Randolph Bancorp Inc (NASDAQ:RNDB) has received an average broker rating score of 5.00 (Strong Sell) from the one analysts that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong sell rating.
Zacks has also given Randolph Bancorp an industry rank of 186 out of 256 based on the ratings given to its competitors.
Separately, Compass Point raised shares of Randolph Bancorp from a “sell” rating to a “neutral” rating in a research note on Thursday, May 2nd.
In other news, insider James P. Mcdonough acquired 20,000 shares of Randolph Bancorp stock in a transaction dated Friday, March 8th. The shares were bought at an average cost of $15.12 per share, with a total value of $302,400.00. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Over the last ninety days, insiders bought 21,500 shares of company stock worth $325,180. Insiders own 8.29% of the company’s stock.
Several large investors have recently bought and sold shares of RNDB. Thomson Horstmann & Bryant Inc. lifted its stake in shares of Randolph Bancorp by 2.8% in the fourth quarter. Thomson Horstmann & Bryant Inc. now owns 534,025 shares of the financial services provider’s stock valued at $7,556,000 after buying an additional 14,695 shares in the last quarter. Vanguard Group Inc lifted its stake in shares of Randolph Bancorp by 0.7% in the third quarter. Vanguard Group Inc now owns 148,330 shares of the financial services provider’s stock valued at $2,452,000 after buying an additional 1,100 shares in the last quarter. BlackRock Inc. lifted its stake in shares of Randolph Bancorp by 96.4% in the first quarter. BlackRock Inc. now owns 37,415 shares of the financial services provider’s stock valued at $565,000 after buying an additional 18,368 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Randolph Bancorp by 10.3% in the first quarter. Dimensional Fund Advisors LP now owns 32,882 shares of the financial services provider’s stock valued at $497,000 after buying an additional 3,082 shares in the last quarter. Finally, Morgan Stanley lifted its stake in shares of Randolph Bancorp by 3.3% in the first quarter. Morgan Stanley now owns 31,006 shares of the financial services provider’s stock valued at $469,000 after buying an additional 1,000 shares in the last quarter. 34.85% of the stock is currently owned by institutional investors.
NASDAQ RNDB traded down $0.12 on Friday, hitting $15.02. The company’s stock had a trading volume of 17,864 shares, compared to its average volume of 2,741. 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 has a 1-year low of $13.16 and a 1-year high of $17.45.
Randolph Bancorp (NASDAQ:RNDB) last announced its quarterly earnings results on Tuesday, April 23rd. The financial services provider reported ($0.01) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.21) by $0.20. Randolph Bancorp had a negative net margin of 3.84% and a negative return on equity of 4.01%. The firm had revenue of $7.79 million during the quarter.
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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