Bank Of Princeton (NASDAQ:BPRN) has been given an average rating of “Hold” by the six brokerages that are presently covering the stock, Marketbeat.com reports. Five analysts have rated the stock with a hold recommendation. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $32.00.

BPRN has been the subject of a number of analyst reports. TheStreet raised shares of Bank Of Princeton from a “c” rating to a “b-” rating in a research note on Monday, March 11th. Boenning Scattergood reissued a “buy” rating and set a $36.00 target price on shares of Bank Of Princeton in a research note on Wednesday, April 3rd. Zacks Investment Research downgraded shares of Bank Of Princeton from a “buy” rating to a “hold” rating in a research note on Friday, February 1st. Sandler O’Neill downgraded shares of Bank Of Princeton from a “buy” rating to a “hold” rating and set a $33.00 target price for the company. in a research note on Tuesday, April 23rd. Finally, B. Riley set a $31.00 target price on shares of Bank Of Princeton and gave the stock a “hold” rating in a research note on Friday.

Shares of BPRN stock traded up $0.45 during trading hours on Friday, hitting $27.95. 344 shares of the company’s stock traded hands, compared to its average volume of 9,121. The company has a market capitalization of $182.61 million, a P/E ratio of 13.06 and a beta of 0.42. Bank Of Princeton has a 12 month low of $26.77 and a 12 month high of $35.45.

Bank Of Princeton (NASDAQ:BPRN) last released its quarterly earnings results on Monday, April 22nd. The company reported $0.03 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.53 by ($0.50). The firm had revenue of $10.70 million for the quarter, compared to analysts’ expectations of $11.22 million. As a group, sell-side analysts expect that Bank Of Princeton will post 2.1 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, May 31st. Shareholders of record on Friday, May 10th will be issued a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 0.43%. The ex-dividend date is Thursday, May 9th. Bank Of Princeton’s payout ratio is 5.61%.

A number of large investors have recently bought and sold shares of the business. Northern Trust Corp grew its holdings in Bank Of Princeton by 0.9% in the first quarter. Northern Trust Corp now owns 57,361 shares of the company’s stock worth $1,820,000 after purchasing an additional 532 shares during the period. Bank of America Corp DE grew its holdings in Bank Of Princeton by 18.4% in the fourth quarter. Bank of America Corp DE now owns 3,783 shares of the company’s stock worth $106,000 after purchasing an additional 588 shares during the period. Acadian Asset Management LLC grew its holdings in Bank Of Princeton by 15.1% in the fourth quarter. Acadian Asset Management LLC now owns 7,649 shares of the company’s stock worth $214,000 after purchasing an additional 1,001 shares during the period. BNP Paribas Arbitrage SA grew its holdings in Bank Of Princeton by 513.6% in the first quarter. BNP Paribas Arbitrage SA now owns 1,221 shares of the company’s stock worth $39,000 after purchasing an additional 1,022 shares during the period. Finally, O Shaughnessy Asset Management LLC acquired a new stake in Bank Of Princeton in the first quarter worth $35,000. Institutional investors and hedge funds own 36.54% of the company’s stock.

About Bank Of Princeton

The Bank of Princeton provides various banking products and services. The company accepts checking, savings, attorney trust, and money market accounts, as well as certificates of deposit. Its loan products include commercial real estate and multi-family, commercial and industrial, construction, residential first-lien mortgage, home equity, and consumer loans, as well as lines of credit.

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