BlackRock Inc. Acquires 584103 Shares of Bank of Marin Bancorp (BMRC)

BlackRock Inc. increased its holdings in Bank of Marin Bancorp (NASDAQ:BMRC) by 104.3% in the fourth quarter, according to its most recent Form …

Bank of Marin Bancorp logoBlackRock Inc. increased its holdings in Bank of Marin Bancorp (NASDAQ:BMRC) by 104.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,144,009 shares of the bank’s stock after purchasing an additional 584,103 shares during the period. BlackRock Inc. owned approximately 8.20% of Bank of Marin Bancorp worth $47,178,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Acadian Asset Management LLC raised its stake in shares of Bank of Marin Bancorp by 133.9% in the 4th quarter. Acadian Asset Management LLC now owns 27,351 shares of the bank’s stock valued at $1,128,000 after acquiring an additional 15,656 shares in the last quarter. Vanguard Group Inc boosted its position in Bank of Marin Bancorp by 1.1% during the third quarter. Vanguard Group Inc now owns 335,756 shares of the bank’s stock worth $28,170,000 after purchasing an additional 3,751 shares during the period. Polaris Greystone Financial Group LLC boosted its position in Bank of Marin Bancorp by 100.0% during the fourth quarter. Polaris Greystone Financial Group LLC now owns 5,400 shares of the bank’s stock worth $223,000 after purchasing an additional 2,700 shares during the period. Confluence Investment Management LLC grew its holdings in Bank of Marin Bancorp by 66.2% during the fourth quarter. Confluence Investment Management LLC now owns 121,815 shares of the bank’s stock valued at $5,023,000 after purchasing an additional 48,531 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in Bank of Marin Bancorp by 2.1% during the third quarter. Bank of New York Mellon Corp now owns 38,868 shares of the bank’s stock valued at $3,261,000 after purchasing an additional 782 shares during the last quarter. 43.13% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities analysts have recently commented on the stock. BidaskClub raised shares of Bank of Marin Bancorp from a “sell” rating to a “hold” rating in a research report on Friday, February 15th. Zacks Investment Research raised shares of Bank of Marin Bancorp from a “hold” rating to a “buy” rating and set a $47.00 price objective for the company in a report on Monday, February 4th. Finally, ValuEngine upgraded shares of Bank of Marin Bancorp from a “sell” rating to a “hold” rating in a research note on Friday, January 4th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $44.50.

Shares of NASDAQ:BMRC opened at $42.41 on Friday. The stock has a market capitalization of $581.80 million, a PE ratio of 18.20, a price-to-earnings-growth ratio of 2.34 and a beta of 0.59. Bank of Marin Bancorp has a 52-week low of $34.50 and a 52-week high of $45.42. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.84 and a current ratio of 0.84.

Bank of Marin Bancorp (NASDAQ:BMRC) last posted its quarterly earnings data on Monday, January 28th. The bank reported $0.69 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.08. Bank of Marin Bancorp had a return on equity of 10.63% and a net margin of 31.00%. The business had revenue of $26.70 million for the quarter, compared to analyst estimates of $25.57 million. On average, sell-side analysts predict that Bank of Marin Bancorp will post 2.57 earnings per share for the current year.

In other news, CEO Russell A. Colombo sold 5,117 shares of the company’s stock in a transaction that occurred on Tuesday, February 5th. The stock was sold at an average price of $42.00, for a total transaction of $214,914.00. Following the completion of the transaction, the chief executive officer now directly owns 66,186 shares in the company, valued at $2,779,812. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Peter Pelham sold 8,000 shares of the stock in a transaction that occurred on Tuesday, February 5th. The shares were sold at an average price of $41.91, for a total value of $335,280.00. Following the completion of the sale, the insider now directly owns 19,110 shares of the company’s stock, valued at $800,900.10. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 14,117 shares of company stock valued at $591,654. 5.17% of the stock is owned by corporate insiders.

ILLEGAL ACTIVITY WARNING: “BlackRock Inc. Acquires 584,103 Shares of Bank of Marin Bancorp (BMRC)” was originally published by Highlight Press and is owned by of Highlight Press. If you are accessing this story on another domain, it was stolen and reposted in violation of US and international trademark & copyright laws. The original version of this story can be read at https://highlightpress.com/2019/04/07/blackrock-inc-acquires-584103-shares-of-bank-of-marin-bancorp-bmrc.html.

Bank of Marin Bancorp Company Profile

Bank of Marin Bancorp operates as the holding company for Bank of Marin that provides a range of financial services primarily to professionals, small and middle-market businesses, individuals, and not-for-profit organizations in California, the United States. The company offers personal and business checking and savings accounts; and time certificates of deposit, individual retirement accounts, health savings accounts, and demand deposit marketplace accounts, as well as certificate of deposit account registry and insured cash sweep services.

Further Reading: Why do companies issue stock splits?

Want to see what other hedge funds are holding BMRC?Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Bank of Marin Bancorp (NASDAQ:BMRC).

Institutional Ownership by Quarter for Bank of Marin Bancorp (NASDAQ:BMRC)

Receive News & Ratings for Bank of Marin Bancorp Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Bank of Marin Bancorp and related companies with MarketBeat.com’s FREE daily email newsletter.

Related Posts:

  • No Related Posts

Rhumbline Advisers Buys 21872 Shares of United Financial Bancorp Inc (NASDAQ:UBNK)

AQR Capital Management LLC lifted its position in United Financial Bancorp by 9.9% in the third quarter. AQR Capital Management LLC now owns …

United Financial Bancorp logoRhumbline Advisers grew its holdings in shares of United Financial Bancorp Inc (NASDAQ:UBNK) by 42.1% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 73,867 shares of the bank’s stock after purchasing an additional 21,872 shares during the quarter. Rhumbline Advisers owned approximately 0.14% of United Financial Bancorp worth $1,086,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Mutual of America Capital Management LLC boosted its position in shares of United Financial Bancorp by 3.4% during the 3rd quarter. Mutual of America Capital Management LLC now owns 100,858 shares of the bank’s stock valued at $1,697,000 after acquiring an additional 3,342 shares during the last quarter. AQR Capital Management LLC lifted its position in United Financial Bancorp by 9.9% in the third quarter. AQR Capital Management LLC now owns 37,682 shares of the bank’s stock worth $634,000 after buying an additional 3,390 shares during the last quarter. Bank of New York Mellon Corp lifted its position in United Financial Bancorp by 1.2% in the third quarter. Bank of New York Mellon Corp now owns 364,904 shares of the bank’s stock worth $6,141,000 after buying an additional 4,292 shares during the last quarter. Wells Fargo & Company MN lifted its position in United Financial Bancorp by 5.1% in the third quarter. Wells Fargo & Company MN now owns 89,078 shares of the bank’s stock worth $1,499,000 after buying an additional 4,320 shares during the last quarter. Finally, First Republic Investment Management Inc. lifted its position in United Financial Bancorp by 5.8% in the third quarter. First Republic Investment Management Inc. now owns 85,551 shares of the bank’s stock worth $1,440,000 after buying an additional 4,680 shares during the last quarter. 69.46% of the stock is owned by hedge funds and other institutional investors.

In other news, Director Kevin E. Ross sold 5,636 shares of the firm’s stock in a transaction on Tuesday, February 19th. The stock was sold at an average price of $15.59, for a total transaction of $87,865.24. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Brandon Craig Lorey sold 14,137 shares of the firm’s stock in a transaction dated Thursday, February 21st. The shares were sold at an average price of $16.11, for a total value of $227,747.07. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 24,313 shares of company stock worth $388,843. Insiders own 3.37% of the company’s stock.

A number of analysts recently issued reports on the company. BidaskClub downgraded United Financial Bancorp from a “sell” rating to a “strong sell” rating in a research report on Friday, March 22nd. Zacks Investment Research upgraded United Financial Bancorp from a “strong sell” rating to a “hold” rating in a research report on Wednesday, March 27th.

UBNK stock traded up $0.07 during midday trading on Friday, reaching $14.76. The company’s stock had a trading volume of 116,000 shares, compared to its average volume of 164,573. The company has a quick ratio of 1.00, a current ratio of 1.01 and a debt-to-equity ratio of 1.27. United Financial Bancorp Inc has a 1 year low of $13.37 and a 1 year high of $18.33. The firm has a market cap of $747.04 million, a price-to-earnings ratio of 12.62 and a beta of 0.75.

United Financial Bancorp (NASDAQ:UBNK) last released its earnings results on Tuesday, January 22nd. The bank reported $0.21 earnings per share for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.09). United Financial Bancorp had a return on equity of 8.49% and a net margin of 19.34%. The business had revenue of $57.86 million during the quarter, compared to analysts’ expectations of $57.40 million. Research analysts expect that United Financial Bancorp Inc will post 1.14 EPS for the current year.

TRADEMARK VIOLATION WARNING: This news story was first published by Fairfield Current and is the sole property of of Fairfield Current. If you are reading this news story on another site, it was copied illegally and reposted in violation of U.S. & international copyright and trademark laws. The correct version of this news story can be read at https://www.fairfieldcurrent.com/news/2019/04/05/rhumbline-advisers-grows-holdings-in-united-financial-bancorp-inc-ubnk.html.

United Financial Bancorp Company Profile

United Financial Bancorp, Inc operates as the holding company for United Bank that provides retail, commercial, and consumer banking services to individuals, families, and businesses. The company accepts various deposits, such as interest-bearing checking, non-interest-bearing checking, regular savings, money market savings, and time deposits.

Recommended Story: Fundamental Analysis and Individual Investors

Institutional Ownership by Quarter for United Financial Bancorp (NASDAQ:UBNK)

Receive News & Ratings for United Financial Bancorp Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for United Financial Bancorp and related companies with MarketBeat.com’s FREE daily email newsletter.

Related Posts:

  • No Related Posts

S & T Bancorp Inc (NASDAQ:STBA) is First Commonwealth Financial Corp PA’s 2nd Largest Position

Huntington National Bank purchased a new stake in shares of S & T Bancorp in the 4th quarter valued at approximately $57,000. WINTON GROUP Ltd …

S & T Bancorp logoFirst Commonwealth Financial Corp PA increased its stake in shares of S & T Bancorp Inc (NASDAQ:STBA) by 43.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 208,164 shares of the financial services provider’s stock after buying an additional 62,859 shares during the quarter. S & T Bancorp comprises approximately 5.5% of First Commonwealth Financial Corp PA’s investment portfolio, making the stock its 2nd biggest holding. First Commonwealth Financial Corp PA owned 0.59% of S & T Bancorp worth $7,877,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Huntington National Bank purchased a new stake in shares of S & T Bancorp in the 4th quarter valued at approximately $57,000. WINTON GROUP Ltd acquired a new stake in S & T Bancorp during the 3rd quarter worth approximately $343,000. Fort Pitt Capital Group LLC acquired a new stake in S & T Bancorp during the 4th quarter worth approximately $311,000. Piedmont Investment Advisors Inc. lifted its holdings in S & T Bancorp by 3.3% during the 4th quarter. Piedmont Investment Advisors Inc. now owns 8,321 shares of the financial services provider’s stock worth $315,000 after buying an additional 267 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. lifted its holdings in S & T Bancorp by 10.2% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 9,508 shares of the financial services provider’s stock worth $360,000 after buying an additional 883 shares in the last quarter. 62.69% of the stock is currently owned by hedge funds and other institutional investors.

In other S & T Bancorp news, Director James Thomas Gibson acquired 12,000 shares of the firm’s stock in a transaction on Thursday, March 7th. The stock was bought at an average cost of $38.89 per share, for a total transaction of $466,680.00. Following the completion of the purchase, the director now directly owns 201,780 shares in the company, valued at $7,847,224.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 2.53% of the stock is owned by insiders.

Shares of NASDAQ:STBA traded up $0.57 during trading on Monday, reaching $40.10. The stock had a trading volume of 105,700 shares, compared to its average volume of 94,723. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.98 and a quick ratio of 0.98. The firm has a market cap of $1.37 billion, a PE ratio of 13.32, a P/E/G ratio of 1.28 and a beta of 0.71. S & T Bancorp Inc has a fifty-two week low of $35.16 and a fifty-two week high of $47.77.

S & T Bancorp (NASDAQ:STBA) last posted its quarterly earnings data on Thursday, January 31st. The financial services provider reported $0.77 earnings per share for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.01). S & T Bancorp had a net margin of 31.07% and a return on equity of 11.52%. The firm had revenue of $70.94 million during the quarter, compared to analyst estimates of $72.94 million. As a group, sell-side analysts expect that S & T Bancorp Inc will post 3.1 earnings per share for the current fiscal year.

A number of equities research analysts have recently weighed in on STBA shares. Zacks Investment Research upgraded shares of S & T Bancorp from a “sell” rating to a “hold” rating in a report on Saturday, February 23rd. BidaskClub raised shares of S & T Bancorp from a “sell” rating to a “hold” rating in a research report on Thursday, February 14th. Finally, Boenning Scattergood reaffirmed a “hold” rating on shares of S & T Bancorp in a report on Monday, December 17th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $51.00.

WARNING: “S & T Bancorp Inc (NASDAQ:STBA) is First Commonwealth Financial Corp PA’s 2nd Largest Position” was originally posted by Fairfield Current and is owned by of Fairfield Current. If you are accessing this piece on another publication, it was stolen and republished in violation of United States & international trademark and copyright laws. The correct version of this piece can be read at https://www.fairfieldcurrent.com/news/2019/04/02/first-commonwealth-financial-corp-pa-buys-62859-shares-of-s-t-bancorp-inc-stba.html.

S & T Bancorp Profile

S&T Bancorp, Inc operates as the bank holding company for S&T Bank that provides retail and commercial banking products and services. The company accepts time and demand deposits; and offers commercial and consumer loans, cash management services, and brokerage and trust services, as well as acts as guardian and custodian of employee benefits.

Featured Article: Momentum Investing

Institutional Ownership by Quarter for S & T Bancorp (NASDAQ:STBA)

Receive News & Ratings for S & T Bancorp Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for S & T Bancorp and related companies with MarketBeat.com’s FREE daily email newsletter.

Related Posts:

  • No Related Posts

Vanguard Group Inc. Grows Stake in Mid Penn Bancorp, Inc. (NASDAQ:MPB)

Vanguard Group Inc. boosted its holdings in Mid Penn Bancorp, Inc. (NASDAQ:MPB) by 48.8% during the 3rd quarter, according to its most recent …

Mid Penn Bancorp logoVanguard Group Inc. boosted its holdings in Mid Penn Bancorp, Inc. (NASDAQ:MPB) by 48.8% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 47,830 shares of the financial services provider’s stock after buying an additional 15,693 shares during the quarter. Vanguard Group Inc. owned approximately 0.57% of Mid Penn Bancorp worth $1,394,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Banc Funds Co. LLC bought a new position in shares of Mid Penn Bancorp during the third quarter worth about $844,000. Northern Trust Corp bought a new position in shares of Mid Penn Bancorp during the second quarter worth about $1,446,000. Bridgeway Capital Management Inc. raised its position in shares of Mid Penn Bancorp by 10.6% during the third quarter. Bridgeway Capital Management Inc. now owns 41,848 shares of the financial services provider’s stock worth $1,220,000 after acquiring an additional 4,000 shares during the last quarter. BlackRock Inc. raised its position in shares of Mid Penn Bancorp by 12.5% during the third quarter. BlackRock Inc. now owns 212,579 shares of the financial services provider’s stock worth $6,196,000 after acquiring an additional 23,557 shares during the last quarter. Finally, Minerva Advisors LLC bought a new position in shares of Mid Penn Bancorp during the third quarter worth about $1,440,000. 15.25% of the stock is currently owned by institutional investors and hedge funds.

Mid Penn Bancorp stock traded down $0.08 during mid-day trading on Friday, reaching $24.50. The stock had a trading volume of 1,240 shares, compared to its average volume of 5,927. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.94 and a current ratio of 0.94. Mid Penn Bancorp, Inc. has a fifty-two week low of $21.69 and a fifty-two week high of $36.75. The stock has a market capitalization of $207.27 million, a PE ratio of 12.07 and a beta of 0.59.

Mid Penn Bancorp (NASDAQ:MPB) last announced its quarterly earnings data on Monday, January 28th. The financial services provider reported $0.53 EPS for the quarter. The firm had revenue of $19.82 million during the quarter. Mid Penn Bancorp had a return on equity of 8.04% and a net margin of 13.92%.

In other Mid Penn Bancorp news, Director Soto Matthew G. De acquired 2,065 shares of the business’s stock in a transaction on Friday, March 22nd. The shares were acquired at an average price of $24.20 per share, with a total value of $49,973.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Theodore W. Mowery bought 1,000 shares of the stock in a transaction on Thursday, February 28th. The stock was purchased at an average price of $25.31 per share, for a total transaction of $25,310.00. The disclosure for this purchase can be found here. In the last ninety days, insiders have purchased 3,487 shares of company stock worth $85,031. 22.50% of the stock is owned by insiders.

A number of brokerages have recently issued reports on MPB. ValuEngine downgraded Mid Penn Bancorp from a “hold” rating to a “sell” rating in a research report on Thursday, January 10th. TheStreet upgraded Mid Penn Bancorp from a “c” rating to a “b” rating in a report on Thursday, January 31st.

ILLEGAL ACTIVITY WARNING: “Vanguard Group Inc. Grows Stake in Mid Penn Bancorp, Inc. (NASDAQ:MPB)” was first published by PressOracle and is the sole property of of PressOracle. If you are reading this piece on another website, it was illegally stolen and reposted in violation of US & international copyright & trademark laws. The correct version of this piece can be read at https://pressoracle.com/news/2019/03/31/vanguard-group-inc-purchases-15693-shares-of-mid-penn-bancorp-inc-mpb.html.

About Mid Penn Bancorp

Mid Penn Bancorp, Inc operates as the holding company for Mid Penn Bank that provides commercial banking and trust services to individuals, partnerships, non-profit organizations, and corporations. It offers various time and demand deposit products, including checking accounts, savings accounts, clubs, money market deposit accounts, certificates of deposit, and IRAs.

Further Reading: Diversification For Individual Investors

Institutional Ownership by Quarter for Mid Penn Bancorp (NASDAQ:MPB)

Receive News & Ratings for Mid Penn Bancorp Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Mid Penn Bancorp and related companies with MarketBeat.com’s FREE daily email newsletter.

Related Posts:

  • No Related Posts

Oak Valley Bancorp (OVLY) Holdings Lifted by Vanguard Group Inc.

Vanguard Group Inc. grew its position in Oak Valley Bancorp (NASDAQ:OVLY) by 9.0% in the third quarter, according to its most recent 13F filing with …

Oak Valley Bancorp logoVanguard Group Inc. grew its position in Oak Valley Bancorp (NASDAQ:OVLY) by 9.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 99,949 shares of the financial services provider’s stock after acquiring an additional 8,239 shares during the quarter. Vanguard Group Inc. owned 1.22% of Oak Valley Bancorp worth $1,964,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. BlackRock Inc. lifted its position in shares of Oak Valley Bancorp by 8.1% in the 3rd quarter. BlackRock Inc. now owns 309,313 shares of the financial services provider’s stock worth $6,079,000 after acquiring an additional 23,088 shares during the period. Maltese Capital Management LLC lifted its position in shares of Oak Valley Bancorp by 22.3% during the 3rd quarter. Maltese Capital Management LLC now owns 116,188 shares of the financial services provider’s stock worth $2,283,000 after buying an additional 21,188 shares during the period. Finally, Northern Trust Corp bought a new position in shares of Oak Valley Bancorp during the 2nd quarter worth approximately $316,000. Institutional investors own 20.62% of the company’s stock.

In other Oak Valley Bancorp news, Director Allison Lafferty purchased 1,400 shares of the company’s stock in a transaction that occurred on Monday, February 25th. The stock was purchased at an average cost of $17.97 per share, with a total value of $25,158.00. Following the acquisition, the director now directly owns 866 shares of the company’s stock, valued at approximately $15,562.02. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. In the last 90 days, insiders have purchased 3,010 shares of company stock valued at $54,817 and have sold 1,757 shares valued at $31,271. 16.04% of the stock is owned by company insiders.

Shares of Oak Valley Bancorp stock traded down $0.84 during midday trading on Friday, hitting $17.64. 12,771 shares of the company were exchanged, compared to its average volume of 13,437. The company has a market capitalization of $151.45 million, a PE ratio of 12.92 and a beta of 0.39. Oak Valley Bancorp has a 52 week low of $16.39 and a 52 week high of $25.65.

TRADEMARK VIOLATION NOTICE: “Oak Valley Bancorp (OVLY) Holdings Lifted by Vanguard Group Inc.” was first reported by Fairfield Current and is the property of of Fairfield Current. If you are accessing this piece on another site, it was stolen and republished in violation of U.S. & international trademark and copyright law. The legal version of this piece can be viewed at https://www.fairfieldcurrent.com/news/2019/03/30/oak-valley-bancorp-ovly-stake-lifted-by-vanguard-group-inc.html.

Oak Valley Bancorp Profile

Oak Valley Bancorp operates as the bank holding company for Oak Valley Community Bank that provides banking products and services to individuals and business enterprises in Oakdale, California and surrounding areas. The company accepts various deposits products, such as checking and savings, money market, health savings, and individual retirement accounts, as well as certificates of deposit.

Recommended Story: What are trading strategies for the 52-week high/low?

Institutional Ownership by Quarter for Oak Valley Bancorp (NASDAQ:OVLY)

Receive News & Ratings for Oak Valley Bancorp Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Oak Valley Bancorp and related companies with MarketBeat.com’s FREE daily email newsletter.

Related Posts:

  • No Related Posts