BV Financial (NASDAQ:BVFL) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of BV Financial (NASDAQ:BVFL) from a sell rating to a hold rating in a report issued on Saturday morning.

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of BV Financial in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, BV Financial has a consensus rating of “Hold”.

BV Financial Price Performance

BV Financial stock opened at $15.16 on Friday. BV Financial has a one year low of $13.53 and a one year high of $18.19. The business has a fifty day moving average price of $16.27 and a 200-day moving average price of $15.59. The firm has a market capitalization of $150.69 million, a P/E ratio of 14.72 and a beta of 0.46.

BV Financial (NASDAQ:BVFL) last posted its quarterly earnings results on Thursday, July 17th. The company reported $0.38 EPS for the quarter. BV Financial had a return on equity of 6.59% and a net margin of 21.08%.The firm had revenue of $9.87 million during the quarter.

Insider Activity

In related news, Director Joseph S. Galli sold 15,250 shares of the stock in a transaction on Wednesday, July 23rd. The stock was sold at an average price of $16.17, for a total value of $246,592.50. Following the sale, the director owned 81,309 shares in the company, valued at approximately $1,314,766.53. This trade represents a 15.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 11.79% of the company’s stock.

Institutional Investors Weigh In On BV Financial

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Nisa Investment Advisors LLC purchased a new stake in shares of BV Financial in the second quarter worth $25,000. Police & Firemen s Retirement System of New Jersey purchased a new stake in BV Financial during the second quarter valued at about $30,000. Bank of America Corp DE raised its position in BV Financial by 4,353.0% during the second quarter. Bank of America Corp DE now owns 3,696 shares of the company’s stock valued at $56,000 after purchasing an additional 3,613 shares in the last quarter. JPMorgan Chase & Co. purchased a new stake in BV Financial during the second quarter valued at about $63,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in BV Financial during the second quarter valued at about $72,000. Hedge funds and other institutional investors own 42.65% of the company’s stock.

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.