Codorus Valley Bancorp, Inc. (CVLY) Director Purchases $49,989.00 in Stock

Codorus Valley Bancorp, Inc. (NASDAQ:CVLY) Director John W. Giambalvo bought 1,754 shares of the stock in a transaction dated Thursday, February 1st. The stock was purchased at an average price of $28.50 per share, with a total value of $49,989.00. Following the purchase, the director now owns 4,633 shares in the company, valued at $132,040.50. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink.

Codorus Valley Bancorp, Inc. (NASDAQ CVLY) opened at $25.97 on Thursday. The company has a market capitalization of $236.32, a P/E ratio of 19.64 and a beta of 0.65. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.04 and a quick ratio of 1.04. Codorus Valley Bancorp, Inc. has a one year low of $23.96 and a one year high of $34.75.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 13th. Stockholders of record on Tuesday, January 23rd will be paid a $0.155 dividend. This represents a $0.62 dividend on an annualized basis and a dividend yield of 2.39%. The ex-dividend date of this dividend is Monday, January 22nd. This is a boost from Codorus Valley Bancorp’s previous quarterly dividend of $0.14. Codorus Valley Bancorp’s dividend payout ratio (DPR) is presently 46.89%.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. FMR LLC lifted its stake in shares of Codorus Valley Bancorp by 3.9% in the 2nd quarter. FMR LLC now owns 757,370 shares of the financial services provider’s stock valued at $21,509,000 after purchasing an additional 28,146 shares during the period. Maltese Capital Management LLC raised its stake in Codorus Valley Bancorp by 12.2% during the fourth quarter. Maltese Capital Management LLC now owns 449,462 shares of the financial services provider’s stock valued at $12,374,000 after buying an additional 48,922 shares during the last quarter. Vanguard Group Inc. raised its stake in Codorus Valley Bancorp by 2.0% during the second quarter. Vanguard Group Inc. now owns 277,204 shares of the financial services provider’s stock valued at $7,873,000 after buying an additional 5,531 shares during the last quarter. State Street Corp raised its stake in Codorus Valley Bancorp by 18.8% during the second quarter. State Street Corp now owns 140,509 shares of the financial services provider’s stock valued at $3,994,000 after buying an additional 22,285 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in Codorus Valley Bancorp by 7.6% during the third quarter. Dimensional Fund Advisors LP now owns 122,308 shares of the financial services provider’s stock valued at $3,756,000 after buying an additional 8,600 shares during the last quarter. Institutional investors own 50.05% of the company’s stock.

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About Codorus Valley Bancorp

Codorus Valley Bancorp, Inc is a bank holding company. The Company provides a range of banking services through its subsidiary, PeoplesBank, A Codorus Valley Company (PeoplesBank). The Company operates through the community banking segment. PeoplesBank is a chartered bank that offers a range of business and consumer banking services.

Insider Buying and Selling by Quarter for Codorus Valley Bancorp (NASDAQ:CVLY)

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