HV Bancorp (NASDAQ:HVBC) Downgraded by ValuEngine to Sell

ValuEngine downgraded shares of HV Bancorp (NASDAQ:HVBC) from a hold rating to a sell rating in a research report released on Thursday, ValuEngine reports.

Separately, TheStreet raised shares of HV Bancorp from a c rating to a b- rating in a report on Friday, October 18th.

NASDAQ:HVBC traded up $0.03 on Thursday, reaching $17.18. 738 shares of the stock traded hands, compared to its average volume of 1,126. The company has a market capitalization of $38.93 million, a price-to-earnings ratio of 50.44 and a beta of 0.11. The company has a current ratio of 1.10, a quick ratio of 0.96 and a debt-to-equity ratio of 0.98. HV Bancorp has a 12 month low of $14.25 and a 12 month high of $17.25. The company’s fifty day simple moving average is $16.33 and its 200 day simple moving average is $15.10.

HV Bancorp (NASDAQ:HVBC) last released its quarterly earnings data on Friday, November 8th. The financial services provider reported $0.16 earnings per share for the quarter. The business had revenue of $4.28 million during the quarter. HV Bancorp had a net margin of 5.51% and a return on equity of 2.94%.

A hedge fund recently raised its stake in HV Bancorp stock. Vanguard Group Inc. increased its holdings in HV Bancorp Inc (NASDAQ:HVBC) by 3.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 27,288 shares of the financial services provider’s stock after buying an additional 1,000 shares during the quarter. Vanguard Group Inc. owned 1.21% of HV Bancorp worth $399,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 19.34% of the company’s stock.

About HV Bancorp

HV Bancorp, Inc operates as the bank holding company for Huntingdon Valley Bank that provides various financial products and services to individuals and businesses. Its deposit products include NOW, money market, savings, and checking accounts, as well as demand deposits and certificates of deposit; and loan portfolio comprises one-to-four family residential real estate, commercial real estate, home equity, commercial business, construction, and consumer loans, as well as home equity lines of credit.

Further Reading: Cash Flow

To view ValuEngine’s full report, visit ValuEngine’s official website.

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