Codorus Valley Bancorp, Inc. (NASDAQ:CVLY) Director Brian D. Brunner Acquires 1,000 Shares of Stock

Codorus Valley Bancorp, Inc. (NASDAQ:CVLY – Get Rating) Director Brian D. Brunner bought 1,000 shares of the company’s stock in a transaction on Wednesday, May 17th. The shares were bought at an average price of $16.99 per share, for a total transaction of $16,990.00. Following the completion of the acquisition, the director now directly owns 47,840 shares in the company, valued at approximately $812,801.60. The purchase was disclosed in a filing with the SEC, which is accessible through this link.

Codorus Valley Bancorp Stock Performance

CVLY opened at $17.41 on Tuesday. The company has a market capitalization of $167.03 million, a price-to-earnings ratio of 6.94 and a beta of 0.54. The business’s 50-day moving average price is $19.48 and its two-hundred day moving average price is $22.30. Codorus Valley Bancorp, Inc. has a 1 year low of $16.00 and a 1 year high of $25.95. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.89 and a quick ratio of 0.89.

Codorus Valley Bancorp (NASDAQ:CVLY – Get Rating) last posted its quarterly earnings data on Thursday, April 27th. The financial services provider reported $0.73 earnings per share (EPS) for the quarter. The business had revenue of $24.54 million during the quarter. Codorus Valley Bancorp had a return on equity of 13.62% and a net margin of 22.12%.

Codorus Valley Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 9th. Stockholders of record on Tuesday, April 25th were given a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 3.68%. The ex-dividend date was Monday, April 24th. Codorus Valley Bancorp’s dividend payout ratio is presently 25.50%.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on shares of Codorus Valley Bancorp in a research report on Thursday, May 18th. They set a “hold” rating for the company.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in CVLY. Tower Research Capital LLC TRC lifted its position in Codorus Valley Bancorp by 12,591.3% during the 3rd quarter. Tower Research Capital LLC TRC now owns 2,919 shares of the financial services provider’s stock worth $55,000 after buying an additional 2,896 shares in the last quarter. Advisor Group Holdings Inc. grew its stake in Codorus Valley Bancorp by 51.2% in the first quarter. Advisor Group Holdings Inc. now owns 2,931 shares of the financial services provider’s stock valued at $64,000 after purchasing an additional 992 shares in the last quarter. Bank of America Corp DE increased its position in shares of Codorus Valley Bancorp by 70.4% during the 1st quarter. Bank of America Corp DE now owns 3,598 shares of the financial services provider’s stock worth $75,000 after purchasing an additional 1,487 shares during the last quarter. Barclays PLC increased its position in shares of Codorus Valley Bancorp by 1,690.6% during the 1st quarter. Barclays PLC now owns 4,548 shares of the financial services provider’s stock worth $95,000 after purchasing an additional 4,294 shares during the last quarter. Finally, Johnson & White Wealth Management LLC raised its stake in shares of Codorus Valley Bancorp by 771.4% during the 1st quarter. Johnson & White Wealth Management LLC now owns 9,655 shares of the financial services provider’s stock worth $200,000 after purchasing an additional 8,547 shares in the last quarter. Institutional investors own 49.14% of the company’s stock.

Codorus Valley Bancorp Company Profile

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Codorus Valley Bancorp, Inc is a one-bank holding company, which engages in the provision of banking services. It offers personal banking, mortgage banking, wealth management, and real estate services. The company was founded on October 7, 1986 and is headquartered in York, PA.