Sussex Bancorp (NASDAQ:SBBX).
Basswood Capital Management, L.l.c. says it bought 1,980 shares in the previous quarter increasing its stake in Sussex Bancorp (SBBX) by 0.3%. Its position was worth $13,623,000 a decrease of $326,000 as of quarter end.
The following firms have recently changed their position in SBBX. Wells Fargo & Company/mn reduced its investment by selling 62,476 shares a decrease of 97.8% in the quarter. Wells Fargo & Company/mn now controls 1,438 shares with a value of $34,000. The total value of its holdings decreased 97.8%. As of the end of the quarter Dimensional Fund Advisors Lp had disposed of 6,460 shares trimming its position 6.5%. The value of the investment in (SBBX) went from $2,474,000 to $2,216,000 decreasing 10.4% since the last quarter.
Alliancebernstein L.P. trimmed its ownership by shedding 6,173 shares a decrease of 4.2% from 06/30/2017 to 09/30/2017. Alliancebernstein L.P. claims 139,807 shares worth $3,313,000. The value of the position overall is down by 6.8%.
October 3 investment analysts at Keefe, Bruyette & Woods held the stock rating at “Buy” targeting a price of $28.50.
The company is now up since yesterday’s close of 25.1. The P/E ratio is 19.38 and market cap is 154.93M. In the latest earnings report the EPS was $1.32 with 6.04M shares currently outstanding.
Traders are more bearish of late if you put credence in the change in short interest. The firm recorded a rise in short interest of 2.91% between September 29, 2017 and October 13, 2017. Short interest grew 6,031 over that timeframe. Days to cover increased from 17.0 to 21.0 and the percentage of shorted shares is 0.04% as of October 13.