Hanover Bancorp Ownership
| HNVR Stock | USD 23.74 1.73 6.79% |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
Hanover |
Hanover Stock Ownership Analysis
About 31.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.9. Some equities with similar Price to Book (P/B) outperform the market in the long run. Hanover Bancorp last dividend was issued on the 6th of November 2024. Hanover Bancorp, Inc. operates as the bank holding company for Hanover Community Bank that provides banking products and services for small and medium-sized businesses, municipalities, and individuals in the New York metro area. The company was founded in 2008 and is headquartered in Mineola, New York. Hanover Bancorp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 136 people. To learn more about Hanover Bancorp call Michael CPA at 516 548 8500 or check out https://www.hanoverbank.com.Besides selling stocks to institutional investors, Hanover Bancorp also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Hanover Bancorp's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Hanover Bancorp's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
Hanover Bancorp Quarterly Liabilities And Stockholders Equity |
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Hanover Bancorp Insider Trades History
About 31.0% of Hanover Bancorp are currently held by insiders. Unlike Hanover Bancorp's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Hanover Bancorp's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Hanover Bancorp's insider trades
Hanover Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Hanover Bancorp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Hanover Bancorp backward and forwards among themselves. Hanover Bancorp's institutional investor refers to the entity that pools money to purchase Hanover Bancorp's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Blackrock Inc | 2024-06-30 | 13.6 K | Citigroup Inc | 2024-09-30 | 1.5 K | Barclays Plc | 2024-09-30 | 823 | U.s. Bancorp | 2024-06-30 | 300 | Capital Advisors, Ltd. Llc | 2024-09-30 | 100.0 | Bank Of America Corp | 2024-09-30 | 37.0 | Wells Fargo & Co | 2024-09-30 | 1.0 | Royal Bank Of Canada | 2024-09-30 | 0.0 | Tower Research Capital Llc | 2024-09-30 | 0.0 | Alliancebernstein L.p. | 2024-09-30 | 566.4 K | Banc Funds Co Llc | 2024-09-30 | 228.4 K |
Hanover Bancorp Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Hanover Bancorp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Hanover Bancorp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Hanover Bancorp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Hanover Bancorp Outstanding Bonds
Hanover Bancorp issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Hanover Bancorp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Hanover bonds can be classified according to their maturity, which is the date when Hanover Bancorp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View |
Hanover Bancorp Corporate Filings
F4 | 11th of December 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
| 15th of November 2024 Other Reports | ViewVerify | |
10Q | 13th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 23rd of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Pair Trading with Hanover Bancorp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Hanover Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Hanover Bancorp will appreciate offsetting losses from the drop in the long position's value.Moving together with Hanover Stock
| 0.79 | AX | Axos Financial | PairCorr |
| 0.82 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.79 | PB | Prosperity Bancshares Fiscal Year End 22nd of January 2025 | PairCorr |
Moving against Hanover Stock
| 0.87 | CFG-PE | Citizens Financial | PairCorr |
| 0.84 | TFC-PO | Truist Financial | PairCorr |
| 0.83 | TFC-PR | Truist Financial | PairCorr |
| 0.69 | NU | Nu Holdings | PairCorr |
| 0.59 | WF | Woori Financial Group | PairCorr |
The ability to find closely correlated positions to Hanover Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hanover Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hanover Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Hanover Bancorp to buy it.
The correlation of Hanover Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hanover Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hanover Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Hanover Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Hanover Stock Analysis
When running Hanover Bancorp's price analysis, check to measure Hanover Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hanover Bancorp is operating at the current time. Most of Hanover Bancorp's value examination focuses on studying past and present price action to predict the probability of Hanover Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hanover Bancorp's price. Additionally, you may evaluate how the addition of Hanover Bancorp to your portfolios can decrease your overall portfolio volatility.