Sentiment for Orrstown Financial Services Inc (NASDAQ:ORRF)
Orrstown Financial Services Inc (NASDAQ:ORRF) institutional sentiment increased to 2.11 in 2019 Q1. Its up 0.32, from 1.79 in 2018Q4. The ratio is more positive, as 38 active investment managers increased and opened new stock positions, while 18 decreased and sold holdings in Orrstown Financial Services Inc. The active investment managers in our partner’s database now possess: 3.71 million shares, up from 3.59 million shares in 2018Q4. Also, the number of active investment managers holding Orrstown Financial Services Inc in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 15 Increased: 25 New Position: 13.
Orrstown Financial Services, Inc. operates as the bank holding firm for Orrstown Bank that provides commercial banking and trust services in the United States. The company has market cap of $246.31 million. The firm accepts various deposits, including checking, savings, time, demand, and money market deposits. It has a 15.63 P/E ratio. The Company’s loan products include commercial loans, including commercial real estate, equipment, working capital, and other commercial purpose loans; consumer loans, such as home equity loans, home equity lines of credit, and other consumer loans; residential mortgage loans; and agribusiness, acquisition and development, municipal, and installment and other loans.
The stock decreased 0.69% or $0.15 during the last trading session, reaching $21.74. About 16,032 shares traded. Orrstown Financial Services, Inc. (NASDAQ:ORRF) has declined 19.62% since July 14, 2018 and is downtrending. It has underperformed by 24.05% the S&P500.
Analysts await Orrstown Financial Services, Inc. (NASDAQ:ORRF) to report earnings on July, 17. They expect $0.42 EPS, down 12.50 % or $0.06 from last year’s $0.48 per share. ORRF’s profit will be $4.76M for 12.94 P/E if the $0.42 EPS becomes a reality. After $0.41 actual EPS reported by Orrstown Financial Services, Inc. for the previous quarter, Wall Street now forecasts 2.44 % EPS growth.
Endeavour Capital Advisors Inc holds 1.24% of its portfolio in Orrstown Financial Services, Inc. for 379,716 shares. Pacific Ridge Capital Partners Llc owns 110,345 shares or 0.55% of their US portfolio. Moreover, Cutler Capital Management Llc has 0.51% invested in the company for 65,935 shares. The Virginia-based Ejf Capital Llc has invested 0.41% in the stock. Maltese Capital Management Llc, a New York-based fund reported 145,000 shares.
Since January 1, 0001, it had 1 insider purchase, and 1 insider sale for $4,288 activity.
More notable recent Orrstown Financial Services, Inc. (NASDAQ:ORRF) news were published by: Nasdaq.com which released: “Orrstown Financial Services Inc (ORRF) Ex-Dividend Date Scheduled for February 01, 2019 – Nasdaq” on January 31, 2019, also Globenewswire.com with their article: “Orrstown Bank Announces Addition of Luke M. Bernstein, SVP/Director, Orrstown Financial Advisors and Corporate Communications Officer – GlobeNewswire” published on September 27, 2017, Nasdaq.com published: “M&T Bank (MTB) Rallies 16% YTD: What’s Driving the Stock? – Nasdaq” on June 27, 2019. More interesting news about Orrstown Financial Services, Inc. (NASDAQ:ORRF) were released by: Globenewswire.com and their article: “Orrstown Financial Services, Inc. to Acquire Mercersburg Financial Corporation – GlobeNewswire” published on May 31, 2018 as well as Globenewswire.com‘s news article titled: “Orrstown Financial Services, Inc., Names Thomas R. Brugger Executive Vice President and Chief Financial Officer – GlobeNewswire” with publication date: June 25, 2019.
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