Phocas Financial Corp Increased Its Carolina Financ (CARO) Stake by $3.95 Million

Carolina Financial Corporation (NASDAQ:CARO) Corporate Logo

According to 2018Q2 SEC form the Phocas Financial Corp upped its holdings in Carolina Financ (CARO) by 33.07%. The company’s stock sank 3.63% while Phocas Financial Corp bought 94,139 shares. At the end of 2018Q2, the 378,770 shares of the major banks company held by the institutional investor were valued at $16.26 million, up from 284,631 at the end of the previous reported quarter. $741.49 million is Carolina Financ’s market cap. CARO is reaching $33.05 during the last trading session, after decreased 0.45%.Carolina Financial Corporation has 84,762 shares volume, 23.40% up from normal. CARO is uptrending and has moved 18.67% since December 8, 2017. The stock outperformed the S&P 500 by 3.05%.

The Phocas Financial Corp’s stake in Diplomat Pharmacy Inc (NYSE:DPLO) was decreased by 423,709 shares to 204,290 shares valued at $5.22 million in 2018Q2, according to the filing. It operates about $1.01 billion and $1.16B US Long portfolio. For a total of 183,502 shares it reduced its holding in Banner Corp (NASDAQ:BANR) by 98,946 shares in the quarter, and has cut its stake in Mks Instrument Inc (NASDAQ:MKSI).

For more Carolina Financial Corporation (NASDAQ:CARO) news brought out briefly go to: Nasdaq.com, Nasdaq.com, Globenewswire.com, Seekingalpha.com or Nasdaq.com. The titles are as follows: “Hancock Whitney (HWC) Q3 Earnings In Line, Revenues Increase – Nasdaq” brought out on October 17, 2018, “F.N.B. Ratings Reiterated by Moody’s, Outlook Downgraded – Nasdaq” on April 03, 2018, “Carolina Financial Corporation Announces Second Quarter 2018 Earnings Release and Conference Call – GlobeNewswire” with a publish date: July 11, 2018, “Stocks To Watch: Calling Up Animal Spirits – Seeking Alpha” and the last “New Strong Sell Stocks for August 28th – Nasdaq” with publication date: August 28, 2018.

Carolina Financial Corporation (NASDAQ:CARO) Ratings Coverage

A total of 3 analysts rate Carolina Financial Corporation (NASDAQ:CARO) as follows: 2 “Buy”, 1 “Hold” and 0 “Sell”. Š¢herefore 67% are bullish. (NASDAQ:CARO) has 3 ratings reports on 8 Dec 2018 according to StockzIntelligence. On Tuesday, July 10 the stock of Carolina Financial Corporation (NASDAQ:CARO) earned “Market Perform” rating by Wood. On Friday, October 26 Raymond James maintained Carolina Financial Corporation (NASDAQ:CARO) with “Outperform” rating. The stock rating was maintained by Brean Capital with “Buy” on Monday, June 11.

Carolina Financial Corporation (NASDAQ:CARO) Analyst Ratings Chart

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