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

Codorus Valley Bancorp, Inc. (NASDAQ:CVLY) Director John W. Giambalvo bought 1,754 shares of the business’s stock in a transaction that occurred on Thursday, February 1st. The shares were acquired at an average price of $28.50 per share, with a total value of $49,989.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Codorus Valley Bancorp, Inc. (NASDAQ:CVLY) traded up $0.27 during trading hours on Monday, hitting $28.00. The company had a trading volume of 2,280 shares, compared to its average volume of 5,991. 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 12-month low of $23.96 and a 12-month high of $34.75. The stock has a market capitalization of $246.36, a PE ratio of 20.97 and a beta of 0.65.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 13th. Investors of record on Tuesday, January 23rd will be given a dividend of $0.155 per share. The ex-dividend date is Monday, January 22nd. This represents a $0.62 annualized dividend and a dividend yield of 2.21%. This is a boost from Codorus Valley Bancorp’s previous quarterly dividend of $0.14. Codorus Valley Bancorp’s dividend payout ratio (DPR) is currently 46.89%.

Several large investors have recently added to or reduced their stakes in CVLY. Cornerstone Capital Management Holdings LLC. grew its position in shares of Codorus Valley Bancorp by 201.4% during the second quarter. Cornerstone Capital Management Holdings LLC. now owns 3,891 shares of the financial services provider’s stock worth $110,000 after purchasing an additional 2,600 shares in the last quarter. Wells Fargo & Company MN grew its position in shares of Codorus Valley Bancorp by 19.5% during the second quarter. Wells Fargo & Company MN now owns 6,790 shares of the financial services provider’s stock worth $193,000 after purchasing an additional 1,108 shares in the last quarter. Stifel Financial Corp purchased a new position in Codorus Valley Bancorp during the 3rd quarter valued at approximately $201,000. Rhumbline Advisers grew its holdings in Codorus Valley Bancorp by 5.3% during the 2nd quarter. Rhumbline Advisers now owns 8,763 shares of the financial services provider’s stock valued at $249,000 after buying an additional 440 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. grew its holdings in Codorus Valley Bancorp by 20.6% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 13,166 shares of the financial services provider’s stock valued at $363,000 after buying an additional 2,246 shares in the last quarter. Hedge funds and other institutional investors own 50.05% of the company’s stock.

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Codorus Valley Bancorp Company Profile

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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