Context BH Capital Management LP Grows Position in Plumas Bancorp (PLBC)

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.

Institutional Ownership by Quarter for Plumas Bancorp (NASDAQ:PLBC)

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