9 hours Ago By ABMN Staff
Invesco Ltd. raised its position in NBT Bancorp Inc. ( NASDAQ:NBTB – Free Report ) by 0.
5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 150,819 shares of the bank’s stock after buying an additional 814 shares during the period. Invesco Ltd.
’s holdings in NBT Bancorp were worth $7,203,000 at the end of the most recent quarter. A number of other large investors have also modified their holdings of NBTB. GAMMA Investing LLC increased its stake in shares of NBT Bancorp by 66.
5% in the 4th quarter. GAMMA Investing LLC now owns 1,295 shares of the bank’s stock valued at $62,000 after purchasing an additional 517 shares in the last quarter. Rialto Wealth Management LLC acquired a new position in shares of NBT Bancorp during the 4th quarter worth approximately $87,000.
US Bancorp DE lifted its position in shares of NBT Bancorp by 42.0% during the 4th quarter. US Bancorp DE now owns 1,836 shares of the bank’s stock valued at $88,000 after buying an additional 543 shares in the last quarter.
Crews Bank & Trust acquired a new stake in NBT Bancorp in the 4th quarter valued at $98,000. Finally, KBC Group NV increased its holdings in NBT Bancorp by 47.5% in the 4th quarter.
KBC Group NV now owns 2,152 shares of the bank’s stock worth $103,000 after acquiring an additional 693 shares in the last quarter. Institutional investors and hedge funds own 58.46% of the company’s stock.
Insiders Place Their Bets In other NBT Bancorp news, Director Heidi M. Hoeller purchased 678 shares of the firm’s stock in a transaction dated Friday, February 7th. The shares were acquired at an average price of $48.
45 per share, with a total value of $32,849.10. Following the purchase, the director now directly owns 6,437 shares in the company, valued at approximately $311,872.
65. This trade represents a 11.77 % increase in their position.
The purchase was disclosed in a document filed with the SEC, which is available at the SEC website . Also, EVP Sarah A. Halliday sold 5,000 shares of the firm’s stock in a transaction dated Monday, February 10th.
The stock was sold at an average price of $48.45, for a total value of $242,250.00.
Following the sale, the executive vice president now directly owns 25,564 shares of the company’s stock, valued at $1,238,575.80. The trade was a 16.
36 % decrease in their ownership of the stock. The disclosure for this sale can be found here . 3.
03% of the stock is owned by insiders. Analyst Upgrades and Downgrades Check Out Our Latest Report on NBT Bancorp NBT Bancorp Stock Performance NBTB opened at $42.36 on Friday.
The firm has a market capitalization of $2.00 billion, a PE ratio of 14.31 and a beta of 0.
53. The company has a current ratio of 0.87, a quick ratio of 0.
87 and a debt-to-equity ratio of 0.17. NBT Bancorp Inc.
has a twelve month low of $34.47 and a twelve month high of $52.44.
The firm’s 50-day moving average price is $42.92 and its 200 day moving average price is $46.16.
NBT Bancorp ( NASDAQ:NBTB – Get Free Report ) last posted its quarterly earnings results on Thursday, April 24th. The bank reported $0.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.
76 by $0.04. NBT Bancorp had a return on equity of 9.
39% and a net margin of 17.84%. During the same period last year, the firm earned $0.
68 earnings per share. As a group, sell-side analysts expect that NBT Bancorp Inc. will post 3.
69 EPS for the current fiscal year. NBT Bancorp Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were given a dividend of $0.
34 per share. This represents a $1.36 annualized dividend and a yield of 3.
21%. The ex-dividend date was Monday, March 3rd. NBT Bancorp’s payout ratio is currently 45.
95%. About NBT Bancorp ( Free Report ) NBT Bancorp Inc, a financial holding company, provides commercial banking, retail banking, and wealth management services. Its deposit products include demand deposit, savings, negotiable order of withdrawal, money market deposit, and certificate of deposit accounts.
The company's loan portfolio comprises indirect and direct consumer, home equity, mortgages, business banking loans, and commercial loans; commercial and industrial, commercial real estate, agricultural, and commercial construction loans; and residential real estate loans. See Also Want to see what other hedge funds are holding NBTB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NBT Bancorp Inc.
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