Is Acnb Corp (NASDAQ:ACNB) Going to Burn These Institutional Investors?

September 16, 2018 - By Sheila Pollock

Sentiment for Acnb Corp (NASDAQ:ACNB)

Acnb Corp (NASDAQ:ACNB) institutional sentiment increased to 1.56 in 2018 Q2. Its up 0.45, from 1.11 in 2018Q1. The ratio improved, as 25 active investment managers increased or started new holdings, while 16 sold and trimmed positions in Acnb Corp. The active investment managers in our partner’s database now possess: 1.40 million shares, up from 1.32 million shares in 2018Q1. Also, the number of active investment managers holding Acnb Corp in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 14 Increased: 15 New Position: 10.

ACNB Corporation operates as the financial holding firm for ACNB Bank that provides various banking and financial services to individuals and businesses in the United States. The company has market cap of $276.62 million. The firm accepts deposit products, such as interest and non-interest checking, savings, and money market accounts, as well as time deposits. It has a 18.59 P/E ratio. It also offers commercial lending products, including commercial mortgages, real estate development and construction loans, accounts receivable and inventory financing, agricultural, and governmental loans; consumer lending products comprising home equity loans and lines of credit, automobile and recreational vehicle loans, manufactured housing loans, and personal lines of credit; and mortgage lending products consisting of personal residential mortgages, and residential construction and investment mortgage loans.

The stock decreased 2.12% or $0.85 during the last trading session, reaching $39.3. About 11,024 shares traded or 21.92% up from the average. ACNB Corporation (NASDAQ:ACNB) has risen 50.00% since September 16, 2017 and is uptrending. It has outperformed by 34.38% the S&P500.

Financial Consulate Inc holds 0.39% of its portfolio in ACNB Corporation for 22,687 shares. Ativo Capital Management Llc owns 32,009 shares or 0.3% of their US portfolio. Moreover, Wheatland Advisors Inc has 0.25% invested in the company for 9,308 shares. The Vermont-based Hanson & Doremus Investment Management has invested 0.05% in the stock. Clenar Muke Llc, a California-based fund reported 20,770 shares.

Since January 1, 0001, it had 21 buys, and 0 sales for $76,867 activity.

ACNB Corporation (NASDAQ:ACNB) Institutional Positions Chart

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