Wells Fargo & Company MN maintained its stake in Suffolk Bancorp (NYSE:SCNB) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,225 shares of the bank’s stock at the end of the first quarter. Wells Fargo & Company MN’s holdings in Suffolk Bancorp were worth $332,000 as of its most recent SEC filing.
A number of other large investors have also bought and sold shares of SCNB. Russell Investments Group Ltd. acquired a new stake in Suffolk Bancorp during the fourth quarter worth approximately $167,000. State Street Corp increased its stake in Suffolk Bancorp by 2.4% in the fourth quarter. State Street Corp now owns 200,723 shares of the bank’s stock worth $8,595,000 after buying an additional 4,766 shares in the last quarter. Renaissance Technologies LLC increased its stake in Suffolk Bancorp by 23.0% in the fourth quarter. Renaissance Technologies LLC now owns 256,800 shares of the bank’s stock worth $10,996,000 after buying an additional 48,100 shares in the last quarter. Two Sigma Investments LP acquired a new stake in Suffolk Bancorp during the fourth quarter worth approximately $905,000. Finally, Teachers Advisors LLC increased its stake in Suffolk Bancorp by 3.6% in the fourth quarter. Teachers Advisors LLC now owns 17,679 shares of the bank’s stock worth $757,000 after buying an additional 613 shares in the last quarter. Institutional investors own 58.84% of the company’s stock.
Shares of Suffolk Bancorp (NYSE:SCNB) opened at 40.41 on Tuesday. The firm has a 50-day moving average price of $41.69 and a 200-day moving average price of $39.82. Suffolk Bancorp has a 52-week low of $22.88 and a 52-week high of $44.70.
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Suffolk Bancorp Company Profile
Suffolk Bancorp is the bank holding company for Suffolk County National Bank of Riverhead (the Bank). The Bank is a community bank, which offers commercial and retail banking services to its customers. The Bank makes commercial real estate floating and fixed rate loans, multifamily and mixed use commercial loans primarily in the boroughs of New York City, commercial and industrial loans to manufacturers, wholesalers, distributors, developers/contractors and retailers and agricultural loans.
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