Zacks: Randolph Bancorp Inc (RNDB) Receives Consensus Rating of “Strong Sell” from Brokerages

Shares of Randolph Bancorp Inc (NASDAQ:RNDB) have received a consensus broker rating score of 5.00 (Strong Sell) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong sell recommendation.

Zacks has also assigned Randolph Bancorp an industry rank of 139 out of 255 based on the ratings given to related companies.

Separately, Compass Point cut Randolph Bancorp from a “neutral” rating to a “sell” rating in a research note on Tuesday, January 8th.



NASDAQ:RNDB opened at $15.20 on Friday. Randolph Bancorp has a one year low of $13.16 and a one year high of $17.45. The company has a debt-to-equity ratio of 1.01, a quick ratio of 1.12 and a current ratio of 1.18.

In other Randolph Bancorp news, insider James P. Mcdonough bought 20,000 shares of the business’s stock in a transaction on Friday, March 8th. The stock was bought at an average price of $15.12 per share, with a total value of $302,400.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 7.67% of the stock is owned by company insiders.

Several hedge funds and other institutional investors have recently modified their holdings of RNDB. Acadian Asset Management LLC grew its stake in shares of Randolph Bancorp by 55.2% in the fourth quarter. Acadian Asset Management LLC now owns 3,363 shares of the financial services provider’s stock valued at $48,000 after buying an additional 1,196 shares in the last quarter. BlackRock Inc. boosted its holdings in Randolph Bancorp by 23.7% in the second quarter. BlackRock Inc. now owns 18,602 shares of the financial services provider’s stock valued at $312,000 after purchasing an additional 3,566 shares during the period. Dimensional Fund Advisors LP boosted its holdings in Randolph Bancorp by 26.5% in the third quarter. Dimensional Fund Advisors LP now owns 22,655 shares of the financial services provider’s stock valued at $374,000 after purchasing an additional 4,750 shares during the period. Vanguard Group Inc boosted its holdings in Randolph Bancorp by 0.7% in the third quarter. Vanguard Group Inc now owns 148,330 shares of the financial services provider’s stock valued at $2,452,000 after purchasing an additional 1,100 shares during the period. Finally, Thomson Horstmann & Bryant Inc. boosted its holdings in Randolph Bancorp by 2.8% in the fourth quarter. Thomson Horstmann & Bryant Inc. now owns 534,025 shares of the financial services provider’s stock valued at $7,556,000 after purchasing an additional 14,695 shares during the period. 34.62% of the stock is owned by institutional investors and hedge funds.

About Randolph Bancorp

Randolph Bancorp, Inc operates as the bank holding company for Envision Bank that provides financial services to individuals, families, and small to mid-size businesses in Massachusetts, Rhode Island, and southern New Hampshire. The company accepts checking, NOW, money market, and savings accounts, as well as certificate of deposits and IRAs.

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