Parametric Portfolio Associates LLC Takes Position in Bar Harbor Bankshares (NYSEAMERICAN:BHB)

Parametric Portfolio Associates LLC bought a new stake in shares of Bar Harbor Bankshares (NYSEAMERICAN:BHB) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 8,691 shares of the financial services provider’s stock, valued at approximately $231,000. Parametric Portfolio Associates LLC owned about 0.06% of Bar Harbor Bankshares as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Aperio Group LLC bought a new position in shares of Bar Harbor Bankshares during the 2nd quarter valued at $31,000. Bank of Montreal Can bought a new stake in Bar Harbor Bankshares in the 2nd quarter worth $34,000. Camden National Bank bought a new stake in Bar Harbor Bankshares in the 2nd quarter worth $511,000. Janney Montgomery Scott LLC grew its holdings in Bar Harbor Bankshares by 5.8% in the 2nd quarter. Janney Montgomery Scott LLC now owns 21,952 shares of the financial services provider’s stock worth $584,000 after acquiring an additional 1,209 shares during the last quarter. Finally, Swiss National Bank grew its holdings in Bar Harbor Bankshares by 2.5% in the 2nd quarter. Swiss National Bank now owns 28,900 shares of the financial services provider’s stock worth $768,000 after acquiring an additional 700 shares during the last quarter.

Separately, TheStreet lowered shares of Bar Harbor Bankshares from a “b-” rating to a “c+” rating in a report on Tuesday, August 27th.

Bar Harbor Bankshares stock traded down $0.08 during trading hours on Friday, reaching $25.84. The stock had a trading volume of 20,824 shares, compared to its average volume of 25,056. Bar Harbor Bankshares has a 52 week low of $21.24 and a 52 week high of $27.58.

The company also recently declared a dividend, which will be paid on Friday, December 13th. Shareholders of record on Wednesday, November 13th will be issued a $0.22 dividend. The ex-dividend date is Tuesday, November 12th.

In other news, Director Scott G. Toothaker purchased 5,371 shares of the business’s stock in a transaction on Tuesday, August 27th. The shares were acquired at an average price of $21.63 per share, with a total value of $116,174.73. Following the acquisition, the director now directly owns 29,580 shares in the company, valued at $639,815.40. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In the last three months, insiders acquired 6,567 shares of company stock worth $142,790.

Bar Harbor Bankshares Company Profile

Bar Harbor Bankshares operates as the 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, 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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