Kennedy Capital Management Inc. grew its position in shares of Select Bancorp Inc (NASDAQ:SLCT) by 16.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 215,668 shares of the bank’s stock after purchasing an additional 30,828 shares during the period. Kennedy Capital Management Inc.’s holdings in Select Bancorp were worth $2,726,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Dimensional Fund Advisors LP raised its stake in shares of Select Bancorp by 2.2% during the second quarter. Dimensional Fund Advisors LP now owns 115,629 shares of the bank’s stock valued at $1,413,000 after purchasing an additional 2,516 shares during the period. Bank of New York Mellon Corp raised its stake in shares of Select Bancorp by 7.6% during the third quarter. Bank of New York Mellon Corp now owns 89,235 shares of the bank’s stock valued at $1,045,000 after purchasing an additional 6,282 shares during the period. Wells Fargo & Company MN raised its stake in shares of Select Bancorp by 17.6% during the fourth quarter. Wells Fargo & Company MN now owns 63,169 shares of the bank’s stock valued at $799,000 after purchasing an additional 9,448 shares during the period. Monashee Investment Management LLC purchased a new stake in shares of Select Bancorp during the fourth quarter valued at approximately $164,000. Finally, Vanguard Group Inc. raised its stake in shares of Select Bancorp by 36.9% during the second quarter. Vanguard Group Inc. now owns 202,655 shares of the bank’s stock valued at $2,476,000 after purchasing an additional 54,635 shares during the period. Institutional investors own 19.43% of the company’s stock.
Shares of Select Bancorp Inc (SLCT) opened at $13.29 on Wednesday. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.11. The stock has a market cap of $155.00, a price-to-earnings ratio of 27.69 and a beta of 0.30. Select Bancorp Inc has a 12 month low of $10.58 and a 12 month high of $14.06.
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Select Bancorp Profile
Select Bancorp, Inc is the bank holding company for Select Bank & Trust Company (the Bank). The Bank is a commercial bank. The Bank provides commercial and retail financial services to customers located in its market areas. The Bank offers a range of banking services, including checking and savings accounts, commercial, consumer, mortgage and personal loans, and other associated financial services.
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