Oak Valley Bancorp Q2 2018 Institutional Investor Sentiment Better Than Expected

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Sentiment for Oak Valley Bancorp (NASDAQ:OVLY)

Oak Valley Bancorp (NASDAQ:OVLY) institutional sentiment increased to 4.67 in 2018 Q2. Its up 1.67, from 3 in 2018Q1. The ratio improved, as 28 hedge funds increased and opened new holdings, while 6 decreased and sold their equity positions in Oak Valley Bancorp. The hedge funds in our partner’s database now have: 2.53 million shares, up from 858,064 shares in 2018Q1. Also, the number of hedge funds holding Oak Valley Bancorp in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 1 Reduced: 5 Increased: 7 New Position: 21.

Oak Valley Bancorp operates as the holding firm for Oak Valley Community Bank that provides banking services and products for individuals and business enterprises in Oakdale, California and the surrounding areas. The company has market cap of $153.01 million. It operates through two divisions, Retail Banking and Commercial Banking. It has a 14.91 P/E ratio. The firm accepts various deposits products, such as checking and savings, negotiable order of withdrawal, money market, health savings, and individual retirement accounts, as well as overdraft protection facilities and certificates of deposit.

The stock decreased 3.45% or $0.67 during the last trading session, reaching $18.73. About 11,944 shares traded or 48.59% up from the average. Oak Valley Bancorp (NASDAQ:OVLY) has risen 28.61% since December 2, 2017 and is uptrending. It has outperformed by 12.99% the S&P500.

Banc Funds Co Llc holds 0.53% of its portfolio in Oak Valley Bancorp for 445,489 shares. Zpr Investment Management owns 15,090 shares or 0.46% of their US portfolio. Moreover, Delphi Management Inc Ma has 0.23% invested in the company for 17,006 shares. The California-based Mraz Amerine & Associates Inc. has invested 0.16% in the stock. Maltese Capital Management Llc, a New York-based fund reported 95,000 shares.

Since January 1, 0001, it had 4 insider buys, and 3 insider sales for $58,386 activity.

More notable recent Oak Valley Bancorp (NASDAQ:OVLY) news were published by: Globenewswire.com which released: “Oak Valley Community Bank Announces Commercial Loan Officer Hiring – GlobeNewswire” on December 14, 2017, also Nasdaq.com with their article: “Validea Motley Fool Strategy Daily Upgrade Report – 11/22/2018 – Nasdaq” published on November 22, 2018, Bizjournals.com published: “First local branch may be beachhead for Oak Valley Community Bank’s Sacramento expansion – Sacramento Business Journal” on April 20, 2018. More interesting news about Oak Valley Bancorp (NASDAQ:OVLY) were released by: Nasdaq.com and their article: “Oak Valley Bancorp (CA) (OVLY) Ex-Dividend Date Scheduled for July 16, 2015 – Nasdaq” published on July 15, 2015 as well as Seekingalpha.com‘s news article titled: “JPMorgan tells banks to partner up – Seeking Alpha” with publication date: May 09, 2017.

Oak Valley Bancorp (NASDAQ:OVLY) Institutional Positions Chart

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