Bar Harbor Bankshares (BHB) Shares Sold by TIAA CREF Investment Management LLC

TIAA CREF Investment Management LLC lessened its holdings in Bar Harbor Bankshares (NYSEAMERICAN:BHB) by 17.6% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 38,177 shares of the financial services provider’s stock after selling 8,151 shares during the period. TIAA CREF Investment Management LLC owned approximately 0.25% of Bar Harbor Bankshares worth $1,096,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. BlackRock Inc. boosted its stake in shares of Bar Harbor Bankshares by 1.7% in the 3rd quarter. BlackRock Inc. now owns 850,488 shares of the financial services provider’s stock worth $24,425,000 after buying an additional 14,071 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Bar Harbor Bankshares by 4.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 554,161 shares of the financial services provider’s stock worth $15,915,000 after buying an additional 25,382 shares during the last quarter. Royce & Associates LP raised its holdings in shares of Bar Harbor Bankshares by 48.9% in the 3rd quarter. Royce & Associates LP now owns 411,634 shares of the financial services provider’s stock worth $11,822,000 after purchasing an additional 135,109 shares during the period. Northern Trust Corp raised its holdings in shares of Bar Harbor Bankshares by 4.8% in the 2nd quarter. Northern Trust Corp now owns 190,362 shares of the financial services provider’s stock worth $5,766,000 after purchasing an additional 8,673 shares during the period. Finally, LSV Asset Management raised its holdings in shares of Bar Harbor Bankshares by 23.7% in the 3rd quarter. LSV Asset Management now owns 136,450 shares of the financial services provider’s stock worth $3,918,000 after purchasing an additional 26,175 shares during the period.

In related news, Director Stephen W. Ensign sold 2,500 shares of Bar Harbor Bankshares stock in a transaction on Monday, November 26th. The shares were sold at an average price of $23.88, for a total value of $59,700.00. Following the transaction, the director now directly owns 21,592 shares in the company, valued at approximately $515,616.96. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Over the last quarter, insiders purchased 1,869 shares of company stock worth $38,845.

Shares of NYSEAMERICAN:BHB traded up $0.52 during mid-day trading on Monday, reaching $23.85. The company had a trading volume of 1,591 shares, compared to its average volume of 20,433. Bar Harbor Bankshares has a one year low of $21.25 and a one year high of $30.95.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 15th. Investors of record on Friday, February 15th will be given a $0.20 dividend. The ex-dividend date is Thursday, February 14th. This represents a $0.80 dividend on an annualized basis and a yield of 3.35%.

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Bar Harbor Bankshares Company Profile

Bar Harbor Bankshares operates as a bank 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, NOW 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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