Dimensional Fund Advisors Lp Increased Horizon Bancorp Inc (NASDAQ:HBNC) Stake by $11.16 Million

August 12, 2018 - By Elizabeth Bryant

Horizon Bancorp, Inc. (NASDAQ:HBNC) LogoInvestors sentiment decreased to 1.29 in Q1 2018. Its down 0.54, from 1.83 in 2017Q4. It worsened, as 9 investors sold HBNC shares while 25 reduced holdings. 9 funds opened positions while 35 raised stakes. 12.89 million shares or 5.93% more from 12.17 million shares in 2017Q4 were reported. Catalyst holds 0.02% or 22,800 shares in its portfolio. 1St Source State Bank stated it has 0.13% in Horizon Bancorp, Inc. (NASDAQ:HBNC). Credit Suisse Ag owns 26,013 shares. Zurcher Kantonalbank (Zurich Cantonalbank) reported 0% stake. Lpl Fin Ltd Com holds 15,183 shares or 0% of its portfolio. Us Bank De reported 9,150 shares. Tiaa Cref Limited Liability Corporation holds 90,189 shares. Thrivent For Lutherans has invested 0.01% in Horizon Bancorp, Inc. (NASDAQ:HBNC). Kennedy Management holds 0.02% in Horizon Bancorp, Inc. (NASDAQ:HBNC) or 42,554 shares. State Street Corp accumulated 471,288 shares or 0% of the stock. Zebra Capital Management Ltd Liability holds 0.07% of its portfolio in Horizon Bancorp, Inc. (NASDAQ:HBNC) for 6,723 shares. Meeder Asset Mgmt reported 459 shares or 0% of all its holdings. Clarivest Asset Llc has invested 0.03% of its portfolio in Horizon Bancorp, Inc. (NASDAQ:HBNC). Ameritas Partners has 1,870 shares. Minerva Limited Liability Com accumulated 29,816 shares or 0.47% of the stock.

Since February 21, 2018, it had 1 buying transaction, and 5 selling transactions for $797,633 activity. Blackhurst Eric P. bought $50,041 worth of stock or 1,630 shares. Another trade for 2,250 shares valued at $70,538 was sold by DWIGHT CRAIG M. 652 Horizon Bancorp, Inc. (NASDAQ:HBNC) shares with value of $19,586 were sold by DeRuiter Kathie A. Kuhn Dennis sold $225,000 worth of stock.

Dimensional Fund Advisors Lp increased its stake in Horizon Bancorp Inc (NASDAQ:HBNC) by 61.87% based on its latest 2018Q2 regulatory filing with the SEC. Dimensional Fund Advisors Lp bought 557,868 shares as the company’s stock rose 5.34% while stock markets declined. The institutional investor held 1.46M shares of the major banks company at the end of 2018Q2, valued at $30.20M, up from 901,624 at the end of the previous reported quarter. Dimensional Fund Advisors Lp who had been investing in Horizon Bancorp Inc for a number of months, seems to be bullish on the $800.63M market cap company. The stock decreased 0.10% or $0.02 during the last trading session, reaching $20.87. About 29,399 shares traded. Horizon Bancorp, Inc. (NASDAQ:HBNC) has risen 23.26% since August 13, 2017 and is uptrending. It has outperformed by 10.69% the S&P500.

Dimensional Fund Advisors Lp, which manages about $250.84B US Long portfolio, decreased its stake in Fomento Economico Mexicano S (NYSE:FMX) by 180,624 shares to 1.70M shares, valued at $149.61 million in 2018Q2, according to the filing. It also reduced its holding in Bunge Limited (NYSE:BG) by 292,929 shares in the quarter, leaving it with 1.71M shares, and cut its stake in Horizon Pharma Plc (NASDAQ:HZNP).

Dimensional Fund Advisors Lp is a Texas-based institutional investor with more than $347.00 billion AUM in November, 2014. This fund invests only a small percentage of its assets in equities and options. Dimensional Fund Advisors Lp is the 9th largest institutional investor in our database. Taken from Dimensional Fund Advisors latest Adv, the fund reported to have 488 full and part-time employees. Among which 99 performing investment advisory and research functions. The institutional investor had more than 400 clients.

Horizon Bancorp operates as the bank holding firm for Horizon Bank that provides commercial and retail banking services. The company has market cap of $800.63 million. The firm offers non-interest bearing and interest-bearing demand deposits, savings accounts, money market deposits, and time deposits. It has a 18.12 P/E ratio. The Company’s loan portfolio comprises commercial, financial, agricultural, and commercial tax-exempt loans; and real estate, mortgage warehouse, and consumer loans.

More news for Horizon Bancorp, Inc. (NASDAQ:HBNC) were recently published by: Nasdaq.com, which released: “Horizon Bancorp, Inc. Announces Record Quarterly and Year-to-Date Earnings” on July 25, 2018. Seekingalpha.com‘s article titled: “Horizon Bancorp (HBNC) Presents At Keefe, Bruyette, & Woods Nineteenth Annual Community Bank Investor …” and published on July 31, 2018 is yet another important article.

Horizon Bancorp, Inc. (NASDAQ:HBNC) Institutional Positions Chart

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