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

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

Separately, Weiss Ratings upgraded shares of BV Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, July 13th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy”.

BV Financial Stock Performance

NASDAQ:BVFL opened at $21.43 on Friday. The stock has a 50 day simple moving average of $20.84 and a 200 day simple moving average of $19.91. The stock has a market cap of $185.58 million, a P/E ratio of 14.10 and a beta of 0.28. BV Financial has a 1-year low of $14.60 and a 1-year high of $22.17. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.19.

BV Financial (NASDAQ:BVFL) last issued its quarterly earnings data on Friday, July 24th. The company reported $0.47 EPS for the quarter. The firm had revenue of $10.01 million for the quarter. BV Financial had a return on equity of 9.28% and a net margin of 25.01%.

Insider Buying and Selling

In related news, Director Joseph S. Galli sold 8,122 shares of the company’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $19.84, for a total transaction of $161,140.48. Following the completion of the sale, the director owned 3,080 shares of the company’s stock, valued at $61,107.20. This represents a 72.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders sold a total of 26,043 shares of company stock valued at $517,505 over the last three months. 15.69% of the stock is owned by insiders.

Hedge Funds Weigh In On BV Financial

Hedge funds have recently bought and sold shares of the company. BNP Paribas Financial Markets boosted its position in shares of BV Financial by 105.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,377 shares of the company’s stock worth $38,000 after acquiring an additional 1,220 shares in the last quarter. 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. bought a new stake in BV Financial during the second quarter worth $63,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of BV Financial in the 2nd quarter valued at $72,000. Finally, MetLife Investment Management LLC acquired a new stake in shares of BV Financial in the 4th quarter valued at $95,000. 42.65% of the stock is owned by institutional investors.

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.