Wells Fargo & Company MN boosted its holdings in shares of Bar Harbor Bankshares (NYSEAMERICAN:BHB) by 45.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 41,248 shares of the financial services provider’s stock after buying an additional 12,881 shares during the quarter. Wells Fargo & Company MN’s holdings in Bar Harbor Bankshares were worth $1,097,000 as of its most recent SEC filing.
A number of other large investors have also modified their holdings of the stock. FMR LLC boosted its position in Bar Harbor Bankshares by 67.4% during the 1st quarter. FMR LLC now owns 251,869 shares of the financial services provider’s stock valued at $6,516,000 after acquiring an additional 101,404 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Bar Harbor Bankshares by 5.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 585,413 shares of the financial services provider’s stock valued at $13,131,000 after acquiring an additional 31,252 shares during the period. North Star Investment Management Corp. raised its position in shares of Bar Harbor Bankshares by 5,788.5% in the 2nd quarter. North Star Investment Management Corp. now owns 30,620 shares of the financial services provider’s stock worth $814,000 after acquiring an additional 30,100 shares in the last quarter. Punch & Associates Investment Management Inc. raised its position in shares of Bar Harbor Bankshares by 1.6% in the 1st quarter. Punch & Associates Investment Management Inc. now owns 481,237 shares of the financial services provider’s stock worth $12,450,000 after acquiring an additional 7,441 shares in the last quarter. Finally, SG Americas Securities LLC purchased a new stake in shares of Bar Harbor Bankshares during the 1st quarter worth $176,000.
In other Bar Harbor Bankshares news, Director Scott G. Toothaker acquired 5,371 shares of the firm’s stock in a transaction dated Tuesday, August 27th. The stock was purchased at an average price of $21.63 per share, for a total transaction of $116,174.73. Following the acquisition, the director now owns 29,580 shares in the company, valued at approximately $639,815.40. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Over the last 90 days, insiders acquired 7,067 shares of company stock valued at $155,540.
Bar Harbor Bankshares (NYSEAMERICAN:BHB) last released its quarterly earnings results on Thursday, July 18th. The financial services provider reported $0.41 earnings per share for the quarter. The firm had revenue of $28.95 million during the quarter.
The company also recently announced a dividend, which was paid on Friday, September 13th. Investors of record on Tuesday, August 13th were given a dividend of $0.22 per share. The ex-dividend date of this dividend was Monday, August 12th.
Separately, TheStreet lowered Bar Harbor Bankshares from a “b-” rating to a “c+” rating in a research note on Tuesday, August 27th.
Bar Harbor Bankshares Profile
Bar Harbor Bankshares operates as the holding company for Bar Harbor Bank & Trust that provides commercial, retail, and wealth management banking products and services. It offers various deposit products, including interest-bearing and non-interest-bearing demand accounts, time deposits, and checking, savings, and money market accounts, as well as certificates of deposit.
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