Codorus Valley Bancorp, Inc. (NASDAQ:CVLY) Director Dallas L. Smith Sells 2,674 Shares

Codorus Valley Bancorp, Inc. (NASDAQ:CVLY) Director Dallas L. Smith sold 2,674 shares of Codorus Valley Bancorp stock in a transaction on Wednesday, August 21st. The stock was sold at an average price of $22.32, for a total value of $59,683.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of CVLY traded down $0.18 during trading hours on Thursday, hitting $22.10. The stock had a trading volume of 46 shares, compared to its average volume of 10,070. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.03 and a quick ratio of 1.02. Codorus Valley Bancorp, Inc. has a 12 month low of $19.65 and a 12 month high of $32.34. The firm has a market capitalization of $212.74 million, a PE ratio of 11.86 and a beta of 0.70. The stock has a fifty day moving average price of $22.65 and a 200 day moving average price of $22.12.

Codorus Valley Bancorp (NASDAQ:CVLY) last issued its quarterly earnings data on Thursday, July 18th. The financial services provider reported $0.51 EPS for the quarter. Codorus Valley Bancorp had a return on equity of 10.16% and a net margin of 18.78%. The company had revenue of $19.89 million during the quarter.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, August 13th. Investors of record on Tuesday, July 23rd were issued a $0.16 dividend. This represents a $0.64 annualized dividend and a dividend yield of 2.90%. The ex-dividend date of this dividend was Monday, July 22nd.

Several institutional investors and hedge funds have recently modified their holdings of CVLY. Banc Funds Co. LLC grew its holdings in Codorus Valley Bancorp by 2.6% during the first quarter. Banc Funds Co. LLC now owns 634,155 shares of the financial services provider’s stock valued at $13,539,000 after purchasing an additional 16,161 shares during the period. BlackRock Inc. grew its holdings in Codorus Valley Bancorp by 1.5% during the second quarter. BlackRock Inc. now owns 466,972 shares of the financial services provider’s stock valued at $10,741,000 after purchasing an additional 7,101 shares during the period. Vanguard Group Inc. grew its holdings in Codorus Valley Bancorp by 6.5% during the second quarter. Vanguard Group Inc. now owns 409,489 shares of the financial services provider’s stock valued at $9,419,000 after purchasing an additional 24,873 shares during the period. Royce & Associates LP grew its holdings in Codorus Valley Bancorp by 13.4% during the first quarter. Royce & Associates LP now owns 223,320 shares of the financial services provider’s stock valued at $4,768,000 after purchasing an additional 26,303 shares during the period. Finally, Dimensional Fund Advisors LP grew its holdings in Codorus Valley Bancorp by 15.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 204,556 shares of the financial services provider’s stock valued at $4,347,000 after purchasing an additional 27,001 shares during the period. 52.60% of the stock is owned by institutional investors.

About Codorus Valley Bancorp

Codorus Valley Bancorp, Inc operates as the bank holding company for the PeoplesBank that provides community banking services. The company accepts demand, money market, time, and savings deposits. It also offers commercial real estate, industrial, and construction loans; commercial loans, such as builder and developer, commercial and residential real estate investor, hotel/motel, wholesale and retail, agriculture, manufacturing, and other loans; and consumer loans, including residential mortgage, home equity, and other loans.

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