Separately, Zacks Investment Research downgraded Salisbury Bancorp from a buy rating to a hold rating in a research report on Wednesday, March 30th.
NASDAQ SAL opened at $54.61 on Monday. The company has a market cap of $157.06 million, a P/E ratio of 9.51 and a beta of 0.75. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.92 and a current ratio of 0.92. The business’s 50 day moving average price is $55.89 and its 200-day moving average price is $53.79. Salisbury Bancorp has a fifty-two week low of $40.10 and a fifty-two week high of $59.90.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 25th. Shareholders of record on Friday, February 11th were given a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 2.34%. The ex-dividend date of this dividend was Thursday, February 10th. This is an increase from Salisbury Bancorp’s previous quarterly dividend of $0.31. Salisbury Bancorp’s dividend payout ratio is 22.30%.
In other Salisbury Bancorp news, EVP Todd J. Rubino sold 1,000 shares of the company’s stock in a transaction on Monday, February 7th. The stock was sold at an average price of $56.50, for a total value of $56,500.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 8.88% of the company’s stock.
Hedge funds have recently modified their holdings of the business. Magnolia Capital Management Ltd. purchased a new stake in shares of Salisbury Bancorp in the 4th quarter worth $59,000. Royal Bank of Canada lifted its holdings in shares of Salisbury Bancorp by 1,007.3% in the 3rd quarter. Royal Bank of Canada now owns 1,517 shares of the bank’s stock worth $77,000 after buying an additional 1,380 shares during the period. Janney Montgomery Scott LLC purchased a new stake in shares of Salisbury Bancorp in the 4th quarter worth $200,000. Maltese Capital Management LLC purchased a new stake in shares of Salisbury Bancorp during the 3rd quarter worth $254,000. Finally, Millennium Management LLC purchased a new stake in shares of Salisbury Bancorp during the 2nd quarter worth $438,000. Institutional investors and hedge funds own 23.04% of the company’s stock.
Salisbury Bancorp Company Profile (Get Rating)
Salisbury Bancorp, Inc is a bank holding company, which engages in the provision of commercial banking, consumer financing, retail banking, and trust and wealth advisory services. Its products include checking accounts, savings and mortgage market accounts, mortgage loans, health savings account, and retirement account.
- Get a free copy of the StockNews.com research report on Salisbury Bancorp (SAL)
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