November 23, 2016 - By Marie Mckinney
Anthony Rizzotte, Exec. V.P. & Chief Lend. Off. of Ocean Shore Holding Co., in an insider selling trade unloaded 2,233 shares whose worth is estimated to be $60,291 at average stock price of $27.0. Anthony Rizzotte currently has rights to 46,766 shares which are equivalent to precisely 0.75% of the New Jersey-based company’s market capitalization. The deal was dated 22-11-2016 and was made public in a document filed with the SEC. The document is obtainable for free here.
Insitutional Activity: The institutional sentiment decreased to 1.07 in Q2 2016. Its down 0.43, from 1.5 in 2016Q1. The ratio dropped, as 1 funds sold all Ocean Shore Holding Co shares owned while 7 reduced positions. 2 funds bought stakes while 10 increased positions. They now own 1.34 million shares or 0.96% more from 1.33 million shares in 2016Q1.
Bridgeway Cap Mngmt holds 0.04% or 149,737 shares in its portfolio. Moreover, Tower Rech Capital Limited Company (Trc) has 0% invested in Ocean Shore Holding Co (NASDAQ:OSHC) for 614 shares. Gendell Jeffrey L, a Connecticut-based fund reported 73,397 shares. Hutchin Hill Capital Lp has 0.04% invested in the company for 70,000 shares. Acadian Asset Mgmt Ltd Liability Co holds 0% or 20,524 shares in its portfolio. Blackrock Fund Advsrs holds 0% or 20,101 shares in its portfolio. Raffles Associates Lp owns 71,900 shares or 1.24% of their US portfolio. Dimensional Fund Advisors L P, a Texas-based fund reported 109,264 shares. Maltese Limited Liability Corp accumulated 45,000 shares or 0.1% of the stock. Creative Planning holds 87 shares or 0% of its portfolio. Quantum Management Limited Company Nj accumulated 28,110 shares or 0.16% of the stock. Sessa Im Ltd Partnership accumulated 139,242 shares or 0.7% of the stock. Morgan Stanley has 0% invested in the company for 13,190 shares. Oppenheimer And Close Limited Com last reported 2.76% of its portfolio in the stock. Axa has 1,400 shares for 0% of their US portfolio.
Insider Transactions: Since August 5, 2016, the stock had 0 insider purchases, and 5 insider sales for $477,861 net activity. $68,617 worth of Ocean Shore Holding Co (NASDAQ:OSHC) was sold by DAVIDSON KIM M on Friday, August 19. RIZZOTTE ANTHONY J also sold $114,246 worth of Ocean Shore Holding Co (NASDAQ:OSHC) on Monday, August 8. 4,575 shares were sold by BOSSI JANET M, worth $101,990. McCrosson Dorothy also sold $144,652 worth of Ocean Shore Holding Co (NASDAQ:OSHC) shares.
The stock increased 1.30% or $0.35 during the last trading session, hitting $27.25. About 16,945 shares traded hands. Ocean Shore Holding Co (NASDAQ:OSHC) has risen 53.47% since April 20, 2016 and is uptrending. It has outperformed by 48.92% the S&P500.
Ocean Shore Holding Co. is the holding firm for Ocean City Home Bank . The company has a market cap of $179.74 million. The Firm is primarily engaged in the business of directing, planning and coordinating the business activities of the Bank. It has a 24.42 P/E ratio. The Firm operates through the Community Banking segment.
According to Zacks Investment Research, “Ocean Shore Holding Co. is the holding company for Ocean City Home Bank, a federal savings bank headquartered in Ocean City, New Jersey. The Bank operates a total of six full-service banking offices in southern New Jersey.”
More important recent Ocean Shore Holding Co (NASDAQ:OSHC) news were published by: Prnewswire.com which released: “Ocean Shore Holding Co. Announces Quarterly Cash Dividend” on October 19, 2016, also Prnewswire.com published article titled: “Ocean Shore Holding Co. Reports 1st Quarter 2015 Earnings”, Streetinsider.com published: “Oceanfirst Financial (OCFC) to Acquire Ocean Shore Holding (OSHC) in ~$145.6M Deal” on July 13, 2016. More interesting news about Ocean Shore Holding Co (NASDAQ:OSHC) was released by: Nasdaq.com and their article: “Ocean Shore Holding Co. (OSHC) Ex-Dividend Date Scheduled for August 03, 2016” with publication date: July 28, 2015.
Ocean Shore Holding Co., incorporated in September 2008, is the holding firm for Ocean City Home Bank (the Bank). The Firm is primarily engaged in the business of directing, planning and coordinating the business activities of the Bank. The Firm operates through the Community Banking segment. The Bank is a federally chartered savings bank. The Bank operates as a community-oriented financial institution offering a range of financial services to clients and businesses in its market area. The Bank accepts deposits from the general public, small businesses and municipalities, and uses those funds to originate a range of consumer and commercial loans, which it holds primarily for investment.
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