Randolph Bancorp Inc (NASDAQ:RNDB) Shares Sold by M3F Inc.

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M3F Inc. trimmed its holdings in shares of Randolph Bancorp Inc (NASDAQ:RNDB) by 5.3% during the first quarter, HoldingsChannel reports. The institutional investor owned 126,934 shares of the financial services provider’s stock after selling 7,100 shares during the quarter. Randolph Bancorp accounts for approximately 1.7% of M3F Inc.’s investment portfolio, making the stock its 23rd biggest holding. M3F Inc.’s holdings in Randolph Bancorp were worth $1,918,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Acadian Asset Management LLC boosted its holdings in shares of Randolph Bancorp by 55.2% during the 4th quarter. Acadian Asset Management LLC now owns 3,363 shares of the financial services provider’s stock worth $48,000 after buying an additional 1,196 shares in the last quarter. Context BH Capital Management LP bought a new position in shares of Randolph Bancorp during the 1st quarter worth approximately $259,000. Dimensional Fund Advisors LP boosted its holdings in shares of Randolph Bancorp by 31.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 29,800 shares of the financial services provider’s stock worth $422,000 after buying an additional 7,145 shares in the last quarter. BlackRock Inc. boosted its holdings in shares of Randolph Bancorp by 96.4% during the 1st quarter. BlackRock Inc. now owns 37,415 shares of the financial services provider’s stock worth $565,000 after buying an additional 18,368 shares in the last quarter. Finally, Vanguard Group Inc boosted its holdings in shares of Randolph Bancorp by 0.7% during the 3rd quarter. Vanguard Group Inc now owns 148,330 shares of the financial services provider’s stock worth $2,452,000 after buying an additional 1,100 shares in the last quarter. Hedge funds and other institutional investors own 35.41% of the company’s stock.

Shares of Randolph Bancorp stock traded down $0.10 on Wednesday, reaching $14.81. 5,800 shares of the company’s stock were exchanged, compared to its average volume of 6,720. Randolph Bancorp Inc has a 52 week low of $13.16 and a 52 week high of $17.45. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.11 and a current ratio of 1.20.

Randolph Bancorp (NASDAQ:RNDB) last posted its quarterly earnings results on Tuesday, April 23rd. The financial services provider reported ($0.01) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.21) by $0.20. The firm had revenue of $7.79 million for the quarter. Randolph Bancorp had a negative return on equity of 4.01% and a negative net margin of 3.84%.

In other Randolph Bancorp news, insider Thomas A. Foresta purchased 5,000 shares of the business’s stock in a transaction on Thursday, June 6th. The shares were purchased at an average cost of $15.00 per share, for a total transaction of $75,000.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 8.29% of the stock is currently owned by corporate insiders.

Separately, Compass Point upgraded Randolph Bancorp from a “sell” rating to a “neutral” rating in a report on Thursday, May 2nd.

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About Randolph Bancorp

Randolph Bancorp, Inc operates as the bank holding company for Envision Bank that provides financial services to individuals, families, and small to mid-size businesses in Massachusetts, Rhode Island, and southern New Hampshire. The company accepts checking, NOW, money market, and savings accounts, as well as certificate of deposits and IRAs.

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Want to see what other hedge funds are holding RNDB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Randolph Bancorp Inc (NASDAQ:RNDB).

Institutional Ownership by Quarter for Randolph Bancorp (NASDAQ:RNDB)

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