Evans Bancorp Inc. (NYSEAMERICAN:EVBN) Shares Bought by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC lifted its position in Evans Bancorp Inc. (NYSEAMERICAN:EVBN) by 224.2% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 1,031 shares of the bank’s stock after acquiring an additional 713 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Evans Bancorp were worth $37,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. BlackRock Inc. lifted its position in Evans Bancorp by 3.0% during the fourth quarter. BlackRock Inc. now owns 239,863 shares of the bank’s stock valued at $7,798,000 after purchasing an additional 7,024 shares during the period. JCSD Capital LLC boosted its position in shares of Evans Bancorp by 2.4% during the fourth quarter. JCSD Capital LLC now owns 152,958 shares of the bank’s stock worth $4,973,000 after acquiring an additional 3,518 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Evans Bancorp by 3.3% during the first quarter. Dimensional Fund Advisors LP now owns 125,913 shares of the bank’s stock worth $4,489,000 after acquiring an additional 3,968 shares during the last quarter. Mendon Capital Advisors Corp lifted its position in Evans Bancorp by 10.2% during the fourth quarter. Mendon Capital Advisors Corp now owns 99,876 shares of the bank’s stock valued at $3,247,000 after purchasing an additional 9,232 shares during the last quarter. Finally, Penn Capital Management Co. Inc. lifted its position in Evans Bancorp by 3.6% during the first quarter. Penn Capital Management Co. Inc. now owns 80,818 shares of the bank’s stock valued at $2,881,000 after purchasing an additional 2,832 shares during the last quarter.

In related news, insider David J. Nasca sold 13,079 shares of Evans Bancorp stock in a transaction that occurred on Wednesday, May 15th. The shares were sold at an average price of $36.00, for a total value of $470,844.00. Following the completion of the sale, the insider now directly owns 72,926 shares in the company, valued at approximately $2,625,336. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold a total of 13,802 shares of company stock valued at $496,330 over the last quarter.

EVBN stock traded down $0.24 during trading on Wednesday, hitting $35.07. The company had a trading volume of 91 shares, compared to its average volume of 5,373. Evans Bancorp Inc. has a 52-week low of $30.61 and a 52-week high of $49.23.

Evans Bancorp (NYSEAMERICAN:EVBN) last posted its earnings results on Wednesday, April 24th. The bank reported $0.75 EPS for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.03). The business had revenue of $16.70 million for the quarter.

WARNING: This news story was published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this news story on another site, it was stolen and reposted in violation of U.S. & international copyright laws. The correct version of this news story can be read at https://www.dispatchtribunal.com/2019/06/12/evans-bancorp-inc-nyseamericanevbn-shares-bought-by-o-shaughnessy-asset-management-llc.html.

Evans Bancorp Company Profile

Evans Bancorp, Inc offers banking products and services. The company offers demand deposits and interest and non-interest bearing time and savings deposits. The company's deposits include jumbo deposits and retail time deposits. The bank provides commercial and industrial loans, consumer loans, commercial real estate loans, and other loans and leases.

See Also: Swap

Want to see what other hedge funds are holding EVBN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Evans Bancorp Inc. (NYSEAMERICAN:EVBN).

Institutional Ownership by Quarter for Evans Bancorp (NYSEAMERICAN:EVBN)

Receive News & Ratings for Evans Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Evans Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.