The stock of Codorus Valley Bancorp, Inc. (NASDAQ:CVLY) hit a new 52-week high and has $25.20 target or 5.00% above today’s $24.00 share price. The 6 months bullish chart indicates low risk for the $201.06 million company. The 1-year high was reported on Dec, 1 by Barchart.com. If the $25.20 price target is reached, the company will be worth $10.05M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. The stock last traded at $24 per share. It is up 15.05% since April 28, 2016 and is uptrending. It has outperformed by 9.13% the S&P500.
Analysts await Codorus Valley Bancorp, Inc. (NASDAQ:CVLY) to report earnings on January, 27.
According to Zacks Investment Research, “CODORUS VALLEY BANCORP, INC. is a bank holding company engaged in general banking business.”
Insitutional Activity: The institutional sentiment increased to 1.79 in 2016 Q2. Its up 0.07, from 1.72 in 2016Q1. The ratio improved, as 7 funds sold all Codorus Valley Bancorp, Inc. shares owned while 11 reduced positions. 18 funds bought stakes while 13 increased positions. They now own 3.77 million shares or 9.39% more from 3.45 million shares in 2016Q1.
Morgan Stanley last reported 0% of its portfolio in the stock. Emerald Advisers Pa holds 0.09% or 90,779 shares in its portfolio. The New York-based Ny State Common Retirement Fund has invested 0% in Codorus Valley Bancorp, Inc. (NASDAQ:CVLY). Bancorporation Of New York Mellon Corp accumulated 0% or 15,289 shares. The New York-based Tiaa Cref Investment Mgmt has invested 0% in Codorus Valley Bancorp, Inc. (NASDAQ:CVLY). Blackrock Advsrs Ltd Llc has 2,136 shares for 0% of their US portfolio. Fj Mgmt Ltd Co reported 129,000 shares or 0.52% of all its holdings. Pnc Fincl Svcs Grp has invested 0% of its portfolio in Codorus Valley Bancorp, Inc. (NASDAQ:CVLY). Geode Capital Mgmt Ltd Co holds 0% of its portfolio in Codorus Valley Bancorp, Inc. (NASDAQ:CVLY) for 38,006 shares. The New Jersey-based Blackrock Investment Mngmt Ltd Liability Company has invested 0% in Codorus Valley Bancorp, Inc. (NASDAQ:CVLY). Ladenburg Thalmann Fin holds 3,465 shares or 0% of its portfolio. Northern has invested 0% of its portfolio in Codorus Valley Bancorp, Inc. (NASDAQ:CVLY). State Street Corp owns 69,071 shares or 0% of their US portfolio. Tower Rech Capital Limited Liability Company (Trc) last reported 0% of its portfolio in the stock. M&T Savings Bank Corp has 21,688 shares for 0% of their US portfolio.
Insider Transactions: Since June 15, 2016, the stock had 1 buying transaction, and 5 sales for $152,750 net activity. $24,539 worth of shares were sold by ANDERSON D REED ESQ on Monday, November 28. Another trade for 3,148 shares valued at $66,875 was made by WEAVER SCOTT T on Wednesday, July 27. $99,940 worth of Codorus Valley Bancorp, Inc. (NASDAQ:CVLY) was bought by Brunner Brian D. 300 shares with value of $6,048 were sold by SWIFT HARRY R ESQ on Thursday, November 3.
More important recent Codorus Valley Bancorp, Inc. (NASDAQ:CVLY) news were published by: Prnewswire.com which released: “Codorus Valley Bancorp, Inc. Reports Third Quarter 2016 Earnings” on October 19, 2016, also Nasdaq.com published article titled: “Codorus Valley Bancorp, Inc (CVLY) Ex-Dividend Date Scheduled for October 21, 2016”, Prnewswire.com published: “Codorus Valley Bancorp, Inc. Announces Board Retirement and Appointments” on August 11, 2015. More interesting news about Codorus Valley Bancorp, Inc. (NASDAQ:CVLY) was released by: Prnewswire.com and their article: “Codorus Valley Completes Acquisition of Madison Bancorp And Declares Quarterly …” with publication date: January 16, 2015.
CVLY Company Profile
Codorus Valley Bancorp, Inc., incorporated on October 7, 1986, is a bank holding company. The Firm provides a range of banking services through its subsidiary, PeoplesBank, A Codorus Valley Company (PeoplesBank). The Firm operates through the community banking segment. PeoplesBank is a chartered bank that offers a range of business and consumer banking services. PeoplesBank provides personal banking, mortgage banking, wealth management and real estate settlement services. PeoplesBank operates approximately 20 financial centers located in York and Cumberland Counties in Pennsylvania, and in Baltimore, Harford and Carroll Counties, and Baltimore City in Maryland.
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