Beneficial Bancorp, Inc. (NASDAQ:BNCL) EVP Pam Cyr sold 4,000 shares of the firm’s stock in a transaction dated Wednesday, November 29th. The shares were sold at an average price of $17.15, for a total transaction of $68,600.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Pam Cyr also recently made the following trade(s):

  • On Wednesday, October 25th, Pam Cyr sold 3,277 shares of Beneficial Bancorp stock. The shares were sold at an average price of $17.06, for a total transaction of $55,905.62.

Shares of Beneficial Bancorp, Inc. (BNCL) traded up $0.60 during trading hours on Thursday, hitting $17.40. 211,400 shares of the stock traded hands, compared to its average volume of 215,323. Beneficial Bancorp, Inc. has a 12 month low of $14.30 and a 12 month high of $19.00. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.07 and a current ratio of 1.07. The firm has a market cap of $1,275.70, a PE ratio of 35.74 and a beta of 0.54.

Beneficial Bancorp (NASDAQ:BNCL) last issued its quarterly earnings results on Friday, October 20th. The bank reported $0.13 EPS for the quarter, topping the consensus estimate of $0.12 by $0.01. Beneficial Bancorp had a net margin of 15.74% and a return on equity of 3.39%. The company had revenue of $49.50 million during the quarter, compared to analysts’ expectations of $45.62 million. During the same quarter in the previous year, the company earned $0.14 EPS.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 9th. Investors of record on Monday, October 30th were paid a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 1.38%. The ex-dividend date of this dividend was Friday, October 27th. Beneficial Bancorp’s payout ratio is 51.06%.

A number of institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its stake in Beneficial Bancorp by 0.5% during the 2nd quarter. Vanguard Group Inc. now owns 6,284,853 shares of the bank’s stock worth $94,273,000 after acquiring an additional 31,477 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in Beneficial Bancorp by 2.4% during the 3rd quarter. Dimensional Fund Advisors LP now owns 5,012,283 shares of the bank’s stock worth $83,204,000 after acquiring an additional 117,759 shares during the last quarter. Renaissance Technologies LLC boosted its stake in Beneficial Bancorp by 3.2% during the 2nd quarter. Renaissance Technologies LLC now owns 3,820,870 shares of the bank’s stock worth $57,313,000 after acquiring an additional 119,300 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Beneficial Bancorp by 12.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,756,263 shares of the bank’s stock worth $45,892,000 after acquiring an additional 294,370 shares during the last quarter. Finally, State Street Corp boosted its stake in Beneficial Bancorp by 6.2% during the 2nd quarter. State Street Corp now owns 1,486,773 shares of the bank’s stock worth $22,307,000 after acquiring an additional 87,404 shares during the last quarter. 69.37% of the stock is currently owned by institutional investors and hedge funds.

Separately, Keefe, Bruyette & Woods reiterated a “hold” rating and set a $17.00 price target on shares of Beneficial Bancorp in a research report on Friday, October 20th.

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Beneficial Bancorp Company Profile

Beneficial Mutual Bancorp, Inc is a savings and loan holding company. The Company’s business activities are the ownership of Beneficial Bank (the Bank). The Bank has also operated under the name Beneficial Mutual Savings Bank. The Bank is a Pennsylvania chartered savings bank. It attracts deposits from the general public and uses those funds to originate a variety of loans, including commercial real estate loans, consumer loans, home equity loans, one- to four-family real estate loans, commercial business loans and construction loans.

Insider Buying and Selling by Quarter for Beneficial Bancorp (NASDAQ:BNCL)

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