November 18, 2016 - By Adrian Mccoy · 0 Comments
Anchor Bancorp (NASDAQ:ANCB) institutional sentiment increased to 2 in Q2 2016. Its up 0.83, from 1.17 in 2016Q1. The ratio has increased, as 7 active investment managers increased and started new holdings, while 6 cut down and sold their holdings in Anchor Bancorp. The active investment managers in our partner’s database reported: 735,296 shares, down from 810,082 shares in 2016Q1. Also, the number of active investment managers holding Anchor Bancorp in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 3 Increased: 4 New Position: 3.
Anchor Bancorp is the bank holding company of Anchor Bank . The company has a market cap of $67.96 million. The Bank is a community savings bank. It has a 87.64 P/E ratio. As of June 30, 2016, the Bank primarily served Western Washington through its 10 full-service banking offices (including a Wal-Mart in-store location) located within Grays Harbor, Thurston, Lewis, Pierce and Mason counties, and a loan production office located in King County, Washington.
The stock increased 2.77% or $0.7 on November 17, hitting $26. Anchor Bancorp (NASDAQ:ANCB) has risen 4.92% since April 18, 2016 and is uptrending. It has outperformed by 0.49% the S&P500.
According to Zacks Investment Research, “Anchor Bancorp operates as a saving bank through its wholly owned subsidiary Anchor Bank primarily serving Western Washington. The bank accepts deposits from public and provides loans. Its offices are located in Grays Harbor, Thurston, Lewis, Pierce, Mason and Clark counties, Washington.”
Stieven Capital Advisors L.P. holds 1.52% of its portfolio in Anchor Bancorp for 230,903 shares. Zpr Investment Management owns 8,097 shares or 0.38% of their US portfolio. Moreover, Frigate Ventures Lp has 0.34% invested in the company for 75,251 shares. The New York-based Teton Advisors Inc. has invested 0.11% in the stock. Bridgeway Capital Management Inc, a Texas-based fund reported 25,000 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 insider purchases, and 1 sale for $5,228 net activity.
Anchor Bancorp, incorporated on September 8, 2008, is the bank holding firm of Anchor Bank (the Bank). The Bank is a community savings bank. As of June 30, 2016, the Bank primarily served Western Washington through its 10 full-service banking offices (including a Wal-Mart in-store location) located within Grays Harbor, Thurston, Lewis, Pierce and Mason counties, and a loan production office located in King County, Washington. It is in the business of attracting deposits from the public and utilizing those deposits to originate loans. The Bank offers a range of loan products. The Bank’s activities include commercial banking services, such as lending activities, deposit products and other cash management services.
More notable recent Anchor Bancorp (NASDAQ:ANCB) news were published by: Jsonline.com which released: “Old National Bank bank acquiring Anchor BanCorp for $461 million” on January 12, 2016, also Globenewswire.com with their article: “Anchor Bancorp Retains Investment Banking Firm to Pursue Strategic Alternatives” published on July 25, 2016, Prnewswire.com published: “Joel Lawson Sends Letter to Anchor Bancorp Stockholders” on October 07, 2015. More interesting news about Anchor Bancorp (NASDAQ:ANCB) were released by: Jsonline.com and their article: “Bankruptcy judge approves Anchor BanCorp’s reorganization plan” published on August 30, 2013 as well as Globenewswire.com‘s news article titled: “Anchor Bancorp Provides Additional Information on Stock Repurchase Program” with publication date: March 16, 2016.
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By Adrian Mccoy