Salzhauer Michael Buys Cowen Inc, Truist Financial Corp, Atlantic Union Bankshares Corp, Sells JPMorgan Chase, Bank of America Corp, M&T Bank Corp

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May 05, 2020
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New York, NY, based Investment company Salzhauer Michael (Current Portfolio) buys Cowen Inc, Truist Financial Corp, Atlantic Union Bankshares Corp, WSFS Financial Corp, Acorda Therapeutics Inc, sells JPMorgan Chase, Bank of America Corp, M&T Bank Corp, Capital One Financial Corp, Truist Financial Corp during the 3-months ended 2020Q1, according to the most recent filings of the investment company, Salzhauer Michael. As of 2020Q1, Salzhauer Michael owns 107 stocks with a total value of $58 million. These are the details of the buys and sells.

For the details of SALZHAUER MICHAEL's stock buys and sells, go to https://www.gurufocus.com/guru/salzhauer+michael/current-portfolio/portfolio

These are the top 5 holdings of SALZHAUER MICHAEL
  1. Southern National Bancorp of Virginia Inc (SONA) - 598,856 shares, 10.12% of the total portfolio. Shares added by 4.51%
  2. Cowen Inc (COWN) - 399,396 shares, 6.53% of the total portfolio. New Position
  3. Franklin Financial Network Inc (FSB) - 111,768 shares, 3.91% of the total portfolio. Shares reduced by 23.73%
  4. Peapack Gladstone Financial Corp (PGC) - 112,893 shares, 3.48% of the total portfolio. Shares reduced by 20.84%
  5. Meridian Bancorp Inc (EBSB) - 180,122 shares, 3.47% of the total portfolio. Shares reduced by 13.95%
New Purchase: Cowen Inc (COWN)

Salzhauer Michael initiated holding in Cowen Inc. The purchase prices were between $6.35 and $17.52, with an estimated average price of $14.38. The stock is now traded at around $10.57. The impact to a portfolio due to this purchase was 6.53%. The holding were 399,396 shares as of .

New Purchase: Truist Financial Corp (TFC)

Salzhauer Michael initiated holding in Truist Financial Corp. The purchase prices were between $25.69 and $56.67, with an estimated average price of $47.68. The stock is now traded at around $35.25. The impact to a portfolio due to this purchase was 1.92%. The holding were 35,288 shares as of .

New Purchase: Acorda Therapeutics Inc (ACOR)

Salzhauer Michael initiated holding in Acorda Therapeutics Inc. The purchase prices were between $0.78 and $2.48, with an estimated average price of $1.66. The stock is now traded at around $0.94. The impact to a portfolio due to this purchase was 0.05%. The holding were 30,000 shares as of .

Added: Atlantic Union Bankshares Corp (AUB)

Salzhauer Michael added to a holding in Atlantic Union Bankshares Corp by 24.00%. The purchase prices were between $20.04 and $37.68, with an estimated average price of $31.24. The stock is now traded at around $22.04. The impact to a portfolio due to this purchase was 0.42%. The holding were 58,136 shares as of .

Added: WSFS Financial Corp (WSFS)

Salzhauer Michael added to a holding in WSFS Financial Corp by 40.19%. The purchase prices were between $19.49 and $44, with an estimated average price of $36.44. The stock is now traded at around $26.48. The impact to a portfolio due to this purchase was 0.28%. The holding were 22,977 shares as of .

Sold Out: Truist Financial Corp (BBK)

Salzhauer Michael sold out a holding in Truist Financial Corp. The sale prices were between $24.4 and $51, with an estimated average price of $43.17.

Sold Out: Hancock Whitney Corp (HWC)

Salzhauer Michael sold out a holding in Hancock Whitney Corp. The sale prices were between $15.4 and $44.1, with an estimated average price of $34.89.

Sold Out: The Hartford Financial Services Group Inc (HIG)

Salzhauer Michael sold out a holding in The Hartford Financial Services Group Inc. The sale prices were between $26.25 and $61.22, with an estimated average price of $52.48.

Sold Out: Newell Brands Inc (NWL)

Salzhauer Michael sold out a holding in Newell Brands Inc. The sale prices were between $10.55 and $20.53, with an estimated average price of $17.33.

Sold Out: Alcentra Capital Corp (ABDC)

Salzhauer Michael sold out a holding in Alcentra Capital Corp. The sale prices were between $8.9 and $9.48, with an estimated average price of $9.19.

Sold Out: Allstate Corp (ALL)

Salzhauer Michael sold out a holding in Allstate Corp. The sale prices were between $73.23 and $125.57, with an estimated average price of $109.18.



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