Renaissance Technologies LLC Cuts Stake in Evans Bancorp Inc. (EVBN)

Renaissance Technologies LLC trimmed its position in Evans Bancorp Inc. (NYSEAMERICAN:EVBN) by 16.9% in the third quarter, according to its …

Renaissance Technologies LLC trimmed its position in Evans Bancorp Inc. (NYSEAMERICAN:EVBN) by 16.9% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 44,800 shares of the bank’s stock after selling 9,100 shares during the period. Renaissance Technologies LLC owned 0.93% of Evans Bancorp worth $2,103,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of EVBN. LSV Asset Management raised its holdings in Evans Bancorp by 25.0% during the third quarter. LSV Asset Management now owns 6,500 shares of the bank’s stock worth $305,000 after purchasing an additional 1,300 shares in the last quarter. Schwab Charles Investment Management Inc. raised its stake in Evans Bancorp by 17.5% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 9,282 shares of the bank’s stock valued at $428,000 after purchasing an additional 1,382 shares during the period. Systematic Financial Management LP raised its stake in Evans Bancorp by 5.2% during the 3rd quarter. Systematic Financial Management LP now owns 63,047 shares of the bank’s stock valued at $2,960,000 after purchasing an additional 3,138 shares during the period. Commonwealth Equity Services LLC acquired a new stake in Evans Bancorp during the 3rd quarter valued at $3,381,000. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Evans Bancorp by 17.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 106,009 shares of the bank’s stock valued at $4,887,000 after acquiring an additional 16,127 shares in the last quarter.

Separately, Hovde Group raised shares of Evans Bancorp from a “market perform” rating to an “outperform” rating and set a $38.00 price objective for the company in a research report on Wednesday, January 2nd.

In related news, insider Robert G. Miller, Jr. sold 2,096 shares of the firm’s stock in a transaction on Friday, December 21st. The shares were sold at an average price of $33.50, for a total transaction of $70,216.00. Following the sale, the insider now directly owns 71,056 shares in the company, valued at $2,380,376. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO David J. Nasca acquired 1,195 shares of the firm’s stock in a transaction dated Thursday, December 20th. The stock was purchased at an average cost of $32.54 per share, with a total value of $38,885.30. Following the transaction, the chief executive officer now owns 2,344 shares in the company, valued at $76,273.76. The disclosure for this purchase can be found here. Over the last ninety days, insiders acquired 1,320 shares of company stock worth $43,346.

NYSEAMERICAN:EVBN traded up $0.10 during mid-day trading on Friday, hitting $35.50. The company’s stock had a trading volume of 3,647 shares, compared to its average volume of 5,725. Evans Bancorp Inc. has a fifty-two week low of $30.61 and a fifty-two week high of $49.23.

Evans Bancorp (NYSEAMERICAN:EVBN) last issued its quarterly earnings data on Thursday, January 31st. The bank reported $0.90 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.88 by $0.02. The firm had revenue of $15.41 million for the quarter.

Evans Bancorp Company Profile

Evans Bancorp, Inc operates as the financial holding company for Evans Bank, N.A. that provides a range of banking products and services to consumer and commercial customers in Western New York. It operates through two segments, Banking Activities and Insurance Agency Activities. The company offers deposit products, which include checking and NOW accounts, savings accounts, and certificates of deposit.

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Two Rivers Bancorp (TRCB) Stock Rating Upgraded by Zacks Investment Research

Acadian Asset Management LLC boosted its position in shares of Two Rivers Bancorp by 13.0% during the 3rd quarter. Acadian Asset Management …

Two Rivers Bancorp logoTwo Rivers Bancorp (NASDAQ:TRCB) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Friday.

According to Zacks, “Two River Bancorp is a state-chartered commercial bank. It engaged in the business of commercial and retail banking. The company offers checking accounts, savings accounts, commercial loans, SBA lending, safe deposit boxes, night depository, wire transfers, money orders, traveler’s checks, automated teller machines, direct deposit, telephone and internet banking. Two River Bancorp, formerly known as Community Partners Bancorp, is headquartered in Tinton Falls, NJ. “

Other research analysts also recently issued research reports about the company. ValuEngine downgraded Two Rivers Bancorp from a “hold” rating to a “sell” rating in a research note on Thursday, January 10th. Boenning Scattergood restated a “hold” rating on shares of Two Rivers Bancorp in a research note on Friday, November 16th.

Shares of NASDAQ TRCB opened at $16.17 on Friday. Two Rivers Bancorp has a 52 week low of $11.54 and a 52 week high of $19.90. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.30. The stock has a market capitalization of $138.88 million, a price-to-earnings ratio of 12.34 and a beta of 0.47.

Two Rivers Bancorp (NASDAQ:TRCB) last issued its earnings results on Tuesday, January 29th. The financial services provider reported $0.35 EPS for the quarter, topping the consensus estimate of $0.33 by $0.02. Two Rivers Bancorp had a return on equity of 10.18% and a net margin of 22.40%. The business had revenue of $10.62 million during the quarter, compared to the consensus estimate of $10.64 million. On average, equities analysts forecast that Two Rivers Bancorp will post 1.33 earnings per share for the current fiscal year.

Institutional investors and hedge funds have recently modified their holdings of the company. FNY Investment Advisers LLC bought a new stake in shares of Two Rivers Bancorp during the 3rd quarter valued at about $158,000. Dimensional Fund Advisors LP boosted its position in shares of Two Rivers Bancorp by 53.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 81,707 shares of the financial services provider’s stock valued at $1,563,000 after acquiring an additional 28,456 shares during the last quarter. Bank of America Corp DE boosted its position in shares of Two Rivers Bancorp by 32.8% during the 2nd quarter. Bank of America Corp DE now owns 25,052 shares of the financial services provider’s stock valued at $479,000 after acquiring an additional 6,185 shares during the last quarter. Acadian Asset Management LLC boosted its position in shares of Two Rivers Bancorp by 13.0% during the 3rd quarter. Acadian Asset Management LLC now owns 28,066 shares of the financial services provider’s stock valued at $486,000 after acquiring an additional 3,234 shares during the last quarter. Finally, Maltese Capital Management LLC boosted its position in shares of Two Rivers Bancorp by 286.9% during the 3rd quarter. Maltese Capital Management LLC now owns 225,000 shares of the financial services provider’s stock valued at $3,902,000 after acquiring an additional 166,846 shares during the last quarter. Hedge funds and other institutional investors own 22.52% of the company’s stock.

About Two Rivers Bancorp

Two River Bancorp operates as the bank holding company for Two River Community Bank that provides a range of banking services to small and medium-sized businesses, not-for-profit organizations, professionals, and individuals. The company offers deposit products, including checking, savings, and money market accounts, as well as certificates of deposit.

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Oak Valley Bancorp (OVLY) Position Lifted by Vanguard Group Inc

Vanguard Group Inc increased its holdings in Oak Valley Bancorp (NASDAQ:OVLY) by 9.0% during the 3rd quarter, according to the company in its …

Oak Valley Bancorp logoVanguard Group Inc increased its holdings in Oak Valley Bancorp (NASDAQ:OVLY) by 9.0% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor 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 approximately 1.22% of Oak Valley Bancorp worth $1,964,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in the stock. Schwab Charles Investment Management Inc. bought a new stake in Oak Valley Bancorp in the second quarter valued at about $300,000. Northern Trust Corp bought a new stake in Oak Valley Bancorp in the second quarter valued at about $316,000. Bank of New York Mellon Corp bought a new stake in Oak Valley Bancorp in the second quarter valued at about $492,000. Vanguard Group Inc. increased its holdings in Oak Valley Bancorp by 9.0% in the third quarter. Vanguard Group Inc. now owns 99,949 shares of the financial services provider’s stock valued at $1,964,000 after buying an additional 8,239 shares during the last quarter. Finally, Maltese Capital Management LLC increased its holdings in Oak Valley Bancorp by 22.3% in the third quarter. Maltese Capital Management LLC now owns 116,188 shares of the financial services provider’s stock valued at $2,283,000 after buying an additional 21,188 shares during the last quarter. Institutional investors and hedge funds own 20.53% of the company’s stock.

Shares of Oak Valley Bancorp stock opened at $17.86 on Friday. The stock has a market capitalization of $146.33 million, a P/E ratio of 12.38 and a beta of 0.31. Oak Valley Bancorp has a fifty-two week low of $16.39 and a fifty-two week high of $25.65.

The company also recently disclosed a semiannual dividend, which was paid on Friday, February 8th. Investors of record on Monday, January 28th were issued a $0.135 dividend. This is a positive change from Oak Valley Bancorp’s previous semiannual dividend of $0.13. This represents a yield of 1.52%. The ex-dividend date was Friday, January 25th.

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Oak Valley Bancorp Company 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.

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

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Fidelity D & D Bancorp Inc (FDBC) Sentiment Crashed in Q3 2018 to 1.82

20 active investment managers increased or opened new equity positions, while 11 trimmed and sold positions in Fidelity D & D Bancorp Inc so the …

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Guaranty Bancorp (GBNK) Shares Bought by Vanguard Group Inc.

Vanguard Group Inc. boosted its position in shares of Guaranty Bancorp (NASDAQ:GBNK) by 0.6% in the third quarter, according to its most recent …

Guaranty Bancorp logoVanguard Group Inc. boosted its position in shares of Guaranty Bancorp (NASDAQ:GBNK) by 0.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,133,616 shares of the financial services provider’s stock after acquiring an additional 6,492 shares during the quarter. Vanguard Group Inc. owned 3.87% of Guaranty Bancorp worth $33,668,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. BlackRock Inc. boosted its stake in shares of Guaranty Bancorp by 2.0% in the 3rd quarter. BlackRock Inc. now owns 1,928,795 shares of the financial services provider’s stock valued at $57,284,000 after buying an additional 37,956 shares during the period. Northern Trust Corp increased its holdings in shares of Guaranty Bancorp by 12.7% in the second quarter. Northern Trust Corp now owns 305,188 shares of the financial services provider’s stock valued at $9,094,000 after purchasing an additional 34,353 shares during the period. Chicago Capital Management LLC acquired a new position in shares of Guaranty Bancorp in the third quarter valued at approximately $3,589,000. Alliancebernstein L.P. increased its holdings in shares of Guaranty Bancorp by 5.2% in the third quarter. Alliancebernstein L.P. now owns 119,177 shares of the financial services provider’s stock valued at $3,540,000 after purchasing an additional 5,933 shares during the period. Finally, Bank of America Corp DE increased its holdings in shares of Guaranty Bancorp by 178.5% in the second quarter. Bank of America Corp DE now owns 105,089 shares of the financial services provider’s stock valued at $3,132,000 after purchasing an additional 67,361 shares during the period. Institutional investors own 72.77% of the company’s stock.

Shares of Guaranty Bancorp stock traded down $0.45 during trading on Tuesday, reaching $20.75. The company’s stock had a trading volume of 826,696 shares, compared to its average volume of 156,166. The company has a debt-to-equity ratio of 0.70, a current ratio of 0.96 and a quick ratio of 0.95. Guaranty Bancorp has a 12-month low of $18.78 and a 12-month high of $35.20. The company has a market cap of $607.98 million, a PE ratio of 13.56, a price-to-earnings-growth ratio of 0.97 and a beta of 1.14.

A number of research firms have recently issued reports on GBNK. Zacks Investment Research lowered Guaranty Bancorp from a “buy” rating to a “hold” rating in a report on Tuesday, December 18th. BidaskClub lowered Guaranty Bancorp from a “sell” rating to a “strong sell” rating in a report on Saturday, December 8th. Finally, ValuEngine lowered Guaranty Bancorp from a “hold” rating to a “sell” rating in a report on Friday, October 19th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $34.63.

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About Guaranty Bancorp

Guaranty Bancorp operates as the bank holding company for Guaranty Bank and Trust Company that provides various banking and other financial services to consumers, and small to medium-sized businesses. The company accepts deposit products, such as demand, interest-bearing demand, NOW, money market, IRA, and time deposits, and savings accounts, as well as certificates of deposit.

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Institutional Ownership by Quarter for Guaranty Bancorp (NASDAQ:GBNK)

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