Codorus Valley Bancorp Inc Q2 2018 Institutional Investor Sentiment Better Than Expected

September 16, 2018 - By Darrel Chase

Codorus Valley Bancorp, Inc. (NASDAQ:CVLY) Logo

Sentiment for Codorus Valley Bancorp Inc (NASDAQ:CVLY)

Codorus Valley Bancorp Inc (NASDAQ:CVLY) institutional sentiment increased to 2 in 2018 Q2. Its up 1.35, from 0.65 in 2018Q1. The ratio is better, as 30 institutional investors increased or started new equity positions, while 15 sold and decreased their stakes in Codorus Valley Bancorp Inc. The institutional investors in our partner’s database now own: 4.66 million shares, down from 4.76 million shares in 2018Q1. Also, the number of institutional investors holding Codorus Valley Bancorp Inc in their top 10 equity positions was flat from 1 to 1 for the same number . Sold All: 1 Reduced: 14 Increased: 19 New Position: 11.

Codorus Valley Bancorp, Inc. operates as a holding firm for the PeoplesBank that provides various business and consumer banking services. The company has market cap of $265.88 million. It accepts demand, money market, time, and saving accounts. It has a 17.79 P/E ratio. The firm also offers commercial real estate loans; industrial loans; construction loans; commercial loans, such as builder and developer, commercial real estate investor, residential real estate investor, hotel/motel, wholesale and retail, agriculture, manufacturing, and other loans; and consumer loans, including residential mortgage, home equity, and other loans.

The stock decreased 0.10% or $0.03 during the last trading session, reaching $29.72. About 9,427 shares traded. Codorus Valley Bancorp, Inc. (NASDAQ:CVLY) has risen 20.98% since September 16, 2017 and is uptrending. It has outperformed by 5.36% the S&P500.

Endicott Management Co holds 5.51% of its portfolio in Codorus Valley Bancorp, Inc. for 243,634 shares. Eidelman Virant Capital owns 55,626 shares or 1.05% of their US portfolio. Moreover, Banc Funds Co Llc has 1.02% invested in the company for 645,777 shares. The New York-based Maltese Capital Management Llc has invested 0.8% in the stock. Basswood Capital Management L.L.C., a New York-based fund reported 349,593 shares.

Since January 1, 0001, it had 1 insider buy, and 4 sales for $127,979 activity.

Another recent and important Codorus Valley Bancorp, Inc. (NASDAQ:CVLY) news was published by which published an article titled: “Bank Notes: PNC cooperating with low-income housing tax credit inquiry” on August 20, 2018.

Codorus Valley Bancorp, Inc. (NASDAQ:CVLY) Institutional Positions Chart

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