffray on Sunday, February 4. As per Monday, August 7, the company rating was maintained by Jefferies.

Waddell & Reed Financial Inc decreased Inogen Inc (NASDAQ:INGN) stake by 9,120 shares to 362,200 valued at $34.45M in 2017Q3. It also reduced Core Laboratories N V (NYSE:CLB) stake by 18,600 shares and now owns 321,451 shares. Harris Corp Del (NYSE:HRS) was reduced too.