In a research note that was made available to investors on Monday, equity analysts from TheStreet lowered their recommendation for Codorus Valley Bancorp (NASDAQ: CVLY), moving it from a “b” rating to a “c+” rating. This information can be found in TheStreetRatingsTable. On Friday, August 12, Bloomberg published a separate research note on the same day it started covering the common shares of Codorus Valley Bancorp.
The coverage of the stock began earlier that day. On that day, this note was made available. They encouraged investors not to “sell” the stock but rather to “hold” it. When trading first began on Monday, the price of a share of CVLY was established at $20.20 a share. The company has a price-to-earnings ratio of 15.66, and its beta value is equal to 0.49. The value of the company’s beta is equal to 0.49. At the moment, the total value of the corporation on the stock market is equal to 192.71 million dollars. When the current ratio, the quick ratio, and the debt-to-equity ratio are all added up, the resulting value is 0.90. This value represents the value that is obtained. At present, the ratio of debt to equity stands at 0.24.
Over the last 50 trading days, the stock price has a simple moving average of $21.71; over the last 200 trading days, the price has a simple moving average of $22.33. The most up-to-date financial information was made available to the general public by Codorus Valley Bancorp (NASDAQ: CVLY) on Thursday, July 28. During the period under review, the financial services division generated an income equivalent to $0.20 in profit for each share.
The figure of $21.65 million can be attributed to the quantity of revenue that the company generated during the relevant period. Codorus Valley Bancorp had a return on equity of 6.63 percent and a net margin of 14.06%; these figures indicate that the company performed reasonably well overall. Scott R. Campagna, Senior Vice President of Operations, sold 1,200 company stock on the same day, August 15. This information was included in a separate piece of news.
The senior vice president now owns 6,230 business shares, which have a total value of roughly $130,830 due to the transaction that was just completed. You can also get this document on the internet. A further piece of information that pertains to Codorus Valley Bancorp is that on August 22, Director Scott V. Fainor purchased 1,650 shares of Codorus Valley Bancorp stock. This piece of information can be found here. This particular piece of information has been made public. When the cost of purchasing the stock was broken down into its parts, the total amount spent was $33,577.50, which, when averaged out, works out to a price of $20.35 per share.
Additionally, on Monday, August 15, 1,200 shares of the company’s stock were sold by Scott R. Campagna, who serves as the company’s Senior Vice President of Operations. It was found that the price of each share sold was $21.00. This resulted in the total selling volume being $25,200.00. It was discovered that $21.00 is the price that the shares are trading at on average.
This section of the website may contain disclosures that are pertinent to the transaction that is taking place. During the most recent fiscal quarter, executives of the company acquired 6,907 shares of stock for a total value of $148,643, and they sold 4,578 shares for a total value of $101,047—internal employees of the company own 4.09% of the total number of shares currently in circulation. Recent transactions involving CVLY shares have resulted in changes to the portfolio holdings of a wide range of institutional investors. These investors include hedge funds and other types of investment vehicles. Advisor Group Holdings Inc. increased its holdings of Codorus Valley Bancorp stock by 51.2 percent during the first three months of this year. Following the acquisition of 992 additional shares during the period under review, Advisor Group Holdings Inc. currently possesses 2,931 shares of the company that is engaged in the provision of financial services.
The aggregate value of these shares is $64,000, bringing the entire value of Advisor Group Holdings Inc.’s holdings up to $64,000 in total value. During the first three months of 2018, Hazlett Burt & Watson, Inc. made a new investment in Codorus Valley Bancorp. This transaction was in the amount of about 117 thousand dollars. During the second quarter, the Codorus Valley Bancorp position was brand new, and Fulton Bank, N.A. offered about $212,000 to a qualified candidate to fill it. American Century Companies Inc. boosted the proportion of Codorus Valley Bancorp stock that is owned by 39.0% during the course of the final three months of 2018. In the most recent fiscal period, American Century Companies Inc. purchased an additional 8,204 shares of a corporation that currently has a market value of $631,000.
This increased its ownership stake in the company. As a direct consequence of this development, the corporation now holds a total ownership interest of 29,226 shares. Last but not least, during the first three months of this year, Salzhauer Michael increased the percentage of Codorus Valley Bancorp stock it possessed by 23.8%. Michael Salzhauer now has ownership of a total of 29,602 shares in the business, which has a market cap of $650.000. It is a direct outcome of the additional 5,700 shares purchased during the fiscal year’s most recent quarter. The company’s shares are now held by hedge funds and other types of institutional investors, who collectively own a total of 53.43% of the company. Codorus Valley Bancorp, Inc. is the name of the financial institution holding company that is PeoplesBank’s parent firm.
The community and its immediate vicinity are served by the banking institution known as PeoplesBank. Deposits in the form of savings accounts, money market deposits, certificates of deposit, and demand deposits, in addition to time deposits and money market certificates of deposit, will all be accepted by the company. In addition, it provides business loans to companies engaged in the construction and development of the real estate, as well as investors in commercial and residential real estate, hotels and motels, wholesale and retail businesses, and other types of companies and businesses. Investors can obtain these business loans in commercial and residential real estate. Mortgages and loans for home equity are examples of the types of loans that fall within the consumer lending category.
