BV Financial (NASDAQ:BVFL) Upgraded by Wall Street Zen to "Buy" Rating

Key Points

• Wall Street Zen upgraded BV Financial (NASDAQ:BVFL) from a "hold" to a "buy" rating, though Weiss Ratings still has it at "hold (c+)" and the MarketBeat consensus remains Hold.
• Director Joseph S. Galli sold 6,000 shares at an average price of $20.13 on April 28, reducing his position by 12.67%; company insiders collectively own 15.69% of the stock.
• BV Financial has a market cap of about $171.2 million, a P/E of 14.07 and a 12‑month range of $14.05–$20.54, with institutional investors holding 42.65% after several recent fund purchases.

BV Financial (NASDAQ:BVFL - Get Free Report) was upgraded by stock analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a research report issued on Saturday.

Separately, Weiss Ratings reissued a "hold (c+)" rating on shares of BV Financial in a research report on Friday, March 27th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold".

BV Financial Stock Down 0.1%

Shares of BV Financial stock opened at $19.56 on Friday. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.19. The company's fifty day simple moving average is $19.34 and its two-hundred day simple moving average is $18.50. The company has a market cap of $171.15 million, a P/E ratio of 14.07 and a beta of 0.32. BV Financial has a 12-month low of $14.05 and a 12-month high of $20.54.

Insider Activity at BV Financial

In other news, Director Joseph S. Galli sold 6,000 shares of the business's stock in a transaction on Tuesday, April 28th. The shares were sold at an average price of $20.13, for a total transaction of $120,780.00. Following the sale, the director owned 41,341 shares in the company, valued at approximately $832,194.33. The trade was a 12.67% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 15.69% of the company's stock.

Institutional Trading of BV Financial

Hedge funds have recently modified their holdings of the business. Empowered Funds LLC boosted its holdings in shares of BV Financial by 11.8% during the 4th quarter. Empowered Funds LLC now owns 18,747 shares of the company's stock valued at $340,000 after buying an additional 1,983 shares in the last quarter. Bridgeway Capital Management LLC bought a new stake in shares of BV Financial during the 3rd quarter valued at $319,000. Bank of America Corp DE boosted its holdings in shares of BV Financial by 397.5% during the 3rd quarter. Bank of America Corp DE now owns 18,387 shares of the company's stock valued at $296,000 after buying an additional 14,691 shares in the last quarter. Marshall Wace LLP bought a new stake in shares of BV Financial during the 2nd quarter valued at $207,000. Finally, Two Sigma Investments LP bought a new stake in shares of BV Financial during the 3rd quarter valued at $196,000. 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.

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