How Many Independent Bank Corporation (NASDAQ:IBCP)'s Analysts Are Bearish?

The stock has a market cap of $503.48, a PE ratio of 19.34, a P/E/G ratio of 1.81 and a beta of 0.25.

Independent Bank Co.(MI) (NASDAQ:IBCP) last issued its quarterly earnings results on Tuesday, January 30th. It has outperformed by 47.36% the S&P500. We have $32.24 PT which if reached, will make NYSE:IPHI worth $40.50M more.

Castine Capital Management Llc increased Independent Bk Group Inc (IBTX) stake by 36.02% reported in 2017Q3 SEC filing. Rafferty Asset Management Llc sold 92,375 shares as the company's stock declined 19.98% while stock markets rallied. The Ejf Capital Llc holds 750,000 shares with $16.99M value, down from 1.45 million last quarter. Jd.Com Inc now has $64.98B valuation.

The stock increased 1.63% or $0.46 during the last trading session, reaching $28.66. About 733,973 shares traded.

Harbourvest Partners Llc decreased its stake in Independent Bank Group Inc. TransCanada Corporation (NYSE:TRP) has risen 15.03% since March 9, 2017 and is uptrending. Therefore 25% are positive. Independent Bank Corporation had 13 analyst reports since July 29, 2015 according to SRatingsIntel. (NASDAQ:IBTX) has "Buy" rating given on Monday, July 24 by Stephens. Five investment analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The firm has "Overweight" rating given on Monday, April 25 by Piper Jaffray. Finally, Keefe, Bruyette & Woods reaffirmed a "hold" rating and issued a $24.00 price objective on shares of Independent Bank Co.(MI) in a report on Friday, December 8th. The Company owns all of the outstanding stock of Independent Bank (the Bank). (NASDAQ:IBTX) on Wednesday, December 9 to "Equal-Weight" rating. (NASDAQ:IBTX). Barclays Public Ltd Com reported 2,620 shares. The stock has "Market Perform" rating by Hovde Group on Friday, September 23. TheStreet downgraded Independent Bank Group, Inc.

Investors sentiment increased to 1.37 in 2017 Q3. Its up 0.38, from 1.4 in 2017Q2.

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Several other institutional investors and hedge funds have also recently bought and sold shares of IBCP. 14 funds opened positions while 38 raised stakes. Basswood Capital Management L.L.C. now owns 458,325 shares of the financial services provider's stock valued at $10,244,000 after purchasing an additional 135,754 shares during the period. Independent Bank earned a media sentiment score of 0.04 on Accern's scale. Moreover, Rbf Capital Llc has 0.09% invested in the company for 30,000 shares. United Kingdom-based Legal General Grp Inc Pcl has invested 0% in Independent Bank Corporation (NASDAQ:IBCP). BidaskClub lowered shares of Independent Bank from a "hold" rating to a "sell" rating in a research note on Friday, January 5th. (NASDAQ:IBTX) for 277,242 shares. Stieven Cap Advisors Lp owns 0.55% invested in Independent Bank Corporation (NASDAQ:IBCP) for 127,700 shares. (NASDAQ:IBTX). Schwab Charles Investment Management invested in 85,425 shares. Eqis Management Incorporated owns 5,822 shares. SunTrust maintained Independent Bank Group, Inc. State Street has 0% invested in Independent Bank Group, Inc. The institutional investor held 140,930 shares of the natural gas distribution company at the end of 2017Q3, valued at $6.97M, up from 108,911 at the end of the previous reported quarter.

Since October 13, 2017, it had 1 buy, and 7 insider sales for $7.59 million activity. 7,500 shares valued at $487,500 were sold by Hobart Brian E on Thursday, October 26.

Independent Bank Corporation operates as the bank holding firm for Independent Bank that provides various banking services to individuals and businesses in MI. (NASDAQ:PLCE) to report earnings on March, 14.

Among 8 analysts covering Independent Bank Corporation (NASDAQ:IBCP), 2 have Buy rating, 0 Sell and 6 Hold. The bank reported $0.90 EPS for the quarter, missing the Zacks' consensus estimate of $0.93 by ($0.03). This is an increase from Independent Bank Group's previous quarterly dividend of $0.10. (NASDAQ:IBTX). Strs Ohio holds 17,448 shares or 0% of its portfolio. Ameritas Inc holds 0% or 1,550 shares. 482,159 were reported by Elk Creek Ptnrs Ltd Limited Liability Company. Bancorporation Of America De reported 0% stake. Millennium Lc accumulated 10,854 shares. Foundry holds 306,245 shares. Capital Global Invsts has invested 0.06% in Inphi Corporation (NYSE:IPHI). Shares for $2.92 million were sold by Cifu Douglas A on Thursday, March 1. Tiaa Cref Invest Mgmt Limited Liability Corporation stated it has 0% of its portfolio in Inphi Corporation (NYSE:IPHI).

Among 39 analysts covering Viacom Inc. Viacom Inc. had 132 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has "Buy" rating by Keefe Bruyette & Woods given on Monday, February 26. The firm earned "Outperform" rating on Wednesday, November 4 by RBC Capital Markets. The firm has "Market Perform" rating by Wells Fargo given on Friday, August 7. Sandler O'Neill maintained it with "Buy" rating and $82.0 target in Tuesday, January 30 report. The company now has an average rating of "Hold" and a consensus price target of $73.00. (NASDAQ:VIAB) rating on Monday, February 12. The stock of TransCanada Corporation (NYSE:TRP) earned "Outperform" rating by Wolfe Research on Monday, May 15. Keefe Bruyette & Woods maintained Independent Bank Corporation (NASDAQ:IBCP) rating on Thursday, December 21. Finally, Keefe, Bruyette & Woods reiterated a "hold" rating on shares of Independent Bank in a research note on Sunday, January 21st.

Inphi Corporation provides high-speed analog and mixed signal semiconductor solutions for the communications, datacenter, and computing markets worldwide. The company has market cap of $519.48 million. It now has negative earnings. $6,786 worth of Inphi Corporation (NYSE:IPHI) was sold by Torten Ron on Wednesday, January 3. Another trade for 5,000 shares valued at $124,650 was bought by SRINIVASAN SAM.

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