News articles about TriCo Bancshares (NASDAQ:TCBK) have trended somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. TriCo Bancshares earned a news impact score of 0.09 on Accern’s scale. Accern also gave news stories about the financial services provider an impact score of 46.0248405786698 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the news stories that may have effected Accern Sentiment’s scoring:
- BidaskClub Downgrades TriCo Bancshares (TCBK) to Strong Sell (americanbankingnews.com)
- TriCo Bancshares breached its 50 day moving average in a Bearish Manner : TCBK-US : August 18, 2017 (finance.yahoo.com)
- TriCo Bancshares (TCBK) EVP Craig B. Carney Sells 5,000 Shares (americanbankingnews.com)
- Zacks: Brokerages Anticipate TriCo Bancshares (TCBK) Will Post Earnings of $0.55 Per Share (americanbankingnews.com)
- Westpac Banking Corp Acquires 5322 Shares of Union Pacific Corporation (UNP) (wobko.net)
A number of equities analysts have recently commented on the stock. BidaskClub upgraded shares of TriCo Bancshares from a “strong sell” rating to a “sell” rating in a report on Wednesday, August 9th. Zacks Investment Research upgraded shares of TriCo Bancshares from a “hold” rating to a “buy” rating and set a $41.00 price target on the stock in a report on Wednesday, August 2nd. ValuEngine upgraded shares of TriCo Bancshares from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Finally, FBR & Co reiterated a “hold” rating and set a $37.00 price target on shares of TriCo Bancshares in a report on Monday, May 1st. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company. The company has an average rating of “Hold” and an average target price of $39.00.
Shares of TriCo Bancshares (TCBK) traded up 0.17% during trading on Friday, reaching $35.47. 99,228 shares of the company were exchanged. The stock has a market capitalization of $813.15 million, a PE ratio of 16.35 and a beta of 0.89. TriCo Bancshares has a one year low of $25.43 and a one year high of $38.58. The stock has a 50-day moving average price of $36.11 and a 200-day moving average price of $35.72.
In other TriCo Bancshares news, EVP Craig B. Carney sold 5,000 shares of the company’s stock in a transaction on Wednesday, August 16th. The shares were sold at an average price of $37.25, for a total value of $186,250.00. Following the completion of the transaction, the executive vice president now directly owns 23,998 shares in the company, valued at approximately $893,925.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 9.10% of the stock is currently owned by corporate insiders.
TRADEMARK VIOLATION WARNING: This story was published by Rincon Hill News and is owned by of Rincon Hill News. If you are reading this story on another domain, it was illegally copied and republished in violation of United States & international trademark and copyright legislation. The correct version of this story can be accessed at https://rinconhillneighbors.org/2017/08/19/somewhat-favorable-press-coverage-somewhat-unlikely-to-affect-trico-bancshares-nasdaqtcbk-share-price-updated-updated.html.
About TriCo Bancshares
TriCo Bancshares is a bank holding company. The Company’s principal subsidiary is Tri Counties Bank, a California-chartered commercial bank (the Bank). The Bank offers banking services to retail customers and small to medium-sized businesses through 68 branch offices in Northern and Central California.
Receive News & Ratings for TriCo Bancshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TriCo Bancshares and related companies with our FREE daily email newsletter.