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Sovran Advisors LLC Takes $1.07 Million Position in Dime Community Bancshares, Inc. $DCOM
Sovran Advisors LLC has acquired a new stake of 34,217 shares, valued at $1.07 million, in Dime Community Bancshares (NASDAQ:DCOM) during Q4, representing 0.08% of the company. Analysts have issued an average “Moderate Buy” rating with a consensus price target of $38.00, following several price target upgrades. Despite insider sales totaling approximately $1.83 million, the company surpassed Q4 earnings estimates and declared a quarterly dividend of $0.25 per share.