Is Evans Bancorp Inc (NYSEMKT:EVBN) Going to Burn These Institutional Investors?

September 16, 2018 - By Tamara Reed

Sentiment for Evans Bancorp Inc (NYSEMKT:EVBN)

Evans Bancorp Inc (NYSEMKT:EVBN) institutional sentiment increased to 2.07 in Q2 2018. Its up 0.48, from 1.59 in 2018Q1. The ratio has improved, as 29 investment managers increased and started new equity positions, while 14 trimmed and sold holdings in Evans Bancorp Inc. The investment managers in our partner’s database now have: 2.63 million shares, up from 2.61 million shares in 2018Q1. Also, the number of investment managers holding Evans Bancorp Inc in their top 10 equity positions was flat from 1 to 1 for the same number . Sold All: 2 Reduced: 12 Increased: 22 New Position: 7.

Evans Bancorp, Inc. operates as the financial holding firm for Evans Bank, N.A. that provides a range of banking services and products to consumer and commercial clients in Western New York. The company has market cap of $226.61 million. It operates through two divisions, Banking Activities and Insurance Agency Activities. It has a 19.56 P/E ratio. The firm offers deposit products, which include checking and NOW accounts, savings accounts, and certificates of deposit.

The stock increased 0.64% or $0.3 during the last trading session, reaching $47. About 3,421 shares traded. Evans Bancorp, Inc. (NYSEMKT:EVBN) has risen 17.50% since September 16, 2017 and is uptrending. It has outperformed by 1.88% the S&P500.

Jcsd Capital Llc holds 4.22% of its portfolio in Evans Bancorp, Inc. for 129,312 shares. Fj Capital Management Llc owns 256,000 shares or 1.31% of their US portfolio. Moreover, Maltese Capital Management Llc has 0.78% invested in the company for 252,777 shares. The New York-based Mendon Capital Advisors Corp has invested 0.35% in the stock. Rmb Capital Management Llc, a Illinois-based fund reported 315,807 shares.

Since January 1, 0001, it had 3 insider buys, and 4 insider sales for $182,604 activity.

Evans Bancorp, Inc. (NYSEAMERICAN:EVBN) Institutional Positions Chart

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