November 17, 2016 - By Winifred Garcia · 0 Comments
Acnb Corp (NASDAQ:ACNB) institutional sentiment increased to 5.33 in Q2 2016. Its up 3.33, from 2 in 2016Q1. The ratio is more positive, as 32 investment managers increased or started new positions, while 6 decreased and sold positions in Acnb Corp. The investment managers in our partner’s database now hold: 1.70 million shares, up from 591,070 shares in 2016Q1. Also, the number of investment managers holding Acnb Corp in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 3 Increased: 9 New Position: 23.
ACNB Corporation is a financial holding company. The company has a market cap of $167.20 million. The Company’s banking activities are conducted through its operating subsidiary, ACNB 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). It has a 15.72 P/E ratio. The Firm has two divisions: the Bank and RIG.
About 1,568 shares traded hands. ACNB Corporation (NASDAQ:ACNB) has risen 28.57% since April 15, 2016 and is uptrending. It has outperformed by 23.95% the S&P500.
According to Zacks Investment Research, “ACNB Corporation operates as a provider of banking and financial services to individuals and businesses. The Company’s personal banking services include deposits, online banking, bill payment, telephone banking, debit cards, reorder checks and other services. Business banking services provided by the bank include deposits, cash management, internet banking, business check cards, fast remote electronic deposits and merchant services. Loans offered by ACNB include consumer loans, student loans, auto loans, home equity loans, mortgage loans and other business loans. ACNB Corporation is headquartered in Gettysburg, Pennsylvania.”
Financial Consulate Inc holds 0.4% of its portfolio in ACNB Corporation for 20,687 shares. Wheatland Advisors Inc owns 9,308 shares or 0.22% of their US portfolio. Moreover, Brown Advisory Securities Llc has 0.12% invested in the company for 15,659 shares. The Vermont-based Hanson & Doremus Investment Management has invested 0.07% in the stock. Clenar Muke Llc, a California-based fund reported 19,009 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 17 insider purchases, and 0 sales for $130,092 net activity.
ACNB Corporation, incorporated on November 9, 1982, is a financial holding company. The Company’s banking activities 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). The Firm has two divisions: the Bank and RIG. RIG is managed separately from the banking segment, which includes the Bank and related financial services that the Company offers through its banking subsidiary. Through its banking and nonbanking subsidiaries, the Company provides a range of banking and financial services to individuals and businesses, including commercial and retail banking, trust and investment management, and insurance.
Another recent and important ACNB Corporation (NASDAQ:ACNB) news was published by Businesswire.com which published an article titled: “ACNB Bank Names James P. Helt as President Effective September 1, 2015” on June 22, 2015.
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By Winifred Garcia