Southern National Bancorp Of Virginia Inc (NASDAQ:SONA) Institutional Investor Positioning

Southern National Bancorp of Virginia, Inc. (NASDAQ:SONA) Logo

Sentiment for Southern National Bancorp Of Virginia Inc (NASDAQ:SONA)

Southern National Bancorp Of Virginia Inc (NASDAQ:SONA) institutional sentiment decreased to 2 in 2018 Q3. Its down -0.15, from 2.15 in 2018Q2. The ratio has dropped, as 44 institutional investors increased and opened new equity positions, while 22 decreased and sold equity positions in Southern National Bancorp Of Virginia Inc. The institutional investors in our partner’s database now hold: 17.00 million shares, up from 16.93 million shares in 2018Q2. Also, the number of institutional investors holding Southern National Bancorp Of Virginia Inc in their top 10 equity positions decreased from 4 to 3 for a decrease of 1. Sold All: 3 Reduced: 19 Increased: 32 New Position: 12.

Southern National Bancorp of Virginia, Inc. operates as the bank holding firm for Sonabank that provides commercial banking services to middle market corporate clients and retail clients in the United States. The company has market cap of $349.24 million. The Company’s deposit products include non-interest-bearing and interest-bearing checking, commercial checking, money market, and savings accounts, as well as certificates of deposit. It has a 14.17 P/E ratio. The companyÂ’s loan portfolio comprises commercial mortgage and non-mortgage loans, including commercial real estate loans, construction to permanent loans, development and builder loans, accounts receivable financing, lines of credit, equipment and vehicle loans, leasing, and commercial overdraft protection; construction loans for commercial, multifamily, and other non-residential properties; commercial business loans, such as lines of credit, revolving credit facilities, demand loans, term loans, equipment loans, small business administration loans, stand-by letters of credit, and unsecured loans; residential mortgage lending; and secured and unsecured consumer loans.

The stock increased 1.26% or $0.18 during the last trading session, reaching $14.52. About 20,818 shares traded. Southern National Bancorp of Virginia, Inc. (NASDAQ:SONA) has declined 14.18% since January 14, 2018 and is downtrending. It has underperformed by 14.18% the S&P500.

Analysts await Southern National Bancorp of Virginia, Inc. (NASDAQ:SONA) to report earnings on January, 25. They expect $0.30 earnings per share, up 15.38 % or $0.04 from last year’s $0.26 per share. SONA’s profit will be $7.22 million for 12.10 P/E if the $0.30 EPS becomes a reality. After $0.36 actual earnings per share reported by Southern National Bancorp of Virginia, Inc. for the previous quarter, Wall Street now forecasts -16.67 % negative EPS growth.

Castle Creek Capital Partners Iv Lp holds 34.37% of its portfolio in Southern National Bancorp of Virginia, Inc. for 3.23 million shares. Corbyn Investment Management Inc Md owns 597,874 shares or 3.33% of their US portfolio. Moreover, Salzhauer Michael has 2.94% invested in the company for 475,759 shares. The Ohio-based Fsi Group Llc has invested 1.57% in the stock. Banc Funds Co Llc, a Illinois-based fund reported 1.41 million shares.

Since January 1, 0001, it had 9 insider buys, and 0 sales for $171,461 activity.

More notable recent Southern National Bancorp of Virginia, Inc. (NASDAQ:SONA) news were published by: Seekingalpha.com which released: “Southern National Bancorp Of Virginia: Well-Placed For Growth, But Also Well-Valued For Its Potential – Seeking Alpha” on June 27, 2018, also Prnewswire.com with their article: “Southern National Bancorp of Virginia, Inc. Names Jeffrey Karafa Chief Financial Officer – PR Newswire” published on September 20, 2018, Prnewswire.com published: “Southern National Bancorp of Virginia, Inc. Names Joe Pennington Chief Financial Officer and Robyn Reid Controller – PR Newswire” on April 24, 2018. More interesting news about Southern National Bancorp of Virginia, Inc. (NASDAQ:SONA) were released by: Globenewswire.com and their article: “Southern National Bancorp of Virginia, Inc. and Eastern Virginia Bankshares, Inc. Announce Closing of Merger – GlobeNewswire” published on June 23, 2017 as well as Investorplace.com‘s news article titled: “5 Bank Stocks to Buy as ECB Looks to Wind Down Stimulus – Investorplace.com” with publication date: June 07, 2018.

Southern National Bancorp of Virginia, Inc. (NASDAQ:SONA) Institutional Positions Chart

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