Bar Harbor Bankshares (BHB) Holdings Boosted by Northern Trust Corp

Northern Trust Corp raised its position in Bar Harbor Bankshares (NYSEAMERICAN:BHB) by 1.1% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 193,677 shares of the financial services provider’s stock after purchasing an additional 2,074 shares during the quarter. Northern Trust Corp’s holdings in Bar Harbor Bankshares were worth $4,344,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Vigilant Capital Management LLC raised its stake in shares of Bar Harbor Bankshares by 119.9% in the fourth quarter. Vigilant Capital Management LLC now owns 6,597 shares of the financial services provider’s stock worth $148,000 after acquiring an additional 3,597 shares during the last quarter. MetLife Investment Advisors LLC raised its stake in shares of Bar Harbor Bankshares by 55.8% in the third quarter. MetLife Investment Advisors LLC now owns 11,438 shares of the financial services provider’s stock worth $328,000 after acquiring an additional 4,096 shares during the last quarter. Rhumbline Advisers raised its stake in shares of Bar Harbor Bankshares by 42.3% in the fourth quarter. Rhumbline Advisers now owns 21,581 shares of the financial services provider’s stock worth $484,000 after acquiring an additional 6,417 shares during the last quarter. First Trust Advisors LP raised its stake in shares of Bar Harbor Bankshares by 18.7% in the fourth quarter. First Trust Advisors LP now owns 27,960 shares of the financial services provider’s stock worth $627,000 after acquiring an additional 4,412 shares during the last quarter. Finally, Naples Global Advisors LLC raised its stake in shares of Bar Harbor Bankshares by 64.4% in the fourth quarter. Naples Global Advisors LLC now owns 31,515 shares of the financial services provider’s stock worth $764,000 after acquiring an additional 12,350 shares during the last quarter.

Shares of NYSEAMERICAN BHB opened at $26.29 on Monday. Bar Harbor Bankshares has a 1-year low of $21.25 and a 1-year high of $30.95.

Bar Harbor Bankshares (NYSEAMERICAN:BHB) last announced its earnings results on Thursday, April 18th. The financial services provider reported $0.47 earnings per share for the quarter. The company had revenue of $27.93 million during the quarter.

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 14th. Investors of record on Tuesday, May 14th will be paid a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.35%. This is an increase from Bar Harbor Bankshares’s previous quarterly dividend of $0.20. The ex-dividend date is Monday, May 13th.

In other Bar Harbor Bankshares news, Director Brendan Ohalloran purchased 1,000 shares of the company’s stock in a transaction that occurred on Monday, February 25th. The stock was acquired at an average cost of $26.62 per share, with a total value of $26,620.00. Following the completion of the purchase, the director now directly owns 2,535 shares in the company, valued at approximately $67,481.70. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Over the last three months, insiders have purchased 1,030 shares of company stock valued at $27,384.

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Bar Harbor Bankshares 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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