Camden National Corp (NASDAQ:CAC) Institutional Investor Sentiment Analysis

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Sentiment for Camden National Corp (NASDAQ:CAC)

Camden National Corp (NASDAQ:CAC) institutional sentiment decreased to 0.94 in Q4 2018. Its down -0.14, from 1.08 in 2018Q3. The ratio dived, as 44 investment managers opened new and increased holdings, while 47 sold and decreased positions in Camden National Corp. The investment managers in our partner’s database now possess: 10.14 million shares, up from 9.80 million shares in 2018Q3. Also, the number of investment managers holding Camden National Corp in their top 10 holdings was flat from 1 to 1 for the same number . Sold All: 9 Reduced: 38 Increased: 30 New Position: 14.

Camden National Corporation operates as the holding firm for Camden National Bank that provides commercial and consumer banking services and products to consumer, institutional, municipal, non-profit, and commercial customers. The company has market cap of $719.06 million. It offers various deposit products, including demand, interest checking, saving, and money market accounts. It has a 13.28 P/E ratio. The firm also originates single family and multi-family residential loans, commercial real estate loans, business loans, municipal loans, and various consumer loans, as well as loans for the construction of residential homes, multi-family properties, and commercial real estate properties.

The stock increased 0.59% or $0.27 during the last trading session, reaching $46.21. About 4,744 shares traded. Camden National Corporation (NASDAQ:CAC) has risen 6.39% since May 8, 2018 and is uptrending. It has outperformed by 2.02% the S&P500.

Analysts await Camden National Corporation (NASDAQ:CAC) to report earnings on July, 30. They expect $0.92 earnings per share, up 17.95 % or $0.14 from last year’s $0.78 per share. CAC’s profit will be $14.32M for 12.56 P/E if the $0.92 EPS becomes a reality. After $0.92 actual earnings per share reported by Camden National Corporation for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.

Minerva Advisors Llc holds 3.67% of its portfolio in Camden National Corporation for 159,658 shares. Kimelman & Baird Llc owns 212,011 shares or 1.19% of their US portfolio. Moreover, Walthausen & Co. Llc has 0.77% invested in the company for 155,091 shares. The New York-based Basswood Capital Management L.L.C. has invested 0.69% in the stock. Clean Yield Group, a Vermont-based fund reported 39,607 shares.

Since January 1, 0001, it had 5 buys, and 2 insider sales for $94,462 activity.

More notable recent Camden National Corporation (NASDAQ:CAC) news were published by: Nasdaq.com which released: “Nicox to Present at Upcoming Pharmaceutical Industry and Financial Events – Nasdaq” on April 29, 2019, also Nasdaq.com with their article: “Mid-Day Market Update: Global Brass and Copper Gains Following Merger Deal With Wieland-Werke; Helius Medical Technologies Shares Slide – Nasdaq” published on April 10, 2019, Nasdaq.com published: “Weekly Wrap – The Pound Stole the Show at the Expense of the Dollar – Nasdaq” on May 03, 2019. More interesting news about Camden National Corporation (NASDAQ:CAC) were released by: Nasdaq.com and their article: “Asian shares off 5-week low, remain fragile amid U.S.-China trade tensions – Nasdaq” published on May 07, 2019 as well as Nasdaq.com‘s news article titled: “Nicox Presents First Data on Promising New Class of Nitric Oxide (NO)-Donating Compounds for Glaucoma at the ARVO 2019 Annual Meeting – Nasdaq” with publication date: May 03, 2019.

Camden National Corporation (NASDAQ:CAC) Institutional Positions Chart

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