William Penn Bancorporation (NASDAQ:WMPN) Shares Sold by Wittenberg Investment Management Inc.

Wittenberg Investment Management Inc. lowered its stake in shares of William Penn Bancorporation (NASDAQ:WMPN) by 55.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 12,219 shares of the company’s stock after selling 14,905 shares during the period. Wittenberg Investment Management Inc.’s holdings in William Penn Bancorporation were worth $147,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. MassMutual Private Wealth & Trust FSB acquired a new position in William Penn Bancorporation in the 4th quarter valued at about $179,000. Raymond James Financial Inc. purchased a new stake in shares of William Penn Bancorporation during the 4th quarter valued at approximately $326,000. Gardner Lewis Asset Management L P purchased a new stake in shares of William Penn Bancorporation during the 4th quarter valued at approximately $2,827,000. Finally, Alliancebernstein L.P. acquired a new position in William Penn Bancorporation in the fourth quarter valued at approximately $5,047,000. 31.18% of the stock is currently owned by hedge funds and other institutional investors.

William Penn Bancorporation Price Performance

WMPN stock opened at $10.14 on Friday. William Penn Bancorporation has a 52-week low of $10.10 and a 52-week high of $13.87. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.24. The stock has a market cap of $93.37 million, a price-to-earnings ratio of -84.49 and a beta of 0.03. The business has a fifty day moving average of $11.74 and a two-hundred day moving average of $12.21.

William Penn Bancorporation (NASDAQ:WMPN) last released its quarterly earnings results on Wednesday, January 15th. The company reported ($0.09) earnings per share for the quarter. William Penn Bancorporation had a negative return on equity of 0.65% and a negative net margin of 2.90%.

William Penn Bancorporation Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, January 27th were paid a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date was Monday, January 27th. William Penn Bancorporation’s dividend payout ratio (DPR) is -100.00%.

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, savings and club, and individual retirement accounts.