Financial institution of New York Mellon Corp elevated its holdings in Pink River Bancshares, Inc. (NASDAQ:RRBI – Free Report) by 7.4% within the second quarter, in accordance with the corporate in its most up-to-date Type 13F submitting with the Securities and Trade Fee. The institutional investor owned 24,611 shares of the corporate’s inventory after shopping for a further 1,690 shares throughout the interval. Financial institution of New York Mellon Corp owned 0.36% of Pink River Bancshares price $1,181,000 as of its most up-to-date submitting with the Securities and Trade Fee.
A number of different institutional traders have additionally made adjustments to their positions in RRBI. B. Riley Wealth Advisors Inc. acquired a brand new place in Pink River Bancshares within the 4th quarter valued at $224,000. BNP Paribas Monetary Markets elevated its holdings in Pink River Bancshares by 218.1% within the 4th quarter. BNP Paribas Monetary Markets now owns 6,299 shares of the corporate’s inventory valued at $353,000 after shopping for a further 4,319 shares throughout the interval. Jacobs Levy Fairness Administration Inc. purchased a brand new place in Pink River Bancshares within the 1st quarter valued at about $424,000. Acadian Asset Administration LLC raised its place in shares of Pink River Bancshares by 108.4% within the 1st quarter. Acadian Asset Administration LLC now owns 9,428 shares of the corporate’s inventory valued at $468,000 after shopping for a further 4,903 shares within the final quarter. Lastly, Russell Investments Group Ltd. lifted its holdings in shares of Pink River Bancshares by 5.6% throughout the 1st quarter. Russell Investments Group Ltd. now owns 22,919 shares of the corporate’s inventory price $1,141,000 after buying a further 1,224 shares throughout the interval. 27.55% of the inventory is at the moment owned by institutional traders.
Pink River Bancshares Value Efficiency
Shares of NASDAQ:RRBI opened at $52.67 on Friday. Pink River Bancshares, Inc. has a 1 12 months low of $42.78 and a 1 12 months excessive of $58.00. The inventory has a market capitalization of $362.90 million, a price-to-earnings ratio of 11.23 and a beta of 0.61. The corporate’s 50 day easy shifting common is $52.10 and its 200 day easy shifting common is $49.00.
Pink River Bancshares (NASDAQ:RRBI – Get Free Report) final introduced its quarterly earnings knowledge on Friday, July twenty sixth. The corporate reported $1.16 earnings per share for the quarter, topping the consensus estimate of $1.12 by $0.04. Pink River Bancshares had a return on fairness of 10.90% and a web margin of 21.56%. The enterprise had income of $26.89 million throughout the quarter, in comparison with the consensus estimate of $26.68 million. As a bunch, analysts anticipate that Pink River Bancshares, Inc. will put up 4.68 EPS for the present fiscal 12 months.
Pink River Bancshares Dividend Announcement
The agency additionally not too long ago disclosed a quarterly dividend, which was paid on Thursday, September nineteenth. Buyers of file on Monday, September ninth had been issued a $0.09 dividend. The ex-dividend date was Monday, September ninth. This represents a $0.36 dividend on an annualized foundation and a yield of 0.68%. Pink River Bancshares’s dividend payout ratio (DPR) is presently 7.68%.
Insider Shopping for and Promoting
In different Pink River Bancshares information, Director Teddy Ray Value bought 580 shares of the corporate’s inventory in a transaction dated Friday, August 2nd. The inventory was bought at a mean value of $53.16 per share, with a complete worth of $30,832.80. Following the completion of the acquisition, the director now owns 368,058 shares of the corporate’s inventory, valued at $19,565,963.28. The transaction was disclosed in a doc filed with the SEC, which is obtainable at the SEC web site. In different Pink River Bancshares information, Director Teddy Ray Value acquired 580 shares of Pink River Bancshares inventory in a transaction that occurred on Friday, August 2nd. The shares had been purchased at a mean value of $53.16 per share, with a complete worth of $30,832.80. Following the completion of the acquisition, the director now instantly owns 368,058 shares within the firm, valued at roughly $19,565,963.28. The acquisition was disclosed in a doc filed with the Securities & Trade Fee, which is accessible by means of the SEC web site. Additionally, insider Tammi R. Salazar offered 576 shares of the agency’s inventory in a transaction on Monday, July fifteenth. The inventory was offered at a mean value of $50.51, for a complete worth of $29,093.76. Following the transaction, the insider now instantly owns 40,325 shares of the corporate’s inventory, valued at $2,036,815.75. The disclosure for this sale may be discovered right here. 16.40% of the inventory is owned by company insiders.
About Pink River Bancshares
Pink River Bancshares, Inc operates as a financial institution holding firm for Pink River Financial institution that gives banking services to industrial and retail prospects in Louisiana. The corporate offers varied deposit merchandise, together with checking, saving, cash market accounts, and time deposits. It gives industrial actual property loans; one-to-four household mortgage loans and residential fairness strains of credit score; building and growth loans; industrial and industrial loans; small enterprise administration paycheck safety program loans; tax-exempt loans; client loans to people for private, household, and family functions, together with secured and unsecured installment and time period loans; house mortgage loans; and features of credit score and standby letters of credit score.
Advisable Tales
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