Phocas Financial Corp. Buys Emergent BioSolutions Inc, C&J Energy Services Inc, QTS Realty Trust Inc, Sells Chesapeake Utilities Corp, G-III Apparel Group, Snyder's-Lance Inc

• New Purchases: EBS, CJ, KMG, EGBN, TERP, SLCA, SYNH, WD, BGS, NCLH,
• Added Positions: QTS, UBSH, SF, CHFC, PGNX, NJR, CLDT, CMCO, CPE, HASI,
• Reduced Positions: GIII, KS, FNB, COR, GNBC, FSB, TECD, USNA, SBRA, COWN,
• Sold Out: CPK, LNCE, BABY, CASS, NEO, REN, NWL, CLNS, MET,

For the details of Phocas Financial Corp.'s stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Phocas+Financial+Corp.

1. CNO Financial Group Inc (CNO) - 911,110 shares, 1.83% of the total portfolio. Shares reduced by 5.38%
2. MKS Instruments Inc (MKSI) - 173,717 shares, 1.83% of the total portfolio. Shares reduced by 5.36%
3. TopBuild Corp (BLD) - 245,746 shares, 1.74% of the total portfolio. Shares reduced by 5.38%
4. Ring Energy Inc (REI) - 1,323,981 shares, 1.74% of the total portfolio. Shares reduced by 5.34%
5. CenterState Bank Corp (CSFL) - 630,292 shares, 1.56% of the total portfolio. Shares reduced by 5.38%

Phocas Financial Corp. initiated holding in Emergent BioSolutions Inc. The purchase prices were between $44.44 and $54.39, with an estimated average price of $49.84. The stock is now traded at around $51.08. The impact to a portfolio due to this purchase was 0.73%. The holding were 153,106 shares as of 2018-03-31.

Phocas Financial Corp. initiated holding in C&J Energy Services Inc. The purchase prices were between $23.95 and $36.1, with an estimated average price of $28.56. The stock is now traded at around $29.63. The impact to a portfolio due to this purchase was 0.55%. The holding were 232,307 shares as of 2018-03-31.

Phocas Financial Corp. initiated holding in KMG Chemicals Inc. The purchase prices were between $56.99 and $70.04, with an estimated average price of $62.36. The stock is now traded at around $66.25. The impact to a portfolio due to this purchase was 0.46%. The holding were 79,921 shares as of 2018-03-31.

Phocas Financial Corp. initiated holding in TerraForm Power Inc. The purchase prices were between $10.27 and $12.06, with an estimated average price of $11.28. The stock is now traded at around $11.00. The impact to a portfolio due to this purchase was 0.46%. The holding were 478,690 shares as of 2018-03-31.

Phocas Financial Corp. initiated holding in Eagle Bancorp Inc. The purchase prices were between $57.9 and $64.95, with an estimated average price of $61.91. The stock is now traded at around $62.05. The impact to a portfolio due to this purchase was 0.46%. The holding were 88,830 shares as of 2018-03-31.

Phocas Financial Corp. initiated holding in Walker & Dunlop Inc. The purchase prices were between $45.35 and $59.42, with an estimated average price of $49.6. The stock is now traded at around $56.85. The impact to a portfolio due to this purchase was 0.37%. The holding were 60,000 shares as of 2018-03-31.

Phocas Financial Corp. added to a holding in QTS Realty Trust Inc by 1139.28%. The purchase prices were between $32.27 and $54.01, with an estimated average price of $42.92. The stock is now traded at around $36.09. The impact to a portfolio due to this purchase was 0.51%. The holding were 168,803 shares as of 2018-03-31.

Phocas Financial Corp. added to a holding in Union Bankshares Corp by 96.63%. The purchase prices were between $35.7 and $39.71, with an estimated average price of $37.8. The stock is now traded at around $41.45. The impact to a portfolio due to this purchase was 0.5%. The holding were 288,891 shares as of 2018-03-31.

Phocas Financial Corp. added to a holding in Stifel Financial Corp by 66.36%. The purchase prices were between $56.74 and $67.97, with an estimated average price of $63.75. The stock is now traded at around $60.51. The impact to a portfolio due to this purchase was 0.37%. The holding were 163,438 shares as of 2018-03-31.

Phocas Financial Corp. added to a holding in Chemical Financial Corp by 64.66%. The purchase prices were between $52.62 and $59.18, with an estimated average price of $56.31. The stock is now traded at around $58.08. The impact to a portfolio due to this purchase was 0.29%. The holding were 144,919 shares as of 2018-03-31.

Phocas Financial Corp. added to a holding in Progenics Pharmaceuticals Inc by 23.64%. The purchase prices were between $5.11 and $8.44, with an estimated average price of $6.65. The stock is now traded at around $7.62. The impact to a portfolio due to this purchase was 0.23%. The holding were 1,779,524 shares as of 2018-03-31.

Phocas Financial Corp. added to a holding in New Jersey Resources Corp by 83.40%. The purchase prices were between $36.25 and $40.2, with an estimated average price of $38.95. The stock is now traded at around $43.65. The impact to a portfolio due to this purchase was 0.21%. The holding were 130,936 shares as of 2018-03-31.

Phocas Financial Corp. sold out a holding in Chesapeake Utilities Corp. The sale prices were between $66.65 and $78.55, with an estimated average price of $71.26.

Phocas Financial Corp. sold out a holding in Snyder's-Lance Inc. The sale prices were between $49.85 and $50.17, with an estimated average price of $49.99.

Phocas Financial Corp. sold out a holding in Natus Medical Inc. The sale prices were between $28.15 and $38, with an estimated average price of $31.65.

Phocas Financial Corp. sold out a holding in Cass Information Systems Inc. The sale prices were between $54.85 and $62.29, with an estimated average price of $58.83.

Phocas Financial Corp. sold out a holding in NeoGenomics Inc. The sale prices were between $7.23 and $8.76, with an estimated average price of $8.1.

Phocas Financial Corp. sold out a holding in Resolute Energy Corp. The sale prices were between $30.68 and $37.63, with an estimated average price of $33.9.