According to the most recent SEC filing,,,, and, respectively. The firm held 3,435 of the stock of the financial services provider after selling 8,568 during the quarter. Front Street Capital Management Inc. held Camden National shares worth $143,000 according to its latest SEC filing.
Several other institutional investors have also recently increased or decreased their stakes in CAC. Alliancebernstein L.P. increased its stake in Camden National during the fourth-quarter by 2.5%. Alliancebernstein L.P. owns 12,066 of the financial services providers stock, valued at $503,000. After buying additional 300 shares during the last quarter. Squarepoint Ops LLC acquired a new stake in Camden National valued at approximately $217,000. Millennium Management LLC increased its stake in Camden National during the fourth-quarter by 520.3%. Millennium Management LLC owns 67158 shares of Camden National's stock, valued at $2.800,000. This is after purchasing an additional 56.331 shares during the last quarter. AQR capital management LLC increased its stake in Camden National during the fourth-quarter by 34.1%. AQR capital management LLC owns now 34,237 of the financial service provider's shares valued at $1.427,000, after purchasing an additional 8,711 in the last quarter. Price T Rowe Associates Inc. MD increased its stake in Camden National during the fourth-quarter by 15.8%. Price T Rowe Associates Inc. MD owns 11,212 of the financial services provider’s stock, valued at $467,000. This is after purchasing an additional 1,533 share in the fourth quarter. In a transaction on May 11th, 3,397 Camden National shares were purchased. Stock was bought at a cost of $29.34 on average per share with a value of $96,667.98. After the purchase, the director owns 25,555 company shares valued at $749.783.70. Insiders hold 3.14% the stock of their company.
Camden National Trading down 0.3 %
During the midday session on Monday, the price of a share fell by $0.10 to $32.41 42,995 of the company's shares were traded, compared with its average trading volume of 483,77. Camden National Co.'s 1 year low is $28.23, and its 1 year high is $49.10. The market capitalization is $472.96 millions, with a P/E ratio of 8.40. It also has a beta value of 0.74. The company's quick ratio is 0.79, its current ratio is 0.79 and it has a debt to equity ratio of 0.1. The company has a moving average for 50 days of $31.93 as well as a moving average for two hundred days of $37.74.
Camden National Announces Dividend
A quarterly dividend was also paid by the firm on Friday, 28th April. Investors who had their records on Friday, 14th April were paid $0.42. This is a $1.68 dividend with a yield 5.18%. This dividend became payable on Thursday, April 13, 2019. Camden National has a dividend payout ratio of 42.97%.
Wall Street analysts weigh in
CAC was the subject of many analyst reports. In a report published on Thursday 18th May, Camden National was first covered. They gave the company a rating of'sell.'
Camden National Profile
Camden National Corp., a bank holding, provides financial services for individuals and businesses through its subsidiary Camden National Bank. The company was established in 1984, and its headquarters are in Camden.
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