WBI Investments Inc. purchased a new position in Bar Harbor Bankshares (NYSEAMERICAN:BHB) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 10,552 shares of the financial services provider’s stock, valued at approximately $303,000.
A number of other institutional investors have also recently modified their holdings of the stock. First Trust Advisors LP raised its holdings in Bar Harbor Bankshares by 18.3% during the second quarter. First Trust Advisors LP now owns 17,549 shares of the financial services provider’s stock worth $532,000 after purchasing an additional 2,716 shares in the last quarter. Strs Ohio raised its holdings in Bar Harbor Bankshares by 103.9% during the second quarter. Strs Ohio now owns 26,100 shares of the financial services provider’s stock worth $790,000 after purchasing an additional 13,300 shares in the last quarter. Schwab Charles Investment Management Inc. raised its holdings in Bar Harbor Bankshares by 18.9% during the second quarter. Schwab Charles Investment Management Inc. now owns 40,139 shares of the financial services provider’s stock worth $1,216,000 after purchasing an additional 6,380 shares in the last quarter. First Manhattan Co. raised its holdings in Bar Harbor Bankshares by 4.9% during the second quarter. First Manhattan Co. now owns 50,407 shares of the financial services provider’s stock worth $1,526,000 after purchasing an additional 2,350 shares in the last quarter. Finally, LSV Asset Management raised its holdings in Bar Harbor Bankshares by 1.8% during the second quarter. LSV Asset Management now owns 110,275 shares of the financial services provider’s stock worth $3,340,000 after purchasing an additional 2,000 shares in the last quarter.
In other news, Director Stephen R. Theroux sold 1,200 shares of Bar Harbor Bankshares stock in a transaction on Wednesday, August 29th. The shares were sold at an average price of $29.30, for a total value of $35,160.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders bought a total of 540 shares of company stock worth $13,794 over the last ninety days.
Shares of Bar Harbor Bankshares stock opened at $25.58 on Tuesday. Bar Harbor Bankshares has a 12 month low of $23.87 and a 12 month high of $30.95.
Bar Harbor Bankshares (NYSEAMERICAN:BHB) last announced its earnings results on Thursday, October 18th. The financial services provider reported $0.58 EPS for the quarter. The business had revenue of $29.60 million during the quarter.
The firm also recently announced a quarterly dividend, which will be paid on Friday, December 14th. Stockholders of record on Wednesday, November 14th will be issued a $0.20 dividend. The ex-dividend date of this dividend is Tuesday, November 13th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.13%.
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Bar Harbor Bankshares Company Profile
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.
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