O Shaughnessy Asset Management LLC Buys New Position in Bank Of Princeton (NASDAQ:BPRN)

O Shaughnessy Asset Management LLC bought a new stake in Bank Of Princeton (NASDAQ:BPRN) in the 1st quarter, according to its most recent filing with the SEC. The fund bought 1,092 shares of the company’s stock, valued at approximately $35,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of BPRN. BNP Paribas Arbitrage SA grew its holdings in Bank Of Princeton by 513.6% in the 1st quarter. BNP Paribas Arbitrage SA now owns 1,221 shares of the company’s stock valued at $39,000 after buying an additional 1,022 shares during the period. Bank of America Corp DE grew its holdings in Bank Of Princeton by 18.4% in the 4th quarter. Bank of America Corp DE now owns 3,783 shares of the company’s stock valued at $106,000 after buying an additional 588 shares during the period. Brinker Capital Inc. purchased a new stake in Bank Of Princeton in the 1st quarter valued at about $207,000. Acadian Asset Management LLC grew its holdings in Bank Of Princeton by 15.1% in the 4th quarter. Acadian Asset Management LLC now owns 7,649 shares of the company’s stock valued at $214,000 after buying an additional 1,001 shares during the period. Finally, Rhumbline Advisers purchased a new stake in Bank Of Princeton in the 4th quarter valued at about $224,000. Hedge funds and other institutional investors own 36.46% of the company’s stock.

BPRN has been the subject of a number of research reports. B. Riley reiterated a “neutral” rating on shares of Bank Of Princeton in a report on Wednesday, April 10th. TheStreet cut Bank Of Princeton from a “b” rating to a “c+” rating in a report on Thursday, April 25th. Boenning Scattergood cut Bank Of Princeton from an “outperform” rating to a “neutral” rating in a report on Wednesday, April 24th. Sandler O’Neill cut Bank Of Princeton from a “buy” rating to a “hold” rating and set a $33.00 target price for the company. in a report on Tuesday, April 23rd. Finally, Zacks Investment Research cut Bank Of Princeton from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 9th. Five research analysts have rated the stock with a hold rating, The stock currently has a consensus rating of “Hold” and an average price target of $34.00.

Shares of NASDAQ:BPRN traded down $0.34 during trading on Wednesday, reaching $28.58. 1,458 shares of the stock were exchanged, compared to its average volume of 6,599. Bank Of Princeton has a 12-month low of $26.77 and a 12-month high of $35.45. The stock has a market capitalization of $188.09 million, a P/E ratio of 13.36 and a beta of 0.49.

Bank Of Princeton (NASDAQ:BPRN) last released its quarterly earnings results on Monday, April 22nd. The company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.53 by ($0.50). The company had revenue of $10.70 million during the quarter, compared to analysts’ expectations of $11.22 million. Research analysts expect that Bank Of Princeton will post 1.85 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, May 31st. Investors of record on Friday, May 10th were given a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 0.42%. The ex-dividend date of this dividend was Thursday, May 9th. Bank Of Princeton’s dividend payout ratio (DPR) is presently 5.61%.

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Bank Of Princeton Company Profile

The Bank of Princeton provides various banking products and services. The company accepts checking, savings, attorney trust, and money market accounts, as well as certificates of deposit. Its loan products include commercial real estate and multi-family, commercial and industrial, construction, residential first-lien mortgage, home equity, and consumer loans, as well as lines of credit.

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Institutional Ownership by Quarter for Bank Of Princeton (NASDAQ:BPRN)

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