Shares of Bank Of Princeton (NASDAQ:BPRN) have been given a consensus recommendation of “Hold” by the six brokerages that are presently covering the company, Marketbeat.com reports. Five investment analysts have rated the stock with a hold recommendation. The average twelve-month price target among brokerages that have covered the stock in the last year is $32.00.
A number of equities research analysts have commented on BPRN shares. Boenning Scattergood reiterated a “buy” rating and set a $36.00 target price on shares of Bank Of Princeton in a report on Wednesday, April 3rd. TheStreet upgraded Bank Of Princeton from a “c” rating to a “b-” rating in a report on Monday, March 11th. Zacks Investment Research cut Bank Of Princeton from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 9th. B. Riley set a $31.00 target price on Bank Of Princeton and gave the company a “hold” rating in a report on Friday, May 17th. Finally, Sandler O’Neill cut Bank Of Princeton from a “buy” rating to a “hold” rating and set a $33.00 target price on the stock. in a report on Tuesday, April 23rd.
Several institutional investors have recently modified their holdings of BPRN. Roundview Capital LLC lifted its stake in shares of Bank Of Princeton by 190.9% during the 4th quarter. Roundview Capital LLC now owns 95,657 shares of the company’s stock worth $2,669,000 after purchasing an additional 62,770 shares during the period. Vanguard Group Inc. lifted its stake in shares of Bank Of Princeton by 12.4% during the 3rd quarter. Vanguard Group Inc. now owns 280,947 shares of the company’s stock worth $8,581,000 after purchasing an additional 31,076 shares during the period. Banc Funds Co. LLC lifted its stake in shares of Bank Of Princeton by 6.0% during the 1st quarter. Banc Funds Co. LLC now owns 296,521 shares of the company’s stock worth $9,409,000 after purchasing an additional 16,800 shares during the period. Dimensional Fund Advisors LP purchased a new position in shares of Bank Of Princeton during the 4th quarter worth $381,000. Finally, Bank of New York Mellon Corp lifted its stake in shares of Bank Of Princeton by 65.3% during the 4th quarter. Bank of New York Mellon Corp now owns 30,870 shares of the company’s stock worth $861,000 after purchasing an additional 12,197 shares during the period. 36.46% of the stock is currently owned by institutional investors.
Shares of NASDAQ:BPRN opened at $28.82 on Wednesday. The firm has a market cap of $190.20 million, a price-to-earnings ratio of 13.47 and a beta of 0.49. Bank Of Princeton has a one year low of $26.77 and a one year high of $35.45.
Bank Of Princeton (NASDAQ:BPRN) last announced its earnings results on Monday, April 22nd. The company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.50). The business had revenue of $10.70 million during the quarter, compared to analysts’ expectations of $11.22 million. Equities research analysts forecast that Bank Of Princeton will post 1.85 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which was paid on Friday, May 31st. Shareholders of record on Friday, May 10th were paid a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.42%. The ex-dividend date of this dividend was Thursday, May 9th. Bank Of Princeton’s dividend payout ratio is presently 5.61%.
Bank Of Princeton Company Profile
The Bank of Princeton provides various banking products and services. The company accepts checking, savings, attorney trust, and money market accounts, as well as certificates of deposit. Its loan products include commercial real estate and multi-family, commercial and industrial, construction, residential first-lien mortgage, home equity, and consumer loans, as well as lines of credit.
Featured Story: How much money do you need to begin day trading?
Receive News & Ratings for Bank Of Princeton Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank Of Princeton and related companies with MarketBeat.com's FREE daily email newsletter.