Malvern Bancorp, Inc. (MLVF) Director Cynthia F. Leitzell Purchases 800 Shares
Malvern Bancorp, Inc. (NASDAQ:MLVF) Director Cynthia F. Leitzell bought 800 shares of the stock in a transaction dated Tuesday, September 12th. The stock was purchased at an average price of $24.32 per share, with a total value of $19,456.00. Following the purchase, the director now owns 700 shares in the company, valued at $17,024. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink.
Malvern Bancorp, Inc. (MLVF) traded down 0.82% on Friday, hitting $24.30. The stock had a trading volume of 31,461 shares. The stock’s 50-day moving average is $24.14 and its 200 day moving average is $22.77. Malvern Bancorp, Inc. has a 1-year low of $16.36 and a 1-year high of $26.15. The firm has a market capitalization of $156.47 million and a price-to-earnings ratio of 12.67.
Malvern Bancorp (NASDAQ:MLVF) last posted its earnings results on Wednesday, July 26th. The savings and loans company reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.25 by $0.07. The company had revenue of $7.21 million during the quarter. Malvern Bancorp had a return on equity of 6.64% and a net margin of 37.03%. On average, equities research analysts predict that Malvern Bancorp, Inc. will post $0.96 earnings per share for the current fiscal year.
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Separately, Sandler O’Neill assumed coverage on Malvern Bancorp in a research note on Monday, June 19th. They issued a “hold” rating and a $24.00 target price for the company.
A number of institutional investors have recently bought and sold shares of the business. ClariVest Asset Management LLC lifted its holdings in Malvern Bancorp by 5.0% during the first quarter. ClariVest Asset Management LLC now owns 5,759 shares of the savings and loans company’s stock worth $122,000 after buying an additional 272 shares during the period. Dimensional Fund Advisors LP lifted its holdings in Malvern Bancorp by 3.9% during the second quarter. Dimensional Fund Advisors LP now owns 41,010 shares of the savings and loans company’s stock worth $982,000 after buying an additional 1,556 shares during the period. Banc Funds Co. LLC lifted its holdings in Malvern Bancorp by 0.9% during the second quarter. Banc Funds Co. LLC now owns 568,994 shares of the savings and loans company’s stock worth $13,627,000 after buying an additional 5,000 shares during the period. New York State Common Retirement Fund purchased a new stake in Malvern Bancorp during the second quarter worth $165,000. Finally, The Manufacturers Life Insurance Company purchased a new stake in Malvern Bancorp during the second quarter worth $171,000. Institutional investors own 65.68% of the company’s stock.
Malvern Bancorp Company Profile
Malvern Bancorp, Inc operates as the holding company for Malvern Federal Savings Bank that provides various banking products and services to consumer and business customers in Pennsylvania. The company offers checking accounts, retirement accounts, money market accounts, time and savings accounts, interest and non-interest bearing accounts, NOW accounts, and CDARS/ICS reciprocal deposits; and debit and credit card, wire transfer, automated teller, Internet banking, ACH origination, safe deposit box, telephone banking, and mobile banking services.
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