Segall Bryant & Hamill LLC bought a new position in shares of ChoiceOne Financial Services, Inc. (NASDAQ:COFS - Free Report) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund bought 35,373 shares of the company's stock, valued at approximately $1,093,000. Segall Bryant & Hamill LLC owned 0.39% of ChoiceOne Financial Services at the end of the most recent quarter.
A number of other institutional investors have also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its stake in shares of ChoiceOne Financial Services by 0.8% in the 1st quarter. Vanguard Group Inc. now owns 350,690 shares of the company's stock valued at $9,591,000 after purchasing an additional 2,871 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in ChoiceOne Financial Services by 7.0% in the second quarter. Bank of New York Mellon Corp now owns 21,720 shares of the company's stock valued at $622,000 after buying an additional 1,425 shares during the period. Renaissance Technologies LLC boosted its position in ChoiceOne Financial Services by 7.3% during the second quarter. Renaissance Technologies LLC now owns 19,000 shares of the company's stock valued at $544,000 after acquiring an additional 1,300 shares during the last quarter. Mattson Financial Services LLC acquired a new stake in ChoiceOne Financial Services during the 2nd quarter worth about $47,000. Finally, Curi RMB Capital LLC bought a new position in shares of ChoiceOne Financial Services in the 3rd quarter worth about $2,192,000. Institutional investors own 19.90% of the company's stock.
ChoiceOne Financial Services Stock Up 0.7 %
Shares of ChoiceOne Financial Services stock traded up $0.25 during trading on Friday, reaching $36.75. 36,986 shares of the company traded hands, compared to its average volume of 32,863. The firm has a market capitalization of $329.21 million, a PE ratio of 11.59 and a beta of 0.69. ChoiceOne Financial Services, Inc. has a 1-year low of $21.52 and a 1-year high of $37.13. The company has a 50 day moving average price of $32.41 and a 200-day moving average price of $29.17. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.74 and a quick ratio of 0.74.
Wall Street Analysts Forecast Growth
Separately, DA Davidson assumed coverage on ChoiceOne Financial Services in a research report on Friday, October 18th. They set a "buy" rating and a $37.00 target price on the stock.
Get Our Latest Stock Report on COFS
ChoiceOne Financial Services Company Profile
(
Free Report)
ChoiceOne Financial Services, Inc operates as the bank holding company for ChoiceOne Bank that provides banking services to corporations, partnerships, and individuals in Michigan. The company offers various deposit products, including time, savings, and demand deposits, safe deposit, and automated transaction machine services.
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