2 weeks Ago By ABMN Staff
Federated Hermes Inc. boosted its position in shares of Northeast Bank ( NASDAQ:NBN – Free Report ) by 44.4% in the 4th quarter, HoldingsChannel reports.
The firm owned 1,557 shares of the financial services provider’s stock after buying an additional 479 shares during the period. Federated Hermes Inc.’s holdings in Northeast Bank were worth $143,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in the company. State Street Corp raised its stake in shares of 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 acquiring an additional 8,518 shares during the last quarter. Jane Street Group LLC raised its position in Northeast Bank by 23.6% in the 3rd 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 last quarter. Barclays PLC boosted its stake in Northeast Bank by 278.7% in the third 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. Geode Capital Management LLC grew its holdings in shares of Northeast Bank by 0.5% during the third quarter.
Geode Capital Management LLC now owns 153,470 shares of the financial services provider’s stock worth $11,840,000 after purchasing an additional 801 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of Northeast Bank by 136.
3% in the third quarter. JPMorgan Chase & Co. now owns 27,699 shares of the financial services provider’s stock valued at $2,136,000 after buying an additional 15,975 shares in the last quarter.
Northeast Bank Price Performance NBN stock opened at $89.06 on Friday. The company has a 50 day moving average price of $92.
97 and a 200 day moving average price of $94.02. Northeast Bank has a fifty-two week low of $50.
45 and a fifty-two week high of $110.35. The stock has a market capitalization of $730.
83 million, a PE ratio of 10.37 and a beta of 0.85.
Northeast Bank Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Tuesday, February 18th were issued a dividend of $0.01 per share.
The ex-dividend date was Tuesday, February 18th. This represents a $0.04 annualized dividend and a yield of 0.
04%. Northeast Bank’s dividend payout ratio is currently 0.47%.
Wall Street Analysts Forecast Growth Separately, Keefe, Bruyette & Woods upped their price target on shares of Northeast Bank from $102.00 to $115.00 and gave the stock a “market perform” rating in a research report on Monday, February 10th.
Get Our Latest Stock Report on Northeast Bank About Northeast Bank ( 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 Stories 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.
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