TriState Capital Holdings (TSC) VP Brian S. Fetterolf Purchases 900 Shares of Stock

TriState Capital Holdings (NASDAQ:TSC) VP Brian S. Fetterolf bought 900 shares of the company’s stock in a transaction that occurred on Thursday, May 24th. The stock was purchased at an average cost of $25.57 per share, for a total transaction of $23,013.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Shares of TriState Capital traded up $0.05, hitting $25.50, during trading on Friday, MarketBeat.com reports. 122,321 shares of the company were exchanged, compared to its average volume of 124,842. The firm has a market capitalization of $737.89 million, a price-to-earnings ratio of 18.99, a price-to-earnings-growth ratio of 1.38 and a beta of 0.38. TriState Capital Holdings has a fifty-two week low of $20.30 and a fifty-two week high of $27.25. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.76.

TriState Capital (NASDAQ:TSC) last posted its quarterly earnings results on Wednesday, April 18th. The financial services provider reported $0.36 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.35 by $0.01. The firm had revenue of $37.35 million for the quarter, compared to analyst estimates of $37.99 million. TriState Capital had a return on equity of 10.05% and a net margin of 21.12%. analysts anticipate that TriState Capital Holdings will post 1.54 earnings per share for the current year.



Several large investors have recently bought and sold shares of TSC. BlackRock Inc. increased its position in shares of TriState Capital by 41.9% during the 1st quarter. BlackRock Inc. now owns 1,847,540 shares of the financial services provider’s stock worth $42,954,000 after purchasing an additional 545,224 shares during the last quarter. Millennium Management LLC boosted its stake in shares of TriState Capital by 1,932.5% during the 1st quarter. Millennium Management LLC now owns 365,953 shares of the financial services provider’s stock worth $8,508,000 after acquiring an additional 347,948 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of TriState Capital by 14.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,069,693 shares of the financial services provider’s stock worth $24,870,000 after acquiring an additional 138,565 shares during the period. Fuller & Thaler Asset Management Inc. boosted its stake in shares of TriState Capital by 92.6% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 191,800 shares of the financial services provider’s stock worth $4,411,000 after acquiring an additional 92,200 shares during the period. Finally, 1492 Capital Management LLC boosted its stake in shares of TriState Capital by 137.4% during the 4th quarter. 1492 Capital Management LLC now owns 94,104 shares of the financial services provider’s stock worth $2,164,000 after acquiring an additional 54,462 shares during the period. 58.75% of the stock is currently owned by hedge funds and other institutional investors.

TSC has been the topic of a number of recent research reports. Zacks Investment Research lowered TriState Capital from a “hold” rating to a “sell” rating in a research report on Thursday, March 29th. Keefe, Bruyette & Woods reaffirmed a “buy” rating and set a $32.00 price target on shares of TriState Capital in a research report on Tuesday, February 27th. BidaskClub raised TriState Capital from a “sell” rating to a “hold” rating in a research report on Friday, April 13th. Finally, Boenning Scattergood reaffirmed a “hold” rating on shares of TriState Capital in a research report on Friday, January 26th. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. TriState Capital currently has an average rating of “Hold” and an average target price of $29.25.

About TriState Capital

TriState Capital Holdings, Inc operates as the bank holding company for TriState Capital Bank that provides various commercial and private banking services to middle-market businesses and high-net-worth individuals in the United States. The company operates in two segments, Bank and Investment Management.

Insider Buying and Selling by Quarter for TriState Capital (NASDAQ:TSC)

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