Signaturefd buys $1.7 Million stake in Atlantic Capital Bancshares Inc (ACBI)

Atlantic Capital Bancshares Inc (ACBI) : Signaturefd scooped up 63,651 additional shares in Atlantic Capital Bancshares Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 12, 2016. The investment management firm now holds a total of 123,651 shares of Atlantic Capital Bancshares Inc which is valued at $1.7 Million.Atlantic Capital Bancshares Inc makes up approximately 0.30% of Signaturefd’s portfolio.

Other Hedge Funds, Including , Boston Partners boosted its stake in ACBI in the latest quarter, The investment management firm added 1,000 additional shares and now holds a total of 158,116 shares of Atlantic Capital Bancshares Inc which is valued at $2.2 Million.Blackrock Fund Advisors boosted its stake in ACBI in the latest quarter, The investment management firm added 333 additional shares and now holds a total of 1,276 shares of Atlantic Capital Bancshares Inc which is valued at $17,877.Geduld E E reduced its stake in ACBI by selling 28,936 shares or 30.8% in the most recent quarter. The Hedge Fund company now holds 65,000 shares of ACBI which is valued at $910,650. Atlantic Capital Bancshares Inc makes up approx 1.39% of Geduld E E’s portfolio.Mendon Capital Advisors Corp boosted its stake in ACBI in the latest quarter, The investment management firm added 390,451 additional shares and now holds a total of 1,539,571 shares of Atlantic Capital Bancshares Inc which is valued at $21.6 Million. Atlantic Capital Bancshares Inc makes up approx 4.00% of Mendon Capital Advisors Corp’s portfolio.

Many Wall Street Analysts have commented on Atlantic Capital Bancshares Inc. FBR Capital Initiated Atlantic Capital Bancshares Inc on May 18, 2016 to “Mkt Perform”, Price Target of the shares are set at $16.

Atlantic Capital Bancshares Inc. is the bank holding company for Atlantic Capital Bank (the Bank). The Bank operates as a full service locally-managed commercial bank and is focused on the primary markets of Metropolitan Atlanta the State of Georgia and the southeastern United States. The Bank provides an array of credit treasury management and deposit products and services to emerging growth businesses middle market corporations commercial real estate developers and investors and private clients. The Company offers a range of loans which include commercial loans residential and consumer loans. The Company’s available-for-sale securities consists of the United States government agencies the United States’ states and political divisions trust preferred securities corporate debt securities and residential mortgage-backed securities-agency. Its deposits consist of non-interest-bearing demand interest bearing checking savings money market and time deposits.

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