Trexquant Investment LP bought a new stake in The Bancorp, Inc. (NASDAQ:TBBK) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 19,600 shares of the bank’s stock, valued at approximately $162,000.

A number of other large investors also recently modified their holdings of TBBK. Frontier Capital Management Co. LLC purchased a new stake in The Bancorp in the 2nd quarter valued at $12,162,000. Signia Capital Management LLC grew its holdings in The Bancorp by 64.4% in the 2nd quarter. Signia Capital Management LLC now owns 1,006,430 shares of the bank’s stock valued at $7,628,000 after buying an additional 394,183 shares in the last quarter. Chicago Equity Partners LLC purchased a new stake in The Bancorp in the 3rd quarter valued at $3,225,000. Dimensional Fund Advisors LP grew its holdings in The Bancorp by 9.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,687,237 shares of the bank’s stock valued at $20,370,000 after buying an additional 233,451 shares in the last quarter. Finally, Emerald Mutual Fund Advisers Trust grew its holdings in The Bancorp by 54.7% in the 3rd quarter. Emerald Mutual Fund Advisers Trust now owns 625,049 shares of the bank’s stock valued at $5,169,000 after buying an additional 220,912 shares in the last quarter. Institutional investors own 72.84% of the company’s stock.

In other news, Director Daniel G. Cohen sold 250,000 shares of the company’s stock in a transaction on Tuesday, November 28th. The stock was sold at an average price of $9.53, for a total value of $2,382,500.00. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director John C. Chrystal sold 62,285 shares of the company’s stock in a transaction on Thursday, December 7th. The shares were sold at an average price of $9.65, for a total value of $601,050.25. The disclosure for this sale can be found here. Corporate insiders own 12.40% of the company’s stock.

TBBK has been the subject of several analyst reports. Zacks Investment Research cut The Bancorp from a “buy” rating to a “hold” rating in a report on Saturday. BidaskClub upgraded The Bancorp from a “hold” rating to a “buy” rating in a report on Wednesday, August 23rd. Finally, Piper Jaffray Companies restated a “hold” rating and issued a $9.00 target price on shares of The Bancorp in a report on Friday, November 10th. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $8.56.

The Bancorp, Inc. (NASDAQ:TBBK) opened at $9.48 on Monday. The Bancorp, Inc. has a 12 month low of $4.41 and a 12 month high of $10.19. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.50 and a current ratio of 0.60.

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About The Bancorp

The Bancorp, Inc is a financial holding company and its primary subsidiary is The Bancorp Bank (the Bank). The Company has four primary lines of specialty lending: securities backed lines of credit (SBLOC), automobile fleet and other equipment leasing, Small Business Administration (SBA), loans and loans generated for sale into capital markets primarily through both commercial mortgage backed securities (CMBS) and collateralized loan obligations (CLOs).

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Institutional Ownership by Quarter for The Bancorp (NASDAQ:TBBK)

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