Melrose Bancorp Sentiment Worsening on Bad Stock Potential, Now at 1

June 26, 2018 - By Joshua Cleveland

Melrose Bancorp, Inc. (NASDAQ:MELR) Corporate Logo

Positions for Melrose Bancorp (NASDAQ:MELR)

“Big money sentiment for Melrose Bancorp (NASDAQ:MELR) in Q1 2018 decreased to 1, revealed SEC filings. That’s down -1.00, from 2017Q4’s 2. 2 investment professionals opened new and increased stock positions, while 2 decreased and sold their stock positions in Melrose Bancorp so the sentiment has worsened. These funds own 507,823 shares, that’s down from 512,385 shares in 2017Q4. Funds holding Melrose Bancorp in top 10 was flat from 0 to 0 for the same number . 1 Investors Sold All; 1 Reduced Holdings; 1 increased stakes while 1 investment professionals bought stakes.

Most Melrose Bancorp Shareholders

Seidman Lawrence B owns 108,862 shares in Melrose Bancorp as of Q1 2018. As of Q1 2018, 129,132 shares of Melrose Bancorp are owned by Maltese Capital Management Llc. Also, Mendon Capital Advisors Corp reported 11,851 shares in Melrose Bancorp equivalent to 0.02% of its US long equity exposure. Seizert Capital Partners Llc revealed 30,899 shares position in Melrose Bancorp. The New York-based fund Alliancebernstein L.P. holds 61,779 shares or 0% of their US long equity exposure.

Melrose Bancorp, Inc. operates as the bank holding firm for Melrose Cooperative Bank that provides various banking services and products.The company has $50.46 million market cap. The firm accepts a range of deposit accounts, such as savings, money market, demand, and NOW accounts, as well as certificates of deposit.26.22 is the P/E ratio. The Company’s loan products include one- to four-family residential real estate loans, home equity loans and lines of credit, commercial real estate loans, construction loans, and consumer loans.

MELR is reaching $19.401 during the last trading session, after decreased 0.25%.Melrose Bancorp, Inc. has volume of 534 shares. Since June 26, 2017 MELR has risen 35.46% and is uptrending. MELR outperformed the S&P500 by 22.89%.

Blackrock Inc holds 0% or 983 shs. Alliancebernstein L P accumulated 61,779 shs or 0% of the stock. Royal Retail Bank Of Canada has invested 0% of its capital in Melrose Bancorp, Inc. (NASDAQ:MELR). 129,132 are owned by Maltese Capital Mgmt Limited Liability. Seizert Capital Partners Ltd Liability reported 0.02% in Melrose Bancorp, Inc. (NASDAQ:MELR). 108,862 were accumulated by Seidman Lawrence B. The Kansas-based Creative Planning has invested 0% in Melrose Bancorp, Inc. (NASDAQ:MELR). Morgan Stanley invested 0% of its capital in Melrose Bancorp, Inc. (NASDAQ:MELR). Wellington Mgmt Gru Llp reported 0% in Melrose Bancorp, Inc. (NASDAQ:MELR). Mendon Capital Corp owns 11,851 shs.

Melrose Bancorp, Inc. registered $70,920 net activity with 0 insider buys and 1 sale since June 15, 2018.

Melrose Bancorp, Inc. (NASDAQ:MELR) Institutional Investors Chart

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