Clark Estates Incny Exits Position in Horizon Bancorp (HBNC)

Horizon Bancorp (HBNC) : Clark Estates Incny has sold out all of its stake in Horizon Bancorp during the most recent quarter, according to the disclosure filed by the company on Aug 1, 2016 with the SEC. The investment management company has sold out 15,508 shares of Horizon Bancorp which is valued at $418,716.

Other Hedge Funds, Including , Tradition Capital Management reduced its stake in HBNC by selling 1,685 shares or 2.11% in the most recent quarter. The Hedge Fund company now holds 78,249 shares of HBNC which is valued at $2,112,723. Horizon Bancorp makes up approx 0.69% of Tradition Capital Management’s portfolio.1st Source Bank reduced its stake in HBNC by selling 27,405 shares or 12.65% in the most recent quarter. The Hedge Fund company now holds 189,199 shares of HBNC which is valued at $5,206,756. Horizon Bancorp makes up approx 0.57% of 1st Source Bank’s portfolio. Deprince Race Zollo Inc added HBNC to its portfolio by purchasing 51,808 company shares during the most recent quarter which is valued at $1,386,900. Horizon Bancorp makes up approx 0.03% of Deprince Race Zollo Inc’s portfolio.Thomson Horstmann Bryant Inc reduced its stake in HBNC by selling 51,730 shares or 67.86% in the most recent quarter. The Hedge Fund company now holds 24,501 shares of HBNC which is valued at $650,502. Horizon Bancorp makes up approx 0.08% of Thomson Horstmann Bryant Inc’s portfolio. Bnp Paribas Arbitrage Sa added HBNC to its portfolio by purchasing 442 company shares during the most recent quarter which is valued at $11,377.

Horizon Bancorp closed down -0.24 points or -0.89% at $26.76 with 19,725 shares getting traded on Thursday. Post opening the session at $27.11, the shares hit an intraday low of $26.74 and an intraday high of $27.11 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

Horizon Bancorp is a bank holding company. The Company provides a range of banking services in Northwestern and Central Indiana and Southwestern Michigan through its bank subsidiary Horizon Bank N.A. (the Bank) and other affiliated entities and Horizon Risk Management Inc. The Bank is a full-service commercial bank offering commercial and retail banking services corporate and individual trust and agency services and other services incident to banking. Horizon Risk Management Inc. is a captive insurance company. As of December 31 2014 the Bank had total assets of $2.08 billion and total deposits of $1.48 billion. The Bank’s investment securities totaled $489.5 million as of December 31 2014 and included Treasury and federal agency securities state and municipal securities federal agency mortgage-backed pools federal agency collateralized mortgage obligations private label mortgage-backed pools and corporate securities.

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