Swiss National Bank Grows Position in Bar Harbor Bankshares (NYSEAMERICAN:BHB)

Swiss National Bank increased its position in shares of Bar Harbor Bankshares (NYSEAMERICAN:BHB) by 2.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 28,900 shares of the financial services provider’s stock after buying an additional 700 shares during the period. Swiss National Bank owned about 0.19% of Bar Harbor Bankshares worth $768,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Aperio Group LLC purchased a new stake in shares of Bar Harbor Bankshares during the second quarter worth approximately $31,000. BNP Paribas Arbitrage SA increased its stake in Bar Harbor Bankshares by 445.5% in the first quarter. BNP Paribas Arbitrage SA now owns 3,191 shares of the financial services provider’s stock valued at $83,000 after purchasing an additional 2,606 shares during the last quarter. SG Americas Securities LLC purchased a new position in Bar Harbor Bankshares in the first quarter valued at approximately $176,000. Fiduciary Trust Co. purchased a new position in Bar Harbor Bankshares in the first quarter valued at approximately $204,000. Finally, Janney Montgomery Scott LLC increased its stake in Bar Harbor Bankshares by 12.6% in the first quarter. Janney Montgomery Scott LLC now owns 20,743 shares of the financial services provider’s stock valued at $537,000 after purchasing an additional 2,327 shares during the last quarter.

Separately, TheStreet lowered shares of Bar Harbor Bankshares from a “b-” rating to a “c+” rating in a research note on Tuesday, August 27th.



In related news, Director Scott G. Toothaker purchased 5,371 shares of the company’s stock in a transaction on Tuesday, August 27th. The shares were bought at an average cost of $21.63 per share, for a total transaction of $116,174.73. Following the completion of the purchase, the director now directly owns 29,580 shares of the company’s stock, valued at approximately $639,815.40. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders acquired 6,817 shares of company stock worth $149,750 over the last quarter.

Bar Harbor Bankshares stock traded up $0.14 during mid-day trading on Friday, hitting $23.22. The company had a trading volume of 612 shares, compared to its average volume of 23,718. Bar Harbor Bankshares has a 1 year low of $21.24 and a 1 year high of $29.98.

Bar Harbor Bankshares (NYSEAMERICAN:BHB) last announced its quarterly earnings results on Thursday, July 18th. The financial services provider reported $0.41 EPS for the quarter. The company had revenue of $28.95 million during the quarter.

The business also recently declared a dividend, which will be paid on Friday, September 13th. Shareholders of record on Tuesday, August 13th will be paid a $0.22 dividend. The ex-dividend date is Monday, August 12th.

Bar Harbor Bankshares Company Profile

Bar Harbor Bankshares operates as the holding company for Bar Harbor Bank & Trust that provides commercial, retail, and wealth management banking products and services. It offers various deposit products, including interest-bearing and non-interest-bearing demand accounts, time deposits, and checking, savings, and money market accounts, as well as certificates of deposit.

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Institutional Ownership by Quarter for Bar Harbor Bankshares (NYSEAMERICAN:BHB)

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