6 days Ago By ABMN Staff
Russell Investments Group Ltd. reduced its holdings in shares of Northeast Bank ( NASDAQ:NBN – Free Report ) by 21.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission.
The firm owned 50,548 shares of the financial services provider’s stock after selling 13,946 shares during the period. Russell Investments Group Ltd. owned 0.
62% of Northeast Bank worth $4,637,000 as of its most recent SEC filing. Several other hedge funds have also recently made changes to their positions in the business. BNP Paribas Financial Markets increased its holdings in Northeast Bank by 36.
7% in the third quarter. BNP Paribas Financial Markets now owns 1,647 shares of the financial services provider’s stock worth $127,000 after purchasing an additional 442 shares in the last quarter. State Street Corp increased its stake in Northeast Bank by 6.
3% in the third quarter. State Street Corp now owns 144,591 shares of the financial services provider’s stock valued at $11,152,000 after purchasing an additional 8,518 shares in the last quarter. Jane Street Group LLC raised its holdings in shares of Northeast Bank by 23.
6% during the third quarter. Jane Street Group LLC now owns 8,047 shares of the financial services provider’s stock valued at $621,000 after purchasing an additional 1,535 shares during the period. Barclays PLC boosted its position in shares of Northeast Bank by 278.
7% during the 3rd quarter. Barclays PLC now owns 8,646 shares of the financial services provider’s stock worth $666,000 after purchasing an additional 6,363 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in Northeast Bank by 0.
5% in the 3rd quarter. Geode Capital Management LLC now owns 153,470 shares of the financial services provider’s stock valued at $11,840,000 after buying an additional 801 shares in the last quarter. Northeast Bank Price Performance NASDAQ:NBN opened at $84.
86 on Tuesday. Northeast Bank has a one year low of $50.02 and a one year high of $110.
35. The company has a market cap of $696.36 million, a PE ratio of 9.
88 and a beta of 0.85. The firm has a 50-day moving average of $94.
52 and a 200-day moving average of $93.94. Northeast Bank Announces Dividend The company also recently announced a quarterly dividend, which was paid on Tuesday, March 4th.
Stockholders of record on Tuesday, February 18th were paid a $0.01 dividend. The ex-dividend date was Tuesday, February 18th.
This represents a $0.04 annualized dividend and a dividend yield of 0.05%.
Northeast Bank’s payout ratio is 0.47%. Analyst Upgrades and Downgrades Separately, Keefe, Bruyette & Woods raised their price objective on Northeast Bank from $102.
00 to $115.00 and gave the company a “market perform” rating in a research note on Monday, February 10th. View Our Latest Research Report on NBN Northeast Bank Company Profile ( Free Report ) Northeast Bank provides banking services to individual and corporate customers in Maine.
The company's deposit products include demand deposit, NOW, money market, savings, certificate of deposit, and individual retirement accounts, as well as checking accounts. Its loan portfolio comprises residential mortgage loans; multi-family and other commercial real estate loans; commercial and industrial loans, such as term loans, lines of credit and equipment, and receivables financing; consumer loans comprising mobile home and overdraft, and deposit-secured loans; and small business administration loans. Featured Articles Want to see what other hedge funds are holding NBN? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Northeast Bank ( NASDAQ:NBN – Free Report ). Receive News & Ratings for Northeast Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Northeast Bank and related companies with MarketBeat.com's FREE daily email newsletter .
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