Bar Harbor Bankshares (BHB) EVP Acquires $27,880.00 in Stock

Bar Harbor Bankshares (NYSEAMERICAN:BHB) EVP John M. Mercier acquired 1,000 shares of the firm’s stock in a transaction dated Friday, November 10th. The stock was bought at an average price of $27.88 per share, with a total value of $27,880.00. Following the acquisition, the executive vice president now directly owns 1,000 shares in the company, valued at $27,880. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Bar Harbor Bankshares (BHB) traded up $0.97 during trading on Thursday, reaching $28.91. The company had a trading volume of 21,076 shares, compared to its average volume of 29,013. Bar Harbor Bankshares has a fifty-two week low of $25.09 and a fifty-two week high of $33.41.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Wednesday, November 15th will be issued a dividend of $0.1867 per share. This represents a $0.75 dividend on an annualized basis and a yield of 2.58%. The ex-dividend date of this dividend is Tuesday, November 14th. Bar Harbor Bankshares’s payout ratio is currently 48.39%.

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Institutional investors have recently bought and sold shares of the stock. Swiss National Bank bought a new position in Bar Harbor Bankshares during the second quarter worth about $789,000. Menta Capital LLC bought a new position in Bar Harbor Bankshares during the second quarter worth about $518,000. FMR LLC grew its holdings in Bar Harbor Bankshares by 14.6% during the second quarter. FMR LLC now owns 273,158 shares of the financial services provider’s stock worth $8,419,000 after purchasing an additional 34,813 shares during the period. Teachers Advisors LLC grew its holdings in Bar Harbor Bankshares by 11.0% during the second quarter. Teachers Advisors LLC now owns 26,863 shares of the financial services provider’s stock worth $828,000 after purchasing an additional 2,659 shares during the period. Finally, Foundry Partners LLC grew its holdings in Bar Harbor Bankshares by 8.6% during the third quarter. Foundry Partners LLC now owns 98,631 shares of the financial services provider’s stock worth $3,093,000 after purchasing an additional 7,851 shares during the period.

Separately, TheStreet cut Bar Harbor Bankshares from a “b” rating to a “c+” rating in a report on Friday, August 11th.

Bar Harbor Bankshares Company Profile

Bar Harbor Bankshares is a bank holding company. The Company’s operating subsidiary, Bar Harbor Bank & Trust (the Bank), is a community bank, which offers a range of deposit, loan and related banking products, as well as brokerage services provided through a third-party brokerage arrangement. In addition, the Company offers trust and investment management services through its second tier subsidiary, Bar Harbor Trust Services, a Maine chartered non-depository trust company.

Insider Buying and Selling by Quarter for Bar Harbor Bankshares (NYSEAMERICAN:BHB)

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