Bancorp of New Jersey (BKJ) Upgraded to B by TheStreet

TheStreet upgraded shares of Bancorp of New Jersey (NYSEAMERICAN:BKJ) from a c+ rating to a b rating in a report released on Wednesday, TheStreetRatingsTable reports.

Shares of NYSEAMERICAN BKJ traded up $0.01 during trading hours on Wednesday, hitting $13.37. 4,800 shares of the company’s stock were exchanged, compared to its average volume of 4,623. Bancorp of New Jersey has a 1-year low of $12.49 and a 1-year high of $17.95.

Bancorp of New Jersey (NYSEAMERICAN:BKJ) last posted its quarterly earnings data on Thursday, March 14th. The financial services provider reported $0.16 earnings per share for the quarter. The business had revenue of $6.78 million for the quarter.

A number of institutional investors have recently bought and sold shares of BKJ. Dimensional Fund Advisors LP raised its holdings in Bancorp of New Jersey by 55.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 35,494 shares of the financial services provider’s stock valued at $607,000 after acquiring an additional 12,717 shares in the last quarter. Vanguard Group Inc grew its stake in shares of Bancorp of New Jersey by 6.9% in the 3rd quarter. Vanguard Group Inc now owns 45,917 shares of the financial services provider’s stock valued at $785,000 after purchasing an additional 2,964 shares during the period. Finally, Kore Private Wealth LLC bought a new stake in shares of Bancorp of New Jersey in the 1st quarter valued at approximately $49,000.

Bancorp of New Jersey Company Profile

Bancorp Of New Jersey, Inc operates as a bank holding company of Bank of New Jersey that provides various banking products and services to individuals, businesses, non-profit organizations, and governmental units. The company offers various deposit products, including interest and noninterest checking, passbook savings, and money market accounts; and time deposits, such as certificates of deposit and individual retirement accounts.

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