Plumas Bancorp (NASDAQ:PLBC – Get Rating) Director Heidi S. Gansert bought 750 shares of the business’s stock in a transaction that occurred on Tuesday, May 24th. The shares were bought at an average cost of $30.10 per share, with a total value of $22,575.00. Following the completion of the purchase, the director now directly owns 5,132 shares of the company’s stock, valued at approximately $154,473.20. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link.
Shares of NASDAQ:PLBC traded up $0.15 on Wednesday, reaching $29.66. The company’s stock had a trading volume of 471 shares, compared to its average volume of 16,809. Plumas Bancorp has a 52-week low of $28.20 and a 52-week high of $41.30. The company has a market cap of $173.30 million, a P/E ratio of 7.66 and a beta of 0.61. The company has a 50-day simple moving average of $35.48 and a 200 day simple moving average of $35.96. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.84 and a current ratio of 0.85.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, May 16th. Shareholders of record on Monday, May 2nd were paid a $0.16 dividend. The ex-dividend date was Friday, April 29th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.16%. Plumas Bancorp’s payout ratio is currently 16.54%.
Several large investors have recently modified their holdings of the business. Bank of New York Mellon Corp grew its stake in shares of Plumas Bancorp by 2.7% in the 1st quarter. Bank of New York Mellon Corp now owns 12,245 shares of the financial services provider’s stock worth $466,000 after buying an additional 321 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Plumas Bancorp by 1.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 42,818 shares of the financial services provider’s stock worth $1,631,000 after buying an additional 571 shares in the last quarter. UBS Group AG lifted its holdings in shares of Plumas Bancorp by 16.3% in the 3rd quarter. UBS Group AG now owns 4,373 shares of the financial services provider’s stock worth $138,000 after acquiring an additional 614 shares during the last quarter. Northern Trust Corp lifted its holdings in shares of Plumas Bancorp by 7.5% in the 4th quarter. Northern Trust Corp now owns 8,935 shares of the financial services provider’s stock worth $302,000 after acquiring an additional 625 shares during the last quarter. Finally, Allworth Financial LP lifted its holdings in shares of Plumas Bancorp by 19.3% in the 4th quarter. Allworth Financial LP now owns 3,996 shares of the financial services provider’s stock worth $135,000 after acquiring an additional 647 shares during the last quarter. 31.02% of the stock is owned by institutional investors and hedge funds.
Plumas Bancorp Company Profile (Get Rating)
Plumas Bancorp operates as the bank holding company for the Plumas Bank that provides various banking products and services for small and middle market businesses, and individuals in Northeastern California and Northwestern Nevada. The company accepts various deposits, such as checking, money market checking, business sweep, public funds sweep, savings, time deposit, and retirement accounts.
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