CSS LLC Il Decreases Holdings in Partners Bancorp: An Analytical Review
In the latest financial disclosure with the SEC, CSS LLC Il revealed a minimized stake of 63.6% in the shares of Partner Bancorp (NASDAQ: PTRS) for Q4. The institutional investor previously owned 87,128 shares of the company’s stock but sold 152,480 during this recent period. At the end of this quarter, CSS LLC Il retained about 0.49% ownership which amounted to $772,000.
Partners Bancorp is a renowned bank holding company that mainly provides exceptional financial services to individuals and corporate customers across Maryland and Virginia. Since its inception on January 6th, 1988, the organization has always maintained a strong stance in operating commercial banking operations within these territories.
The stock market reflected an opening price of $6.33 for Partners Bancorp during Tuesday’s trading hours. Moreover, its stock demonstrated a fifty-day simple moving average of $6.57 and a two-hundred-day simple moving average of $7.94 as recorded over time. When analyzing its performance over the year, we observe that Partners Bancorp has witnessed a low point at $5.42 while experiencing historical highs valued at $9.83.
Presently considered to have significant stability in the equity markets regarding their market capitalization valued at around $113.88 million and operating at a P/E ratio of 7.63 with a beta index of 0.40; Parters Bancorp continues to flaunt commendable liquidity ratios as it maintains a current ratio standing at 0.98 along with complementing quick ratio values- also amounting to exactly zero decimal ninety-eight- despite possessing relatively low debt-to-equity ratios currently valued at merely 0f sixteen percentage points.
To summarize up this analytical review on CSS LLC Il decreasing Partners Bancorp holdings by sixty-three point six percent in the recent quarter, we can observe that Partners Bancorp’s stock has presented varied metrics. It has showcased a divergent trend distribution over time; however, Partners Bancorp has developed strong financial resilience capabilities to keep its equity markets stable.
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Partners Bancorp: Investment Activity and Ratings Analysis
Partners Bancorp: A Closer Look at Recent Investments and Ratings
Partners Bancorp (NASDAQ:PTRS) is a bank holding company that provides financial services to individuals and corporate customers. The company offers commercial banking operations in Maryland and Virginia. Established in 1988, the firm is headquartered in Salisbury, MD.
According to recent reports, numerous hedge funds and institutional investors have recently made changes to their positions in Partners Bancorp. For instance, UBS Group AG increased its holdings by 178.7% during Q3 2016, owning stocks worth $28,000 after purchasing additional shares worth $2,003 in the previous quarter.
Prelude Capital Management LLC bought a new stake during Q3 2016 worth $98,000 while Cora Capital Advisors LLC bought a new stake in Partners Bancorp during Q4 2016 worth $103,000. Folger Nolan Fleming Douglas Capital Management Inc. also bought new shares in Q4 2016 worth $146,000 while Salzhauer Michael made a similar investment during the same time frame with shares valued at $97,000.
In total institutional investors and hedge funds own approximately 12.14% of the company’s stock.
TheStreet has downgraded Partners Bancorp from a “b-” rating to a “c+” rating according to its latest report released on May 19th.
Partners Bancorp recently released its quarterly earnings data on May 1st where it reported an earnings per share (EPS) of $0.19 for the quarter with revenue of $16.42 million generated during the same period. The return on equity was recorded at 10.80% with a net margin of 20.56%.
The company also paid out a quarterly dividend on May 17th of this year where shareholders of record were awarded a dividend payout of $0.04 per share; representing an annualized return of $0.16 and a yield of 2.53%.
Partners Bancorp has seen significant investment activity in recent months by institutional investors and hedge funds at a time when TheStreet has downgraded its rating from “b-” to “c+”. Despite this, the company is continuing to generate revenue with a strong net margin. Shareholders will be pleased to see that the company has continued to payout its quarterly dividends with an attractive annualized yield.