Ameriserv Financial Inc (NASDAQ:ASRV) Institutional Investors Sentiment Increased in 2018 Q3

Sentiment for Ameriserv Financial Inc (NASDAQ:ASRV)

Ameriserv Financial Inc (NASDAQ:ASRV) institutional sentiment increased to 2.43 in Q3 2018. Its up 1.53, from 0.9 in 2018Q2. The ratio is positive, as 17 funds increased or started new equity positions, while 7 reduced and sold stock positions in Ameriserv Financial Inc. The funds in our partner’s database now hold: 5.32 million shares, up from 5.07 million shares in 2018Q2. Also, the number of funds holding Ameriserv Financial Inc in their top 10 equity positions was flat from 1 to 1 for the same number . Sold All: 0 Reduced: 7 Increased: 12 New Position: 5.

AmeriServ Financial, Inc. operates as a bank holding firm for the AmeriServ Financial Bank that provides various consumer, mortgage, and commercial financial products. The company has market cap of $72.30 million. It offers retail banking services, such as demand, savings, and time deposits; checking and money market accounts; secured and unsecured consumer loans, and mortgage loans; safe deposit boxes, holiday club accounts, money orders, and travelerÂ’s checks. It has a 15.26 P/E ratio. The firm also provides lending, depository, and related financial services, such as commercial real estate mortgage loans, short and medium-term loans, revolving credit arrangements, lines of credit, inventory and accounts receivable financing, real estate-construction loans, business savings accounts, certificates of deposit, wire transfers, night depository, and lock box services to commercial, industrial, financial, and governmental customers.

The stock decreased 0.64% or $0.0264 during the last trading session, reaching $4.074. About 3,625 shares traded. AmeriServ Financial, Inc. (NASDAQ:ASRV) has declined 3.53% since January 14, 2018 and is downtrending. It has underperformed by 3.53% the S&P500.

West Chester Capital Advisors Inc holds 2.32% of its portfolio in AmeriServ Financial, Inc. for 431,274 shares. Oppenheimer & Close Llc owns 110,040 shares or 0.47% of their US portfolio. Moreover, Lesa Sroufe & Co has 0.32% invested in the company for 100,000 shares. The Pennsylvania-based Minerva Advisors Llc has invested 0.28% in the stock. Gendell Jeffrey L, a Connecticut-based fund reported 420,488 shares.

Since January 1, 0001, it had 7 buys, and 0 selling transactions for $24,317 activity.

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