BV Financial (NASDAQ:BVFL) Lowered to "Sell" Rating by Wall Street Zen

BV Financial (NASDAQ:BVFL - Get Free Report) was downgraded by analysts at Wall Street Zen from a "hold" rating to a "sell" rating in a research note issued on Friday.

BV Financial Stock Performance

BVFL opened at $15.76 on Friday. The firm's fifty day simple moving average is $15.28 and its two-hundred day simple moving average is $15.43. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.08. The company has a market cap of $165.95 million, a price-to-earnings ratio of 15.30 and a beta of 0.49. BV Financial has a 52-week low of $13.01 and a 52-week high of $18.19.

BV Financial (NASDAQ:BVFL - Get Free Report) last posted its quarterly earnings results on Thursday, July 17th. The company reported $0.38 earnings per share for the quarter. The firm had revenue of $9.87 million for the quarter. BV Financial had a net margin of 21.08% and a return on equity of 6.56%.

Insider Activity

In other news, Director Joseph S. Galli sold 3,454 shares of the firm's stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $15.92, for a total value of $54,987.68. Following the transaction, the director directly owned 1,559 shares of the company's stock, valued at approximately $24,819.28. This trade represents a 68.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Chairman Gary T. Amereihn sold 1,684 shares of the firm's stock in a transaction dated Thursday, May 29th. The stock was sold at an average price of $15.65, for a total transaction of $26,354.60. Following the completion of the transaction, the chairman directly owned 19,485 shares in the company, valued at approximately $304,940.25. This represents a 7.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 14,855 shares of company stock worth $235,242. Insiders own 11.79% of the company's stock.

Hedge Funds Weigh In On BV Financial

A number of institutional investors have recently bought and sold shares of BVFL. Truffle Hound Capital LLC purchased a new position in BV Financial during the fourth quarter worth about $2,583,000. Arrowstreet Capital Limited Partnership raised its stake in BV Financial by 267.9% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 97,885 shares of the company's stock worth $1,686,000 after purchasing an additional 71,279 shares during the period. Covestor Ltd raised its stake in BV Financial by 20.3% during the fourth quarter. Covestor Ltd now owns 4,817 shares of the company's stock worth $83,000 after purchasing an additional 814 shares during the period. Barclays PLC raised its stake in BV Financial by 139.3% during the fourth quarter. Barclays PLC now owns 8,094 shares of the company's stock worth $139,000 after purchasing an additional 4,712 shares during the period. Finally, Fourthstone LLC increased its position in shares of BV Financial by 4.3% during the fourth quarter. Fourthstone LLC now owns 592,370 shares of the company's stock valued at $10,201,000 after acquiring an additional 24,592 shares during the last quarter. 42.65% of the stock is owned by hedge funds and other institutional investors.

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.

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