E*TRADE Financial Corporation (ETFC) With $61.67 Price Forms Wedge Up

June 29, 2018 - By Georgina Andrews

E*TRADE Financial Corporation (NASDAQ:ETFC) Corporate Logo

Big Money Sentiment decreased to 0.88 in 2018 Q1. It has change of 0.08, from 2017Q4’s 0.96. The ratio turned negative due to E*TRADE Financial Corporation positioning: 39 sold and 168 reduced. 60 funds bought positions and 122 increased positions. Investors holded 238.15 million in 2017Q4 but now own 236.43 million shares or 0.72% less.
Lmr Ptnrs Ltd Liability Partnership holds 0.17% or 32,441 shs. Advent Corp Ma invested in 212,519 shs or 0.24% of the stock. Sumitomo Mitsui Asset Ltd holds 18,677 shs. 869,605 are held by Jpmorgan Chase. Richard Bernstein Limited Liability Company invested in 7,955 shs. Robeco Institutional Asset Mgmt Bv holds 0.19% or 718,650 shs in its capital. Stratos Wealth Prtn Ltd invested in 0% or 1,299 shs. Bancorp Of Nova Scotia invested 0.09% of its capital in E*TRADE Financial Corporation (NASDAQ:ETFC). Twin Capital Mngmt reported 15,649 shs. Sterling Capital Mngmt Limited Liability Corp owns 1.14% invested in E*TRADE Financial Corporation (NASDAQ:ETFC) for 2.19 million shs. Twin Tree Management Lp holds 18,406 shs or 0.01% of its capital. Piedmont Advsrs Limited accumulated 128,595 shs. Louisiana State Employees Retirement Systems has invested 0.04% in E*TRADE Financial Corporation (NASDAQ:ETFC). Guardian Life Insurance Co Of America has invested 0.01% in E*TRADE Financial Corporation (NASDAQ:ETFC). Contravisory Inv Mngmt holds 0.18% or 8,591 shs.

E*TRADE Financial Corporation had 6 sales and 0 buys since January 30, 2018. This’s net activity of $12.52 million. Pizzi Michael A. sold $3.60M worth of stock. LAWSON RODGER A sold $675,418 worth of stock or 13,174 shs. 2,000 shs valued at $105,500 were sold by SCLAFANI JOSEPH L on Tuesday, January 30. 115,059 shs were sold by Roessner Karl A, worth $5.96 million. $1.77 million worth of E*TRADE Financial Corporation (NASDAQ:ETFC) shs were sold by Curcio Michael John.

E*TRADE Financial Corporation (ETFC) formed up wedge with $63.52 price target or 3.00 % above Jun, 29, $61.67 stock price. The company’s valuation will be $488.19M more at $63.52 price target.

ETFC touched $61.67 during the last trading session after $0.08 change.E*TRADE Financial Corporation has volume of 647,247 shares. Since June 29, 2017 ETFC has risen 82.27% and is uptrending. ETFC outperformed by 69.70% the S&P 500.

On July, 19 WallStreet awaited E*TRADE Financial Corporation (NASDAQ:ETFC)’s earnings release, according to RTT. Last year’s earnings per share was $0.52, while now analysts expect change of 69.23 % up from current $0.88 earnings per share. If reported the P/E will be 17.52 with $232.21 million profit. 0.00 % EPS growth is what analysts predict. $0.88 earnings per share was published for last quarter.

E*TRADE Financial Corporation (NASDAQ:ETFC) Ratings Coverage

In total 14 analysts cover E*TRADE Financial (NASDAQ:ETFC). “Buy” rating has 12, “Sell” are 0, while 2 are “Hold”. 86% are bullish. 29 are the (NASDAQ:ETFC)’s analyst reports since January 3, 2018 according to StockzIntelligence Inc. On Friday, April 20 the stock of E*TRADE Financial Corporation (NASDAQ:ETFC) has “Hold” rating given by Sandler O’Neill. On Tuesday, March 6 the firm earned “Outperform” rating by Wood. On Monday, March 12 the stock has “Strong Buy” rating by Raymond James. On Thursday, April 19 Keefe Bruyette & Woods maintained the shares of ETFC in report with “Buy” rating. On Friday, January 26 the rating was maintained by SunTrust with “Buy”. On Wednesday, March 14 the firm has “Hold” rating given by Sandler O’Neill. On Friday, January 26 the firm has “Buy” rating given by UBS. On Thursday, January 25 the company was maintained by Keefe Bruyette & Woods. On Wednesday, April 11 the firm has “Buy” rating given by Keefe Bruyette & Woods. In Monday, May 21 report Wells Fargo maintained it with “Buy” rating and $7300 target.

There’s a substantial E*TRADE Financial Corporation (NASDAQ:ETFC) news posted by Streetinsider.com. It’s an article titled: “E*TRADE Financial (ETFC) May DARTs Increase 1% MoM” on June 14, 2018.

E*TRADE Financial Corporation (NASDAQ:ETFC) Institutional Investors Chart

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