Codorus Valley Bancorp, Inc. (NASDAQ:CVLY - Get Rating) VP Diane E. Baker sold 987 shares of the stock in a transaction that occurred on Tuesday, June 21st. The shares were sold at an average price of $22.34, for a total transaction of $22,049.58. Following the completion of the sale, the vice president now directly owns 20,837 shares in the company, valued at $465,498.58. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.
Shares of NASDAQ CVLY traded down $0.05 during mid-day trading on Thursday, reaching $22.44. The company had a trading volume of 1,135 shares, compared to its average volume of 9,490. Codorus Valley Bancorp, Inc. has a 52-week low of $19.61 and a 52-week high of $24.48. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.28. The stock has a market cap of $213.85 million, a P/E ratio of 15.80 and a beta of 0.53. The firm has a 50 day simple moving average of $23.09 and a two-hundred day simple moving average of $22.34.
Codorus Valley Bancorp (NASDAQ:CVLY - Get Rating) last issued its quarterly earnings data on Thursday, April 28th. The financial services provider reported $0.32 earnings per share (EPS) for the quarter. Codorus Valley Bancorp had a net margin of 15.98% and a return on equity of 7.11%. The company had revenue of $19.56 million for the quarter.
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 10th. Shareholders of record on Tuesday, April 26th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 2.67%. The ex-dividend date was Monday, April 25th. Codorus Valley Bancorp's payout ratio is currently 42.25%.
Separately, StockNews.com began coverage on shares of Codorus Valley Bancorp in a research report on Wednesday. They issued a "hold" rating on the stock.
Institutional investors have recently modified their holdings of the business. Advisor Group Holdings Inc. lifted its holdings in shares of Codorus Valley Bancorp by 51.2% in the 1st quarter. Advisor Group Holdings Inc. now owns 2,931 shares of the financial services provider's stock valued at $64,000 after buying an additional 992 shares during the period. Hazlett Burt & Watson Inc. acquired a new stake in shares of Codorus Valley Bancorp in the 1st quarter valued at approximately $117,000. Marshall Wace LLP acquired a new stake in shares of Codorus Valley Bancorp in the 3rd quarter valued at approximately $412,000. Two Sigma Investments LP acquired a new stake in shares of Codorus Valley Bancorp in the 3rd quarter valued at approximately $623,000. Finally, American Century Companies Inc. lifted its holdings in shares of Codorus Valley Bancorp by 39.0% in the 4th quarter. American Century Companies Inc. now owns 29,226 shares of the financial services provider's stock valued at $631,000 after buying an additional 8,204 shares during the period. 51.29% of the stock is currently owned by institutional investors.
About Codorus Valley Bancorp (Get Rating)
Codorus Valley Bancorp, Inc operates as the bank holding company for the PeoplesBank that provides community banking services. The company accepts demand, money market, time, and savings deposits, as well as certificates of deposit. It also offers commercial loans, such as builder and developer, commercial and residential real estate investor, hotel/motel, wholesale and retail, agriculture, manufacturing, and other loans; consume loans, including residential mortgage, home equity, and others.
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