Context BH Capital Management LP increased its stake in shares of Plumas Bancorp (NASDAQ:PLBC) by 6.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 44,214 shares of the financial services provider’s stock after buying an additional 2,500 shares during the quarter. Context BH Capital Management LP owned about 0.88% of Plumas Bancorp worth $924,000 at the end of the most recent quarter.
Separately, River Oaks Capital LLC boosted its holdings in Plumas Bancorp by 79.0% in the 2nd quarter. River Oaks Capital LLC now owns 52,628 shares of the financial services provider’s stock valued at $1,121,000 after purchasing an additional 23,228 shares in the last quarter. Hedge funds and other institutional investors own 14.60% of the company’s stock.
Shares of Plumas Bancorp (NASDAQ PLBC) traded down $0.10 on Tuesday, reaching $21.05. The company’s stock had a trading volume of 6,800 shares, compared to its average volume of 6,263. Plumas Bancorp has a 12 month low of $13.00 and a 12 month high of $22.37. The stock has a market cap of $107.08, a price-to-earnings ratio of 11.95 and a beta of 0.59. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.89 and a quick ratio of 0.89.
Plumas Bancorp (NASDAQ:PLBC) last announced its quarterly earnings data on Tuesday, October 17th. The financial services provider reported $0.47 earnings per share for the quarter. Plumas Bancorp had a return on equity of 17.70% and a net margin of 25.10%. The company had revenue of $9.33 million for the quarter.
The firm also recently disclosed a semiannual dividend, which will be paid on Wednesday, November 15th. Shareholders of record on Wednesday, November 1st will be issued a $0.14 dividend. This represents a yield of 1.32%. The ex-dividend date of this dividend is Tuesday, October 31st. Plumas Bancorp’s dividend payout ratio is presently 15.82%.
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In other news, Director Robert J. Mcclintock purchased 5,000 shares of the firm’s stock in a transaction dated Thursday, August 17th. The shares were acquired at an average price of $20.30 per share, with a total value of $101,500.00. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Richard Francis Kenny purchased 1,260 shares of the firm’s stock in a transaction dated Tuesday, August 29th. The shares were purchased at an average cost of $19.88 per share, for a total transaction of $25,048.80. The disclosure for this purchase can be found here. 11.50% of the stock is currently owned by insiders.
Plumas Bancorp Company Profile
Plumas Bancorp is a bank holding company. The Company’s primary subsidiary is Plumas Bank. The Bank is a California state-chartered bank. The Federal Deposit Insurance Corporation (the FDIC) up to maximum insurable amounts insures the Bank’s deposit accounts. The Bank operates through its approximately 10 branch networks.
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