BV Financial's (BVFL) Hold (C) Rating Reaffirmed at Weiss Ratings

Key Points

• Weiss Ratings reaffirmed BV Financial's stock rating as "hold (c)", while Wall Street Zen downgraded it from "hold" to "sell".
• BV Financial's stock price rose by 0.9%, closing at $16.49, with an average trading volume significantly higher than usual.
• The company reported $0.49 EPS with a revenue of $10.03 million for the latest quarter, indicating a healthy net margin of 20.80%.

BV Financial (NASDAQ:BVFL - Get Free Report)'s stock had its "hold (c)" rating reissued by Weiss Ratings in a note issued to investors on Friday,Weiss Ratings reports.

Separately, Wall Street Zen downgraded BV Financial from a "hold" rating to a "sell" rating in a research note on Sunday, October 19th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, BV Financial has an average rating of "Hold".

BV Financial Stock Up 0.9%

BVFL stock traded up $0.15 during midday trading on Friday, hitting $16.49. The company's stock had a trading volume of 209,393 shares, compared to its average volume of 38,811. BV Financial has a 12 month low of $13.53 and a 12 month high of $18.19. The firm has a market capitalization of $163.89 million, a price-to-earnings ratio of 15.13 and a beta of 0.46. The company has a 50 day moving average of $16.24 and a two-hundred day moving average of $15.63.

BV Financial (NASDAQ:BVFL - Get Free Report) last posted its quarterly earnings results on Friday, October 17th. The company reported $0.49 earnings per share for the quarter. BV Financial had a return on equity of 7.02% and a net margin of 20.80%.The business had revenue of $10.03 million during the quarter.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Nisa Investment Advisors LLC bought a new position in shares of BV Financial during the 2nd quarter valued at approximately $25,000. Police & Firemen s Retirement System of New Jersey bought a new position in shares of BV Financial during the 2nd quarter valued at approximately $30,000. Bank of America Corp DE boosted its position in shares of BV Financial by 4,353.0% during the 2nd quarter. Bank of America Corp DE now owns 3,696 shares of the company's stock valued at $56,000 after acquiring an additional 3,613 shares during the last quarter. JPMorgan Chase & Co. bought a new position in shares of BV Financial during the 2nd quarter valued at approximately $63,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of BV Financial during the 2nd quarter valued at approximately $72,000. 42.65% of the stock is currently owned by 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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