Schonfeld Strategic Advisors LLC Makes New Investment in BV Financial, Inc. (NASDAQ:BVFL)

Schonfeld Strategic Advisors LLC acquired a new stake in BV Financial, Inc. (NASDAQ:BVFL - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund acquired 24,312 shares of the company's stock, valued at approximately $419,000. Schonfeld Strategic Advisors LLC owned 0.21% of BV Financial as of its most recent filing with the SEC.

Several other institutional investors have also added to or reduced their stakes in the business. Truffle Hound Capital LLC purchased a new position in shares of BV Financial in the fourth quarter worth about $2,583,000. Susquehanna International Group LLP boosted its holdings in BV Financial by 214.4% in the 4th quarter. Susquehanna International Group LLP now owns 148,007 shares of the company's stock worth $2,549,000 after buying an additional 100,936 shares during the period. Arrowstreet Capital Limited Partnership boosted its holdings in BV Financial by 267.9% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 97,885 shares of the company's stock worth $1,686,000 after buying an additional 71,279 shares during the period. Fourthstone LLC grew its stake in BV Financial by 4.3% in the 4th quarter. Fourthstone LLC now owns 592,370 shares of the company's stock valued at $10,201,000 after buying an additional 24,592 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in BV Financial by 57.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 46,504 shares of the company's stock valued at $801,000 after acquiring an additional 16,997 shares during the period. 42.65% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Joseph S. Galli sold 3,454 shares of the business's stock in a transaction on Monday, May 12th. The shares were sold at an average price of $15.92, for a total transaction of $54,987.68. Following the completion of the transaction, the director now directly owns 1,559 shares in the company, valued at $24,819.28. The trade was a 68.90% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders have sold a total of 6,254 shares of company stock worth $99,589 over the last ninety days. Company insiders own 11.79% of the company's stock.

BV Financial Price Performance

Shares of NASDAQ:BVFL traded up $0.21 during trading on Friday, hitting $15.85. 3,670 shares of the company were exchanged, compared to its average volume of 25,089. BV Financial, Inc. has a 52-week low of $10.47 and a 52-week high of $18.19. The stock has a 50 day moving average of $15.08 and a 200 day moving average of $15.88. The company has a market cap of $167.91 million, a PE ratio of 14.54 and a beta of 0.63.

BV Financial (NASDAQ:BVFL - Get Free Report) last released its quarterly earnings data on Thursday, April 17th. The company reported $0.30 earnings per share (EPS) for the quarter. BV Financial had a return on equity of 6.09% and a net margin of 23.83%. The company had revenue of $9.17 million for the quarter.

BV Financial Company Profile

BV Financial, Inc operates as the holding company for BayVanguard Bank that provides various financial services to individuals and businesses in Maryland. The company offers checking and money market accounts, savings accounts, and certificates of deposits. Its loan products include real estate, home equity, construction, lot, auto, boat, and other personal loans; and commercial lending products, such as commercial equipment/installation, commercial real estate, construction, investment real estate, lines of credit, and SBA loans, as well as loans for short-term real estate purchase, renovation, and sale projects.