Mason Street Advisors Has Boosted Its Synovus Finl (SNV) Holding by $820,849; Market Valuation Rose; Monarch Partners Asset Management Decreased Its Stake in Popular (BPOP) by $8.37 Million

Popular, Inc. (NASDAQ:BPOP) Logo

Monarch Partners Asset Management Llc decreased its stake in Popular Inc (BPOP) by 83.05% based on its latest 2018Q4 regulatory filing with the SEC. Monarch Partners Asset Management Llc sold 177,983 shares as the company’s stock rose 2.70% with the market. The institutional investor held 36,331 shares of the finance company at the end of 2018Q4, valued at $1.72M, down from 214,314 at the end of the previous reported quarter. Monarch Partners Asset Management Llc who had been investing in Popular Inc for a number of months, seems to be less bullish one the $5.28 billion market cap company. The stock increased 3.01% or $1.6 during the last trading session, reaching $54.69. About 804,323 shares traded or 31.53% up from the average. Popular, Inc. (NASDAQ:BPOP) has risen 30.87% since April 14, 2018 and is uptrending. It has outperformed by 26.50% the S&P500. Some Historical BPOP News: 23/05/2018 – Popular Announces Early Termination of FDIC Shared-Loss Agreements; 24/04/2018 – Popular 1Q Net Interest Income $393; 24/04/2018 – POPULAR INC QUARTERLY NET INTEREST INCOME $393.0 MLN VS $362.1 MLN; 25/04/2018 – POPULAR INC BPOP.O : KBW RAISES TARGET PRICE TO $51 FROM $49; 23/05/2018 – POPULAR INC BPOP.O – POPULAR EXPECTED TO RECORD PRE-TAX GAIN OF APPROXIMATELY $95 MLN; 24/04/2018 – Popular 1Q Noninterest Income $121.5; 25/05/2018 – POPULAR INC BPOP.O : COMPASS POINT RAISES TARGET PRICE TO $56 FROM $55; 08/05/2018 – Popular, Inc. Declares a Cash Dividend of $0.25 per Common Share; 19/04/2018 – Popular Announces Appointment of Betina Castellví as Chief Security Officer; 24/04/2018 – POPULAR 1Q NET INTEREST MARGIN 3.89%, EST. 3.89%

Mason Street Advisors Llc increased its stake in Synovus Finl Corp (SNV) by 43.93% based on its latest 2018Q4 regulatory filing with the SEC. Mason Street Advisors Llc bought 26,479 shares as the company’s stock rose 5.49% with the market. The institutional investor held 86,750 shares of the major banks company at the end of 2018Q4, valued at $2.78M, up from 60,271 at the end of the previous reported quarter. Mason Street Advisors Llc who had been investing in Synovus Finl Corp for a number of months, seems to be bullish on the $5.83 billion market cap company. The stock increased 2.72% or $0.97 during the last trading session, reaching $36.62. About 2.37 million shares traded or 2.09% up from the average. Synovus Financial Corp. (NYSE:SNV) has declined 19.59% since April 14, 2018 and is downtrending. It has underperformed by 23.96% the S&P500. Some Historical SNV News: 24/04/2018 – Synovus 1Q Net Interest Margin Was 3.78%; 24/04/2018 – Synovus 1Q Net Interest Income $274.3M; 24/04/2018 – SYNOVUS SEES FY 2018 SHARE BUYBACKS UP TO $150M; 24/04/2018 – Synovus Announces Earnings for the First Quarter 2018; 24/04/2018 – Synovus 1Q EPS 4c; 24/04/2018 – SYNOVUS FINANCIAL CORP SEES 2018 NET CHARGE-OFF RATIO OF 15 TO 25 B.P.S; 24/04/2018 – Synovus 1Q Adj EPS 86c; 24/04/2018 – Synovus 1Q Total Avg Loans Grew $240.8M; 26/04/2018 – SYNOVUS FINANCIAL CORP SNV.N : JP MORGAN RAISES TARGET PRICE TO $57 FROM $56; 24/04/2018 – SYNOVUS SEES FY 2018 AVG. LOAN GROWTH 4% TO 6%

More notable recent Popular, Inc. (NASDAQ:BPOP) news were published by: Nasdaq.com which released: “Zacks.com featured highlights include: Xilinx, Fortinet, CACI, Popular and AMETEK – Nasdaq” on March 20, 2019, also Nasdaq.com with their article: “Wells Fargo (WFC) in Talks to Divest Its Retirement Business – Nasdaq” published on March 19, 2019, Nasdaq.com published: “Wells Fargo (WFC) Arm to Sell Retirement Business for $1.2B – Nasdaq” on April 10, 2019. More interesting news about Popular, Inc. (NASDAQ:BPOP) were released by: Nasdaq.com and their article: “Here’s Why Hancock Whitney (HWC) Stock is Worth Buying Now – Nasdaq” published on March 20, 2019 as well as Globenewswire.com‘s news article titled: “Report: Exploring Fundamental Drivers Behind MDC, salesforce.com, inc, Citrix, Match Group, Sangamo Therapeutics, and Popular — New Horizons, Emerging Trends, and Upcoming Developments – GlobeNewswire” with publication date: March 25, 2019.

Analysts await Popular, Inc. (NASDAQ:BPOP) to report earnings on April, 23. They expect $1.45 earnings per share, up 62.92% or $0.56 from last year’s $0.89 per share. BPOP’s profit will be $140.10 million for 9.43 P/E if the $1.45 EPS becomes a reality. After $1.33 actual earnings per share reported by Popular, Inc. for the previous quarter, Wall Street now forecasts 9.02% EPS growth.

Investors sentiment increased to 1.2 in 2018 Q4. Its up 0.28, from 0.92 in 2018Q3. It increased, as 13 investors sold BPOP shares while 84 reduced holdings. 52 funds opened positions while 64 raised stakes. 82.62 million shares or 1.94% more from 81.04 million shares in 2018Q3 were reported. Penbrook Mngmt Lc invested in 1.37% or 25,440 shares. 4.69M are held by Blackrock. Renaissance Limited Co reported 624,770 shares stake. Apg Asset Management Nv accumulated 790,700 shares. Investec Asset North America reported 429,827 shares. Royal National Bank & Trust Of Canada reported 381,210 shares stake. Jacobs Asset Limited Liability Company holds 3.23% in Popular, Inc. (NASDAQ:BPOP) or 349,900 shares. Shell Asset Mngmt reported 0.03% stake. Tarbox Family Office Inc reported 0% stake. Numerixs Techs has invested 0.05% in Popular, Inc. (NASDAQ:BPOP). Signaturefd Limited Liability Company stated it has 14,913 shares. Citigroup, a New York-based fund reported 34,349 shares. Boston Lc holds 4,725 shares. Kepos LP invested in 64,457 shares or 0.23% of the stock. First Trust Advisors Limited Partnership stated it has 260,130 shares or 0.03% of all its holdings.

Monarch Partners Asset Management Llc, which manages about $275.92 million and $692.43 million US Long portfolio, upped its stake in Aquaventure Hldgs Ltd by 215,629 shares to 256,294 shares, valued at $4.84M in 2018Q4, according to the filing. It also increased its holding in Orion Engineered Carbons S A (NYSE:OEC) by 287,190 shares in the quarter, for a total of 362,130 shares, and has risen its stake in Altra Indl Motion Corp (NASDAQ:AIMC).

Since November 5, 2018, it had 0 insider buys, and 3 selling transactions for $814,372 activity. 6,000 shares valued at $319,860 were sold by GUERRERO JUAN on Monday, November 5. $216,512 worth of stock was sold by MONZON GILBERTO on Wednesday, February 6.

More important recent Synovus Financial Corp. (NYSE:SNV) news were published by: Businesswire.com which released: “Synovus to Announce First Quarter 2019 Results on April 23, 2019 – Business Wire” on March 26, 2019, also Seekingalpha.com published article titled: “Synovus Q4 results reflect loan growth – Seeking Alpha”, Zacks.com published: “This is Why Synovus Financial (SNV) is a Great Dividend Stock – Zacks.com” on April 08, 2019. More interesting news about Synovus Financial Corp. (NYSE:SNV) was released by: Benzinga.com and their article: “Benzinga’s Top Upgrades, Downgrades For April 4, 2019 – Benzinga” with publication date: April 04, 2019.

Mason Street Advisors Llc, which manages about $4.02B US Long portfolio, decreased its stake in Wells Fargo Co New (NYSE:WFC) by 12,055 shares to 597,287 shares, valued at $27.52M in 2018Q4, according to the filing. It also reduced its holding in Apple Inc (NASDAQ:AAPL) by 9,456 shares in the quarter, leaving it with 635,580 shares, and cut its stake in Henry Jack & Assoc Inc (NASDAQ:JKHY).

Popular, Inc. (NASDAQ:BPOP) Institutional Positions Chart