Novanta Inc. (NOVT) Is At $66.45 Formed Wedge; Bryn Mawr Bank Has 1.35 Sentiment

Bryn Mawr Bank Corporation (NASDAQ:BMTC) Logo

Bryn Mawr Bank Corp (BMTC) investors sentiment increased to 1.35 in Q1 2018. It’s up 0.08, from 1.27 in 2017Q4. The ratio has increased, as 62 institutional investors started new or increased positions, while 46 reduced and sold their stock positions in Bryn Mawr Bank Corp. The institutional investors in our database now own: 14.46 million shares, up from 14.31 million shares in 2017Q4. Also, the number of institutional investors holding Bryn Mawr Bank Corp in top ten positions decreased from 1 to 0 for a decrease of 1. Sold All: 8 Reduced: 38 Increased: 45 New Position: 17.

Novanta Inc. (NOVT) formed wedge up with $69.11 target or 4.00% above today’s $66.45 share price. Novanta Inc. (NOVT) has $2.31B valuation. The stock increased 0.38% or $0.25 during the last trading session, reaching $66.45. About 124,560 shares traded. Novanta Inc. (NASDAQ:NOVT) has risen 81.99% since June 12, 2017 and is uptrending. It has outperformed by 69.42% the S&P500. Some Historical NOVT News: ; 12/04/2018 Novanta Inc. Schedules Earnings Release and Conference Call for Tuesday, May 8, 2018; 03/05/2018 – Novanta Acquired Zettlex; 08/05/2018 – Novanta Sees 2Q Adj EPS 47c-Adj EPS 50c; 08/05/2018 – Novanta 1Q Rev $147M; 03/05/2018 – NOVANTA BOUGHT ZETTLEX; 08/05/2018 – NOVANTA INC NOVT.O SEES FY 2018 ADJUSTED SHR $1.93 TO $2.02; 19/04/2018 – DJ Novanta Inc, Inst Holders, 1Q 2018 (NOVT); 03/05/2018 – Novanta Acquires Privately-Held Zettlex Holdings Limited; 08/05/2018 – Novanta Sees FY Adj EPS $1.93-Adj EPS $2.02; 08/05/2018 – NOVANTA INC NOVT.O SEES FY 2018 REVENUE ABOUT $590 MLN TO $605 MLN

Analysts await Novanta Inc. (NASDAQ:NOVT) to report earnings on August, 2. They expect $0.49 EPS, up 19.51% or $0.08 from last year’s $0.41 per share. NOVT’s profit will be $17.00M for 33.90 P/E if the $0.49 EPS becomes a reality. After $0.47 actual EPS reported by Novanta Inc. for the previous quarter, Wall Street now forecasts 4.26% EPS growth.

Analysts await Bryn Mawr Bank Corporation (NASDAQ:BMTC) to report earnings on July, 19. They expect $0.76 EPS, up 28.81% or $0.17 from last year’s $0.59 per share. BMTC’s profit will be $15.38M for 15.59 P/E if the $0.76 EPS becomes a reality. After $0.94 actual EPS reported by Bryn Mawr Bank Corporation for the previous quarter, Wall Street now forecasts -19.15% negative EPS growth.

Bryn Mawr Bank Corporation operates as the bank holding firm for The Bryn Mawr Trust Company that provides commercial and retail banking services to individuals and businesses. The company has market cap of $959.32 million. It accepts deposit products, such as non-interest-bearing demand deposits, savings, NOW accounts, and market rate accounts. It has a 35.91 P/E ratio. The companyÂ’s loan and lease portfolio comprises commercial and residential mortgage construction, commercial and industrial, and consumer loans, as well as home equity lines and loans; and leasing services.

The stock decreased 1.35% or $0.65 during the last trading session, reaching $47.4. About 36,229 shares traded. Bryn Mawr Bank Corporation (BMTC) has risen 14.27% since June 12, 2017 and is uptrending. It has outperformed by 1.70% the S&P500. Some Historical BMTC News: ; 19/04/2018 – Bryn Mawr Bank 1Q Net $15.3M; 05/03/2018 Bryn Mawr Bank Closes Above 50-Day Moving Average: Technicals; 24/05/2018 – Research Report Identifies Bryn Mawr Bank, Whitestone REIT, Surgery Partners, PennantPark Floating Rate Capital, Enterprise Fin; 09/04/2018 – Bryn Mawr Bank Closes Below 200-Day Moving Average: Technicals; 19/04/2018 – Bryn Mawr Bank 1Q Net Interest Income $37.4 Million; 19/04/2018 – BRYN MAWR BANK CORP – QTRLY ADJ SHR $0.94; 17/04/2018 – Tripp Lite Appoints Bryn Morgan as Vice President of International Business; 19/04/2018 – DJ Bryn Mawr Bank Corporation, Inst Holders, 1Q 2018 (BMTC); 01/05/2018 – Bryn Mawr Trust Grows Its BMT Insurance Advisors Announcing The Acquisition Of Domenick & Associates; 02/04/2018 – Local Blogger, Bryn Nowell, Three Time Finalist for International Pet Industry Award

Investment Counselors Of Maryland Llc holds 1.23% of its portfolio in Bryn Mawr Bank Corporation for 549,500 shares. Alphaone Investment Services Llc owns 97,742 shares or 1.18% of their US portfolio. Moreover, Walthausen & Co. Llc has 1.1% invested in the company for 253,847 shares. The California-based Phocas Financial Corp. has invested 1.08% in the stock. Dean Capital Management, a Kansas-based fund reported 47,151 shares.

More news for Bryn Mawr Bank Corporation (NASDAQ:BMTC) were recently published by: Seekingalpha.com, which released: “Financial upgrades / downgrades” on June 11, 2018. Globenewswire.com‘s article titled: “Research Report Identifies Bryn Mawr Bank, Whitestone REIT, Surgery Partners, PennantPark Floating Rate Capital …” and published on May 24, 2018 is yet another important article.

Bryn Mawr Bank Corporation (NASDAQ:BMTC) Institutional Positions Chart