Lakeland Bancorp Inc (NASDAQ:LBAI) to announce $0.12 dividend on May 15, 2018

May 3, 2018 - By Gregory Tomko

Lakeland Bancorp, Inc. (NASDAQ:LBAI) Corporate Logo
Big Money Sentiment decreased to 1.19 in Q4 2017. It has change of 0.26, from 2017Q3’s 1.45. The ratio worsened due to Lakeland Bancorp, Inc. positioning: 7 sold and 29 reduced. 10 funds amassed positions and 33 increased positions. Investors holded 24.73 million in 2017Q3 but now own 25.22 million shares or 1.95% more.
Guggenheim Cap holds 0% or 103,300 shs. Sterling Mngmt invested in 0.01% or 49,240 shs. Zebra Mgmt Limited Co holds 0.2% or 30,071 shs. Metropolitan Life Insurance invested 0% of its capital in Lakeland Bancorp, Inc. (NASDAQ:LBAI). 1,931 were accumulated by Sei Investments. Thrivent For Lutherans reported 107,553 shs. 21,802 are held by Highlander Cap Mgmt Lc. Clearbridge Invests Ltd Limited Liability Company holds 0% or 134,308 shs in its capital. Invesco Limited has 0% invested in Lakeland Bancorp, Inc. (NASDAQ:LBAI) for 42,568 shs. Prudential Fincl has invested 0% in Lakeland Bancorp, Inc. (NASDAQ:LBAI). Morgan Stanley holds 0% of its capital in Lakeland Bancorp, Inc. (NASDAQ:LBAI) for 454,156 shs. Stone Ridge Asset Mgmt Ltd holds 0.02% of its capital in Lakeland Bancorp, Inc. (NASDAQ:LBAI) for 16,543 shs. Kennedy Management stated it has 314,983 shs. Price T Rowe Md accumulated 18,163 shs. Johnson Inv Counsel holds 0.01% of its capital in Lakeland Bancorp, Inc. (NASDAQ:LBAI) for 19,000 shs.

Lakeland Bancorp, Inc. registered $1.33 million net activity with 0 buys and 4 selling transactions since December 19, 2017. NICHOLSON ROBERT K III sold $746,029 worth of stock or 37,227 shs. On Thursday, March 15 the insider DEUTSCH EDWARD B sold $418,043.

Shareholders expect $0.12 dividend by Lakeland Bancorp Inc (NASDAQ:LBAI) to be distributed on May 15, 2018, as reported by Faxor. The ex-date is May 4, 2018. Based on Lakeland Bancorp Inc’s price of $19.70, the dividend is 0.58 %. It has May 7, 2018 record date and Apr 25, 2018 announcement date. LBAI is reaching $19.7 during the last trading session, after increased 0.25%.Lakeland Bancorp, Inc. has volume of 98,725 shares. Since May 3, 2017 LBAI has risen 3.96% and is uptrending. The stock underperformed the S&P 500 by 7.59%.

Lakeland Bancorp, Inc. operates as the holding firm for Lakeland Bank that provides financial services and products for individuals and small to medium sized businesses.The company has $935.28 million market cap. It offers commercial banking depository products, including savings, money market, and time accounts, as well as demand deposits; lending solutions, such as short and medium term loans, lines of credit, letters of credit, inventory and accounts receivable financing, real estate construction loans, mortgage loans, small business administration loans, commercial real estate loans, commercial and industrial loans, and equipment financing solutions, as well as merchant credit card services; and wire transfer, Internet banking, mobile banking, night depository, and cash management services.The P/E ratio is 18.07. The firm also provides consumer banking services, including checking accounts, savings accounts, NOW accounts, money market accounts, certificates of deposit, secured and unsecured loans, consumer installment loans, mortgage loans, and safe deposit services.

Lakeland Bancorp, Inc. (NASDAQ:LBAI) Institutional Investors Chart

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