BV Financial (NASDAQ:BVFL) Stock Price Down 0.5% – Here’s Why

BV Financial, Inc. (NASDAQ:BVFLGet Free Report) traded down 0.5% during trading on Monday . The company traded as low as $20.78 and last traded at $21.24. 8,033 shares traded hands during trading, a decline of 31% from the average daily volume of 11,601 shares. The stock had previously closed at $21.35.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on BVFL shares. Wall Street Zen upgraded shares of BV Financial from a “sell” rating to a “hold” rating in a report on Saturday, August 8th. Weiss Ratings upgraded shares of BV Financial from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, July 13th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, BV Financial has an average rating of “Buy”.

Get Our Latest Research Report on BV Financial

BV Financial Stock Down 0.5%

The stock has a market cap of $179.90 million, a price-to-earnings ratio of 13.97 and a beta of 0.28. The stock has a fifty day moving average of $21.27 and a two-hundred day moving average of $20.16.

BV Financial (NASDAQ:BVFLGet Free Report) last announced its quarterly earnings results on Friday, July 24th. The company reported $0.47 EPS for the quarter. The company had revenue of $10.01 million during the quarter. BV Financial had a return on equity of 9.31% and a net margin of 25.01%.

Insider Transactions at BV Financial

In related news, Director Joseph S. Galli sold 3,080 shares of the stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $19.82, for a total transaction of $61,045.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Over the last three months, insiders have sold 19,376 shares of company stock worth $384,679. 15.69% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On BV Financial

Institutional investors have recently bought and sold shares of the business. California State Teachers Retirement System raised its stake in shares of BV Financial by 418.4% in the 2nd quarter. California State Teachers Retirement System now owns 1,970 shares of the company’s stock valued at $42,000 after acquiring an additional 1,590 shares during the period. Bank of New York Mellon Corp purchased a new stake in BV Financial during the 2nd quarter worth $418,000. Bank of America Corp DE increased its holdings in BV Financial by 10.4% in the 1st quarter. Bank of America Corp DE now owns 23,771 shares of the company’s stock valued at $455,000 after purchasing an additional 2,236 shares in the last quarter. Empowered Funds LLC increased its holdings in BV Financial by 9.7% in the 1st quarter. Empowered Funds LLC now owns 20,571 shares of the company’s stock valued at $394,000 after purchasing an additional 1,824 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its position in BV Financial by 4.7% in the first quarter. Dimensional Fund Advisors LP now owns 120,933 shares of the company’s stock valued at $2,315,000 after purchasing an additional 5,428 shares during the period. 42.65% of the stock is currently owned by hedge funds and other institutional investors.

BV Financial Company Profile

(Get Free Report)

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.

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