Bar Harbor Bankshares (BHB) Getting Somewhat Positive Press Coverage, Accern Reports

Posted by on Oct 12, 2017 in Local News | Comments Off on Bar Harbor Bankshares (BHB) Getting Somewhat Positive Press Coverage, Accern Reports

News stories about Bar Harbor Bankshares (NYSE:BHB) have trended somewhat positive this week, according to Accern. Accern scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Bar Harbor Bankshares earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 46.8882192342082 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Bar Harbor Bankshares (NYSE:BHB) traded up 0.61% on Thursday, hitting $31.49. The stock had a trading volume of 31,004 shares. The company’s 50 day moving average is $28.49 and its 200 day moving average is $29.26. Bar Harbor Bankshares has a 12-month low of $24.13 and a 12-month high of $33.41. The firm has a market cap of $485.58 million and a PE ratio of 22.41.

The company also recently declared a quarterly dividend, which was paid on Friday, September 15th. Stockholders of record on Tuesday, August 15th were given a dividend of $0.1867 per share. The ex-dividend date was Friday, August 11th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 2.37%.

Separately, TheStreet lowered Bar Harbor Bankshares from a “b” rating to a “c+” rating in a research note on Friday, August 11th.

TRADEMARK VIOLATION NOTICE: This news story was reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this news story on another publication, it was illegally stolen and republished in violation of United States international copyright trademark law. The correct version of this news story can be viewed at https://ledgergazette.com/2017/10/12/bar-harbor-bankshares-bhb-getting-somewhat-positive-press-coverage-accern-reports.html.

In other Bar Harbor Bankshares news, Director Stephen R. Theroux purchased 2,410 shares of the stock in a transaction on Wednesday, September 13th. The shares were purchased at an average cost of $27.23 per share, for a total transaction of $65,624.30. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Stephen R. Theroux purchased 1,000 shares of the stock in a transaction on Friday, September 1st. The stock was acquired at an average price of $26.18 per share, for a total transaction of $26,180.00. The disclosure for this purchase can be found here. Over the last 90 days, insiders have purchased 5,985 shares of company stock worth $158,158.

About Bar Harbor Bankshares

Bar Harbor Bankshares is a bank holding company. The Company’s operating subsidiary, Bar Harbor Bank Trust (the Bank), is a community bank, which offers a range of deposit, loan and related banking products, as well as brokerage services provided through a third-party brokerage arrangement. In addition, the Company offers trust and investment management services through its second tier subsidiary, Bar Harbor Trust Services, a Maine chartered non-depository trust company.<!–ViewCount:ArticleHistoryID=11912588&Post

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Bar Harbor Bankshares (NYSE:BHB) traded up 0.61% on Thursday, hitting $31.49. The stock had a trading volume of 31,004 shares. The companys 50 day moving average is $28.49 and its 200 day moving average is $29.26. Bar Harbor Bankshares has a 12-month low of $24.13 and a 12-month high of $33.41. The firm has a market cap of $485.58 million and a PE ratio of 22.41.

The company also recently declared a quarterly dividend, which was paid on Friday, September 15th. Stockholders of record on Tuesday, August 15th were given a dividend of $0.1867 per share. The ex-dividend date was Friday, August 11th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 2.37%.

Separately, TheStreet lowered Bar Harbor Bankshares from a b rating to a c+ rating in a research note on Friday, August 11th.

TRADEMARK VIOLATION NOTICE: This news story was reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this news story on another publication, it was illegally stolen and republished in violation of United States international copyright trademark law. The correct version of this news story can be viewed at https://ledgergazette.com/2017/10/12/bar-harbor-bankshares-bhb-getting-somewhat-positive-press-coverage-accern-reports.html.

In other Bar Harbor Bankshares news, Director Stephen R. Theroux purchased 2,410 shares of the stock in a transaction on Wednesday, September 13th. The shares were purchased at an average cost of $27.23 per share, for a total transaction of $65,624.30. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Stephen R. Theroux purchased 1,000 shares of the stock in a transaction on Friday, September 1st. The stock was acquired at an average price of $26.18 per share, for a total transaction of $26,180.00. The disclosure for this purchase can be found here. Over the last 90 days, insiders have purchased 5,985 shares of company stock worth $158,158.

About Bar Harbor Bankshares

Bar Harbor Bankshares is a bank holding company. The Companys operating subsidiary, Bar Harbor Bank Trust (the Bank), is a community bank, which offers a range of deposit, loan and related banking products, as well as brokerage services provided through a third-party brokerage arrangement. In addition, the Company offers trust and investment management services through its second tier subsidiary, Bar Harbor Trust Services, a Maine chartered non-depository trust company.

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Article source: https://ledgergazette.com/2017/10/12/bar-harbor-bankshares-bhb-getting-somewhat-positive-press-coverage-accern-reports.html