Fourthstone LLC Buys Old Point Financial Corp, Select Bancorp Inc, The Community Financial Corp, Sells Independent Bank Group Inc, First United Corp, Investar Holding Corp

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Apr 22, 2020
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Investment company Fourthstone LLC (Current Portfolio) buys Old Point Financial Corp, Select Bancorp Inc, The Community Financial Corp, Reliant Bancorp Inc, Community Bankers Trust Corp, sells Independent Bank Group Inc, First United Corp, Investar Holding Corp, Landmark Bancorp Inc, Citigroup Inc during the 3-months ended 2020Q1, according to the most recent filings of the investment company, Fourthstone LLC. As of 2020Q1, Fourthstone LLC owns 54 stocks with a total value of $110 million. These are the details of the buys and sells.

For the details of Fourthstone LLC's stock buys and sells, go to https://www.gurufocus.com/guru/fourthstone+llc/current-portfolio/portfolio

These are the top 5 holdings of Fourthstone LLC
  1. Shore Bancshares Inc (SHBI) - 1,242,224 shares, 12.52% of the total portfolio. Shares added by 15.53%
  2. The Community Financial Corp (TCFC) - 444,381 shares, 9.09% of the total portfolio. Shares added by 35.46%
  3. HMN Financial Inc (HMNF) - 449,693 shares, 7.36% of the total portfolio. Shares reduced by 4.04%
  4. Citizens Community Bancorp Inc (CZWI) - 1,061,024 shares, 6.33% of the total portfolio. Shares added by 27.02%
  5. Colony Bankcorp Inc (CBAN) - 518,597 shares, 5.95% of the total portfolio. Shares added by 9.61%
New Purchase: Old Point Financial Corp (OPOF)

Fourthstone LLC initiated holding in Old Point Financial Corp. The purchase prices were between $11.76 and $28.5, with an estimated average price of $24.51. The stock is now traded at around $15.75. The impact to a portfolio due to this purchase was 3.31%. The holding were 240,472 shares as of .

New Purchase: Select Bancorp Inc (SLCT)

Fourthstone LLC initiated holding in Select Bancorp Inc. The purchase prices were between $6.96 and $12.34, with an estimated average price of $10.59. The stock is now traded at around $7.06. The impact to a portfolio due to this purchase was 2.54%. The holding were 366,112 shares as of .

New Purchase: Reliant Bancorp Inc (RBNC)

Fourthstone LLC initiated holding in Reliant Bancorp Inc. The purchase prices were between $10.37 and $22.76, with an estimated average price of $19.34. The stock is now traded at around $10.76. The impact to a portfolio due to this purchase was 2.13%. The holding were 208,116 shares as of .

New Purchase: Community Bankers Trust Corp (ESXB)

Fourthstone LLC initiated holding in Community Bankers Trust Corp. The purchase prices were between $4.33 and $9.57, with an estimated average price of $8. The stock is now traded at around $4.75. The impact to a portfolio due to this purchase was 1.6%. The holding were 362,982 shares as of .

New Purchase: Regions Financial Corp (RF)

Fourthstone LLC initiated holding in Regions Financial Corp. The purchase prices were between $7.36 and $17.16, with an estimated average price of $14.13. The stock is now traded at around $9.09. The impact to a portfolio due to this purchase was 1.35%. The holding were 165,157 shares as of .

New Purchase: KeyCorp (KEY)

Fourthstone LLC initiated holding in KeyCorp. The purchase prices were between $8.16 and $20.26, with an estimated average price of $16.79. The stock is now traded at around $10.23. The impact to a portfolio due to this purchase was 1.33%. The holding were 141,547 shares as of .

Added: The Community Financial Corp (TCFC)

Fourthstone LLC added to a holding in The Community Financial Corp by 35.46%. The purchase prices were between $18.39 and $35.57, with an estimated average price of $30.68. The stock is now traded at around $19.74. The impact to a portfolio due to this purchase was 2.38%. The holding were 444,381 shares as of .

Added: Codorus Valley Bancorp Inc (CVLY)

Fourthstone LLC added to a holding in Codorus Valley Bancorp Inc by 41.94%. The purchase prices were between $14.15 and $23.03, with an estimated average price of $20.47. The stock is now traded at around $12.45. The impact to a portfolio due to this purchase was 1.41%. The holding were 321,716 shares as of .

Added: Citizens Community Bancorp Inc (CZWI)

Fourthstone LLC added to a holding in Citizens Community Bancorp Inc by 27.02%. The purchase prices were between $5.57 and $12.29, with an estimated average price of $10.77. The stock is now traded at around $6.27. The impact to a portfolio due to this purchase was 1.35%. The holding were 1,061,024 shares as of .

Added: Pacific Mercantile Bancorp (PMBC)

Fourthstone LLC added to a holding in Pacific Mercantile Bancorp by 409.47%. The purchase prices were between $4.11 and $8.12, with an estimated average price of $6.51. The stock is now traded at around $3.52. The impact to a portfolio due to this purchase was 1.23%. The holding were 356,627 shares as of .

Added: Plumas Bancorp (PLBC)

Fourthstone LLC added to a holding in Plumas Bancorp by 90.71%. The purchase prices were between $15 and $28.44, with an estimated average price of $24.29. The stock is now traded at around $17.48. The impact to a portfolio due to this purchase was 1.21%. The holding were 150,872 shares as of .

Added: Severn Bancorp Inc (SVBI)

Fourthstone LLC added to a holding in Severn Bancorp Inc by 65.17%. The purchase prices were between $4.41 and $9.31, with an estimated average price of $7.92. The stock is now traded at around $5.14. The impact to a portfolio due to this purchase was 1.18%. The holding were 514,777 shares as of .

Sold Out: Independent Bank Group Inc (IBTX)

Fourthstone LLC sold out a holding in Independent Bank Group Inc. The sale prices were between $20.7 and $56.66, with an estimated average price of $46.35.

Sold Out: First United Corp (FUNC)

Fourthstone LLC sold out a holding in First United Corp. The sale prices were between $11.52 and $24.38, with an estimated average price of $21.23.

Sold Out: Citigroup Inc (C)

Fourthstone LLC sold out a holding in Citigroup Inc. The sale prices were between $35.39 and $81.91, with an estimated average price of $67.72.

Sold Out: Sterling Bancorp (STL)

Fourthstone LLC sold out a holding in Sterling Bancorp. The sale prices were between $7.48 and $21.19, with an estimated average price of $17.41.

Sold Out: Riverview Financial Corp (RIVE)

Fourthstone LLC sold out a holding in Riverview Financial Corp. The sale prices were between $5.25 and $13.6, with an estimated average price of $11.08.

Sold Out: Oak Valley Bancorp (OVLY)

Fourthstone LLC sold out a holding in Oak Valley Bancorp. The sale prices were between $11.03 and $19.46, with an estimated average price of $17.17.



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