BV Financial (NASDAQ:BVFL) Trading at $20.81

Key Points

• BV Financial shares traded at $20.81, near their session high of $21.00, while volume fell 17% below the average.
• Analyst sentiment is positive: recent ratings upgrades helped support an overall “Buy” consensus, though only one analyst currently covers the stock.
• The company reported quarterly EPS of $0.47 on $10.01 million in revenue, with a 25.01% net margin; institutional investors own 42.65% of outstanding shares.

Shares of BV Financial, Inc. (NASDAQ:BVFL - Get Free Report) shot up 0% during trading on Thursday. The company traded as high as $21.00 and last traded at $20.81. Approximately 16,685 shares traded hands during trading, a decline of 17% from the average session volume of 20,102 shares. The stock had previously closed at $20.80.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. Wall Street Zen upgraded BV Financial from a "sell" rating to a "hold" rating in a report on Saturday, August 8th. Weiss Ratings upgraded BV Financial from a "buy (b-)" rating to a "buy (b)" rating in a research note on Monday, August 31st. One analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has an average rating of "Buy".

BV Financial Price Performance

The company has a market cap of $176.26 million, a PE ratio of 13.69 and a beta of 0.28. The company has a 50-day moving average price of $21.22 and a two-hundred day moving average price of $20.41.

BV Financial (NASDAQ:BVFL - Get Free Report) last announced its earnings results on Friday, July 24th. The company reported $0.47 EPS for the quarter. The business had revenue of $10.01 million for the quarter. BV Financial had a return on equity of 9.31% and a net margin of 25.01%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in BVFL. Dimensional Fund Advisors LP boosted its stake in shares of BV Financial by 4.7% in the first quarter. Dimensional Fund Advisors LP now owns 120,933 shares of the company's stock valued at $2,315,000 after purchasing an additional 5,428 shares during the period. Hsbc Holdings PLC increased its stake in BV Financial by 68.3% during the 1st quarter. Hsbc Holdings PLC now owns 37,923 shares of the company's stock worth $733,000 after buying an additional 15,384 shares during the period. Saber Capital Managment LLC acquired a new position in BV Financial in the 4th quarter worth $622,000. Bank of America Corp DE boosted its position in BV Financial by 10.4% in the 1st quarter. Bank of America Corp DE now owns 23,771 shares of the company's stock valued at $455,000 after buying an additional 2,236 shares during the last quarter. Finally, Bank of New York Mellon Corp purchased a new position in BV Financial in the 2nd quarter valued at about $418,000. 42.65% of the stock is owned by institutional investors and hedge funds.

About BV Financial

BV Financial, Inc NASDAQ: BVFL is a bank holding company for BayVanguard Bank, a community-focused financial institution headquartered in Maryland. The bank provides banking and financial services to individuals, families, businesses and organizations in the communities it serves.

BayVanguard Bank offers deposit products that include checking and savings accounts, money market accounts and certificates of deposit. Its lending activities include residential and commercial real estate loans, home equity financing, commercial and industrial loans, and consumer loans.

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