BidaskClub upgraded shares of Bear State Financial (NASDAQ:BSF) from a strong sell rating to a sell rating in a research report released on Monday.
Shares of Bear State Financial (BSF) opened at $10.22 on Monday. The company has a debt-to-equity ratio of 1.49, a quick ratio of 1.11 and a current ratio of 1.11. The firm has a market cap of $387.12, a PE ratio of 18.58 and a beta of 1.22. Bear State Financial has a 12 month low of $8.66 and a 12 month high of $10.37.
The business also recently declared a quarterly dividend, which will be paid on Thursday, February 15th. Stockholders of record on Thursday, February 1st will be issued a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.17%. The ex-dividend date is Wednesday, January 31st. Bear State Financial’s payout ratio is presently 21.82%.
Hedge funds and other institutional investors have recently made changes to their positions in the company. Alliancebernstein L.P. purchased a new stake in shares of Bear State Financial during the 2nd quarter valued at about $109,000. Rhumbline Advisers boosted its holdings in shares of Bear State Financial by 21.3% during the 2nd quarter. Rhumbline Advisers now owns 21,500 shares of the financial services provider’s stock valued at $203,000 after acquiring an additional 3,775 shares during the last quarter. New York State Common Retirement Fund boosted its holdings in shares of Bear State Financial by 86.1% during the 2nd quarter. New York State Common Retirement Fund now owns 22,700 shares of the financial services provider’s stock valued at $215,000 after acquiring an additional 10,499 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in shares of Bear State Financial by 51.0% during the 3rd quarter. Wells Fargo & Company MN now owns 22,956 shares of the financial services provider’s stock valued at $236,000 after acquiring an additional 7,753 shares during the last quarter. Finally, Gabelli Funds LLC purchased a new stake in shares of Bear State Financial during the 3rd quarter valued at about $267,000. 12.02% of the stock is currently owned by hedge funds and other institutional investors.
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About Bear State Financial
Bear State Financial, Inc is a bank holding company. The Company’s subsidiary Bear State Bank, N.A. (the Bank) is a community-oriented financial institution, which offers a range of retail and business deposit accounts, including noninterest bearing and interest bearing checking accounts, savings and money market accounts, certificates of deposit and individual retirement accounts.
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