Bryn Mawr Bank Corp. (NASDAQ:BMTC)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $45.58 and last traded at $44.30, with a volume of 52400 shares changing hands. The stock had previously closed at $44.15.

BMTC has been the subject of several research reports. ValuEngine lowered Bryn Mawr Bank from a “buy” rating to a “hold” rating in a report on Saturday, November 25th. Zacks Investment Research lowered Bryn Mawr Bank from a “hold” rating to a “sell” rating in a report on Monday, October 23rd. Two analysts have rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $48.50.

The firm has a market cap of $778.93, a price-to-earnings ratio of 19.76 and a beta of 0.62. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.95 and a current ratio of 0.95.

Bryn Mawr Bank (NASDAQ:BMTC) last announced its quarterly earnings data on Thursday, October 19th. The bank reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.05. Bryn Mawr Bank had a return on equity of 10.15% and a net margin of 21.29%. The business had revenue of $45.02 million during the quarter, compared to analyst estimates of $46.85 million. analysts anticipate that Bryn Mawr Bank Corp. will post 2.45 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, December 1st. Shareholders of record on Wednesday, November 1st were given a dividend of $0.22 per share. The ex-dividend date was Tuesday, October 31st. This represents a $0.88 annualized dividend and a dividend yield of 1.97%. Bryn Mawr Bank’s dividend payout ratio is currently 39.11%.

In other Bryn Mawr Bank news, EVP Joseph G. Keefer sold 11,500 shares of the stock in a transaction on Tuesday, October 24th. The stock was sold at an average price of $44.18, for a total transaction of $508,070.00. Following the sale, the executive vice president now owns 19,925 shares in the company, valued at $880,286.50. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 2.31% of the company’s stock.

Several large investors have recently bought and sold shares of the business. Dimensional Fund Advisors LP raised its position in shares of Bryn Mawr Bank by 4.3% in the third quarter. Dimensional Fund Advisors LP now owns 896,846 shares of the bank’s stock worth $39,282,000 after buying an additional 36,790 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Bryn Mawr Bank by 1.1% in the second quarter. Vanguard Group Inc. now owns 744,704 shares of the bank’s stock worth $31,650,000 after buying an additional 8,100 shares in the last quarter. The Manufacturers Life Insurance Company raised its position in shares of Bryn Mawr Bank by 15.8% in the second quarter. The Manufacturers Life Insurance Company now owns 697,942 shares of the bank’s stock worth $29,662,000 after buying an additional 95,440 shares in the last quarter. Franklin Resources Inc. raised its position in shares of Bryn Mawr Bank by 200.4% in the second quarter. Franklin Resources Inc. now owns 622,794 shares of the bank’s stock worth $26,469,000 after buying an additional 415,444 shares in the last quarter. Finally, Renaissance Technologies LLC raised its position in shares of Bryn Mawr Bank by 2.4% in the second quarter. Renaissance Technologies LLC now owns 559,000 shares of the bank’s stock worth $23,758,000 after buying an additional 12,900 shares in the last quarter. Hedge funds and other institutional investors own 81.54% of the company’s stock.

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About Bryn Mawr Bank

Bryn Mawr Bank Corporation is the bank holding company of the Bryn Mawr Trust Company (the Bank). The Company and its subsidiaries offer a range of personal and business banking services, consumer and commercial loans, equipment leasing, mortgages, insurance and wealth management services, including investment management, trust and estate administration, retirement planning, custody services, and tax planning and preparation from various location across Montgomery, Delaware, Chester, Philadelphia and Dauphin counties of Pennsylvania, and New Castle county in Delaware.

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