Walthausen & Co. LLC Invests $859,000 in Plumas Bancorp (NASDAQ:PLBC)

Walthausen & Co. LLC purchased a new stake in Plumas Bancorp (NASDAQ:PLBC) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 32,580 shares of the financial services provider’s stock, valued at approximately $859,000. Walthausen & Co. LLC owned about 0.63% of Plumas Bancorp as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Punch & Associates Investment Management Inc. boosted its stake in Plumas Bancorp by 6.7% in the 4th quarter. Punch & Associates Investment Management Inc. now owns 30,120 shares of the financial services provider’s stock valued at $795,000 after purchasing an additional 1,900 shares during the period. UBS Group AG raised its holdings in Plumas Bancorp by 23.6% in the 4th quarter. UBS Group AG now owns 4,449 shares of the financial services provider’s stock worth $117,000 after acquiring an additional 849 shares during the last quarter. Fourthstone LLC purchased a new position in Plumas Bancorp in the 4th quarter worth approximately $2,087,000. Finally, Renaissance Technologies LLC raised its holdings in Plumas Bancorp by 18.8% in the 4th quarter. Renaissance Technologies LLC now owns 13,780 shares of the financial services provider’s stock worth $364,000 after acquiring an additional 2,180 shares during the last quarter. Institutional investors and hedge funds own 20.14% of the company’s stock.

NASDAQ PLBC traded down $0.19 during mid-day trading on Thursday, reaching $18.00. The stock had a trading volume of 21,700 shares, compared to its average volume of 7,510. Plumas Bancorp has a 1 year low of $15.00 and a 1 year high of $29.23. The stock has a market cap of $90.32 million, a PE ratio of 6.06 and a beta of 0.47. The company has a fifty day moving average price of $23.68 and a 200 day moving average price of $23.80. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.88 and a quick ratio of 0.88.

Plumas Bancorp (NASDAQ:PLBC) last announced its quarterly earnings data on Wednesday, January 15th. The financial services provider reported $0.74 earnings per share for the quarter. Plumas Bancorp had a net margin of 32.70% and a return on equity of 19.63%. The company had revenue of $11.46 million during the quarter.

Plumas Bancorp Profile

Plumas Bancorp operates as the holding company for the Plumas Bank that provides various banking products and services for small and middle market businesses, and individuals in Northeastern California and Northwestern Nevada. The company offers various deposit products, such as checking, interest-bearing checking, public funds and business sweep, savings, and retirement accounts, as well as time and remote deposits.

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Institutional Ownership by Quarter for Plumas Bancorp (NASDAQ:PLBC)

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