Northrim Bancorp Inc (NASDAQ:NRIM) Institutional Investors Sentiment Increased in Q2 2018

Sentiment for Northrim Bancorp Inc (NASDAQ:NRIM)

Northrim Bancorp Inc (NASDAQ:NRIM) institutional sentiment increased to 1.63 in 2018 Q2. Its up 0.22, from 1.41 in 2018Q1. The ratio is more positive, as 39 active investment managers started new and increased stock positions, while 24 sold and reduced their equity positions in Northrim Bancorp Inc. The active investment managers in our partner’s database now possess: 4.64 million shares, down from 4.75 million shares in 2018Q1. Also, the number of active investment managers holding Northrim Bancorp Inc in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 22 Increased: 24 New Position: 15.

Northrim BanCorp, Inc. operates as bank holding firm for Northrim Bank that provides commercial banking services and products to businesses and professional individuals primarily in Alaska. The company has market cap of $227.19 million. The firm operates in two divisions, Community Banking and Home Mortgage Lending. It has a 15 P/E ratio. It offers various deposit products, including noninterest-bearing checking accounts and interest-bearing time deposits, checking accounts, and savings accounts, as well as money market deposit accounts, certificates of deposit, and courier noncash deposits.

The stock decreased 5.06% or $1.76 during the last trading session, reaching $33. About 20,250 shares traded or 51.32% up from the average. Northrim BanCorp, Inc. (NASDAQ:NRIM) has risen 48.49% since December 8, 2017 and is uptrending. It has outperformed by 32.87% the S&P500.

Analysts await Northrim BanCorp, Inc. (NASDAQ:NRIM) to report earnings on February, 4. They expect $0.77 EPS, up 67.39 % or $0.31 from last year’s $0.46 per share. NRIM’s profit will be $5.30 million for 10.71 P/E if the $0.77 EPS becomes a reality. After $0.75 actual EPS reported by Northrim BanCorp, Inc. for the previous quarter, Wall Street now forecasts 2.67 % EPS growth.

Pacific Ridge Capital Partners Llc holds 0.75% of its portfolio in Northrim BanCorp, Inc. for 82,016 shares. Private Capital Management Llc owns 110,594 shares or 0.63% of their US portfolio. Moreover, Dalton Greiner Hartman Maher & Co has 0.18% invested in the company for 87,799 shares. The Texas-based Corda Investment Management Llc. has invested 0.15% in the stock. Seizert Capital Partners Llc, a Michigan-based fund reported 91,956 shares.

Since January 1, 0001, it had 3 insider buys, and 3 sales for $96,260 activity.

More notable recent Northrim BanCorp, Inc. (NASDAQ:NRIM) news were published by: Zacks.com which released: “Why Fulton Financial (FULT) is a Great Dividend Stock – Zacks.com” on September 17, 2018, also Globenewswire.com with their article: “Northrim Bank Promotes Schierhorn to President and CEO; Beedle Remains Chairman – GlobeNewswire” published on June 26, 2017, Streetinsider.com published: “Portola Pharma (PTLA) Announces Scott Garland as President and CEO – StreetInsider.com” on September 20, 2018. More interesting news about Northrim BanCorp, Inc. (NASDAQ:NRIM) were released by: Streetinsider.com and their article: “Goodyear Tire (GT) Names Darren R. Wells as CFO – StreetInsider.com” published on September 20, 2018 as well as Streetinsider.com‘s news article titled: “Pool Corp. (POOL) Declares $0.45 Quarterly Dividend, 1.2% Yield; Appoints Debra Oler to Board – StreetInsider.com” with publication date: November 02, 2018.

Northrim BanCorp, Inc. (NASDAQ:NRIM) Institutional Positions Chart

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