Barclays PLC Acquires 4,777 Shares of Princeton Bancorp, Inc. (NASDAQ:BPRN)

Barclays PLC lifted its stake in Princeton Bancorp, Inc. (NASDAQ:BPRNFree Report) by 262.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,599 shares of the company’s stock after acquiring an additional 4,777 shares during the period. Barclays PLC’s holdings in Princeton Bancorp were worth $244,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in BPRN. Bank of New York Mellon Corp boosted its stake in Princeton Bancorp by 1.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 24,894 shares of the company’s stock worth $824,000 after purchasing an additional 321 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Princeton Bancorp by 9.7% in the second quarter. Dimensional Fund Advisors LP now owns 113,090 shares of the company’s stock worth $3,742,000 after buying an additional 9,990 shares in the last quarter. Renaissance Technologies LLC boosted its position in shares of Princeton Bancorp by 4.5% in the second quarter. Renaissance Technologies LLC now owns 41,523 shares of the company’s stock valued at $1,374,000 after acquiring an additional 1,800 shares during the period. Copeland Capital Management LLC purchased a new position in Princeton Bancorp during the third quarter valued at approximately $47,000. Finally, Masso Torrence Wealth Management Inc. bought a new stake in Princeton Bancorp during the 3rd quarter worth approximately $302,000. 43.36% of the stock is currently owned by hedge funds and other institutional investors.

Princeton Bancorp Stock Up 0.9 %

Shares of NASDAQ BPRN opened at $33.13 on Tuesday. The firm has a market capitalization of $226.94 million, a P/E ratio of 18.93 and a beta of 0.61. The stock’s 50-day simple moving average is $35.76 and its two-hundred day simple moving average is $36.21. Princeton Bancorp, Inc. has a twelve month low of $29.02 and a twelve month high of $39.35.

Princeton Bancorp (NASDAQ:BPRNGet Free Report) last posted its quarterly earnings data on Tuesday, October 29th. The company reported $0.63 earnings per share for the quarter, missing the consensus estimate of $0.69 by ($0.06). The company had revenue of $33.87 million for the quarter, compared to the consensus estimate of $19.30 million. During the same quarter last year, the business posted $0.80 EPS. As a group, research analysts anticipate that Princeton Bancorp, Inc. will post 2.98 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, Hovde Group assumed coverage on shares of Princeton Bancorp in a research report on Tuesday, November 19th. They set a “market perform” rating and a $40.00 price target for the company.

Check Out Our Latest Stock Report on Princeton Bancorp

Princeton Bancorp Profile

(Free Report)

Princeton Bancorp, Inc operates as the bank holding company for The Bank of Princeton that provides various banking products and services. It accepts various deposit products, including checking, savings, attorney trust, and money market accounts, as well as certificates of deposit. The company also offers traditional retail banking services, one-to-four-family residential mortgage loans, multi-family and commercial mortgage loans, construction loans, and commercial business loans, as well as consumer loans, including home equity loans and lines of credit.

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Institutional Ownership by Quarter for Princeton Bancorp (NASDAQ:BPRN)

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