Forest Hill Capital buys $11,993,899 stake in Atlantic Capital Bancshares Inc (ACBI)

Atlantic Capital Bancshares Inc (ACBI) : Forest Hill Capital scooped up 98,997 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 Aug 15, 2016. The investment management firm now holds a total of 792,723 shares of Atlantic Capital Bancshares Inc which is valued at $11,993,899.Atlantic Capital Bancshares Inc makes up approximately 1.30% of Forest Hill Capital’s portfolio.

Other Hedge Funds, Including , Ejf Capital added ACBI to its portfolio by purchasing 250,000 company shares during the most recent quarter which is valued at $3,782,500. Atlantic Capital Bancshares Inc makes up approx 0.35% of Ejf Capital’s portfolio.Berkeley Capital Partners reduced its stake in ACBI by selling 12,000 shares or 53.33% in the most recent quarter. The Hedge Fund company now holds 10,500 shares of ACBI which is valued at $158,865. Atlantic Capital Bancshares Inc makes up approx 0.11% of Berkeley Capital Partners’s portfolio. Rhumbline Advisers added ACBI to its portfolio by purchasing 16,880 company shares during the most recent quarter which is valued at $255,394.

Many Wall Street Analysts have commented on Atlantic Capital Bancshares Inc. Atlantic Capital Bancshares Inc was Downgraded by Raymond James to ” Mkt Perform” on Jul 29, 2016. Atlantic Capital Bancshares Inc was Downgraded by Sandler O’Neill to ” Hold” on Jul 29, 2016. 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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