National Commerce Corporation (NASDAQ:NCOM) – Stock analysts at FIG Partners increased their Q3 2017 EPS estimates for National Commerce Corporation in a research report issued to clients and investors on Thursday. FIG Partners analyst C. Marinac now expects that the financial services provider will earn $0.49 per share for the quarter, up from their previous forecast of $0.38. FIG Partners also issued estimates for National Commerce Corporation’s FY2017 earnings at $1.92 EPS.

Several other research analysts have also issued reports on NCOM. Stephens reissued a “hold” rating and set a $41.00 target price on shares of National Commerce Corporation in a research note on Thursday. Keefe, Bruyette & Woods reissued a “hold” rating and set a $38.00 target price on shares of National Commerce Corporation in a research note on Friday, May 12th. Zacks Investment Research raised shares of National Commerce Corporation from a “sell” rating to a “hold” rating in a research note on Thursday, August 3rd. ValuEngine lowered shares of National Commerce Corporation from a “buy” rating to a “hold” rating in a research note on Saturday, July 8th. Finally, FBR & Co increased their target price on shares of National Commerce Corporation from $39.00 to $45.00 and gave the stock a “market perform” rating in a research note on Wednesday, April 26th. Seven investment analysts have rated the stock with a hold rating, National Commerce Corporation has a consensus rating of “Hold” and an average target price of $39.00.

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Shares of National Commerce Corporation (NCOM) opened at 38.40 on Friday. National Commerce Corporation has a one year low of $25.56 and a one year high of $41.25. The firm has a market capitalization of $540.29 million, a price-to-earnings ratio of 21.40 and a beta of 1.07. The company’s 50 day moving average is $39.95 and its 200-day moving average is $38.29.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. California State Teachers Retirement System increased its position in National Commerce Corporation by 9.4% in the second quarter. California State Teachers Retirement System now owns 18,637 shares of the financial services provider’s stock valued at $737,000 after buying an additional 1,600 shares during the last quarter. The Manufacturers Life Insurance Company increased its position in National Commerce Corporation by 56.9% in the second quarter. The Manufacturers Life Insurance Company now owns 220,139 shares of the financial services provider’s stock valued at $8,706,000 after buying an additional 79,810 shares during the last quarter. State Street Corp increased its position in National Commerce Corporation by 20.9% in the second quarter. State Street Corp now owns 150,463 shares of the financial services provider’s stock valued at $5,952,000 after buying an additional 26,058 shares during the last quarter. ELCO Management Co. LLC acquired a new position in National Commerce Corporation during the second quarter valued at $566,000. Finally, Goldman Sachs Group Inc. acquired a new position in National Commerce Corporation during the second quarter valued at $9,709,000. Hedge funds and other institutional investors own 37.51% of the company’s stock.

National Commerce Corporation Company Profile

National Commerce Corporation (NCC) is a financial holding company. The Company is engaged in the business of banking through its banking subsidiary, National Bank of Commerce (the Bank). The Company, through the Bank, provides a range of financial services to businesses, business owners and professionals.

Earnings History and Estimates for National Commerce Corporation (NASDAQ:NCOM)

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