November 18, 2016 - By Marie Mckinney · 0 Comments
Two River Bancorp (NASDAQ:TRCB) institutional sentiment decreased to 1.71 in Q2 2016. Its down -6.29, from 8 in 2016Q1. The ratio has dropped, as 16 investment managers opened new and increased equity positions, while 2 decreased and sold their stock positions in Two River Bancorp. The investment managers in our partner’s database now own: 1.72 million shares, up from 702,495 shares in 2016Q1. Also, the number of investment managers holding Two River Bancorp in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 0 Increased: 11 New Position: 5.
Two River Bancorp is the holding company for Two River Community Bank . The company has a market cap of $104.93 million. The Firm acts as an independent community financial services provider. It has a 13.14 P/E ratio. The Company’s segment is community banking operations.
About 1,866 shares traded hands. Two Rivers Bancorp (NASDAQ:TRCB) has risen 32.14% since April 18, 2016 and is uptrending. It has outperformed by 27.71% the S&P500.
According to Zacks Investment Research, “Two River Bancorp is a state-chartered commercial bank. It engaged in the business of commercial and retail banking. The company offers checking accounts, savings accounts, commercial loans, SBA lending, safe deposit boxes, night depository, wire transfers, money orders, traveler’s checks, automated teller machines, direct deposit, telephone and internet banking. Two River Bancorp, formerly known as Community Partners Bancorp, is headquartered in Tinton Falls, NJ.”
Mercer Capital Advisers Inc. holds 0.47% of its portfolio in Two Rivers Bancorp for 53,441 shares. Zpr Investment Management owns 12,450 shares or 0.26% of their US portfolio. Moreover, Maltese Capital Management Llc has 0.21% invested in the company for 152,483 shares. The Illinois-based Banc Funds Co Llc has invested 0.07% in the stock. Raab & Moskowitz Asset Management Llc, a New Jersey-based fund reported 10,426 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 7 insider purchases, and 0 sales for $113,112 net activity.
Two River Bancorp, incorporated on August 1, 2005, is the holding firm for Two River Community Bank (the Bank). The Firm acts as an independent community financial services provider. The Company’s segment is community banking operations. The Bank is a state-chartered commercial bank, having a branch network consisting of approximately 15 branches in Monmouth, Middlesex and Union Counties, and a loan production office (LPO) in Ocean County, New Jersey. The Bank offers a range of banking services, including demand, savings and time deposits, and commercial loans, residential loans and consumer/installment loans to small and medium-sized businesses, not-for-profit organizations, professionals and individuals primarily in Monmouth, Middlesex and Union Counties, New Jersey. The Bank also offers its clients various banking products, such as night depository, wire transfers, money orders, automated teller machines (ATMs), direct deposit, telephone and Internet banking and corporate business services. It also offers clients a range of electronic banking services accessible either through the Web, mobile device or telephone. These services allow clients to perform various transactions, such as check account balances, receive e-mail alerts, transfer funds, initiate stop payment requests, re-order checks and pay bills.
More news for Two Rivers Bancorp (NASDAQ:TRCB) were recently published by: Nasdaq.com, which released: “Two River Bancorp (TRCB) Ex-Dividend Date Scheduled for November 07, 2016” on November 04, 2016. Reuters.com‘s article titled: “BRIEF-Two River Bancorp Q3 earnings per share $0.33” and published on October 25, 2016 is yet another important article.
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By Marie Mckinney