Atlantic American (AAME) At $3.30 Forms Bottom; Melrose Bancorp (MELR) Sentiment Is 2

Melrose Bancorp, Inc. (NASDAQ:MELR) Logo

Atlantic American Corporation (AAME) formed multiple bottom with $3.00 target or 9.00% below today’s $3.30 share price. Atlantic American Corporation (AAME) has $67.32 million valuation. The stock decreased 1.49% or $0.05 during the last trading session, reaching $3.3. About 3,284 shares traded or 72.48% up from the average. Atlantic American Corporation (NASDAQ:AAME) has declined 16.33% since April 10, 2017 and is downtrending. It has underperformed by 27.88% the S&P500.

Melrose Bancorp (MELR) investors sentiment decreased to 2 in 2017 Q4. It’s down -0.50, from 2.5 in 2017Q3. The ratio dropped, as 4 investment managers started new or increased holdings, while 2 decreased and sold positions in Melrose Bancorp. The investment managers in our database now possess: 512,385 shares, down from 516,740 shares in 2017Q3. Also, the number of investment managers holding Melrose Bancorp in top ten holdings was flat from 0 to 0 for the same number . Sold All: 0 Reduced: 2 Increased: 2 New Position: 2.

Seidman Lawrence B holds 1.67% of its portfolio in Melrose Bancorp, Inc. for 108,862 shares. Maltese Capital Management Llc owns 129,132 shares or 0.19% of their US portfolio. Moreover, Mendon Capital Advisors Corp has 0.02% invested in the company for 11,851 shares. The Michigan-based Seizert Capital Partners Llc has invested 0.02% in the stock. Alliancebernstein L.P., a New York-based fund reported 70,842 shares.

Melrose Bancorp, Inc. operates as the bank holding firm for Melrose Cooperative Bank that provides various banking services and products. The company has market cap of $51.76 million. The firm accepts a range of deposit accounts, such as savings, money market, demand, and NOW accounts, as well as certificates of deposit. It has a 26.18 P/E ratio. The Company’s loan products include one- to four-family residential real estate loans, home equity loans and lines of credit, commercial real estate loans, construction loans, and consumer loans.

It closed at $19.9 lastly. It is down 33.80% since April 10, 2017 and is uptrending. It has outperformed by 22.25% the S&P500.

Investors sentiment decreased to 3 in Q4 2017. Its down 0.50, from 3.5 in 2017Q3. It turned negative, as 2 investors sold Atlantic American Corporation shares while 1 reduced holdings. 3 funds opened positions while 6 raised stakes. 1.05 million shares or 50.28% less from 2.11 million shares in 2017Q3 were reported. Dimensional Fund Advsrs Lp, a Texas-based fund reported 601,117 shares. Fincl Bank Of Ny Mellon stated it has 0% in Atlantic American Corporation (NASDAQ:AAME). Homrich & Berg owns 10,000 shares or 0% of their US portfolio. Tower Research Cap Ltd Liability (Trc) reported 0% stake. Bridgeway Capital Mgmt Inc reported 56,056 shares. The Illinois-based Northern Tru Corporation has invested 0% in Atlantic American Corporation (NASDAQ:AAME). Georgia-based Suntrust Banks has invested 0% in Atlantic American Corporation (NASDAQ:AAME). Natl Bank Of America De holds 0% in Atlantic American Corporation (NASDAQ:AAME) or 459 shares. Teton Advsrs Inc accumulated 20,000 shares. Shufro Rose And Ltd Liability holds 0.01% or 36,050 shares in its portfolio. Wells Fargo And Mn reported 46,548 shares stake. Blackrock invested in 18,820 shares or 0% of the stock. Renaissance Tech Ltd Limited Liability Company holds 49,400 shares or 0% of its portfolio. Morgan Stanley owns 0% invested in Atlantic American Corporation (NASDAQ:AAME) for 148 shares. Royal Bank & Trust Of Canada has 1 shares.

Melrose Bancorp, Inc. (NASDAQ:MELR) Institutional Positions Chart