Salisbury Bancorp, Inc. (SAL) Director Holly J. Nelson Sells 900 Shares

Salisbury Bancorp, Inc. (NASDAQ:SAL) Director Holly J. Nelson sold 900 shares of the business’s stock in a transaction that occurred on Tuesday, February 6th. The shares were sold at an average price of $49.18, for a total value of $44,262.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Shares of Salisbury Bancorp, Inc. (SAL) traded down $1.90 during trading hours on Wednesday, hitting $47.50. The stock had a trading volume of 2,822 shares, compared to its average volume of 3,025. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.99 and a quick ratio of 0.99. Salisbury Bancorp, Inc. has a one year low of $37.30 and a one year high of $51.80. The firm has a market capitalization of $125.78, a price-to-earnings ratio of 21.30 and a beta of 0.61.

Salisbury Bancorp (NASDAQ:SAL) last issued its earnings results on Friday, January 26th. The bank reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates of $0.65 by $0.21. Salisbury Bancorp had a return on equity of 7.82% and a net margin of 14.13%. The company had revenue of $10.21 million for the quarter, compared to analyst estimates of $10.20 million. research analysts anticipate that Salisbury Bancorp, Inc. will post 3.08 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, February 23rd. Stockholders of record on Friday, February 9th will be given a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.36%. The ex-dividend date is Thursday, February 8th. Salisbury Bancorp’s payout ratio is 50.22%.

Large investors have recently modified their holdings of the company. Shufro Rose & Co. LLC acquired a new position in shares of Salisbury Bancorp during the third quarter worth approximately $209,000. Dimensional Fund Advisors LP raised its position in shares of Salisbury Bancorp by 1.9% during the second quarter. Dimensional Fund Advisors LP now owns 25,711 shares of the bank’s stock worth $1,066,000 after purchasing an additional 490 shares during the period. Finally, ZPR Investment Management bought a new stake in Salisbury Bancorp during the second quarter worth $203,000. 9.83% of the stock is currently owned by institutional investors.

SAL has been the topic of a number of research reports. Zacks Investment Research raised Salisbury Bancorp from a “sell” rating to a “hold” rating in a research report on Saturday, December 2nd. ValuEngine lowered Salisbury Bancorp from a “buy” rating to a “hold” rating in a research report on Friday, December 15th.

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About Salisbury Bancorp

Salisbury Bancorp, Inc is a bank holding company for Salisbury Bank and Trust Company (the Bank). The Bank is a Connecticut-chartered and Federal Deposit Insurance Corporation (the FDIC) insured commercial bank. The Bank provides commercial banking, consumer financing, retail banking and trust and wealth advisory services through a network of over 10 banking offices and approximately nine automated teller machines (ATMs).

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