Dimensional Fund Advisors LP lifted its stake in Codorus Valley Bancorp, Inc (NASDAQ:CVLY) by 9.7% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 113,708 shares of the financial services provider’s stock after acquiring an additional 10,043 shares during the quarter. Dimensional Fund Advisors LP owned 1.35% of Codorus Valley Bancorp worth $3,229,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of CVLY. FMR LLC increased its stake in Codorus Valley Bancorp by 3.9% during the 2nd quarter. FMR LLC now owns 757,370 shares of the financial services provider’s stock worth $21,509,000 after buying an additional 28,146 shares during the period. Vanguard Group Inc. increased its stake in Codorus Valley Bancorp by 2.0% during the 2nd quarter. Vanguard Group Inc. now owns 277,204 shares of the financial services provider’s stock worth $7,873,000 after buying an additional 5,531 shares during the period. Northern Trust Corp increased its stake in Codorus Valley Bancorp by 7.4% during the 2nd quarter. Northern Trust Corp now owns 87,956 shares of the financial services provider’s stock worth $2,498,000 after buying an additional 6,065 shares during the period. Bank of New York Mellon Corp increased its stake in Codorus Valley Bancorp by 2.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 31,363 shares of the financial services provider’s stock worth $891,000 after buying an additional 713 shares during the period. Finally, Context BH Capital Management LP increased its stake in Codorus Valley Bancorp by 7.7% during the 2nd quarter. Context BH Capital Management LP now owns 22,897 shares of the financial services provider’s stock worth $650,000 after buying an additional 1,628 shares during the period. Hedge funds and other institutional investors own 49.41% of the company’s stock.

Shares of Codorus Valley Bancorp, Inc (NASDAQ:CVLY) opened at $28.48 on Monday. Codorus Valley Bancorp, Inc has a 52 week low of $23.05 and a 52 week high of $34.75. The firm has a market cap of $253.03, a P/E ratio of 17.91 and a beta of 0.78. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.82.

Codorus Valley Bancorp (NASDAQ:CVLY) last announced its quarterly earnings data on Thursday, October 19th. The financial services provider reported $0.38 EPS for the quarter. Codorus Valley Bancorp had a net margin of 18.16% and a return on equity of 9.00%. The company had revenue of $18.10 million for the quarter.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, November 14th. Shareholders of record on Tuesday, October 24th were given a $0.135 dividend. This represents a $0.54 dividend on an annualized basis and a dividend yield of 1.90%. The ex-dividend date of this dividend was Monday, October 23rd. Codorus Valley Bancorp’s dividend payout ratio is presently 32.53%.

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Codorus Valley Bancorp Profile

Codorus Valley Bancorp, Inc is a bank holding company. The Company provides a range of banking services through its subsidiary, PeoplesBank, A Codorus Valley Company (PeoplesBank). The Company operates through the community banking segment. PeoplesBank is a chartered bank that offers a range of business and consumer banking services.

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Institutional Ownership by Quarter for Codorus Valley Bancorp (NASDAQ:CVLY)

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