<div id="readability-page-1"><p>Amundi increased its position in shares of  Seacoast Banking Co. of Florida (NASDAQ:SBCF - Free Report) by 184.6% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor  owned 42,360 shares of the financial services provider's stock after purchasing an additional 27,478 shares during the quarter. Amundi's holdings in Seacoast Banking Co. of Florida were worth $1,123,000 as of its most recent filing with the SEC.</p><p>Several other hedge funds have also recently added to or reduced their stakes in SBCF. Inceptionr LLC purchased a new stake in shares of  Seacoast Banking Co. of Florida during the fourth quarter worth $200,000.  Raymond James Financial Inc. purchased a new stake in  Seacoast Banking Co. of Florida during the 4th quarter valued at about $6,850,000.  Victory Capital Management Inc. raised its holdings in  Seacoast Banking Co. of Florida by 1.7% in the 4th quarter. Victory Capital Management Inc. now owns 35,518 shares of the financial services provider's stock valued at $978,000 after acquiring an additional 585 shares during the last quarter.  Charles Schwab Investment Management Inc. lifted its stake in  Seacoast Banking Co. of Florida by 6.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 903,477 shares of the financial services provider's stock worth $24,873,000 after purchasing an additional 53,666 shares in the last quarter.  Finally, Smartleaf Asset Management LLC boosted its holdings in shares of  Seacoast Banking Co. of Florida by 154.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,120 shares of the financial services provider's stock worth $31,000 after purchasing an additional 679 shares during the last quarter. 81.77% of the stock is owned by institutional investors and hedge funds. </p><h2>Seacoast Banking Co. of Florida Trading Down 0.0 %</h2><p>Shares of SBCF stock opened at $26.18 on Wednesday. Seacoast Banking Co. of Florida has a 1-year low of $21.90 and a 1-year high of $31.68. The firm has a market cap of $2.24 billion, a PE ratio of 18.31 and a beta of 1.09. The company has a 50-day moving average of $27.56 and a two-hundred day moving average of $27.72. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.85 and a quick ratio of 0.85. </p><p>Seacoast Banking Co. of Florida (NASDAQ:SBCF - Get Free Report) last posted its quarterly earnings data on Monday, January 27th. The financial services provider reported $0.48 earnings per share for the quarter, topping analysts' consensus estimates of $0.33 by $0.15. Seacoast Banking Co. of Florida had a net margin of 14.95% and a return on equity of 5.91%.  On average, analysts predict that  Seacoast Banking Co. of Florida will post 1.71 EPS for the current year. </p><h2>Seacoast Banking Co. of Florida Dividend Announcement</h2><p>The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a $0.18 dividend. The ex-dividend date is Friday, March 14th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.75%. Seacoast Banking Co. of Florida's payout ratio is presently 50.35%. </p><h2>Analyst Ratings Changes</h2><p>Several equities research analysts recently commented on the company. Raymond James  reaffirmed an &#34;outperform&#34; rating and issued a $31.00 price target (up previously from $29.00) on shares of Seacoast Banking Co. of Florida in a report on Wednesday, January 29th. Stephens raised their target price on Seacoast Banking Co. of Florida from $28.00 to $29.00 and gave the stock an &#34;equal weight&#34; rating in a research note on Monday, March 3rd. Finally, StockNews.com raised shares of Seacoast Banking Co. of Florida from a &#34;sell&#34; rating to a &#34;hold&#34; rating in a report on Wednesday, January 29th. Four analysts have rated the stock with a hold rating and two have assigned  a buy rating to the stock. Based on data from MarketBeat, the stock  has an average rating of &#34;Hold&#34; and an average price target of $30.00.</p><p><b>Get Our Latest Stock Analysis on Seacoast Banking Co. of Florida</b></p><h2>Seacoast Banking Co. of Florida Profile</h2> (Free Report)<p>Seacoast Banking Corp. of Florida is a financial holding company, which engages in the provision of integrated financial services. It provides banking and investment services to businesses and consumers, including personal and business deposit products, Internet and mobile banking, personal, commercial and mortgage loans, wealth management services, and treasury management solutions.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Seacoast Banking Co. of Florida</li><li>2 Fintech Stocks to Buy Now and 1 to Avoid</li><li>Arqit Stock Soars as NVIDIA’s GTC Fuels Quantum Excitement</li><li>ESG Stocks, What Investors Should Know</li><li>3 Must-Own Stocks to Build Wealth This Decade</li><li>How to Invest in the Best Canadian Stocks </li><li>Advanced Micro Devices Eyes AI Market Growth—Is AMD a Buy?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9U0JDRg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9U0JDRg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Seacoast Banking Co. of Florida Right Now?</h2><p>Before you consider Seacoast Banking Co. of Florida, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Seacoast Banking Co. of Florida wasn't on the list.</p><p>While Seacoast Banking Co. of Florida currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

SBCF

<p>Amundi increased its stake in Seacoast Banking Co. of Florida (NASDAQ:SBCF) by 184.6% in Q4, owning 42,360 shares valued at $1.12 million. Other hedge funds also adjusted their positions. SBCF shares opened at $26.18, with a 1-year range of $21.90 to $31.68. The company reported $0.48 EPS, exceeding estimates, and announced a quarterly dividend of $0.18. Analysts have a mixed outlook, with an average rating of "Hold" and a price target of $30.00.</p>

Amundi Grows Stock Position in Seacoast Banking Co. of Florida (NASDAQ:SBCF)