South State Corp (NASDAQ:SSB) gets downgraded to Market Perform by FIG Partners

ME Staff
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Analyst Ratings For South State Corp (NASDAQ:SSB)

Today, South State Corp (NASDAQ:SSB) stock was downgraded by FIG Partners from Outperform to Market Perform.

There are 5 Hold Ratings, 1 Buy Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on South State Corp (NASDAQ:SSB) is Hold with a consensus target price of $98.50 per share, a potential 20.42% upside.

Some recent analyst ratings include

  • 7/31/2018-FIG Partners was Downgraded by analysts at FIG Partners from a “Outperform ” rating to a ” Market Perform” rating. They now have a N/A price target on the stock.
  • 7/30/2018-Brean Capital Reiterated Rating of Hold.
  • 4/25/2018-Keefe, Bruyette & Woods was Downgraded by analysts at Keefe, Bruyette & Woods from a “Outperform ” rating to a ” Market Perform” rating. They now have a N/A price target on the stock.
  • 1/24/2018-SunTrust Banks Reiterated Rating of Buy.
  • 10/5/2017-Piper Jaffray Companies Reiterated Rating of Neutral .
  • 5/12/2017-Stephens Reiterated Rating of Hold.

Recent Insider Trading Activity For South State Corp (NASDAQ:SSB)
South State Corp (NASDAQ:SSB) has insider ownership of 1.96% and institutional ownership of 74.71%.

  • On 6/7/2018 James C Cherry, Director, sold 2,715 with an average share price of $92.90 per share and the total transaction amounting to $252,223.50.
  • On 6/4/2018 Joe E Burns, Insider, sold 506 with an average share price of $90.60 per share and the total transaction amounting to $45,843.60.
  • On 5/24/2018 John F Windley, President, sold 2,300 with an average share price of $88.68 per share and the total transaction amounting to $203,964.00.
  • On 5/17/2018 Keith S Rainwater, Insider, sold 335 with an average share price of $88.60 per share and the total transaction amounting to $29,681.00.
  • On 5/11/2018 John F Windley, President, sold 7,362 with an average share price of $88.00 per share and the total transaction amounting to $647,856.00.
  • On 5/8/2018 John C Pollok, CFO, sold 3,994 with an average share price of $88.00 per share and the total transaction amounting to $351,472.00.
  • On 3/9/2018 Robert R Hill Jr, CEO, sold 9,272 with an average share price of $91.01 per share and the total transaction amounting to $843,844.72.

About South State Corp (NASDAQ:SSB)
South State Corporation operates as the bank holding company for South State Bank that provides a range of retail and commercial banking services, mortgage lending services, trust and wealth management, and consumer finance loans. The company accepts demand deposits, savings deposits, interest-bearing transaction accounts, certificates of deposit, and other time deposits; and offers lending and credit card, ATM processing, and wealth management and trust services. It serves customers through 181 financial centers in 29 South Carolina counties, 9 North Carolina counties, 19 Georgia counties, and 4 Virginia counties. The company was formerly known as First Financial Holdings, Inc. and changed its name to South State Corporation in July 2013. South State Corporation was founded in 1933 and is headquartered in Columbia, South Carolina.

Recent Trading Activity for South State Corp (NASDAQ:SSB)
Shares of South State Corp closed the previous trading session at 81.62 −5.72 6.55% with 86.05 shares trading hands.