Stephen R. Theroux Buys 2,410 Shares of Bar Harbor Bankshares (BHB) Stock
Bar Harbor Bankshares (NYSE:BHB) Director Stephen R. Theroux acquired 2,410 shares of the firm’s stock in a transaction that occurred on Wednesday, September 13th. The shares were purchased at an average price of $27.23 per share, with a total value of $65,624.30. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
Shares of Bar Harbor Bankshares (NYSE BHB) traded up 3.67% on Friday, reaching $28.52. 72,766 shares of the company were exchanged. Bar Harbor Bankshares has a 12 month low of $25.09 and a 12 month high of $49.87. The company has a market cap of $439.78 million and a price-to-earnings ratio of 20.30. The company’s 50-day moving average price is $26.65 and its 200 day moving average price is $30.82.
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 15th. Stockholders of record on Tuesday, August 15th were paid a $0.1867 dividend. The ex-dividend date of this dividend was Friday, August 11th. This represents a $0.75 annualized dividend and a dividend yield of 2.62%.
COPYRIGHT VIOLATION NOTICE: “Stephen R. Theroux Buys 2,410 Shares of Bar Harbor Bankshares (BHB) Stock” was originally published by Daily Political and is the sole property of of Daily Political. If you are reading this story on another website, it was illegally stolen and reposted in violation of United States and international copyright law. The correct version of this story can be accessed at https://www.dailypolitical.com/2017/09/16/stephen-r-theroux-buys-2410-shares-of-bar-harbor-bankshares-bhb-stock.html.
Separately, TheStreet cut shares of Bar Harbor Bankshares from a “b” rating to a “c+” rating in a report on Friday, August 11th.
Several large investors have recently added to or reduced their stakes in BHB. Alliancebernstein L.P. bought a new stake in shares of Bar Harbor Bankshares in the 2nd quarter valued at $296,000. Janney Montgomery Scott LLC increased its stake in shares of Bar Harbor Bankshares by 7.5% in the 2nd quarter. Janney Montgomery Scott LLC now owns 11,638 shares of the financial services provider’s stock valued at $359,000 after acquiring an additional 808 shares in the last quarter. Rhumbline Advisers increased its stake in shares of Bar Harbor Bankshares by 52.5% in the 2nd quarter. Rhumbline Advisers now owns 16,463 shares of the financial services provider’s stock valued at $507,000 after acquiring an additional 5,667 shares in the last quarter. Menta Capital LLC bought a new stake in shares of Bar Harbor Bankshares in the 2nd quarter valued at $518,000. Finally, Wells Fargo & Company MN increased its stake in shares of Bar Harbor Bankshares by 10.6% in the 2nd quarter. Wells Fargo & Company MN now owns 20,693 shares of the financial services provider’s stock valued at $638,000 after acquiring an additional 1,991 shares in the last quarter.
Bar Harbor Bankshares Company Profile
Bar Harbor Bankshares is a bank holding company. The Company’s operating subsidiary, Bar Harbor Bank & Trust (the Bank), is a community bank, which offers a range of deposit, loan and related banking products, as well as brokerage services provided through a third-party brokerage arrangement. In addition, the Company offers trust and investment management services through its second tier subsidiary, Bar Harbor Trust Services, a Maine chartered non-depository trust company.
Receive News & Ratings for Bar Harbor Bankshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bar Harbor Bankshares and related companies with MarketBeat.com's FREE daily email newsletter.