Shares of Bryn Mawr Bank Corp. (NASDAQ:BMTC) have earned a consensus rating of “Hold” from the six research firms that are covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $44.00.

Several research analysts recently issued reports on BMTC shares. BidaskClub raised shares of Bryn Mawr Bank from a “hold” rating to a “buy” rating in a research report on Wednesday, May 8th. Boenning Scattergood reissued a “hold” rating on shares of Bryn Mawr Bank in a research report on Monday, April 22nd. Finally, Zacks Investment Research raised shares of Bryn Mawr Bank from a “sell” rating to a “hold” rating in a research report on Wednesday, March 6th.

Shares of NASDAQ BMTC traded up $0.19 during mid-day trading on Tuesday, hitting $36.51. The company had a trading volume of 38,100 shares, compared to its average volume of 50,080. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.95 and a current ratio of 0.95. The firm’s 50-day moving average price is $37.61. Bryn Mawr Bank has a 12 month low of $32.84 and a 12 month high of $50.35. The company has a market cap of $740.01 million, a price-to-earnings ratio of 10.55 and a beta of 0.73.

Bryn Mawr Bank (NASDAQ:BMTC) last released its earnings results on Thursday, April 18th. The bank reported $0.70 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.76 by ($0.06). Bryn Mawr Bank had a net margin of 22.62% and a return on equity of 11.73%. The company had revenue of $56.90 million during the quarter, compared to the consensus estimate of $55.60 million. Analysts anticipate that Bryn Mawr Bank will post 3.14 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Saturday, June 1st. Investors of record on Wednesday, May 1st were given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 2.74%. The ex-dividend date was Tuesday, April 30th. Bryn Mawr Bank’s dividend payout ratio (DPR) is presently 28.90%.

In related news, Director Wendell F. Holland sold 4,475 shares of the stock in a transaction dated Wednesday, June 5th. The shares were sold at an average price of $37.33, for a total value of $167,051.75. Following the completion of the transaction, the director now owns 19,116 shares of the company’s stock, valued at $713,600.28. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.39% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of BMTC. Private Advisor Group LLC acquired a new stake in Bryn Mawr Bank in the 1st quarter valued at $1,134,000. Crawford Investment Counsel Inc. increased its stake in shares of Bryn Mawr Bank by 6.3% during the 1st quarter. Crawford Investment Counsel Inc. now owns 114,983 shares of the bank’s stock worth $4,154,000 after purchasing an additional 6,800 shares during the last quarter. Acadian Asset Management LLC increased its stake in shares of Bryn Mawr Bank by 99.0% during the 1st quarter. Acadian Asset Management LLC now owns 10,117 shares of the bank’s stock worth $366,000 after purchasing an additional 5,033 shares during the last quarter. Cadence Capital Management LLC increased its stake in shares of Bryn Mawr Bank by 1.8% during the 1st quarter. Cadence Capital Management LLC now owns 70,019 shares of the bank’s stock worth $2,530,000 after purchasing an additional 1,232 shares during the last quarter. Finally, AltraVue Capital LLC increased its stake in shares of Bryn Mawr Bank by 0.9% during the 1st quarter. AltraVue Capital LLC now owns 139,910 shares of the bank’s stock worth $5,055,000 after purchasing an additional 1,190 shares during the last quarter. 76.18% of the stock is owned by institutional investors.

About Bryn Mawr Bank

Bryn Mawr Bank Corporation operates as the bank holding company for The Bryn Mawr Trust Company that provides commercial and retail banking services to individual and business customers. It operates in two segments, Wealth Management and Banking. The company accepts deposit products, including interest-bearing demand accounts, wholesale time deposits, retail time deposits, savings accounts, noninterest-bearing demand accounts, and wholesale non-maturity deposits, as well as NOW and market rate accounts.

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