Analysts See $0.50 EPS for Associated Banc-Corp (ASB); Nuveen Intermediate Duration Quality Municipal Term Fund Has 0.88 Sentiment

Associated Banc-Corp (NYSE:ASB) Logo

Nuveen Intermediate Duration Quality Municipal Term Fund (NIQ) investors sentiment decreased to 0.88 in 2018 Q4. It’s down -0.92, from 1.8 in 2018Q3. The ratio dropped, as 14 hedge funds started new or increased positions, while 16 trimmed and sold stakes in Nuveen Intermediate Duration Quality Municipal Term Fund. The hedge funds in our database now hold: 2.75 million shares, up from 2.59 million shares in 2018Q3. Also, the number of hedge funds holding Nuveen Intermediate Duration Quality Municipal Term Fund in top ten positions was flat from 0 to 0 for the same number . Sold All: 7 Reduced: 9 Increased: 12 New Position: 2.

Analysts expect Associated Banc-Corp (NYSE:ASB) to report $0.50 EPS on April, 18.They anticipate $0.00 EPS change or 0.00% from last quarter’s $0.5 EPS. ASB’s profit would be $81.16M giving it 11.52 P/E if the $0.50 EPS is correct. After having $0.50 EPS previously, Associated Banc-Corp’s analysts see 0.00% EPS growth. The stock increased 0.22% or $0.05 during the last trading session, reaching $23.04. About 98,465 shares traded. Associated Banc-Corp (NYSE:ASB) has declined 6.19% since March 14, 2018 and is downtrending. It has underperformed by 10.56% the S&P500. Some Historical ASB News: 01/05/2018 – ASSOCIATED BANC-CORP TO BUY ANDERSON INSURANCE & INVESTMENT; 21/03/2018 Associated Banc-Corp Raises Prime Rate to 4.75% From 4.50%; 02/04/2018 – ASSOCIATED BANC-CORP: FILES MIXED SECURITIES SHELF; 20/04/2018 – ASSOCIATED BANC-CORP ASB.N : KBW RAISES TARGET PRICE TO $29 FROM $27; 23/04/2018 – DJ Associated Banc-Corp, Inst Holders, 1Q 2018 (ASB); 11/04/2018 – Associated Bank offers Milwaukee Brewers fans the “Home Crew Advantage”; 18/05/2018 – Report: Developing Opportunities within AG Mortgage Investment Trust, Associated Banc-Corp, Reata Pharmaceuticals, Nathan’s Fam; 19/04/2018 – Associated Banc-Corp 1Q Net Income Available to Common Equity of $67M; 01/05/2018 – Associated Banc-Corp: Terms of Transaction Not Disclosed; 03/05/2018 – Associated Bank recognized by Fannie Mae as STAR Performer for mortgage servicing excellence for sixth year

More notable recent Associated Banc-Corp (NYSE:ASB) news were published by: Twst.com which released: “Associated Banc-Corp (NYSE:ASB) is Building a Book of Business for Wisconsin and Beyond – The Wall Street Transcript” on February 26, 2019, also Prnewswire.com with their article: “Milwaukee Brewers’ Christian Yelich joins the Associated Bank team – PRNewswire” published on March 08, 2019, Prnewswire.com published: “Associated Banc-Corp receives regulatory approval to acquire Wisconsin banking operations of The Huntington National Bank – PRNewswire” on February 15, 2019. More interesting news about Associated Banc-Corp (NYSE:ASB) were released by: Streetinsider.com and their article: “Associated Banc-Corp (ASB) Prices $100M Preferred Stock Offering and Approves $200M Stock Repurchase Program – StreetInsider.com” published on September 19, 2018 as well as Seekingalpha.com‘s news article titled: “Associated Banc-Corp (ASB) CEO Philip Flynn on Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” with publication date: January 24, 2019.

Associated Banc-Corp, a bank holding company, provides various banking and nonbanking products to individuals and businesses primarily in Wisconsin, Illinois, and Minnesota. The company has market cap of $3.74 billion. The Company’s Corporate and Commercial Specialty segment offers deposit and cash management solutions, such as commercial checking and interest-bearing deposit products, cash vault and night depository services, liquidity solutions, payables and receivables solutions, and information services; and lending solutions, including commercial loans and lines of credit, commercial real estate financing, construction loans, letters of credit, leasing, asset based lending, and loan syndications. It has a 12.19 P/E ratio. This segment also provides specialized financial services that comprise interest rate risk management, foreign exchange solutions, and commodity hedging services.

Among 4 analysts covering Associated Banc (NYSE:ASB), 2 have Buy rating, 1 Sell and 1 Hold. Therefore 50% are positive. Associated Banc had 5 analyst reports since September 18, 2018 according to SRatingsIntel. The rating was downgraded by Bank of America to “Underperform” on Thursday, January 10. The rating was maintained by Morgan Stanley on Tuesday, December 11 with “Equal-Weight”. The stock of Associated Banc-Corp (NYSE:ASB) earned “Equal-Weight” rating by Morgan Stanley on Tuesday, September 18. The rating was upgraded by Jefferies on Tuesday, January 8 to “Buy”. The stock has “Outperform” rating by Robert W. Baird on Friday, October 19.

Investors sentiment decreased to 0.77 in Q4 2018. Its down 0.36, from 1.13 in 2018Q3. It worsened, as 28 investors sold Associated Banc-Corp shares while 86 reduced holdings. 31 funds opened positions while 57 raised stakes. 123.07 million shares or 1.65% less from 125.13 million shares in 2018Q3 were reported. First Hawaiian National Bank holds 0.03% of its portfolio in Associated Banc-Corp (NYSE:ASB) for 23,552 shares. Foundry Ptnrs Ltd Liability reported 725,849 shares or 0.72% of all its holdings. Laurion Cap Management Lp holds 0.02% in Associated Banc-Corp (NYSE:ASB) or 45,716 shares. Insight 2811 accumulated 0.17% or 10,000 shares. Comml Bank Of America De has invested 0% in Associated Banc-Corp (NYSE:ASB). Fifth Third Bank & Trust owns 1,317 shares for 0% of their portfolio. Vanguard holds 0.01% or 15.39 million shares. California Employees Retirement Sys invested in 454,601 shares or 0.01% of the stock. Cubist Systematic Strategies Lc holds 0.01% or 15,201 shares. Thompson Investment Mngmt invested in 0.7% or 150,115 shares. Dalton Greiner Hartman Maher holds 923,738 shares. Principal Grp Inc holds 0.02% of its portfolio in Associated Banc-Corp (NYSE:ASB) for 731,710 shares. Alps Advsr invested 0% in Associated Banc-Corp (NYSE:ASB). Charles Schwab Invest Mngmt has 1.21M shares for 0.02% of their portfolio. Picton Mahoney Asset Mgmt owns 29,700 shares for 0.05% of their portfolio.

The stock decreased 0.07% or $0.01 during the last trading session, reaching $12.86. About 6,130 shares traded. Nuveen Intermediate Duration Quality Municipal Term Fund (NIQ) has risen 2.55% since March 14, 2018 and is uptrending. It has underperformed by 1.82% the S&P500.

Nuveen Intermediate Duration Quality Municipal Term Fund is a close ended fixed income mutual fund launched by Nuveen Investments Inc. The company has market cap of $. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It currently has negative earnings. It invests into public fixed income markets of the United States.

Associated Banc-Corp (NYSE:ASB) Ratings Chart