Wheatland Advisors Inc. held its stake in ACNB Corporation (NASDAQ:ACNB) during the second quarter, Holdings Channel reports. The firm owned 9,308 shares of the bank’s stock at the end of the second quarter. Wheatland Advisors Inc.’s holdings in ACNB Corporation were worth $284,000 at the end of the most recent reporting period.

Separately, Financial Consulate Inc. raised its stake in ACNB Corporation by 9.6% in the second quarter. Financial Consulate Inc. now owns 22,735 shares of the bank’s stock valued at $693,000 after buying an additional 2,000 shares in the last quarter. Institutional investors and hedge funds own 19.28% of the company’s stock.

Shares of ACNB Corporation (ACNB) opened at 26.20 on Thursday. The company has a market capitalization of $158.96 million, a price-to-earnings ratio of 14.48 and a beta of 0.23. ACNB Corporation has a 1-year low of $24.45 and a 1-year high of $32.85. The stock’s 50 day moving average price is $29.14 and its 200 day moving average price is $29.56.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Friday, September 1st will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 3.05%. The ex-dividend date is Wednesday, August 30th. ACNB Corporation’s payout ratio is 44.20%.

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In other ACNB Corporation news, Director David L. Sites bought 1,500 shares of the company’s stock in a transaction on Friday, May 19th. The stock was bought at an average price of $29.50 per share, for a total transaction of $44,250.00. Following the transaction, the director now owns 27,385 shares of the company’s stock, valued at approximately $807,857.50. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director James J. Lott bought 1,000 shares of the company’s stock in a transaction on Thursday, May 25th. The shares were acquired at an average price of $28.77 per share, with a total value of $28,770.00. Following the transaction, the director now directly owns 7,630 shares in the company, valued at approximately $219,515.10. The disclosure for this purchase can be found here. Insiders have acquired a total of 6,295 shares of company stock valued at $183,597 in the last quarter. Corporate insiders own 2.75% of the company’s stock.

About ACNB Corporation

ACNB Corporation is a financial holding company. The Company’s banking operations are conducted through its operating subsidiary, ACNB Bank (the Bank), and offers a range of property and casualty, life and health insurance to both commercial and individual clients through its subsidiary, Russell Insurance Group, Inc (RIG).

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Institutional Ownership by Quarter for ACNB Corporation (NASDAQ:ACNB)

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