Nisa Investment Advisors LLC Decreases Stock Position in The Bank of N.T. Butterfield & Son Limited (NYSE:NTB)

Nisa Investment Advisors LLC cut its holdings in The Bank of N.T. Butterfield & Son Limited (NYSE:NTB) by 68.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 700 shares of the bank’s stock after selling 1,554 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Bank of N.T. Butterfield & Son were worth $26,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Capital Performance Advisors LLP bought a new position in shares of Bank of N.T. Butterfield & Son during the third quarter valued at $37,000. Point72 DIFC Ltd lifted its stake in Bank of N.T. Butterfield & Son by 370.1% during the 3rd quarter. Point72 DIFC Ltd now owns 1,368 shares of the bank’s stock valued at $50,000 after acquiring an additional 1,077 shares during the period. Point72 Asset Management L.P. purchased a new stake in shares of Bank of N.T. Butterfield & Son during the 2nd quarter valued at about $63,000. Quarry LP grew its stake in shares of Bank of N.T. Butterfield & Son by 223.7% in the third quarter. Quarry LP now owns 2,564 shares of the bank’s stock worth $95,000 after acquiring an additional 1,772 shares during the period. Finally, Seelaus Asset Management LLC purchased a new position in shares of Bank of N.T. Butterfield & Son during the third quarter valued at approximately $204,000. 62.73% of the stock is currently owned by hedge funds and other institutional investors.

Bank of N.T. Butterfield & Son Stock Down 0.5 %

Shares of Bank of N.T. Butterfield & Son stock opened at $36.65 on Friday. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 0.09. The Bank of N.T. Butterfield & Son Limited has a twelve month low of $28.73 and a twelve month high of $40.55. The company has a market cap of $1.74 billion, a price-to-earnings ratio of 8.16 and a beta of 1.16. The company’s 50 day moving average is $36.92 and its 200 day moving average is $37.20.

About Bank of N.T. Butterfield & Son

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.