M3F, Inc. Buys Citizens Financial Group Inc, Republic First Bancorp Inc, Zions Bancorp NA, Sells Franklin Financial Services Corp, First Community Corp, Oconee Federal Financial Corp

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May 15, 2020
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Salt Lake City, UT, based Investment company M3F, Inc. (Current Portfolio) buys Citizens Financial Group Inc, Republic First Bancorp Inc, Zions Bancorp NA, Hilltop Holdings Inc, HarborOne Bancorp Inc, sells Franklin Financial Services Corp, First Community Corp, Oconee Federal Financial Corp, First United Corp during the 3-months ended 2020Q1, according to the most recent filings of the investment company, M3F, Inc.. As of 2020Q1, M3F, Inc. owns 44 stocks with a total value of $137 million. These are the details of the buys and sells.

For the details of M3F, Inc.'s stock buys and sells, go to https://www.gurufocus.com/guru/m3f%2C+inc./current-portfolio/portfolio

These are the top 5 holdings of M3F, Inc.
  1. Citizens Financial Group Inc (CFG) - 562,000 shares, 7.71% of the total portfolio. Shares added by 319.40%
  2. Hilltop Holdings Inc (HTH) - 632,205 shares, 6.97% of the total portfolio. Shares added by 117.17%
  3. Alerus Financial Corp (ALRS) - 484,775 shares, 5.84% of the total portfolio. Shares added by 31.25%
  4. Republic First Bancorp Inc (FRBK) - 3,292,758 shares, 5.26% of the total portfolio. Shares added by 5207.48%
  5. HarborOne Bancorp Inc (HONE) - 907,931 shares, 4.98% of the total portfolio. Shares added by 260.53%
New Purchase: Zions Bancorp NA (ZION)

M3F, Inc. initiated holding in Zions Bancorp NA. The purchase prices were between $24.08 and $52.44, with an estimated average price of $41.58. The stock is now traded at around $27.54. The impact to a portfolio due to this purchase was 4.58%. The holding were 235,000 shares as of .

New Purchase: UMB Financial Corp (UMBF)

M3F, Inc. initiated holding in UMB Financial Corp. The purchase prices were between $42.5 and $69.79, with an estimated average price of $61.18. The stock is now traded at around $43.98. The impact to a portfolio due to this purchase was 2.7%. The holding were 79,747 shares as of .

New Purchase: Pioneer Bancorp Inc (PBFS)

M3F, Inc. initiated holding in Pioneer Bancorp Inc. The purchase prices were between $9.8 and $15.31, with an estimated average price of $13.67. The stock is now traded at around $8.67. The impact to a portfolio due to this purchase was 2.47%. The holding were 326,358 shares as of .

New Purchase: Bank of Commerce Holdings Inc (BOCH)

M3F, Inc. initiated holding in Bank of Commerce Holdings Inc. The purchase prices were between $6.15 and $11.65, with an estimated average price of $10.18. The stock is now traded at around $6.76. The impact to a portfolio due to this purchase was 1.79%. The holding were 312,052 shares as of .

New Purchase: PCSB Financial Corp (PCSB)

M3F, Inc. initiated holding in PCSB Financial Corp. The purchase prices were between $11.75 and $20.29, with an estimated average price of $18.11. The stock is now traded at around $11.85. The impact to a portfolio due to this purchase was 1.43%. The holding were 140,271 shares as of .

New Purchase: Chemung Financial Corp (CHMG)

M3F, Inc. initiated holding in Chemung Financial Corp. The purchase prices were between $23.27 and $42.5, with an estimated average price of $36.46. The stock is now traded at around $24.39. The impact to a portfolio due to this purchase was 1.21%. The holding were 50,255 shares as of .

Added: Citizens Financial Group Inc (CFG)

M3F, Inc. added to a holding in Citizens Financial Group Inc by 319.40%. The purchase prices were between $15.32 and $40.87, with an estimated average price of $32.97. The stock is now traded at around $20.15. The impact to a portfolio due to this purchase was 5.87%. The holding were 562,000 shares as of .

Added: Republic First Bancorp Inc (FRBK)

M3F, Inc. added to a holding in Republic First Bancorp Inc by 5207.48%. The purchase prices were between $1.98 and $4.18, with an estimated average price of $3.19. The stock is now traded at around $2.12. The impact to a portfolio due to this purchase was 5.16%. The holding were 3,292,758 shares as of .

Added: Hilltop Holdings Inc (HTH)

M3F, Inc. added to a holding in Hilltop Holdings Inc by 117.17%. The purchase prices were between $11.83 and $25.15, with an estimated average price of $21.3. The stock is now traded at around $13.98. The impact to a portfolio due to this purchase was 3.76%. The holding were 632,205 shares as of .

Added: HarborOne Bancorp Inc (HONE)

M3F, Inc. added to a holding in HarborOne Bancorp Inc by 260.53%. The purchase prices were between $6.56 and $11.12, with an estimated average price of $10.07. The stock is now traded at around $7.42. The impact to a portfolio due to this purchase was 3.6%. The holding were 907,931 shares as of .

Added: Alerus Financial Corp (ALRS)

M3F, Inc. added to a holding in Alerus Financial Corp by 31.25%. The purchase prices were between $15.33 and $22.85, with an estimated average price of $20.1. The stock is now traded at around $16.61. The impact to a portfolio due to this purchase was 1.39%. The holding were 484,775 shares as of .

Added: Provident Bancorp Inc (PVBC)

M3F, Inc. added to a holding in Provident Bancorp Inc by 40.59%. The purchase prices were between $7.96 and $12.52, with an estimated average price of $11.11. The stock is now traded at around $7.98. The impact to a portfolio due to this purchase was 1.2%. The holding were 658,517 shares as of .



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