Rhumbline Advisers bought a new stake in Bank Of Princeton (NASDAQ:BPRN) in the 4th quarter, according to its most recent filing with the SEC. The fund bought 8,036 shares of the company’s stock, valued at approximately $224,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Alliancebernstein L.P. lifted its stake in shares of Bank Of Princeton by 45.4% in the 3rd quarter. Alliancebernstein L.P. now owns 53,198 shares of the company’s stock valued at $1,625,000 after purchasing an additional 16,600 shares during the period. BlackRock Inc. lifted its stake in shares of Bank Of Princeton by 4.1% in the 3rd quarter. BlackRock Inc. now owns 283,058 shares of the company’s stock valued at $8,645,000 after purchasing an additional 11,224 shares during the period. Vanguard Group Inc. lifted its stake in shares of Bank Of Princeton by 12.4% in the 3rd quarter. Vanguard Group Inc. now owns 280,947 shares of the company’s stock valued at $8,581,000 after purchasing an additional 31,076 shares during the period. Northern Trust Corp lifted its stake in shares of Bank Of Princeton by 727.9% in the 2nd quarter. Northern Trust Corp now owns 55,393 shares of the company’s stock valued at $1,842,000 after purchasing an additional 48,702 shares during the period. Finally, JPMorgan Chase & Co. lifted its stake in shares of Bank Of Princeton by 199.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,538 shares of the company’s stock valued at $139,000 after purchasing an additional 3,025 shares during the period. Hedge funds and other institutional investors own 36.21% of the company’s stock.

NASDAQ:BPRN opened at $31.40 on Thursday. The firm has a market cap of $205.90 million, a price-to-earnings ratio of 14.58 and a beta of 0.50. Bank Of Princeton has a fifty-two week low of $26.77 and a fifty-two week high of $35.45.

Bank Of Princeton (NASDAQ:BPRN) last posted its quarterly earnings data on Tuesday, January 29th. The company reported $0.55 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.56 by ($0.01). The business had revenue of $10.91 million for the quarter, compared to the consensus estimate of $11.51 million. Equities analysts predict that Bank Of Princeton will post 2.47 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 28th. Shareholders of record on Friday, February 8th were given a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a yield of 0.38%. The ex-dividend date was Thursday, February 7th. Bank Of Princeton’s dividend payout ratio is presently 5.61%.

BPRN has been the subject of several analyst reports. Zacks Investment Research upgraded shares of Bank Of Princeton from a “sell” rating to a “hold” rating in a research note on Monday, December 3rd. ValuEngine upgraded shares of Bank Of Princeton from a “sell” rating to a “hold” rating in a research note on Friday, January 4th. Boenning Scattergood reiterated a “buy” rating on shares of Bank Of Princeton in a research note on Tuesday, February 5th. Finally, TheStreet upgraded shares of Bank Of Princeton from a “c” rating to a “b-” rating in a research note on Monday, March 11th. Two analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the company’s stock. Bank Of Princeton has a consensus rating of “Buy” and an average target price of $35.67.

ILLEGAL ACTIVITY NOTICE: This piece was published by Watch List News and is the sole property of of Watch List News. If you are accessing this piece on another domain, it was illegally stolen and reposted in violation of US and international trademark and copyright law. The correct version of this piece can be accessed at https://www.watchlistnews.com/rhumbline-advisers-buys-new-position-in-bank-of-princeton-bprn/2923488.html.

About Bank Of Princeton

The Bank of Princeton provides various banking products and services in the United States. The company offers checking accounts, savings accounts, attorney trust accounts, money market accounts, and certificates of deposit; and commercial real estate and multi-family, commercial and industrial, construction, residential first-lien mortgage, home equity, and consumer loans, as well as lines of credit.

Recommended Story: Straddles

Want to see what other hedge funds are holding BPRN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Bank Of Princeton (NASDAQ:BPRN).

Institutional Ownership by Quarter for Bank Of Princeton (NASDAQ:BPRN)

Receive News & Ratings for Bank Of Princeton Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank Of Princeton and related companies with MarketBeat.com's FREE daily email newsletter.