BlackRock Inc. Acquires 12,528 Shares of Bar Harbor Bankshares, Inc. (BHB)

BlackRock Inc. grew its holdings in shares of Bar Harbor Bankshares, Inc. (NYSEAMERICAN:BHB) by 1.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 804,674 shares of the financial services provider’s stock after purchasing an additional 12,528 shares during the quarter. BlackRock Inc. owned about 5.21% of Bar Harbor Bankshares worth $21,734,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Trust Co. of Vermont raised its holdings in shares of Bar Harbor Bankshares by 30.1% during the 4th quarter. Trust Co. of Vermont now owns 9,735 shares of the financial services provider’s stock valued at $263,000 after purchasing an additional 2,250 shares in the last quarter. Wells Fargo & Company MN grew its stake in Bar Harbor Bankshares by 6.3% in the 4th quarter. Wells Fargo & Company MN now owns 43,304 shares of the financial services provider’s stock valued at $1,170,000 after buying an additional 2,559 shares during the last quarter. JPMorgan Chase & Co. acquired a new position in Bar Harbor Bankshares in the 3rd quarter valued at $144,000. Vigilant Capital Management LLC acquired a new position in Bar Harbor Bankshares in the 4th quarter valued at $126,000. Finally, Schwab Charles Investment Management Inc. grew its stake in Bar Harbor Bankshares by 22.0% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 30,459 shares of the financial services provider’s stock valued at $823,000 after buying an additional 5,502 shares during the last quarter.

How to Become a New Pot Stock Millionaire

In related news, Director Scott G. Toothaker purchased 6,500 shares of the firm’s stock in a transaction on Wednesday, March 7th. The shares were bought at an average cost of $29.09 per share, for a total transaction of $189,085.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders acquired a total of 6,520 shares of company stock worth $189,634 over the last 90 days.

NYSEAMERICAN:BHB opened at $28.83 on Tuesday. Bar Harbor Bankshares, Inc. has a 1 year low of $25.09 and a 1 year high of $32.94.

Bar Harbor Bankshares (NYSEAMERICAN:BHB) last posted its earnings results on Thursday, January 25th. The financial services provider reported $0.58 earnings per share (EPS) for the quarter. Bar Harbor Bankshares had a net margin of 35.35% and a return on equity of 12.02%. The business had revenue of $30.01 million for the quarter.

COPYRIGHT VIOLATION WARNING: This news story was originally reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are reading this news story on another site, it was copied illegally and reposted in violation of United States and international trademark and copyright laws. The correct version of this news story can be viewed at https://www.dispatchtribunal.com/2018/04/17/blackrock-inc-acquires-12528-shares-of-bar-harbor-bankshares-inc-bhb.html.

About Bar Harbor Bankshares

Bar Harbor Bankshares operates as a bank holding company for Bar Harbor Bank & Trust that provides commercial, retail, and wealth management banking products and services. It offers various deposit products, including interest-bearing and non-interest-bearing demand accounts, NOW accounts, time deposits, and checking, savings, and money market accounts, as well as certificates of deposit.

Institutional Ownership by Quarter for Bar Harbor Bankshares (NYSEAMERICAN:BHB)

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.

Leave a Reply