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Aberdeen Group plc Boosts Holdings in Ameris Bancorp $ABCB
Aberdeen Group plc significantly increased its stake in Ameris Bancorp (NASDAQ:ABCB) during the third quarter, adding 148,975 shares to hold a total of 320,865 shares currently valued at approximately $23.85 million. Ameris Bancorp reported strong quarterly earnings, topping analyst estimates with an EPS of $1.59, and maintains a “Moderate Buy” consensus rating from Wall Street analysts with an average target price of $86.50. The bank also recently declared a quarterly dividend of $0.20 per share.