CenterState Banks Inc (CSFL) : 1492 Capital Management reduced its stake in CenterState Banks Inc by 8.56% during the most recent quarter end. The investment management company now holds a total of 260,329 shares of CenterState Banks Inc which is valued at $4 Million after selling 24,371 shares in CenterState Banks Inc , the firm said in a disclosure report filed with the SEC on May 11, 2016.CenterState Banks Inc makes up approximately 3.40% of 1492 Capital Management’s portfolio.
Other Hedge Funds, Including , Seizert Capital Partners reduced its stake in CSFL by selling 21,255 shares or 9.8% in the most recent quarter. The Hedge Fund company now holds 195,624 shares of CSFL which is valued at $3 Million. CenterState Banks Inc makes up approx 0.10% of Seizert Capital Partners’s portfolio.Tfs Capital boosted its stake in CSFL in the latest quarter, The investment management firm added 36,777 additional shares and now holds a total of 72,771 shares of CenterState Banks Inc which is valued at $1.1 Million. CenterState Banks Inc makes up approx 0.16% of Tfs Capital’s portfolio.Manufacturers Life Insurance Company The reduced its stake in CSFL by selling 492 shares or 1.56% in the most recent quarter. The Hedge Fund company now holds 31,141 shares of CSFL which is valued at $473,032.
CenterState Banks Inc opened for trading at $15.21 and hit $16.12 on the upside on Monday, eventually ending the session at $15.53, with a gain of 2.24% or 0.34 points. The heightened volatility saw the trading volume jump to 2,41,573 shares. Company has a market cap of $745 M.
Many Wall Street Analysts have commented on CenterState Banks Inc. CenterState Banks Inc was Downgraded by FIG Partners to ” Market Perform” on Apr 27, 2016.
CenterState Banks Inc. (CSFL) is a bank holding company which owns CenterState Bank of Florida N.A. (CSB or the Bank) and a non-bank subsidiary R4ALL Inc. (R4ALL). The Company’s basic services include demand interest-bearing and noninterest-bearing accounts money market deposit accounts time deposits safe deposit services cash management direct deposits notary services money orders night depository travelers’ checks cashier’s checks domestic collections savings bonds bank drafts automated teller services drive-in tellers and banking by mail and by Internet. It also offers residential and commercial real estate loans secured and unsecured commercial loans and consumer loans. It also provides automated teller machine cards and offers Internet banking services. It also offers trust services and also has a wealth management division that offers other financial products including mutual funds annuities and other products.