Salisbury Bancorp (NASDAQ:SAL) now covered by

The analysts of initiated a hedge on the shares of Salisbury Bancorp (NASDAQ:SAL – Get a rating) in a research note released Friday to investors. The company has placed a “hold” rating on the bank’s shares.

Salisbury Bancorp price performance

Salisbury Bancorp shares opened at $23.50 on Friday. The company’s 50-day moving average is $23.66 and its two-hundred-day moving average is $18.48. The company has a debt ratio of 0.23, a current ratio of 0.91 and a quick ratio of 0.91. Salisbury Bancorp has a 12-month low of $22.50 and a 12-month high of $29.95. The stock has a market capitalization of $135.92 million, a P/E ratio of 9.07 and a beta of 0.74.

Salisbury Bancorp (NASDAQ:SAL – Get a rating) last announced its quarterly results on Wednesday, July 20. The bank reported earnings per share of $0.66 for the quarter, missing analyst consensus estimates of $0.72 per ($0.06). The company posted revenue of $14.17 million for the quarter, versus analyst estimates of $13.80 million. Salisbury Bancorp had a net margin of 25.89% and a return on equity of 11.24%. Stock analysts predict that Salisbury Bancorp will post earnings per share of 2.82 for the current year.

Insider Buying and Selling at Salisbury Bancorp


A d Legacy search

The permanent collapse of America?

The former CEO of Goldman Sachs, best-selling author and Federal Reserve pundit reveals to the public what is really going on in America. The exact reason why the financial elite continue to get richer by seizing more power… while making ordinary people struggle to live their daily lives.

In other news, EVP Steven M. Essex sold 700 shares of the company in a trade on Wednesday, June 8. The shares were sold at an average price of $52.12, for a total transaction of $36,484.00. Following the completion of the transaction, the executive vice president now owns 500 shares of the company, valued at $26,060. The sale was disclosed in a filing with the SEC, accessible via this hyperlink. 8.79% of the shares are held by insiders.

Institutional investors weigh in on Salisbury Bancorp

Several large investors have recently changed their positions in the company. MCF Advisors LLC purchased a new equity stake in Salisbury Bancorp in the first quarter worth approximately $25,000. Asset Dedication LLC acquired a new position in shares of Salisbury Bancorp in the first quarter worth $33,000. Resources Management Corp CT ADV increased its stake in shares of Salisbury Bancorp by 37.7% in the second quarter. Resources Management Corp CT ADV now owns 1,825 shares of the bank valued at $86,000 after buying an additional 500 shares in the last quarter. Maltese Capital Management LLC increased its stake in shares of Salisbury Bancorp by 15.2% in the fourth quarter. Maltese Capital Management LLC now owns 5,760 shares of the bank valued at $316,000 after buying an additional 760 shares last quarter. Finally, State Street Corp increased its stake in Salisbury Bancorp shares by 13.8% in the first quarter. State Street Corp now owns 10,845 shares of the bank valued at $607,000 after buying 1,312 more shares in the last quarter. Institutional investors hold 12.74% of the company’s shares.

Salisbury Bancorp Company Profile

(Get a rating)

Salisbury Bancorp, Inc operates as a bank holding company for Salisbury Bank and Trust Company which provides commercial banking, consumer finance, retail banking, and trust and wealth advisory services. It offers various deposit products to individuals and businesses. The company also provides loans, such as residential and commercial real estate loans; building loans; working capital loans; equipment loans; and consumer loans, including home equity loans and lines of credit, secured loans, and auto and personal installment loans.

Read more

This instant alert was powered by MarketBeat’s narrative science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to [email protected]

Before you consider Salisbury Bancorp, you’ll want to hear this.

MarketBeat tracks daily the highest rated and most successful research analysts on Wall Street and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market takes off…and Salisbury Bancorp was not on the list.

While Salisbury Bancorp currently has an “N/A” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the five actions here

About Jon Moses

Check Also

Instant gratification is catching up with US consumers | North West

NEW YORK — Americans have become fond of “buy now, pay later” services, but the …