Mutual of America Capital Management LLC Sells 1,070 Shares of Metropolitan Bank Holding Corp. (NYSE:MCB)

Mutual of America Capital Management LLC decreased its holdings in Metropolitan Bank Holding Corp. (NYSE:MCBGet Rating) by 1.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 57,766 shares of the company’s stock after selling 1,070 shares during the quarter. Mutual of America Capital Management LLC owned approximately 0.53% of Metropolitan Bank worth $4,010,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in MCB. Private Capital Group LLC boosted its holdings in Metropolitan Bank by 127.5% in the 2nd quarter. Private Capital Group LLC now owns 414 shares of the company’s stock worth $29,000 after buying an additional 232 shares during the period. PNC Financial Services Group Inc. increased its position in Metropolitan Bank by 5,500.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 392 shares of the company’s stock worth $40,000 after purchasing an additional 385 shares in the last quarter. Amalgamated Bank bought a new stake in shares of Metropolitan Bank in the 1st quarter valued at approximately $123,000. Robeco Institutional Asset Management B.V. raised its position in Metropolitan Bank by 57.7% during the second quarter. Robeco Institutional Asset Management B.V. now owns 2,350 shares of the company’s stock valued at $163,000 after buying an additional 860 shares during the period. Finally, Teacher Retirement System of Texas bought a new stake in Metropolitan Bank during the 1st quarter valued at approximately $200,000. Institutional investors and hedge funds own 82.93% of the company’s stock.

Metropolitan Bank Trading Down 2.4 %

MCB stock opened at $67.28 on Friday. The business has a fifty day moving average price of $66.89 and a 200 day moving average price of $71.37. Metropolitan Bank Holding Corp. has a fifty-two week low of $59.29 and a fifty-two week high of $115.78. The stock has a market capitalization of $735.37 million, a price-to-earnings ratio of 8.76 and a beta of 1.14. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.93 and a quick ratio of 0.93.

About Metropolitan Bank

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Metropolitan Bank Holding Corp. operates as the bank holding company for Metropolitan Commercial Bank that provides a range of business, commercial, and retail banking products and services to small businesses, middle-market enterprises, public entities, and individuals in the New York metropolitan area.

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Institutional Ownership by Quarter for Metropolitan Bank (NYSE:MCB)

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