Riverview Bancorp, Inc. (NASDAQ:RVSB) Director Patricia Eby acquired 16,000 shares of Riverview Bancorp stock in a transaction on Monday, May 13th. The stock was acquired at an average price of $7.72 per share, with a total value of $123,520.00. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Shares of NASDAQ:RVSB opened at $7.80 on Wednesday. The firm has a market capitalization of $173.85 million, a price-to-earnings ratio of 10.26 and a beta of 0.60. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.50. Riverview Bancorp, Inc. has a 1 year low of $5.46 and a 1 year high of $9.99.

Riverview Bancorp (NASDAQ:RVSB) last announced its quarterly earnings data on Tuesday, April 30th. The savings and loans company reported $0.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.01. The firm had revenue of $14.54 million during the quarter, compared to the consensus estimate of $14.20 million. Riverview Bancorp had a return on equity of 13.99% and a net margin of 28.32%. On average, equities analysts forecast that Riverview Bancorp, Inc. will post 0.75 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 23rd. Shareholders of record on Thursday, April 11th were paid a $0.04 dividend. The ex-dividend date was Wednesday, April 10th. This represents a $0.16 dividend on an annualized basis and a yield of 2.05%. Riverview Bancorp’s dividend payout ratio (DPR) is presently 21.05%.

A number of large investors have recently made changes to their positions in the business. BlackRock Inc. lifted its position in shares of Riverview Bancorp by 4.8% during the 4th quarter. BlackRock Inc. now owns 2,554,519 shares of the savings and loans company’s stock valued at $18,598,000 after buying an additional 117,129 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Riverview Bancorp by 2.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,737,713 shares of the savings and loans company’s stock valued at $12,703,000 after buying an additional 45,503 shares during the last quarter. Deprince Race & Zollo Inc. lifted its position in shares of Riverview Bancorp by 1.3% during the 4th quarter. Deprince Race & Zollo Inc. now owns 1,236,102 shares of the savings and loans company’s stock valued at $8,999,000 after buying an additional 15,648 shares during the last quarter. Pacific Ridge Capital Partners LLC lifted its position in shares of Riverview Bancorp by 20.2% during the 1st quarter. Pacific Ridge Capital Partners LLC now owns 427,244 shares of the savings and loans company’s stock valued at $3,123,000 after buying an additional 71,939 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its position in shares of Riverview Bancorp by 1.4% during the 1st quarter. Renaissance Technologies LLC now owns 418,007 shares of the savings and loans company’s stock valued at $3,056,000 after buying an additional 5,900 shares during the last quarter. Hedge funds and other institutional investors own 61.24% of the company’s stock.

A number of research analysts have issued reports on RVSB shares. Zacks Investment Research downgraded Riverview Bancorp from a “hold” rating to a “sell” rating in a research note on Saturday, March 30th. ValuEngine downgraded Riverview Bancorp from a “sell” rating to a “strong sell” rating in a research note on Wednesday, April 24th.

TRADEMARK VIOLATION NOTICE: “Patricia Eby Acquires 16,000 Shares of Riverview Bancorp, Inc. (RVSB) Stock” was originally posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this piece on another site, it was illegally copied and republished in violation of United States and international copyright & trademark law. The correct version of this piece can be viewed at https://www.thecerbatgem.com/2019/05/15/patricia-eby-acquires-16000-shares-of-riverview-bancorp-inc-rvsb-stock.html.

About Riverview Bancorp

Riverview Bancorp, Inc operates as the holding company for Riverview Community Bank that provides community banking services to small and medium size businesses, professionals, and individuals. It offers a range of deposit products, including demand deposits, negotiable order of withdrawal accounts, money market accounts, savings accounts, certificates of deposit, and retirement savings plans.

Featured Article: Asset Allocation and Your Retirement

Receive News & Ratings for Riverview Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Riverview Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.