11,071 Shares in LCNB Corp. (NASDAQ:LCNB) Purchased by Squarepoint Ops LLC

Squarepoint Ops LLC acquired a new position in shares of LCNB Corp. (NASDAQ:LCNB) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 11,071 shares of the bank’s stock, valued at approximately $181,000. Squarepoint Ops LLC owned approximately 0.09% of LCNB as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also added to or reduced their stakes in LCNB. Renaissance Technologies LLC raised its holdings in shares of LCNB by 35.6% during the 2nd quarter. Renaissance Technologies LLC now owns 238,016 shares of the bank’s stock valued at $3,896,000 after buying an additional 62,500 shares in the last quarter. Pacific Ridge Capital Partners LLC raised its holdings in shares of LCNB by 19.1% during the 2nd quarter. Pacific Ridge Capital Partners LLC now owns 339,185 shares of the bank’s stock valued at $5,552,000 after buying an additional 54,481 shares in the last quarter. Susquehanna Fundamental Investments LLC purchased a new position in shares of LCNB during the 2nd quarter valued at about $841,000. Johnson Investment Counsel Inc. raised its holdings in shares of LCNB by 58.2% during the 2nd quarter. Johnson Investment Counsel Inc. now owns 113,089 shares of the bank’s stock valued at $1,851,000 after buying an additional 41,598 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in shares of LCNB by 11.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 317,936 shares of the bank’s stock valued at $5,564,000 after buying an additional 33,634 shares in the last quarter. 42.46% of the stock is currently owned by hedge funds and other institutional investors.

Several equities analysts recently issued reports on the company. Boenning Scattergood restated an “outperform” rating on shares of LCNB in a research report on Wednesday, August 11th. Zacks Investment Research lowered LCNB from a “hold” rating to a “sell” rating in a research report on Monday, October 25th.

Shares of LCNB stock opened at $20.43 on Thursday. The company has a market cap of $290.27 million, a price-to-earnings ratio of 12.38 and a beta of 0.86. LCNB Corp. has a fifty-two week low of $14.07 and a fifty-two week high of $20.69. The stock has a 50 day simple moving average of $17.64. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.06.

LCNB (NASDAQ:LCNB) last issued its quarterly earnings data on Thursday, October 21st. The bank reported $0.39 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.43 by ($0.04). LCNB had a return on equity of 8.80% and a net margin of 27.00%. On average, research analysts forecast that LCNB Corp. will post 1.58 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 15th. Stockholders of record on Wednesday, December 1st will be paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.92%. The ex-dividend date is Tuesday, November 30th. This is a boost from LCNB’s previous quarterly dividend of $0.19. LCNB’s dividend payout ratio (DPR) is presently 46.06%.

LCNB Company Profile

LCNB Corp. is a financial holding company, which offers commercial and personal banking services. It offers services such as checking rates, debit card resources, electronic banking, fraud and identity theft, education and awareness. The company was founded in December 1998 and is headquartered in Lebanon, OH.

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Institutional Ownership by Quarter for LCNB (NASDAQ:LCNB)

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