Camden National Corporation Stock News

Virginia Retirement Systems ET AL increased its position in shares of Camden National Co. (NASDAQ:CAC) by 12.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,500 shares of the financial services providers stock after acquiring an additional 1,200 shares during the quarter. Virginia []

Camden National Corporation with ticker code (CAC) now have 4 analysts in total covering the stock. The consensus rating is ''Buy''. The range between the high target price and low target price is between 54 and 48 calculating the average target price we see 50.5. Now with the previous closing price of 46.42 this would imply there is a potential upside of 8.8%. The day 50 moving average is 48.26 and the 200 day MA is 47.14. The company has a market capitalisation of $690m. Find out more information at: https://www.camdennational.com [stock_market_widget type="chart" symbol="CAC" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Camden National Corporation operates as the bank holding company for Camden National Bank that provides commercial and consumer banking products and services to consumer, institutional, municipal, non-profit, and commercial customers. The company accepts checking, savings, time, and brokered deposits, as well as certificates of deposit. It also originates single and multi-family residential loans, commercial real estate loans, business loans, municipal loans, and various consumer loans, as well as loans for the construction of residential homes, multi-family properties, and commercial real estate properties; and specialized lending to dentists, optometrists, and veterinarians.

Shares of Camden National Co. (NASDAQ:CAC) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.00 and traded as high as $48.06. Camden National shares last traded at $46.71, with a volume of 28,551 shares traded. A number of research analysts have recently weighed in []

Essex LLC acquired a new position in shares of Stryker Co. (NYSE:SYK) during the 3rd quarter, Holdings Channel reports. The firm acquired 883 shares of the medical technology companys stock, valued at approximately $233,000. A number of other hedge funds have also recently bought and sold shares of SYK. Camden National Bank bought a new []

Wall Street analysts expect that Camden National Co. (NASDAQ:CAC) will post sales of $47.04 million for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for Camden Nationals earnings, with the highest sales estimate coming in at $47.07 million and the lowest estimate coming in at $47.00 million. Camden National posted sales []

Analysts expect that Camden National Co. (NASDAQ:CAC) will post earnings per share of $1.06 for the current quarter, Zacks reports. Two analysts have provided estimates for Camden Nationals earnings, with the lowest EPS estimate coming in at $1.04 and the highest estimate coming in at $1.07. Camden National posted earnings of $1.22 per share during []

Price T Rowe Associates Inc. MD lowered its position in shares of Camden National Co. (NASDAQ:CAC) by 23.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 13,334 shares of the financial services providers stock after selling 4,086 shares during the period. Price T Rowe []

UBS Asset Management Americas Inc. lowered its stake in Camden National Co. (NASDAQ:CAC) by 55.1% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 4,778 shares of the financial services providers stock after selling 5,866 shares during the quarter. UBS Asset Management []

Camden National Corporation with ticker code (CAC) now have 4 analysts in total covering the stock. The consensus rating is ''Buy''. The range between the high target price and low target price is between 54 and 48 with the average target price sitting at 50.5. Now with the previous closing price of 48.68 this would indicate that there is a potential upside of 3.7%. The 50 day moving average now sits at 48.41 and the 200 day moving average is 46.85. The market cap for the company is $729m. Company Website: /> [stock_market_widget type="chart" symbol="CAC" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Camden National Corporation operates as the bank holding company for Camden National Bank that provides commercial and consumer banking products and services to consumer, institutional, municipal, non-profit, and commercial customers. The company accepts checking, savings, time, and brokered deposits, as well as certificates of deposit. It also originates single and multi-family residential loans, commercial real estate loans, business loans, municipal loans, and various consumer loans, as well as loans for the construction of residential homes, multi-family properties, and commercial real estate properties; and specialized lending to dentists, optometrists, and veterinarians.

Norway Savings Bank raised its holdings in Camden National Co. (NASDAQ:CAC) by 11.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,618 shares of the financial services providers stock after purchasing an additional 275 shares during the quarter. Norway Savings Banks holdings []

Goldman Sachs Group Inc. increased its holdings in shares of Camden National Co. (NASDAQ:CAC) by 9.7% during the second quarter, Holdings Channel.com reports. The firm owned 48,975 shares of the financial services providers stock after buying an additional 4,314 shares during the period. Goldman Sachs Group Inc.s holdings in Camden National were worth $2,339,000 as []

Camden National (NASDAQ:CAC) and UniCredit (OTCMKTS:UNCRY) are both finance companies, but which is the better investment? We will contrast the two businesses based on the strength of their dividends, profitability, institutional ownership, earnings, valuation, risk and analyst recommendations. Valuation and Earnings This table compares Camden National and UniCredits revenue, earnings per share (EPS) and valuation. []

Brokerages expect that Camden National Co. (NASDAQ:CAC) will announce $47.04 million in sales for the current fiscal quarter, Zacks reports. Two analysts have made estimates for Camden Nationals earnings. The highest sales estimate is $47.07 million and the lowest is $47.00 million. Camden National posted sales of $49.79 million in the same quarter last year, []