Dimensional Fund Advisors LP increased its position in shares of Bank Mutual Corporation (NASDAQ:BKMU) by 5.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,547,811 shares of the financial services provider’s stock after buying an additional 132,012 shares during the period. Dimensional Fund Advisors LP owned 0.06% of Bank Mutual Corporation worth $23,950,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of BKMU. TD Asset Management Inc. increased its position in shares of Bank Mutual Corporation by 9.9% in the first quarter. TD Asset Management Inc. now owns 11,100 shares of the financial services provider’s stock worth $104,000 after buying an additional 1,000 shares during the last quarter. Louisiana State Employees Retirement System increased its position in shares of Bank Mutual Corporation by 1.2% in the first quarter. Louisiana State Employees Retirement System now owns 17,100 shares of the financial services provider’s stock worth $161,000 after buying an additional 200 shares during the last quarter. Arizona State Retirement System increased its position in shares of Bank Mutual Corporation by 1.4% in the first quarter. Arizona State Retirement System now owns 21,952 shares of the financial services provider’s stock worth $206,000 after buying an additional 300 shares during the last quarter. Thrivent Financial for Lutherans increased its position in shares of Bank Mutual Corporation by 6.1% in the fourth quarter. Thrivent Financial for Lutherans now owns 22,700 shares of the financial services provider’s stock worth $215,000 after buying an additional 1,310 shares during the last quarter. Finally, KBC Group NV increased its position in shares of Bank Mutual Corporation by 90.9% in the first quarter. KBC Group NV now owns 35,225 shares of the financial services provider’s stock worth $331,000 after buying an additional 16,773 shares during the last quarter. 55.22% of the stock is currently owned by institutional investors and hedge funds.

Shares of Bank Mutual Corporation (NASDAQ:BKMU) remained flat at $9.65 on Tuesday. The company had a trading volume of 18,719 shares. The stock has a market cap of $443.24 million, a price-to-earnings ratio of 26.81 and a beta of 0.55. The company’s 50-day moving average price is $9.37 and its 200 day moving average price is $9.46. Bank Mutual Corporation has a 12-month low of $7.31 and a 12-month high of $10.20.

Bank Mutual Corporation (NASDAQ:BKMU) last posted its quarterly earnings data on Thursday, July 20th. The financial services provider reported $0.09 EPS for the quarter, meeting the consensus estimate of $0.09. Bank Mutual Corporation had a return on equity of 5.67% and a net margin of 14.77%. The business had revenue of $24.71 million for the quarter, compared to the consensus estimate of $25.10 million. Analysts expect that Bank Mutual Corporation will post $0.37 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 28th. Investors of record on Friday, August 18th will be paid a $0.055 dividend. This represents a $0.22 annualized dividend and a yield of 2.29%. Bank Mutual Corporation’s payout ratio is 61.11%.

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A number of brokerages recently weighed in on BKMU. Zacks Investment Research raised Bank Mutual Corporation from a “hold” rating to a “buy” rating and set a $11.00 price objective on the stock in a research note on Tuesday, April 25th. Keefe, Bruyette & Woods reissued a “hold” rating on shares of Bank Mutual Corporation in a research note on Sunday, July 23rd. Finally, Hovde Group downgraded Bank Mutual Corporation from an “outperform” rating to a “market perform” rating and set a $10.50 price objective on the stock. in a research note on Friday, July 21st.

Bank Mutual Corporation Company Profile

Bank Mutual Corporation is a savings and loan holding company. The Company owns Bank Mutual (the Bank), a federally-chartered savings bank. The Bank is engaged in the business of community banking, which includes attracting deposits from and making loans to the general public and private businesses, as well as governmental and non-profit entities.

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Institutional Ownership by Quarter for Bank Mutual Corporation (NASDAQ:BKMU)

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