Evans Bancorp Inc (NYSEMKT:EVBN) Sentiment Crashes in Q3 2018

Sentiment for Evans Bancorp Inc (NYSEMKT:EVBN)

Evans Bancorp Inc (NYSEMKT:EVBN) institutional sentiment decreased to 1.6 in 2018 Q3. Its down -0.47, from 2.07 in 2018Q2. The ratio has worsened, as 24 hedge funds increased and started new holdings, while 15 decreased and sold stakes in Evans Bancorp Inc. The hedge funds in our partner’s database now possess: 2.66 million shares, up from 2.63 million shares in 2018Q2. Also, the number of hedge funds holding Evans Bancorp Inc in their top 10 holdings was flat from 1 to 1 for the same number . Sold All: 4 Reduced: 11 Increased: 20 New Position: 4.

Evans Bancorp, Inc. operates as the financial holding firm for Evans Bank, N.A. that provides a range of banking services and products to consumer and commercial clients in Western New York. The company has market cap of $161.80 million. It operates through two divisions, Banking Activities and Insurance Agency Activities. It has a 12.93 P/E ratio. The firm offers deposit products, which include checking and NOW accounts, savings accounts, and certificates of deposit.

The stock increased 1.01% or $0.34 during the last trading session, reaching $33.84. About 1,547 shares traded. Evans Bancorp, Inc. (NYSEMKT:EVBN) has declined 15.75% since January 14, 2018 and is downtrending. It has underperformed by 15.75% the S&P500.

Jcsd Capital Llc holds 4.47% of its portfolio in Evans Bancorp, Inc. for 149,440 shares. Fj Capital Management Llc owns 256,000 shares or 1.34% of their US portfolio. Moreover, Maltese Capital Management Llc has 0.8% invested in the company for 246,748 shares. The New York-based Mendon Capital Advisors Corp has invested 0.38% in the stock. Rmb Capital Management Llc, a Illinois-based fund reported 331,553 shares.

Since January 1, 0001, it had 8 buys, and 4 selling transactions for $3,061 activity.

More notable recent Evans Bancorp, Inc. (NYSEAMERICAN:EVBN) news were published by: Businesswire.com which released: “Evans Bancorp, Inc. Names Lee C. Wortham as Board Chairman and Oliver H. Sommer as Vice Chairman – Business Wire” on February 21, 2018, also Businesswire.com with their article: “Robert Miller, President of The Evans Agency, LLC, Announces Plan for Retirement Effective March 29, 2019 – Business Wire” published on November 13, 2018, Businesswire.com published: “Evans Bancorp Announces Retirement of Chairman John R. O’Brien – Business Wire” on January 25, 2018. More interesting news about Evans Bancorp, Inc. (NYSEAMERICAN:EVBN) were released by: Businesswire.com and their article: “Kimberley A. Minkel and Christina P. Orsi Nominated to Serve on Evans Bancorp, Inc. Board of Directors – Business Wire” published on March 22, 2018 as well as Businesswire.com‘s news article titled: “The Evans Agency Acquires the Business of Richardson & Stout Insurance – Business Wire” with publication date: May 15, 2018.

Evans Bancorp, Inc. (NYSEAMERICAN:EVBN) Institutional Positions Chart

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