EMC Capital Management Sells 4,269 Shares of The Bank of N.T. Butterfield & Son Limited (NYSE:NTB)

EMC Capital Management reduced its holdings in shares of The Bank of N.T. Butterfield & Son Limited (NYSE:NTB) by 42.9% in the 4th quarter, Holdings Channel.com reports. The fund owned 5,688 shares of the bank’s stock after selling 4,269 shares during the period. EMC Capital Management’s holdings in Bank of N.T. Butterfield & Son were worth $208,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in NTB. Capital Performance Advisors LLP acquired a new position in Bank of N.T. Butterfield & Son during the third quarter worth $37,000. Point72 DIFC Ltd increased its stake in Bank of N.T. Butterfield & Son by 370.1% in the 3rd quarter. Point72 DIFC Ltd now owns 1,368 shares of the bank’s stock valued at $50,000 after buying an additional 1,077 shares during the last quarter. Point72 Asset Management L.P. bought a new stake in Bank of N.T. Butterfield & Son during the 2nd quarter worth about $63,000. R Squared Ltd acquired a new position in shares of Bank of N.T. Butterfield & Son during the 4th quarter worth about $72,000. Finally, Nisa Investment Advisors LLC grew its holdings in shares of Bank of N.T. Butterfield & Son by 222.0% in the 3rd quarter. Nisa Investment Advisors LLC now owns 2,254 shares of the bank’s stock valued at $83,000 after acquiring an additional 1,554 shares in the last quarter. 62.73% of the stock is currently owned by institutional investors and hedge funds.

Bank of N.T. Butterfield & Son Price Performance

NYSE:NTB opened at $36.92 on Friday. The Bank of N.T. Butterfield & Son Limited has a 52-week low of $28.73 and a 52-week high of $40.55. The company has a market cap of $1.75 billion, a P/E ratio of 8.22 and a beta of 1.16. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.66 and a current ratio of 0.66. The stock’s 50-day simple moving average is $36.94 and its 200 day simple moving average is $37.21.

Bank of N.T. Butterfield & Son Company Profile

The Bank of N.T. Butterfield & Son Ltd. provides community banking and wealth management business. The firm operates through the following geographical segments: Bermuda, the Cayman Islands, Channel Islands and the UK, and Other. The Bermuda and Cayman segments offer retail banking and wealth management.