Zacks: Suffolk Bancorp (SCNB) Given Average Recommendation of “” by Analysts

Posted by Linda Flegge on Apr 22nd, 2017

Suffolk Bancorp (NYSE:SCNB) has earned an average broker rating score of 0.00 () from the zero brokers that cover the company, Zacks Investment Research reports.

Zacks has also assigned Suffolk Bancorp an industry rank of .hide_lte_ie6 { display:none; } .hide_lte_ie7 { display:none; } .hide_lte_ie8 { display:none; } .hide_lte_ie9 { display:none; } .hide_lte_ie10 { display:none; } SCNB: NA – Brokerage Recommendations – Zacks.com var WIDGET_PATH_JS = ‘widget3.zacks.com’;var WIDGET3_PATH_JS = ‘widget3.zacks.com’;var PROTOCOL_JS = ‘https://’;var HTTP_PROTOCOL_JS = ‘https://’;var SITE_ROOT_PROTOCOL = ‘https://www.zacks.com/’;var STATIC_CONTENT_ROOT_JS = ‘https://staticx.zacks.com’;var STATIC_TUNER_IMAGE_ROOT = ‘https://staticx-tuner.zacks.com/images/’;var DEFAULT_HOST = ‘www.zacks.com’;var appendNumber = 4;var prependNumber = 1;var _qevents = _qevents || [];(function() {var elem = document.createElement(‘script’);elem.src = (document.location.protocol == “https:” ? “https://secure” : “http://edge”) + “.quantserve.com/quant.js”;elem.async = true;elem.type = “text/javascript”;var scpt = document.getElementsByTagName(‘script’)[0];scpt.parentNode.insertBefore(elem, scpt);})(); var googletag = googletag || {}; googletag.cmd = googletag.cmd || []; (function() { var gads = document.createElement(“script”); gads.async = true; gads.type = “text/javascript”; var useSSL = “https:” == document.location.protocol; gads.src = (useSSL ? “https:” : “http:”) + “//www.googletagservices.com/tag/js/gpt.js”; var node =document.getElementsByTagName(“script”)[0]; node.parentNode.insertBefore(gads, node); })(); var ybotq = ybotq || []; (function() { var js = document.createElement(“script”); js.src = “//cdn.yldbt.com/js/yieldbot.intent.js”; var node = document.getElementsByTagName(“script”)[0]; node.parentNode.insertBefore(js, node); })(); ybotq.push(function () { yieldbot.pub(“003d”); // Leaderboard-top yieldbot.defineSlot(“Leaderboard-top_101”); // Lrec-top yieldbot.defineSlot(“Lrec-top_201”); // Skyscraper-LefRail yieldbot.defineSlot(“Skyscraper-LefRail_301”); yieldbot.enableAsync(); yieldbot.go(); }); ybotq.push(function() { googletag.cmd.push(function() { googletag.pubads().set(“adsense_background_color”, “FFFFFF”); }); }); var slot_lookup = {}; ybotq.push(function() { googletag.cmd.push(function() { // Leaderboard-bottom googletag.defineSlot(“/2802258/ZComQuote-Leaderboard-bottom”, [728,90], “Leaderboard-bottom_102”).addService(googletag.pubads()); // Leaderboard-top slot_lookup[“Leaderboard-top_101”] = googletag.defineSlot(“/2802258/ZComQuote-Leaderboard-top”, [728,90], “Leaderboard-top_101”).addService(googletag.pubads()); // Lrec-top slot_lookup[“Lrec-top_201”] = googletag.defineSlot(“/2802258/ZComQuote-Lrec-top”, [[336,280],[300,250]], “Lrec-top_201”).addService(googletag.pubads()); // Lrec-middle googletag.defineSlot(“/2802258/ZComQuote-Lrec-middle”, [336,280], “Lrec-middle_202”).addService(googletag.pubads()); // Skyscraper-LefRail slot_lookup[“Skyscraper-LefRail_301”] = googletag.defineSlot(“/2802258/ZComQuote-Skyscraper-LefRail”, [160,600], “Skyscraper-LefRail_301”).addService(googletag.pubads()); // Leaderboard-top yieldbot.setSlotTargeting(“Leaderboard-top_101”, slot_lookup[“Leaderboard-top_101”]); // Lrec-top yieldbot.setSlotTargeting(“Lrec-top_201”, slot_lookup[“Lrec-top_201”]); // Skyscraper-LefRail yieldbot.setSlotTargeting(“Skyscraper-LefRail_301”, slot_lookup[“Skyscraper-LefRail_301”]); googletag.pubads(); googletag.pubads().enableAsyncRendering(); googletag.enableServices(); }); }); (adsbygoogle = window.adsbygoogle || []).push({ google_ad_client: “ca-pub-2333136737514314”, enable_page_level_ads: true }); var _price_chart_compatibility_mode = true;$(document).ready(function() { window.charts.init_charts( ‘chart_form’, ‘chart_canvas’ );}); Join Sign In Member Sign In Keep Me Signed In What does “Remember Me” do? 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If you do not, click Cancel.OK Cancel Back to top more close Quotes & News Quote Overview Real Time Quotes Zacks News Partner News Zacks Research *Snapshot *Analyst Report *Style Scores *Detailed Estimates Comparison to Industry Zacks Experts View More Research Zacks Scorecard–> *Broker Recommendations Full Company Report Broker Digest Report Earnings Announcements Broker Reports Insiders Earnings Transcripts Charts *Price, Consensus and EPS Surprise *Fundamental Charts Comparative Interactive Charts Price and Consensus Price & EPS Surprise 12 Month EPS Broker Recommendations Financials Financial Overview Income Statements Balance Sheet Cash flow Statements Options Option Chain Options Greek Montage Access Zacks Data Feed ybotq.push(function () { googletag.cmd.push(function() { googletag.display(“Skyscraper-LefRail_301”); }); }); QUOTE_FEED_PATH = ‘quote-feed.zacks.com’; TICKER_JS_VAR = ‘SCNB’; Suffolk Bancorp (SCNB) (Delayed Data from NYSE) window.page_id=’quote’; Add to portfolio Trades from $3 $40.41 USD 40.41 2,195,646 -0.51 (-1.25%) Updated Mar 31, 2017 04:02 PM ET Volume: 2,195,646 Open: $40.70 Prior Close: $40.92 Zacks Rank Style Scores Research Report –> Value: NA | Growth: NA | Momentum: NA | VGM: NA View All Zacks Rank #1 Strong Buys View All Zacks Rank #1 Strong Buys–> The Zacks Scorecard is a complimentary set out of indicators to use alongside the Zacks Rank. It allows the investor to better focus on the stocks that are the best fit for his or her personal investment style. We produce five unique ratings, including the Zacks Style Score, which combines the individual style scores into 1 rating: Zacks Style Score A based on the ratings given to its competitors.

Separately, Keefe, Bruyette & Woods set a $43.00 price target on shares of Suffolk Bancorp and gave the company a “hold” rating in a research report on Saturday, March 18th.

In other news, Director Terence X. Meyer sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, February 17th. The shares were sold at an average price of $42.56, for a total value of $425,600.00. Following the transaction, the director now owns 14,930 shares in the company, valued at $635,420.80. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Joseph A. Gaviola sold 3,500 shares of the company’s stock in a transaction that occurred on Friday, February 10th. The stock was sold at an average price of $41.52, for a total transaction of $145,320.00. Following the completion of the transaction, the director now owns 5,854 shares in the company, valued at approximately $243,058.08. The disclosure for this sale can be found here. Insiders have sold 19,501 shares of company stock worth $826,323 in the last three months. 4.61% of the stock is currently owned by insiders.

Several hedge funds and other institutional investors have recently modified their holdings of SCNB. Wells Fargo & Company MN increased its position in shares of Suffolk Bancorp by 23.7% in the third quarter. Wells Fargo & Company MN now owns 4,685 shares of the bank’s stock valued at $163,000 after buying an additional 899 shares in the last quarter. Alps Advisors Inc. bought a new position in Suffolk Bancorp during the third quarter valued at $412,000. JPMorgan Chase & Co. boosted its position in Suffolk Bancorp by 2.1% in the third quarter. JPMorgan Chase & Co. now owns 166,844 shares of the bank’s stock valued at $5,801,000 after buying an additional 3,500 shares during the last quarter. Context BH Capital Management LP bought a new position in Suffolk Bancorp during the third quarter valued at $2,123,000. Finally, OMERS ADMINISTRATION Corp boosted its position in Suffolk Bancorp by 64.8% in the third quarter. OMERS ADMINISTRATION Corp now owns 37,400 shares of the bank’s stock valued at $1,300,000 after buying an additional 14,700 shares during the last quarter. Hedge funds and other institutional investors own 58.84% of the company’s stock.

Shares of Suffolk Bancorp (NYSE:SCNB) traded down 1.25% during mid-day trading on Thursday, reaching $40.41. 2,197,963 shares of the company’s stock were exchanged. The company has a 50 day moving average price of $41.69 and a 200-day moving average price of $39.82. Suffolk Bancorp has a one year low of $22.88 and a one year high of $44.70.

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Suffolk Bancorp Company Profile

Suffolk Bancorp is the bank holding company for Suffolk County National Bank of Riverhead (the Bank). The Bank is a community bank, which offers commercial and retail banking services to its customers. The Bank operates over 30 branches in Nassau, Suffolk and Queens Counties, New York and loan production offices in Garden City, Melville and Long Island City.