November 21, 2016 - By Nellie Frank · 0 Comments
Ohio Valley Banc Corp (NASDAQ:OVBC) institutional sentiment decreased to 1 in Q2 2016. Its down -0.20, from 1.2 in 2016Q1. The ratio has worsened, as 6 active investment managers increased and started new positions, while 5 reduced and sold their stock positions in Ohio Valley Banc Corp. The active investment managers in our partner’s database now own: 258,533 shares, up from 200,582 shares in 2016Q1. Also, the number of active investment managers holding Ohio Valley Banc Corp in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 3 Increased: 3 New Position: 3.
Ohio Valley Banc Corp. is a financial holding company. The company has a market cap of $113.29 million. The Firm has a banking subsidiary, The Ohio Valley Bank Company . It has a 14.87 P/E ratio. The Company’s financial service activities are aggregated in two divisions: banking and consumer finance.
It is down 10.23% since April 19, 2016 and is uptrending. It has outperformed by 6.37% the S&P500.
According to Zacks Investment Research, “OHIO VALLEY BANCORP is a bank holding company, which through its subsidiaries, Loan Central,Inc., The Jackson Savings Bank, and the Ohio Valley Bank Company, is engaged in commercial and retail banking. The Bank is a full-service financial institution offering a blend of commercial, retail and agricultural banking services. Loans of all types and checking, savings and time deposits are offered, along with such services as safe deposit boxes, issuance of travelers’ checks and administration of trusts.”
Wesbanco Bank Inc holds 0.07% of its portfolio in Ohio Valley Banc Corp. for 55,000 shares. Bridgeway Capital Management Inc owns 25,900 shares or 0.01% of their US portfolio. Moreover, Assetmark Inc has 0% invested in the company for 7,251 shares. The Delaware-based Blackrock Advisors Llc has invested 0% in the stock. Blackrock Fund Advisors, a California-based fund reported 724 shares.#img1#
Ohio Valley Banc Corp., incorporated on January 8, 1992, is a financial holding company. The Firm has a banking subsidiary, The Ohio Valley Bank Company (the Bank). The Company’s financial service activities are aggregated in two divisions: banking and consumer finance. The Firm also owns nonbank subsidiaries, which include Loan Central, Inc., which engages in lending (Loan Central); Ohio Valley Financial Services Agency, LLC, which is used to facilitate the receipt of commissions on insurances sold by the Bank and Loan Central (Ohio Valley Financial Services), and OVBC Captive, Inc., a limited purpose property and casualty insurance firm (OVBC Captive). It is engaged in certain non-banking activities, such as securities underwriting and dealing activities, insurance agency and underwriting activities and merchant banking/equity investment activities.
More recent Ohio Valley Banc Corp. (NASDAQ:OVBC) news were published by: Prnewswire.com which released: “Ohio Valley Banc Corp. Completes Acquisition Of Milton Bancorp, Inc.” on August 05, 2016. Also Streetinsider.com published the news titled: “Form 4 OHIO VALLEY BANC CORP For: Nov 16 Filed by: HOWE HAROLD A” on November 18, 2016. Prnewswire.com‘s news article titled: “Eastman Elected to OVBC and Ohio Valley Bank Boards” with publication date: March 16, 2016 was also an interesting one.
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By Nellie Frank