Bank Of Commerce Holdings Q3 2015 Institutional Investor Sentiment Better Than Expected

Sentiment for Bank Of Commerce Holdings (NASDAQ:BOCH)

Bank Of Commerce Holdings (NASDAQ:BOCH) institutional sentiment increased to 2.2 in 2015 Q3. Its up 1.40, from 0.8 in 2015Q2. The ratio has improved, as 12 institutional investors increased and started new stock positions, while 15 reduced and sold positions in Bank Of Commerce Holdings. The institutional investors in our partner’s database reported: 8.26 million shares, up from 3.77 million shares in 2015Q2. Also, the number of institutional investors holding Bank Of Commerce Holdings in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 7 Reduced: 8 Increased: 11 New Position: 1.

Bank of Commerce Holdings is a bank holding company. The company has a market cap of $91.88 million. The Company’s principal business is to serve as a holding firm for Redding Bank of Commerce (Bank), which operates under two separate names (Redding Bank of Commerce and Sacramento Bank of Commerce). It has 10.72 P/E ratio. The Bank operates four full service facilities in two diverse markets in Northern California.

About 5,088 shares traded hands. Bank of Commerce Holdings (NASDAQ:BOCH) has risen 16.29% since August 6, 2015 and is uptrending. It has outperformed by 19.23% the S&P500.

Analysts await Bank of Commerce Holdings (NASDAQ:BOCH) to reports earnings on May, 5. They expect $0.16 earnings per share, up 23.08% or $0.03 from last year’s $0.13 per share. BOCH’s profit will be $2.21 million for 10.39 P/E if the $0.16 EPS becomes reality. After $0.13 actual earnings per share reported by Bank of Commerce Holdings for the previous quarter, Wall Street now forecasts 23.08% EPS growth.

According to Zacks Investment Research, “Bank of Commerce Holdings is a financial service holding company that owns Redding Bank of Commerce, Roseville Bank of Commerce, a division of Redding Bank of Commerce and Bank of Commerce Mortgage, an affiliate of Redding Bank of Commerce and Roseville Bank of Commerce.”

Pacific Ridge Capital Partners Llc holds 0.98% of its portfolio in Bank of Commerce Holdings for 344,090 shares. First Wilshire Securities Management Inc owns 152,750 shares or 0.23% of their US portfolio. Moreover, Moab Capital Partners Llc has 0.23% invested in the company for 115,013 shares. The Illinois-based Banc Funds Co Llc has invested 0.14% in the stock. Maltese Capital Management Llc, a New York-based fund reported 180,000 shares.#img1#

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