Ritholtz Wealth Management Grows Stock Position in Evans Bancorp Inc (NYSE:EVBN)

Ritholtz Wealth Management increased its holdings in Evans Bancorp Inc (NYSE:EVBN) by 25.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,022 shares of the company’s stock after buying an additional 1,417 shares during the quarter. Ritholtz Wealth Management’s holdings in Evans Bancorp were worth $304,000 at the end of the most recent reporting period.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on shares of Evans Bancorp in a report on Monday. They set a “hold” rating for the company.

Evans Bancorp Stock Performance

NYSE:EVBN opened at $43.92 on Wednesday. The firm has a market capitalization of $243.32 million, a PE ratio of 13.19 and a beta of 0.92. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.86. Evans Bancorp Inc has a one year low of $24.07 and a one year high of $46.21.

Evans Bancorp Company Profile

Evans Bancorp, Inc primarily operates as the financial holding company for Evans Bank, N.A. that provides a range of banking products and services to consumer and commercial customers in Western New York and the Finger Lakes Region of New York State. It operates in two segments, Banking Activities and Insurance Agency Activities.