Shares of TriState Capital Holdings, Inc. (NASDAQ:TSC) have been assigned an average recommendation of “Hold” from the seven brokerages that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $29.00.

TSC has been the subject of several recent analyst reports. Zacks Investment Research raised shares of TriState Capital Holdings from a “hold” rating to a “buy” rating and set a $27.00 price objective for the company in a research report on Thursday, June 22nd. ValuEngine raised shares of TriState Capital Holdings from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Maxim Group raised their price objective on shares of TriState Capital Holdings from $25.00 to $28.00 and gave the stock a “buy” rating in a research report on Friday, April 21st. Stephens reaffirmed a “buy” rating and set a $30.00 price objective on shares of TriState Capital Holdings in a research report on Thursday, July 20th. Finally, BidaskClub downgraded shares of TriState Capital Holdings from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th.

TriState Capital Holdings (NASDAQ TSC) opened at 23.05 on Monday. The company has a market cap of $660.73 million, a price-to-earnings ratio of 20.78 and a beta of 0.28. TriState Capital Holdings has a 52 week low of $13.91 and a 52 week high of $26.30. The firm has a 50-day moving average of $24.35 and a 200-day moving average of $23.75.

TriState Capital Holdings (NASDAQ:TSC) last announced its quarterly earnings data on Wednesday, July 19th. The financial services provider reported $0.29 EPS for the quarter, topping the consensus estimate of $0.28 by $0.01. The company had revenue of $33.75 million during the quarter, compared to the consensus estimate of $35.27 million. TriState Capital Holdings had a net margin of 19.80% and a return on equity of 8.98%. Equities analysts forecast that TriState Capital Holdings will post $1.19 earnings per share for the current year.

In other news, Director Helen Hanna Casey bought 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 30th. The shares were bought at an average cost of $23.66 per share, for a total transaction of $236,600.00. Following the acquisition, the director now directly owns 39,055 shares in the company, valued at $924,041.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO James F. Getz sold 15,000 shares of the stock in a transaction on Monday, June 12th. The stock was sold at an average price of $25.00, for a total value of $375,000.00. The disclosure for this sale can be found here. 23.40% of the stock is owned by company insiders.

Several institutional investors have recently modified their holdings of the company. Second Curve Capital LLC boosted its position in shares of TriState Capital Holdings by 0.7% in the first quarter. Second Curve Capital LLC now owns 1,461,422 shares of the financial services provider’s stock worth $34,124,000 after buying an additional 10,144 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of TriState Capital Holdings by 9.5% in the first quarter. Vanguard Group Inc. now owns 882,788 shares of the financial services provider’s stock worth $20,614,000 after buying an additional 76,234 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of TriState Capital Holdings by 15.5% in the first quarter. Dimensional Fund Advisors LP now owns 691,968 shares of the financial services provider’s stock worth $16,158,000 after buying an additional 93,029 shares in the last quarter. Royce & Associates LP boosted its position in shares of TriState Capital Holdings by 5.7% in the first quarter. Royce & Associates LP now owns 613,409 shares of the financial services provider’s stock worth $14,323,000 after buying an additional 32,900 shares in the last quarter. Finally, Northpointe Capital LLC boosted its position in shares of TriState Capital Holdings by 8.0% in the second quarter. Northpointe Capital LLC now owns 506,931 shares of the financial services provider’s stock worth $12,775,000 after buying an additional 37,348 shares in the last quarter. Institutional investors own 57.11% of the company’s stock.

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About TriState Capital Holdings

TriState Capital Holdings, Inc is a bank holding company. The Company’s subsidiaries include TriState Capital Bank (the Bank), a Pennsylvania chartered bank; Chartwell Investment Partners, LLC (Chartwell), an investment advisor, and Chartwell TSC Securities Corp. (CTSC Securities). The Company operates through two segments: Bank and Investment Management.

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