Dimensional Fund Advisors LP purchased a new position in shares of National Commerce Corporation (NASDAQ:NCOM) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 42,468 shares of the financial services provider’s stock, valued at approximately $1,554,000. Dimensional Fund Advisors LP owned approximately 0.33% of National Commerce Corporation as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of NCOM. Bank of Montreal Can raised its holdings in shares of National Commerce Corporation by 36.0% during the 1st quarter. Bank of Montreal Can now owns 6,054 shares of the financial services provider’s stock worth $222,000 after buying an additional 1,604 shares in the last quarter. Nationwide Fund Advisors raised its holdings in shares of National Commerce Corporation by 100.8% during the 1st quarter. Nationwide Fund Advisors now owns 10,878 shares of the financial services provider’s stock worth $398,000 after buying an additional 5,461 shares in the last quarter. Russell Investments Group Ltd. raised its holdings in shares of National Commerce Corporation by 475.9% during the 1st quarter. Russell Investments Group Ltd. now owns 12,094 shares of the financial services provider’s stock worth $442,000 after buying an additional 9,994 shares in the last quarter. First Trust Advisors LP raised its holdings in shares of National Commerce Corporation by 13.6% during the 1st quarter. First Trust Advisors LP now owns 31,946 shares of the financial services provider’s stock worth $1,169,000 after buying an additional 3,822 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in shares of National Commerce Corporation by 12.9% during the 1st quarter. Bank of New York Mellon Corp now owns 43,015 shares of the financial services provider’s stock worth $1,574,000 after buying an additional 4,915 shares in the last quarter. 47.21% of the stock is owned by institutional investors.

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A number of research firms have recently commented on NCOM. Stephens set a $41.00 price target on National Commerce Corporation and gave the stock a “hold” rating in a report on Thursday, August 17th. BidaskClub raised National Commerce Corporation from a “sell” rating to a “hold” rating in a report on Saturday, August 26th. Keefe, Bruyette & Woods reissued a “hold” rating and set a $38.00 price target on shares of National Commerce Corporation in a report on Friday, May 12th. ValuEngine cut National Commerce Corporation from a “buy” rating to a “hold” rating in a report on Saturday, July 8th. Finally, Zacks Investment Research raised National Commerce Corporation from a “sell” rating to a “hold” rating in a report on Friday, July 28th. Seven equities research analysts have rated the stock with a hold rating, The stock currently has a consensus rating of “Hold” and a consensus target price of $39.00.

National Commerce Corporation (NASDAQ:NCOM) traded up 0.25% during trading on Monday, hitting $39.85. The stock had a trading volume of 26,431 shares. The stock has a market capitalization of $560.69 million, a P/E ratio of 22.21 and a beta of 1.07. The company has a 50-day moving average of $39.75 and a 200-day moving average of $38.45. National Commerce Corporation has a 52 week low of $26.02 and a 52 week high of $41.25.

In other National Commerce Corporation news, Director Russell H. Iv Vandevelde acquired 1,767 shares of the company’s stock in a transaction that occurred on Monday, August 21st. The stock was bought at an average price of $38.86 per share, with a total value of $68,665.62. Following the completion of the purchase, the director now owns 98,333 shares of the company’s stock, valued at $3,821,220.38. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 19.40% of the stock is currently owned by company insiders.

National Commerce Corporation Company Profile

National Commerce Corporation (NCC) is a financial holding company. The Company is engaged in the business of banking through its banking subsidiary, National Bank of Commerce (the Bank). The Company, through the Bank, provides a range of financial services to businesses, business owners and professionals.

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Institutional Ownership by Quarter for National Commerce Corporation (NASDAQ:NCOM)

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