Saber Capital Managment LLC acquired a new stake in BV Financial, Inc. (NASDAQ:BVFL – Free Report) during the fourth quarter, HoldingsChannel reports. The firm acquired 34,266 shares of the company’s stock, valued at approximately $622,000. BV Financial comprises about 0.5% of Saber Capital Managment LLC’s investment portfolio, making the stock its 24th largest holding.
A number of other hedge funds have also made changes to their positions in the business. Barclays PLC increased its holdings in shares of BV Financial by 2.7% in the 4th quarter. Barclays PLC now owns 29,203 shares of the company’s stock valued at $530,000 after acquiring an additional 781 shares during the last quarter. Wells Fargo & Company MN increased its holdings in shares of BV Financial by 40.8% in the 4th quarter. Wells Fargo & Company MN now owns 9,113 shares of the company’s stock valued at $165,000 after acquiring an additional 2,642 shares during the last quarter. MetLife Investment Management LLC purchased a new position in shares of BV Financial in the 4th quarter valued at about $95,000. Dimensional Fund Advisors LP increased its holdings in shares of BV Financial by 7.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 115,505 shares of the company’s stock valued at $2,095,000 after acquiring an additional 7,812 shares during the last quarter. Finally, Empowered Funds LLC increased its holdings in shares of BV Financial by 11.8% in the 4th quarter. Empowered Funds LLC now owns 18,747 shares of the company’s stock valued at $340,000 after acquiring an additional 1,983 shares during the last quarter. Hedge funds and other institutional investors own 42.65% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research analysts have recently commented on the company. Wall Street Zen downgraded BV Financial from a “hold” rating to a “sell” rating in a report on Monday, May 18th. Weiss Ratings reiterated a “hold (c+)” rating on shares of BV Financial in a report on Friday, March 27th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, BV Financial presently has a consensus rating of “Hold”.
BV Financial Stock Performance
NASDAQ:BVFL opened at $20.00 on Monday. The stock’s 50 day moving average price is $19.81 and its 200 day moving average price is $19.19. The company has a market capitalization of $173.20 million, a PE ratio of 14.39 and a beta of 0.30. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.19. BV Financial, Inc. has a 52-week low of $14.05 and a 52-week high of $20.54.
Insider Transactions at BV Financial
In related news, Director Joseph S. Galli sold 6,000 shares of the firm’s stock in a transaction that occurred on Tuesday, April 28th. The stock was sold at an average price of $20.13, for a total transaction of $120,780.00. Following the transaction, the director owned 41,341 shares in the company, valued at $832,194.33. This trade represents a 12.67% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In the last quarter, insiders sold 25,841 shares of company stock worth $516,099. Company insiders own 15.69% of the company’s stock.
BV Financial Company Profile
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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