Seidman Lawrence B Buys Sterling Bancorp, Pioneer Bancorp Inc, HarborOne Bancorp Inc, Sells CBM Bancorp Inc, Old Point Financial Corp

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May 28, 2020
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Parsippany, NJ, based Investment company Seidman Lawrence B (Current Portfolio) buys Sterling Bancorp, Pioneer Bancorp Inc, HarborOne Bancorp Inc, Richmond Mutual Bancorp Inc, ConnectOne Bancorp Inc, sells CBM Bancorp Inc, Old Point Financial Corp during the 3-months ended 2020Q1, according to the most recent filings of the investment company, Seidman Lawrence B. As of 2020Q1, Seidman Lawrence B owns 28 stocks with a total value of $82 million. These are the details of the buys and sells.

For the details of SEIDMAN LAWRENCE B's stock buys and sells, go to https://www.gurufocus.com/guru/seidman+lawrence+b/current-portfolio/portfolio

These are the top 5 holdings of SEIDMAN LAWRENCE B
  1. Prudential Bancorp Inc (PBIP) - 788,298 shares, 14.25% of the total portfolio.
  2. Bankwell Financial Group Inc (BWFG) - 700,773 shares, 13.06% of the total portfolio.
  3. Malvern Bancorp Inc (MLVF) - 705,782 shares, 10.56% of the total portfolio.
  4. Columbia Financial Inc (CLBK) - 542,700 shares, 9.55% of the total portfolio.
  5. MSB Financial Corp (MSBF) - 578,220 shares, 8.64% of the total portfolio.
New Purchase: Sterling Bancorp (STL)

Seidman Lawrence B initiated holding in Sterling Bancorp. The purchase prices were between $7.48 and $21.19, with an estimated average price of $17.41. The stock is now traded at around $12.85. The impact to a portfolio due to this purchase was 3.95%. The holding were 309,264 shares as of .

New Purchase: Pioneer Bancorp Inc (PBFS)

Seidman Lawrence B 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 $9.57. The impact to a portfolio due to this purchase was 3.08%. The holding were 243,030 shares as of .

New Purchase: HarborOne Bancorp Inc (HONE)

Seidman Lawrence B initiated holding in HarborOne Bancorp Inc. 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 $8.16. The impact to a portfolio due to this purchase was 3.02%. The holding were 328,839 shares as of .

New Purchase: Richmond Mutual Bancorp Inc (RMBI)

Seidman Lawrence B initiated holding in Richmond Mutual Bancorp Inc. The purchase prices were between $9.3 and $15.96, with an estimated average price of $13.8. The stock is now traded at around $11.49. The impact to a portfolio due to this purchase was 2.85%. The holding were 229,159 shares as of .

New Purchase: ConnectOne Bancorp Inc (CNOB)

Seidman Lawrence B initiated holding in ConnectOne Bancorp Inc. The purchase prices were between $9.59 and $25.96, with an estimated average price of $21.25. The stock is now traded at around $15.03. The impact to a portfolio due to this purchase was 2.12%. The holding were 129,334 shares as of .

New Purchase: Provident Bancorp Inc (PVBC)

Seidman Lawrence B initiated holding in Provident Bancorp Inc. 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 $9.22. The impact to a portfolio due to this purchase was 2.1%. The holding were 199,138 shares as of .

Added: Peapack Gladstone Financial Corp (PGC)

Seidman Lawrence B added to a holding in Peapack Gladstone Financial Corp by 149.86%. The purchase prices were between $12.7 and $31.45, with an estimated average price of $26.67. The stock is now traded at around $19.00. The impact to a portfolio due to this purchase was 1.64%. The holding were 124,931 shares as of .

Added: PB Bancorp Inc (PBBI)

Seidman Lawrence B added to a holding in PB Bancorp Inc by 28.72%. The purchase prices were between $13.18 and $15.21, with an estimated average price of $14.97. The stock is now traded at around $15.25. The impact to a portfolio due to this purchase was 0.64%. The holding were 157,005 shares as of .

Sold Out: Old Point Financial Corp (OPOF)

Seidman Lawrence B sold out a holding in Old Point Financial Corp. The sale prices were between $11.76 and $28.5, with an estimated average price of $24.51.

Reduced: CBM Bancorp Inc (CBMB)

Seidman Lawrence B reduced to a holding in CBM Bancorp Inc by 75%. The sale prices were between $10.65 and $14.39, with an estimated average price of $13.61. The stock is now traded at around $11.91. The impact to a portfolio due to this sale was -1.06%. Seidman Lawrence B still held 25,000 shares as of .



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