Prospector Partners LLC Decreases Stock Position in Ameris Bancorp $ABCB

Posted by Brenda Bartman on Jun 15th, 2026

Prospector Partners LLC reduced its position in Ameris Bancorp (NASDAQ:ABCB – Free Report) by 94.4% in the fourth quarter, Holdings Channel.com reports. The fund owned 13,281 shares of the bank’s stock after selling 222,652 shares during the period. Ameris Bancorp makes up about 2.1% of Prospector Partners LLC’s investment portfolio, making the stock its 14th largest position. Prospector Partners LLC’s holdings in Ameris Bancorp were worth $986,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its holdings in Ameris Bancorp by 3.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,258,436 shares of the bank’s stock worth $92,256,000 after acquiring an additional 39,478 shares during the last quarter. North Reef Capital Management LP raised its holdings in Ameris Bancorp by 4.8% in the 3rd quarter. North Reef Capital Management LP now owns 1,981,061 shares of the bank’s stock worth $145,232,000 after acquiring an additional 91,043 shares during the last quarter. First Eagle Investment Management LLC raised its holdings in Ameris Bancorp by 8.3% in the 3rd quarter. First Eagle Investment Management LLC now owns 196,564 shares of the bank’s stock worth $14,410,000 after acquiring an additional 15,006 shares during the last quarter. Artemis Investment Management LLP purchased a new position in Ameris Bancorp in the 4th quarter worth approximately $1,667,000. Finally, Congress Asset Management Co. raised its holdings in Ameris Bancorp by 2.8% in the 4th quarter. Congress Asset Management Co. now owns 996,786 shares of the bank’s stock worth $74,031,000 after acquiring an additional 27,106 shares during the last quarter. 91.60% of the stock is currently owned by hedge funds and other institutional investors.

Ameris Bancorp Trading Up 0.2%

NASDAQ:ABCB opened at $89.09 on Monday. The company has a current ratio of 1.02, a quick ratio of 1.00 and a debt-to-equity ratio of 0.11. Ameris Bancorp has a 12 month low of $59.54 and a 12 month high of $89.22. The company has a market cap of $6.00 billion, a PE ratio of 17.10 and a beta of 0.91. The company has a 50 day simple moving average of $84.18 and a two-hundred day simple moving average of $80.55.

Ameris Bancorp (NASDAQ:ABCB – Get Free Report) last posted its earnings results on Thursday, April 23rd. The bank reported $1.63 EPS for the quarter, topping analysts’ consensus estimates of $1.54 by $0.09. Ameris Bancorp had a net margin of 21.46% and a return on equity of 9.57%. The business had revenue of $314.36 million during the quarter, compared to the consensus estimate of $309.58 million. During the same quarter in the previous year, the firm posted $1.28 EPS. Research analysts forecast that Ameris Bancorp will post 4.99 earnings per share for the current year.

Ameris Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 6th. Stockholders of record on Tuesday, March 31st were given a dividend of $0.20 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.9%. Ameris Bancorp’s payout ratio is presently 12.58%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on ABCB. Stephens boosted their price objective on shares of Ameris Bancorp from $87.00 to $90.00 and gave the stock an “equal weight” rating in a report on Monday, April 27th. Raymond James Financial reaffirmed an “outperform” rating and issued a $92.00 target price on shares of Ameris Bancorp in a research report on Monday, April 27th. DA Davidson lifted their target price on shares of Ameris Bancorp from $94.00 to $98.00 and gave the stock a “buy” rating in a research report on Tuesday, April 28th. Finally, Truist Financial lifted their target price on shares of Ameris Bancorp from $85.00 to $89.00 and gave the stock a “hold” rating in a research report on Monday, April 27th. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $90.17.

View Our Latest Analysis on Ameris Bancorp

About Ameris Bancorp

(Free Report)

Ameris Bancorp is a bank holding company headquartered in Atlanta, Georgia. Through its principal subsidiary, Ameris Bank, the company offers a broad range of commercial and retail banking services to individuals, small businesses, middle market companies and agricultural customers. Its core business lines encompass deposit services, lending solutions, treasury management, mortgage origination and servicing, insurance products and wealth management.

Ameris Bancorp operates a network of branches and loan production offices across the southeastern United States, including Georgia, Alabama, Florida, North Carolina, South Carolina and Tennessee.