Citigroup Inc. Takes Position in William Penn Bancorporation (NASDAQ:WMPN)

Citigroup Inc. acquired a new stake in shares of William Penn Bancorporation (NASDAQ:WMPN) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 2,899 shares of the company’s stock, valued at approximately $36,000.

Other institutional investors also recently bought and sold shares of the company. Qube Research & Technologies Ltd purchased a new stake in William Penn Bancorporation during the third quarter worth $33,000. Barclays PLC purchased a new stake in shares of William Penn Bancorporation during the 3rd quarter worth $151,000. Captrust Financial Advisors purchased a new stake in shares of William Penn Bancorporation during the 2nd quarter worth $136,000. BlackRock Inc. boosted its position in William Penn Bancorporation by 101.6% during the second quarter. BlackRock Inc. now owns 62,334 shares of the company’s stock valued at $633,000 after purchasing an additional 31,410 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in William Penn Bancorporation by 1.2% in the second quarter. Geode Capital Management LLC now owns 109,364 shares of the company’s stock valued at $1,110,000 after purchasing an additional 1,317 shares during the last quarter. 31.18% of the stock is owned by hedge funds and other institutional investors.

William Penn Bancorporation Price Performance

Shares of WMPN opened at $12.43 on Wednesday. The company has a 50 day moving average of $12.24 and a two-hundred day moving average of $12.25. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.44. William Penn Bancorporation has a twelve month low of $8.77 and a twelve month high of $12.96. The company has a market cap of $118.71 million, a price-to-earnings ratio of 155.39 and a beta of -0.02.

William Penn Bancorporation (NASDAQ:WMPN) last issued its quarterly earnings data on Wednesday, January 17th. The company reported ($0.02) EPS for the quarter. William Penn Bancorporation had a net margin of 2.65% and a return on equity of 0.61%. The business had revenue of $5.04 million for the quarter, compared to analysts’ expectations of $5.27 million.

William Penn Bancorporation Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 8th. Shareholders of record on Monday, January 29th were issued a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 0.97%. The ex-dividend date was Friday, January 26th. William Penn Bancorporation’s dividend payout ratio is presently 150.02%.

Analyst Upgrades and Downgrades

Separately, Piper Sandler increased their price target on shares of William Penn Bancorporation from $13.00 to $14.00 and gave the company an “overweight” rating in a research report on Friday, January 19th.

About William Penn Bancorporation

William Penn Bancorporation operates as the holding company for William Penn Bank that provides retail and commercial banking products and related financial services in the United States. The company offers time, savings, money market, and demand deposits; certificates of deposit; and non-interest bearing and interest-bearing checking, as well as money market, NOW, savings and club, and individual retirement accounts.