SLM Corp Sentiment Increases on Better Stock Potential

October 12, 2017 - By Darrin Black

 SLM Corp Sentiment  Increases on Better Stock Potential

Sentiment for SLM Corp (NASDAQ:SLM)

SLM Corp (NASDAQ:SLM) institutional sentiment increased to 1.27 in Q2 2017. Its up 0.30, from 0.97 in 2017Q1. The ratio has improved, as 140 investment managers increased and opened new stock positions, while 110 trimmed and sold holdings in SLM Corp. The investment managers in our partner’s database now own: 420.58 million shares, down from 424.03 million shares in 2017Q1. Also, the number of investment managers holding SLM Corp in their top 10 stock positions was flat from 3 to 3 for the same number . Sold All: 30 Reduced: 80 Increased: 96 New Position: 44.

SLM Corporation is a holding company. The company has market cap of $4.71 billion. The Company’s primary business is to originate and service loans it makes to students and their families to finance the cost of their education. It has a 17.5 P/E ratio. The Firm is a saving, planning and paying for college company.

About 869,891 shares traded. SLM Corp (NASDAQ:SLM) has risen 78.01% since October 12, 2016 and is uptrending. It has outperformed by 61.31% the S&P500.

Analysts await SLM Corp (NASDAQ:SLM) to report earnings on October, 18. They expect $0.16 earnings per share, up 33.33 % or $0.04 from last year’s $0.12 per share. SLM’s profit will be $69.07 million for 17.05 P/E if the $0.16 EPS becomes a reality. After $0.16 actual earnings per share reported by SLM Corp for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.

Antipodean Advisors Llc holds 10.53% of its portfolio in SLM Corp for 1.63 million shares. Philadelphia Financial Management Of San Francisco Llc owns 2.04 million shares or 4.21% of their US portfolio. Moreover, Ratan Capital Management Lp has 3.96% invested in the company for 834,430 shares. The Massachusetts-based Portolan Capital Management Llc has invested 2.9% in the stock. Discovery Capital Management Llc Ct, a Connecticut-based fund reported 5.74 million shares.#img1#

SLM Corp (NASDAQ:SLM) Ratings Coverage

Ratings analysis reveals 89% of Sallie Mae’s analysts are positive. Out of 9 Wall Street analysts rating Sallie Mae, 8 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $8 while the high is $15.0. The stock’s average target of $11.81 is 8.25% above today’s ($10.91) share price. SLM was included in 17 notes of analysts from October 12, 2015. As per Wednesday, August 23, the company rating was maintained by BMO Capital Markets. Citigroup initiated SLM Corp (NASDAQ:SLM) on Thursday, July 14 with “Buy” rating. The rating was maintained by Jefferies on Thursday, September 7 with “Buy”. The firm has “Buy” rating by FBR Capital given on Wednesday, July 19. The stock of SLM Corp (NASDAQ:SLM) earned “Overweight” rating by JP Morgan on Monday, November 30. The stock has “Outperform” rating by Wedbush on Tuesday, January 31. The firm has “Hold” rating by BMO Capital Markets given on Friday, October 6. The stock of SLM Corp (NASDAQ:SLM) has “Buy” rating given on Wednesday, August 10 by Goldman Sachs. The rating was maintained by Wedbush with “Buy” on Friday, July 21. The stock has “Hold” rating by BMO Capital Markets on Thursday, July 20.

Another recent and important SLM Corp (NASDAQ:SLM) news was published by Prnewswire.com which published an article titled: “Credit Services Stock Performance Review — Navient, SLM Corp., American …” on September 20, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Twitter Auto Publish Powered By : XYZScripts.com