1 week Ago By Defense World Staff
Geode Capital Management LLC increased its holdings in shares of LINKBANCORP, Inc. (NASDAQ:LNKB – Free Report) by 0.4% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission.
The firm owned 565,304 shares of the company’s stock after acquiring an additional 2,529 shares during the period. Geode Capital Management LLC owned approximately 1.51% of LINKBANCORP worth $4,229,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently modified their holdings of LNKB. Wilmington Savings Fund Society FSB increased its stake in LINKBANCORP by 2,122.0% during the 4th quarter.
Wilmington Savings Fund Society FSB now owns 6,666 shares of the company’s stock worth $50,000 after buying an additional 6,366 shares in the last quarter. Stonebridge Financial Group LLC purchased a new stake in shares of LINKBANCORP during the fourth quarter worth approximately $150,000. JPMorgan Chase & Co.
raised its stake in LINKBANCORP by 133.1% in the 3rd quarter. JPMorgan Chase & Co.
now owns 29,788 shares of the company’s stock valued at $191,000 after purchasing an additional 17,011 shares during the last quarter. DAVENPORT & Co LLC raised its stake in LINKBANCORP by 22.2% in the 4th quarter.
DAVENPORT & Co LLC now owns 28,109 shares of the company’s stock valued at $210,000 after purchasing an additional 5,109 shares during the last quarter. Finally, Barclays PLC lifted its holdings in LINKBANCORP by 53.0% in the 3rd quarter.
Barclays PLC now owns 39,897 shares of the company’s stock valued at $257,000 after purchasing an additional 13,818 shares in the last quarter. Hedge funds and other institutional investors own 37.52% of the company’s stock.
LINKBANCORP Price PerformanceShares of LNKB opened at $6.55 on Friday. The firm has a fifty day moving average price of $6.
87 and a 200 day moving average price of $7.12. The company has a debt-to-equity ratio of 0.
37, a current ratio of 1.00 and a quick ratio of 1.00.
LINKBANCORP, Inc. has a 1-year low of $5.86 and a 1-year high of $7.
98. The stock has a market cap of $244.82 million, a PE ratio of 9.
36 and a beta of 0.51. LINKBANCORP (NASDAQ:LNKB – Get Free Report) last posted its quarterly earnings data on Monday, January 27th.
The company reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.20 by $0.
01. LINKBANCORP had a return on equity of 9.89% and a net margin of 15.
64%. As a group, sell-side analysts anticipate that LINKBANCORP, Inc. will post 0.
84 EPS for the current year. Analyst Ratings ChangesA number of equities analysts recently weighed in on the stock. Hovde Group started coverage on shares of LINKBANCORP in a research report on Tuesday, April 1st.
They set an “outperform” rating and a $8.50 price target on the stock. DA Davidson restated a “buy” rating and set a $9.
00 target price on shares of LINKBANCORP in a report on Thursday, January 30th.View Our Latest Report on LINKBANCORPLINKBANCORP Profile (Free Report)LINKBANCORP, Inc operates as a bank holding company for The Gratz Bank, that provides various banking products and services to individuals, families, nonprofit, and business customers in Pennsylvania. Its deposit products include demand, saving, and money market accounts, as well as certificates of deposits.
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(NASDAQ:LNKB – Free Report)..
