Stellar BancorpSTEL
About: Stellar Bancorp Inc is a U.S. based bank holding company. It mainly focuses on providing commercial banking solutions to local small and mid-sized businesses and professionals. The services provided by the company include business and personal deposits account, personal and business lending, mobile and online banking, merchant banking, and others. The company more than 50 full service banking centers.
Employees: 980
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
13% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 53
6% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 17
1% more funds holding
Funds holding: 164 [Q1] → 165 (+1) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
0.04% less ownership
Funds ownership: 54.03% [Q1] → 53.99% (-0.04%) [Q2]
5% less capital invested
Capital invested by funds: $701M [Q1] → $665M (-$36.3M) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Keefe, Bruyette & Woods Catherine Mealor 80% 1-year accuracy 8 / 10 met price target | 8%upside $28 | Market Perform Maintained | 29 Jul 2024 |
Piper Sandler Stephen Scouten 67% 1-year accuracy 12 / 18 met price target | 4%upside $27 | Neutral Maintained | 29 Jul 2024 |
