Context Bh Capital Management Lp buys $7,879,545 stake in Horizon Bancorp (HBNC)

Horizon Bancorp (HBNC) : Context Bh Capital Management Lp scooped up 103,902 additional shares in Horizon Bancorp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 2, 2016. The investment management firm now holds a total of 291,835 shares of Horizon Bancorp which is valued at $7,879,545.Horizon Bancorp makes up approximately 5.56% of Context Bh Capital Management Lp’s portfolio.

Other Hedge Funds, Including , Amica Retiree Medical Trust boosted its stake in HBNC in the latest quarter, The investment management firm added 4,000 additional shares and now holds a total of 8,935 shares of Horizon Bancorp which is valued at $241,245. Horizon Bancorp makes up approx 0.20% of Amica Retiree Medical Trust’s portfolio.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. Kessler Investment Group sold out all of its stake in HBNC during the most recent quarter. The investment firm sold 8,695 shares of HBNC which is valued $237,287.Chicago Capital Management boosted its stake in HBNC in the latest quarter, The investment management firm added 104,523 additional shares and now holds a total of 161,509 shares of Horizon Bancorp which is valued at $4,447,958. Horizon Bancorp makes up approx 1.61% of Chicago Capital Management’s portfolio.

Horizon Bancorp closed down -0.2 points or -0.73% at $27.22 with 47,837 shares getting traded on Monday. Post opening the session at $27.21, the shares hit an intraday low of $26.97 and an intraday high of $27.46 and the price fluctuated in this range throughout the day.Shares ended Monday 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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