Raymond James & Associates cut its holdings in shares of Seacoast Banking Co of Florida (NASDAQ: SBCF) by 56.6% during the third quarter, as stated in the company’s most recent Form 13F filing with the Securities and Exchange Commission (SEC).
The company’s total holding of the financial services provider’s stock was 13,591 shares as of the end of the period, following the sale of 17,735 shares during that period.
At the end of the most recent reporting period, Raymond James & Associates estimated that the value of Seacoast Banking Company of Florida was $411,000.
Several additional institutional investors have changed the percentage of the company’s stock they own due to recent events.
During the second quarter, First Horizon Advisors INC increased its investment in Florida’s Seacoast Banking Co by approximately $45,000, which increased the company’s ownership by that amount. FMR LLC increased its holdings in Florida’s Seacoast Banking Co by 24.8% over the year’s second quarter. FMR LLC now has a total of 1,559 shares of stock in the company that provides financial services after purchasing an additional 330 shares over the most recent quarter for a total of 330 shares acquired.
These shares are currently worth $55,000, which is their market value.
During the first three months of 2018, Fairfield Bush & Co paid $60,000 to acquire Seacoast Banking Co of Florida shares.
During the first three months of 2018, Captrust Financial Advisors made a 52.1% increase in the amount of Seacoast Banking Co of Florida stock it owned, bringing its total ownership percentage to 100%.
After making an additional purchase of 1,018 shares throughout the relevant time frame, Captrust Financial Advisors now has a total of 2,973 shares of stock in the financial services provider, which have a value of $104,000 because they have been combined.
Last but certainly not least, Point72 Hong Kong Ltd increased the percentage of Seacoast Banking Co of Florida shares that it held by 11,612.5 percent during the second quarter.
Point72 Hong Kong Ltd now owns 3,748 shares of the financial services provider’s stock, valued at $124,000, after making additional purchases totaling 3,716 shares during the relevant period.
These shares were acquired during the period in question.
To the tune of 86.92% of the company’s shares, hedge funds, and other institutional investors are the owners.
Several equity analysts have published recent reports on the company’s shares, and these reports are based on the most recent finding.
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