Wall Street Zen Downgrades BV Financial (NASDAQ:BVFL) to Sell

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

BV Financial Price Performance

Shares of BV Financial stock traded up $0.12 during trading on Friday, hitting $16.06. The stock had a trading volume of 83,216 shares, compared to its average volume of 104,381. The firm has a market cap of $169.11 million, a price-to-earnings ratio of 12.45 and a beta of 0.49. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.08. BV Financial has a 12 month low of $13.01 and a 12 month high of $18.19. The business's 50-day moving average is $15.29 and its 200 day moving average is $15.38.

BV Financial (NASDAQ:BVFL - Get Free Report) last announced its earnings results on Thursday, July 17th. The company reported $0.38 EPS 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 at BV Financial

In related news, Director Joseph S. Galli sold 3,454 shares of the 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 completion of the transaction, the director owned 1,559 shares of the company's stock, valued at approximately $24,819.28. This trade represents a 68.90% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman Gary T. Amereihn sold 1,684 shares of the 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 sale, the chairman directly owned 19,485 shares in the company, valued at $304,940.25. This trade represents a 7.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 14,855 shares of company stock worth $235,242 over the last quarter. Insiders own 11.79% of the company's stock.

Institutional Trading of BV Financial

Several institutional investors and hedge funds have recently modified their holdings of the stock. Truffle Hound Capital LLC purchased a new stake in shares of BV Financial in the fourth quarter valued at approximately $2,583,000. Arrowstreet Capital Limited Partnership grew its stake in shares of BV Financial by 267.9% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 97,885 shares of the company's stock valued at $1,686,000 after buying an additional 71,279 shares during the period. Covestor Ltd grew its stake in shares of BV Financial by 20.3% in the 4th quarter. Covestor Ltd now owns 4,817 shares of the company's stock valued at $83,000 after buying an additional 814 shares during the period. Barclays PLC lifted its stake in BV Financial by 139.3% during the 4th quarter. Barclays PLC now owns 8,094 shares of the company's stock worth $139,000 after acquiring an additional 4,712 shares in the last quarter. Finally, Fourthstone LLC increased its holdings in BV Financial by 4.3% during the 4th quarter. Fourthstone LLC now owns 592,370 shares of the company's stock worth $10,201,000 after purchasing an additional 24,592 shares during the period. Institutional investors own 42.65% of the company's stock.

About BV Financial

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.