$1.33 EPS Expected for Independent Bank Corp. (INDB); Milacron Holdings (MCRN) Shorts Increased By 39.93%

Independent Bank Corp. (NASDAQ:INDB) Logo

Analysts expect Independent Bank Corp. (NASDAQ:INDB) to report $1.33 EPS on April, 18.They anticipate $0.33 EPS change or 33.00% from last quarter’s $1 EPS. INDB’s profit would be $37.41M giving it 15.12 P/E if the $1.33 EPS is correct. After having $1.29 EPS previously, Independent Bank Corp.’s analysts see 3.10% EPS growth. The stock decreased 1.15% or $0.94 during the last trading session, reaching $80.46. About 123,855 shares traded or 9.51% up from the average. Independent Bank Corp. (NASDAQ:INDB) has risen 22.41% since March 17, 2018 and is uptrending. It has outperformed by 18.04% the S&P500. Some Historical INDB News: 29/05/2018 – INDEPENDENT BANK – INTENDS TO FUND CASH PORTION OF CONSIDERATION FROM INTERNAL SOURCES; 29/05/2018 – Independent Bank Anticipates Acquisition Will Be About 10c Accretive to Its 2019 Earnings; 29/05/2018 – Independent Bank MA: Transaction Is Valued at Approximately $54.2 M; 11/04/2018 – Idaho Independent Bank 1Q EPS 18c; 29/05/2018 – INDEPENDENT BANK CORP – TRANSACTION IS INTENDED TO QUALIFY AS A TAX-FREE REORGANIZATION FOR FEDERAL INCOME TAX PURPOSES; 09/04/2018 – Independent Bank Corp.’s First Quarter Earnings Press Release and Conference Call Announcement; 11/04/2018 – Idaho Independent Bank 1Q Net $1.43M; 19/04/2018 – Independent Bank MA 1Q Net Interest Income $68.5 M; 19/04/2018 – INDB 1Q OPER EPS $1.00, EST. $1.05; 15/03/2018 – Independent Bank MA Raises Dividend to 38c Vs. 32c

Milacron Holdings Corp (NYSE:MCRN) had an increase of 39.93% in short interest. MCRN’s SI was 953,200 shares in March as released by FINRA. Its up 39.93% from 681,200 shares previously. With 283,900 avg volume, 3 days are for Milacron Holdings Corp (NYSE:MCRN)’s short sellers to cover MCRN’s short positions. The stock increased 2.71% or $0.35 during the last trading session, reaching $13.25. About 780,239 shares traded or 51.07% up from the average. Milacron Holdings Corp. (NYSE:MCRN) has declined 33.60% since March 17, 2018 and is downtrending. It has underperformed by 37.97% the S&P500. Some Historical MCRN News: 26/04/2018 – Milacron Holdings Sees 2018 Organic Sales Growth 2% to 4%; 01/05/2018 – Milacron Completes Successful Chinaplas 2018 Trade Show – Displayed Industry-leading Plastics Processing Technologies from; 26/04/2018 – Milacron Holdings Sees 2018 Capex $45 Million; 03/05/2018 – MILACRON HOLDINGS CORP – CO IS COMMITTED TO AN ADDITIONAL MINIMUM PAY DOWN OF $50.0 MLN ON 2017 TERM LOAN FACILITY, FOR A TOTAL MINIMUM OF $100.0 MLN; 26/04/2018 – MILACRON HOLDINGS CORP SAYS FORECASTS 2.0% TO 4.0% ORGANIC SALES GROWTH IN 2018; 26/04/2018 – Milacron Holdings 1Q Adj EPS 40c; 17/04/2018 – Milacron Closes Above 50-Day Moving Average: Technicals; 19/04/2018 – Get Milacron M•Powered at NPE 2018: Milacron Launches IoT Suite of Services, Part of New Support and Services Offerings Across All Milacron Product Brands; 12/03/2018 MORE from Milacron at NPE; 26/04/2018 – MILACRON HOLDINGS CORP SEES 2018 CAPITAL EXPENDITURES OF ABOUT $45 MLN

Since January 25, 2019, it had 0 insider buys, and 3 selling transactions for $360,887 activity. JONES KEVIN J also sold $160,740 worth of Independent Bank Corp. (NASDAQ:INDB) on Monday, February 4. The insider ODDLEIFSON CHRISTOPHER sold $116,978.

Independent Bank Corp. operates as the bank holding firm for Rockland Trust Company that provides commercial banking services and products to individuals and small-to-medium sized businesses primarily in Massachusetts. The company has market cap of $2.26 billion. The companyÂ’s services and products include demand deposits and time certificates of deposit, as well as checking, money market, and savings accounts. It has a 18.29 P/E ratio. The Company’s loan portfolio includes commercial loans, such as commercial and industrial, asset-based, commercial real estate, commercial construction, and small business loans; consumer real estate loans, including residential mortgages, home equity loans, and loans for the construction of residential properties; and other consumer loans, such as personal loans.

More notable recent Independent Bank Corp. (NASDAQ:INDB) news were published by: Nasdaq.com which released: “Daily Dividend Report: INDB, TGT, INTC, AEO, BG – Nasdaq” on March 14, 2019, also Nasdaq.com with their article: “5 Reasons to Bet on Independent Bank (INDB) Stock Right Now – Nasdaq” published on November 27, 2018, Businesswire.com published: “Independent Bank Corp. Issues $50 Million in Subordinated Notes – Business Wire” on March 14, 2019. More interesting news about Independent Bank Corp. (NASDAQ:INDB) were released by: Seekingalpha.com and their article: “Independent Bank to buy Blue Hills Bancorp in deal valued at $726.5M – Seeking Alpha” published on September 20, 2018 as well as Nasdaq.com‘s news article titled: “After-Hours Earnings Report for January 17, 2019 : NFLX, AXP, JBHT, TEAM, PBCT, OZK, INDB, PRGS, PFBC – Nasdaq” with publication date: January 17, 2019.

Investors sentiment increased to 1.76 in 2018 Q4. Its up 0.32, from 1.44 in 2018Q3. It is positive, as 12 investors sold Independent Bank Corp. shares while 38 reduced holdings. 27 funds opened positions while 61 raised stakes. 23.32 million shares or 5.97% more from 22.01 million shares in 2018Q3 were reported. The New York-based Alliancebernstein Lp has invested 0% in Independent Bank Corp. (NASDAQ:INDB). Boston Advisors Limited Co holds 0.03% in Independent Bank Corp. (NASDAQ:INDB) or 8,390 shares. Morgan Stanley owns 51,344 shares for 0% of their portfolio. Keybank National Association Oh invested in 13,751 shares. Cambridge reported 17,240 shares stake. Btim Corp holds 158,280 shares or 0.18% of its portfolio. Moreover, Blackrock has 0.01% invested in Independent Bank Corp. (NASDAQ:INDB) for 4.03 million shares. Prio Wealth Limited Partnership has invested 0.44% in Independent Bank Corp. (NASDAQ:INDB). Riverhead Cap Management Limited Com holds 0.01% or 2,451 shares in its portfolio. California Employees Retirement Systems reported 44,516 shares. Parkside Comml Bank And holds 0% or 28 shares in its portfolio. Service Automobile Association has 0% invested in Independent Bank Corp. (NASDAQ:INDB) for 4,331 shares. Silvercrest Asset Mngmt Gp Ltd Llc invested 1.26% in Independent Bank Corp. (NASDAQ:INDB). 690 are owned by Delta Asset Ltd Tn. Grp stated it has 0.01% in Independent Bank Corp. (NASDAQ:INDB).

Independent Bank Corp. (NASDAQ:INDB) Institutional Positions Chart