The Bancorp (TBBK) Rating Increased

Raymond James upped the shares of The Bancorp (TBBK) from a Outperform rating to Strong Buy Rating in analysts report sent to investors on Friday, 26 January.

In spite of the stock rating upgrade TBBK is now trading 0.00% lower at $0.00 as of 8:06 AM New York time. The Bancorp shares have [From2] 0% in the past 200 days, while the S&P 500 has surged 6.00% for the same time.

Institutional Ownership

Second Curve Capital Llc had the largest stake with ownership of 2.40 million shares as of q2 2015 for 8.83% of the fund portfolio. Endicott Management Co is another quite bullish investment professional who is owning 1.64 million shares of The Bancorp or 4.72% of their fund portfolio. Also, Nantahala Capital Management Llc have 3.27% of their fund portfolio invested in the company for 4.23 million shares. The California-based fund Hawk Ridge Capital Management Lp disclosed it had acquired a stake worth about 3.1% of the investment professional’s stock portfolio in The Bancorp. The Pennsylvania-based fund Beach Investment Management Llc. is also positive about the stock, possessing 894,959 shares or 1.38% of their fund portfolio.

The Bancorp (TBBK) closed at $0 yesterday. A total of shares of the company’s stock traded hands. This is down from average of shares. The Bancorp has a 52 week low of $0.00 and a 52 week high of $0. The company has a market cap of $ and a P/E ratio of 0.

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