Belmont Bancorp (NASDAQ:BLMT) Stock Price While Sentiment Worsens

July 14, 2018 - By Vernon Rice

BSB Bancorp, Inc. (NASDAQ:BLMT) Logo

Sentiment for Belmont Bancorp (NASDAQ:BLMT)

Belmont Bancorp (NASDAQ:BLMT) institutional sentiment decreased to 1.15 in 2018 Q1. Its down -0.22, from 1.37 in 2017Q4. The ratio fall, as 23 hedge funds started new and increased holdings, while 20 sold and reduced their equity positions in Belmont Bancorp. The hedge funds in our partner’s database now possess: 4.68 million shares, up from 4.63 million shares in 2017Q4. Also, the number of hedge funds holding Belmont Bancorp in their top 10 holdings increased from 0 to 1 for an increase of 1. Sold All: 3 Reduced: 17 Increased: 16 New Position: 7.

BSB Bancorp, Inc. operates as the holding firm for Belmont Savings Bank that provides commercial and retail banking services to small businesses, municipalities, and other clients in the United States. The company has market cap of $340.99 million. The Company’s deposit products include relationship checking accounts for clients and businesses, passbook and statement savings accounts, certificates of deposit, money market accounts, interest on lawyer trust accounts, and individual retirement accounts, as well as commercial, municipal, and regular checking accounts. It has a 19.52 P/E ratio. The companyÂ’s loan portfolio comprises one to four family residential mortgage loans, commercial real estate loans, multi-family real estate loans, home equity lines of credit, indirect automobile loans, commercial business loans, construction loans, other consumer loans, and second mortgage loans.

The stock decreased 0.07% or $0.03 during the last trading session, reaching $35. About 4,390 shares traded. BSB Bancorp, Inc. (NASDAQ:BLMT) has risen 15.64% since July 14, 2017 and is uptrending. It has outperformed by 3.07% the S&P500.

Clover Partners L.P. holds 1.92% of its portfolio in BSB Bancorp, Inc. for 56,179 shares. Banc Funds Co Llc owns 929,460 shares or 1.46% of their US portfolio. Moreover, Fj Capital Management Llc has 1.25% invested in the company for 409,900 shares. The Minnesota-based Punch & Associates Investment Management Inc. has invested 0.54% in the stock. Ativo Capital Management Llc, a Illinois-based fund reported 31,009 shares.

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