Atlantic Coast Financial Corp (ACFC) EPS Estimated At $0.07

July 17, 2017 - By Marry Poplack

 Atlantic Coast Financial Corp (ACFC) EPS Estimated At $0.07
Investors sentiment decreased to 0.56 in 2016 Q4. Its down 1.07, from 1.63 in 2016Q3. It dropped, as 5 investors sold Atlantic Coast Financial Corp shares while 11 reduced holdings. 1 funds opened positions while 8 raised stakes. 7.24 million shares or 4.63% less from 7.59 million shares in 2016Q3 were reported.
Bard Associate has 0.36% invested in Atlantic Coast Financial Corp (NASDAQ:ACFC) for 114,450 shares. Dimensional Fund Advisors Lp invested in 0% or 107,823 shares. 1.01M were reported by Pl Limited Company. 239,100 were accumulated by Renaissance Technologies Limited Company. Blackrock Fund Advsrs holds 0% of its portfolio in Atlantic Coast Financial Corp (NASDAQ:ACFC) for 43,978 shares. North Carolina-based Retail Bank Of America Corp De has invested 0% in Atlantic Coast Financial Corp (NASDAQ:ACFC). Wellington Grp Llp reported 680,246 shares. Mendon Advisors has 0.49% invested in Atlantic Coast Financial Corp (NASDAQ:ACFC). Blackrock Institutional Trust Na invested in 10,027 shares. Blackrock Investment Ltd, New Jersey-based fund reported 2,478 shares. Rmb Mgmt Limited holds 0.31% or 835,547 shares in its portfolio. 904,707 were reported by Ejf Capital Ltd Liability Co. California Employees Retirement Sys holds 13,186 shares. Alliancebernstein Limited Partnership invested in 253,181 shares or 0% of the stock. Emerald Mutual Fund Advisers Tru has invested 0.07% in Atlantic Coast Financial Corp (NASDAQ:ACFC).

Analysts expect Atlantic Coast Financial Corp (NASDAQ:ACFC) to report $0.07 EPS on July, 26.They anticipate $0.02 EPS change or 22.22 % from last quarter’s $0.09 EPS. ACFC’s profit would be $1.10 million giving it 27.46 P/E if the $0.07 EPS is correct. After having $0.10 EPS previously, Atlantic Coast Financial Corp’s analysts see -30.00 % EPS growth. About 17,803 shares traded or 15.92% up from the average. Atlantic Coast Financial Corp (NASDAQ:ACFC) has risen 25.44% since July 18, 2016 and is uptrending. It has outperformed by 8.74% the S&P500.

Atlantic Coast Financial Corporation is a thrift holding company. The company has market cap of $121.24 million. The Company, through its subsidiary, Atlantic Coast Bank , a federally chartered and insured stock savings bank supervised by the Office of the Comptroller of the Currency (the OCC), serves the Northeast Florida, Central Florida and Southeast Georgia markets. It has a 18.96 P/E ratio. The Bank focuses on attracting deposits and investing those funds primarily in loans, including commercial real estate loans, consumer loans, first mortgages on owner-occupied, one- to four-family residences and home equity loans.

More news for Atlantic Coast Financial Corp (NASDAQ:ACFC) were recently published by: Businesswire.com, which released: “Atlantic Coast Financial Corporation Re-Elects Directors W. Eric Palmer, Jay S …” on May 23, 2017. Jacksonville.com‘s article titled: “US Treasury releases Atlantic Coast Financial Corp. from financial constraints” and published on March 31, 2015 is yet another important article.

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