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Panagora Asset Management Inc. acquired a new position in shares of Independent Bank Corp. (NASDAQ:INDB – Free Report) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 166,112 shares of the bank’s stock, valued at approximately $8,154,000. Panagora Asset Management Inc. owned about […]
Panagora Asset Management Inc. acquired a new stake in shares of Independent Bank Corp. (NASDAQ:INDB – Free Report) during the third quarter, HoldingsChannel reports. The firm acquired 166,112 shares of the bank’s stock, valued at approximately $8,154,000. A number of other hedge funds and other institutional investors have also modified their holdings of the stock. […]
Independent Bank Corp. (NASDAQ:INDB – Get Free Report) has been given a consensus rating of “Hold” by the two ratings firms that are presently covering the stock, MarketBeat reports. Two analysts have rated the stock with a hold rating. The average 1-year target price among brokerages that have issued ratings on the stock in the […]
Independent Bank (NASDAQ:INDB – Get Free Report) and SVB Financial Group (OTCMKTS:SIVPQ – Get Free Report) are both financial services companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, institutional ownership, earnings, valuation, profitability, analyst recommendations and risk. Profitability This table compares Independent Bank […]
Independent Bank Corp. (NASDAQ:INDB – Get Free Report) announced a quarterly dividend on Thursday, December 14th, Zacks reports. Investors of record on Tuesday, December 26th will be given a dividend of 0.55 per share by the bank on Friday, January 5th. This represents a $2.20 annualized dividend and a dividend yield of 3.34%. The ex-dividend […]