Talmer Bancorp Inc (TLMR) : Gardner Lewis Asset Management L P added new position in Talmer Bancorp Inc during the most recent quarter end. The investment management firm now holds 733,258 shares of Talmer Bancorp Inc which is valued at $13.9 Million , the company said in a statement filed on May 12, 2016 with the SEC.Talmer Bancorp Inc makes up approximately 4.04% of Gardner Lewis Asset Management L P’s portfolio.
Other Hedge Funds, Including , Snyder Capital Management L P boosted its stake in TLMR in the latest quarter, The investment management firm added 317,494 additional shares and now holds a total of 553,527 shares of Talmer Bancorp Inc which is valued at $10.5 Million. Talmer Bancorp Inc makes up approx 0.71% of Snyder Capital Management L P’s portfolio.Blackrock Advisors boosted its stake in TLMR in the latest quarter, The investment management firm added 1,659 additional shares and now holds a total of 25,343 shares of Talmer Bancorp Inc which is valued at $482,024. Profund Advisors sold out all of its stake in TLMR during the most recent quarter. The investment firm sold 11,678 shares of TLMR which is valued $227,137.Td Asset Management Inc reduced its stake in TLMR by selling 11,000 shares or 32.07% in the most recent quarter. The Hedge Fund company now holds 23,300 shares of TLMR which is valued at $453,185. Chicago Capital Management added TLMR to its portfolio by purchasing 1,063,953 company shares during the most recent quarter which is valued at $20.6 Million. Talmer Bancorp Inc makes up approx 7.28% of Chicago Capital Management’s portfolio.
Talmer Bancorp Inc opened for trading at $19.26 and hit $19.48 on the upside on Friday, eventually ending the session at $19.37, with a gain of 1.15% or 0.22 points. The heightened volatility saw the trading volume jump to 2,88,680 shares. Company has a market cap of $1,299,475 M.
On the company’s financial health, Talmer Bancorp Inc reported $0.31 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Apr 27, 2016. Analyst had a consensus of $0.28.Analysts expectations of $ 80.23.During the same quarter in the previous year, the company posted $0.12 EPS.
Many Wall Street Analysts have commented on Talmer Bancorp Inc. Talmer Bancorp Inc was Upgraded by Raymond James to ” Strong Buy” on Mar 2, 2016.
Talmer Bancorp Inc. is a bank holding company. The Company operates through its wholly owned subsidiaries Talmer Bank and Trust Talmer West Bank and First Place Holdings. The Company is a full service community bank offering commercial and retail banking mortgage banking wealth management and trust services to small and medium-sized businesses and individuals within its geographic footprint. Its product line includes loans to small and medium-sized businesses residential mortgage loans commercial real estate loans residential and commercial construction and development loans consumer loans home equity loans agricultural loans and a variety of commercial and consumer demand savings and time deposit products. Substantially all loans are secured by specific items of collateral including business assets consumer assets and commercial and residential real estate. The Company also engages in mortgage banking activities.