Kingsview Wealth Management LLC Makes New Investment in LINKBANCORP, Inc. (NASDAQ:LNKB)

Kingsview Wealth Management LLC bought a new stake in LINKBANCORP, Inc. (NASDAQ:LNKBFree Report) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 13,104 shares of the company’s stock, valued at approximately $90,000. Kingsview Wealth Management LLC owned 0.08% of LINKBANCORP as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. UBS Group AG purchased a new stake in LINKBANCORP during the third quarter valued at about $41,000. Susquehanna International Group LLP acquired a new stake in shares of LINKBANCORP in the first quarter worth $67,000. Cambridge Investment Research Advisors Inc. purchased a new position in shares of LINKBANCORP in the 3rd quarter valued at $85,000. HRT Financial LP acquired a new position in shares of LINKBANCORP during the 1st quarter valued at $88,000. Finally, Advisor Group Holdings Inc. purchased a new stake in LINKBANCORP during the 4th quarter worth $187,000. Institutional investors and hedge funds own 37.52% of the company’s stock.

LINKBANCORP Stock Down 1.6 %

Shares of NASDAQ LNKB opened at $6.81 on Friday. The stock has a fifty day moving average price of $7.46 and a 200 day moving average price of $6.88. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.39. LINKBANCORP, Inc. has a 12-month low of $4.80 and a 12-month high of $8.29. The company has a market cap of $110.59 million, a P/E ratio of -13.35 and a beta of 0.65.

LINKBANCORP (NASDAQ:LNKBGet Free Report) last issued its earnings results on Monday, January 29th. The company reported $0.09 earnings per share for the quarter, topping the consensus estimate of ($0.05) by $0.14. The company had revenue of $15.49 million during the quarter, compared to the consensus estimate of $16.42 million. LINKBANCORP had a positive return on equity of 4.37% and a negative net margin of 18.34%. Research analysts anticipate that LINKBANCORP, Inc. will post 0.76 EPS for the current fiscal year.

LINKBANCORP Profile

(Free Report)

LINKBANCORP, Inc operates as a bank holding company for The Gratz Bank, that provides various banking products and services to individuals, families, nonprofit, and business customers in Pennsylvania. Its deposit products include demand, saving, and money market accounts, as well as certificates of deposits.

Featured Articles

Institutional Ownership by Quarter for LINKBANCORP (NASDAQ:LNKB)

Receive News & Ratings for LINKBANCORP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LINKBANCORP and related companies with MarketBeat.com's FREE daily email newsletter.