Research analysts at StockNews.com began coverage on shares of Salisbury Bancorp (NASDAQ:SAL – Get Rating) in a research note issued on Tuesday. The firm set a “hold” rating on the bank’s stock.
Salisbury Bancorp Trading Up 2.1 %
Shares of Salisbury Bancorp stock opened at $24.00 on Tuesday. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.93 and a quick ratio of 0.93. Salisbury Bancorp has a 1 year low of $22.50 and a 1 year high of $32.79. The firm has a market cap of $139.20 million, a PE ratio of 8.78 and a beta of 0.61. The company has a 50 day simple moving average of $27.24 and a two-hundred day simple moving average of $27.93.
Hedge Funds Weigh In On Salisbury Bancorp
A number of large investors have recently modified their holdings of SAL. Alliancebernstein L.P. raised its position in Salisbury Bancorp by 182.4% in the 3rd quarter. Alliancebernstein L.P. now owns 188,350 shares of the bank’s stock worth $4,513,000 after purchasing an additional 121,649 shares during the period. Vanguard Group Inc. increased its holdings in shares of Salisbury Bancorp by 98.9% in the third quarter. Vanguard Group Inc. now owns 236,342 shares of the bank’s stock worth $5,663,000 after buying an additional 117,515 shares during the period. Boothbay Fund Management LLC purchased a new stake in shares of Salisbury Bancorp during the fourth quarter valued at approximately $2,697,000. BlackRock Inc. grew its holdings in shares of Salisbury Bancorp by 262.1% in the third quarter. BlackRock Inc. now owns 70,849 shares of the bank’s stock worth $1,697,000 after purchasing an additional 51,283 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in shares of Salisbury Bancorp by 102.7% in the third quarter. Dimensional Fund Advisors LP now owns 86,015 shares of the bank’s stock worth $2,062,000 after buying an additional 43,578 shares during the period. 25.15% of the stock is owned by hedge funds and other institutional investors.
Salisbury Bancorp Company Profile
Salisbury Bancorp, Inc is a bank holding company, which engages in the provision of commercial banking, consumer financing, retail banking, and trust and wealth advisory services. Its products include checking accounts, savings and mortgage market accounts, mortgage loans, health savings account, and retirement account.
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