Baines Creek Capital – Llc just Acquired 485,455 shares of Legacy Reserves LP (LGCY), be careful if you are short!; Salisbury Bancorp (SAL) Sentiment Is 0.7

Salisbury Bancorp, Inc. operates as the bank holding firm for Salisbury Bank and Trust Company that provides commercial banking, consumer financing, retail banking, and trust and wealth advisory services. The company has market cap of $125.81 million. It offers various retail and commercial deposit products. It has a 20.16 P/E ratio. The firm also provides loans, such as residential and commercial real estate loans; construction loans; commercial loans; and consumer loans, including home equity loans and lines of credit, and auto and personal installment loans.

In a form that has been filled with the Washington-based Security and Exchange Commission, it was revealed that the insider of Legacy Reserves Lp Baines Creek Capital – Llc, made a broker trade for 485,455 shares of the company, worth $2.38 million USD using an average stock price per share of $4.9 USD. Baines Creek Capital – Llc right now holds 13.57 million shares or 17.65% of Legacy Reserves Lp’s market cap.

The stock decreased 4.39% or $2.07 during the last trading session, reaching $45.15. About 2,385 shares traded or 148.96% up from the average. Salisbury Bancorp, Inc. (SAL) has risen 29.93% since March 27, 2017 and is uptrending. It has outperformed by 13.23% the S&P500.

Since January 1, 0001, it had 0 insider purchases, and 2 sales for $114,108 activity.

Eidelman Virant Capital holds 1.15% of its portfolio in Salisbury Bancorp, Inc. for 41,724 shares. Zpr Investment Management owns 4,992 shares or 0.35% of their US portfolio. Moreover, Naples Global Advisors Llc has 0.17% invested in the company for 10,636 shares. The Michigan-based Clenar Muke Llc has invested 0.15% in the stock. Bradley Foster & Sargent Inc Ct, a Connecticut-based fund reported 2,700 shares.

Analysts await Salisbury Bancorp, Inc. (NASDAQ:SAL) to report earnings on April, 27. They expect $0.74 EPS, up 27.59% or $0.16 from last year’s $0.58 per share. SAL’s profit will be $2.06M for 15.25 P/E if the $0.74 EPS becomes a reality. After $0.86 actual EPS reported by Salisbury Bancorp, Inc. for the previous quarter, Wall Street now forecasts -13.95% negative EPS growth.

Since January 10, 2018, it had 15 insider purchases, and 0 insider sales for $11.85 million activity. Baines Creek Capital – LLC bought $1.11M worth of stock or 274,895 shares.

Legacy Reserves LP acquires and develops oil and natural gas properties primarily in the Permian Basin, East Texas, Rocky Mountain, and Mid-Continent regions of the United States. The company has market cap of $379.86 million. As of December 31, 2016, the firm owned interests in producing oil and natural gas properties in 627 fields comprising 10,775 gross productive wells, including 3,799 operated and 6,976 non-operated wells located in the Permian Basin, East Texas, Piceance Basin of Colorado, Texas Panhandle, Wyoming, North Dakota, Montana, Oklahoma, and other states. It currently has negative earnings. It had proved reserves of approximately 144.8 million barrels of crude oil equivalent.

The stock increased 10.51% or $0.47 during the last trading session, reaching $4.94. About 1.70M shares traded or 199.15% up from the average. Legacy Reserves LP (NASDAQ:LGCY) has declined 15.20% since March 27, 2017 and is downtrending. It has underperformed by 31.90% the S&P500.

Among 11 analysts covering Legacy Reserves (NASDAQ:LGCY), 0 have Buy rating, 5 Sell and 6 Hold. Therefore 0 are positive. Legacy Reserves has $13 highest and $0.50 lowest target. $5.22’s average target is 5.67% above currents $4.94 stock price. Legacy Reserves had 23 analyst reports since August 7, 2015 according to SRatingsIntel. Bank of America downgraded the shares of LGCY in report on Wednesday, October 21 to “Underperform” rating. As per Thursday, June 8, the company rating was downgraded by Stifel Nicolaus. The firm has “Buy” rating by Wunderlich given on Friday, August 7. Stifel Nicolaus maintained Legacy Reserves LP (NASDAQ:LGCY) on Thursday, July 13 with “Sell” rating. As per Monday, December 7, the company rating was downgraded by Stifel Nicolaus. RBC Capital Markets maintained the stock with “Sector Perform” rating in Friday, August 7 report. The stock has “Hold” rating by Wunderlich on Wednesday, October 14. The stock has “Hold” rating by Stifel Nicolaus on Wednesday, October 26. On Wednesday, November 18 the stock rating was maintained by FBR Capital with “Outperform”. Citigroup maintained Legacy Reserves LP (NASDAQ:LGCY) on Thursday, September 29 with “Neutral” rating.

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