Eidelman Virant Capital Purchases 1,000 Shares of Salisbury Bancorp, Inc. (NASDAQ:SAL)
Eidelman Virant Capital grew its stake in Salisbury Bancorp, Inc. (NASDAQ:SAL) by 3.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 34,754 shares of the bank’s stock after buying an additional 1,000 shares during the quarter. Eidelman Virant Capital owned 1.23% of Salisbury Bancorp worth $1,587,000 at the end of the most recent reporting period.
Other institutional investors also recently added to or reduced their stakes in the company. Resources Management Corp CT ADV acquired a new stake in Salisbury Bancorp during the 3rd quarter worth approximately $151,000. FNY Investment Advisers LLC bought a new stake in shares of Salisbury Bancorp during the third quarter valued at about $202,000. Finally, Vanguard Group Inc. increased its position in shares of Salisbury Bancorp by 9.4% during the second quarter. Vanguard Group Inc. now owns 17,587 shares of the bank’s stock valued at $685,000 after buying an additional 1,509 shares during the period. Institutional investors own 9.53% of the company’s stock.
A number of brokerages recently commented on SAL. Zacks Investment Research lowered Salisbury Bancorp from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 1st. ValuEngine raised Salisbury Bancorp from a “strong sell” rating to a “sell” rating in a research note on Wednesday, December 11th.
Salisbury Bancorp (NASDAQ:SAL) last released its quarterly earnings data on Friday, October 25th. The bank reported $1.05 EPS for the quarter, beating the consensus estimate of $0.83 by $0.22. The company had revenue of $10.29 million for the quarter, compared to analysts’ expectations of $10.94 million. Salisbury Bancorp had a return on equity of 9.55% and a net margin of 19.95%. As a group, research analysts anticipate that Salisbury Bancorp, Inc. will post 3.86 earnings per share for the current fiscal year.
Salisbury Bancorp Profile
Salisbury Bancorp, Inc operates as the bank holding company for Salisbury Bank and Trust Company that provides commercial banking, consumer financing, retail banking, and trust and wealth advisory services. It offers various retail and commercial deposit products. The company also provides loans, such as residential and commercial real estate loans; construction loans; commercial loans; and consumer loans, including home equity loans and lines of credit, and auto and personal installment loans.
Featured Article: Most Active Stocks
Want to see what other hedge funds are holding SAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Salisbury Bancorp, Inc. (NASDAQ:SAL).
Receive News & Ratings for Salisbury Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Salisbury Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.