Bay Bancorp (NASDAQ:BYBK) was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating in a research report issued on Friday.

Shares of Bay Bancorp (BYBK) remained flat at $$12.00 during trading hours on Friday. 3,003 shares of the stock traded hands, compared to its average volume of 31,739. Bay Bancorp has a fifty-two week low of $5.90 and a fifty-two week high of $12.05. The stock has a market cap of $128.08, a P/E ratio of 22.98 and a beta of 0.26.

Bay Bancorp (NASDAQ:BYBK) last announced its quarterly earnings results on Thursday, October 26th. The financial services provider reported $0.20 EPS for the quarter. Bay Bancorp had a net margin of 14.58% and a return on equity of 8.23%. The firm had revenue of $9.27 million during the quarter.

Several large investors have recently made changes to their positions in BYBK. Alpine Woods Capital Investors LLC lifted its stake in Bay Bancorp by 4.2% in the second quarter. Alpine Woods Capital Investors LLC now owns 25,000 shares of the financial services provider’s stock worth $190,000 after purchasing an additional 1,000 shares during the last quarter. Wells Fargo & Company MN lifted its stake in Bay Bancorp by 31.7% in the second quarter. Wells Fargo & Company MN now owns 34,544 shares of the financial services provider’s stock worth $263,000 after purchasing an additional 8,305 shares during the last quarter. Citadel Advisors LLC bought a new stake in Bay Bancorp in the third quarter worth about $323,000. Finally, Context BH Capital Management LP lifted its stake in Bay Bancorp by 12.7% in the second quarter. Context BH Capital Management LP now owns 58,091 shares of the financial services provider’s stock worth $441,000 after purchasing an additional 6,545 shares during the last quarter. 30.99% of the stock is owned by hedge funds and other institutional investors.

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About Bay Bancorp

Bay Bancorp, Inc, formerly Carrollton Bancorp, is a savings and loan holding company. The Company operates through its subsidiary, Bay Bank, FSB (the Bank). It operates in the Community Banking segment. The Bank serves local consumers, small and medium size businesses, professionals and other customers by offering a range of financial products and services, including online and mobile banking, commercial banking, cash management, mortgage lending and retail banking.

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