BV Financial (NASDAQ:BVFL) Stock Rating Upgraded by Wall Street Zen

BV Financial (NASDAQ:BVFL) was upgraded by equities research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

Separately, Weiss Ratings raised shares of BV Financial from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, July 13th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy”.

BV Financial Stock Performance

Shares of BV Financial stock opened at $21.43 on Friday. The firm has a market capitalization of $185.56 million, a P/E ratio of 14.10 and a beta of 0.28. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.19. The company has a 50 day moving average price of $20.84 and a 200 day moving average price of $19.92. BV Financial has a 52 week low of $14.60 and a 52 week high of $22.17.

BV Financial (NASDAQ:BVFL) last released its 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 net margin of 25.01% and a return on equity of 9.28%.

Insider Activity

In related news, Director Joseph S. Galli sold 8,122 shares of BV Financial stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $19.84, for a total transaction of $161,140.48. Following the completion of the sale, the director owned 3,080 shares of the company’s stock, valued at $61,107.20. The trade was a 72.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders sold 25,874 shares of company stock valued at $514,125 in the last three months. Company insiders own 15.69% of the company’s stock.

Hedge Funds Weigh In On BV Financial

Several hedge funds and other institutional investors have recently bought and sold shares of the business. BNP Paribas Financial Markets lifted its stake in BV Financial by 105.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,377 shares of the company’s stock valued at $38,000 after acquiring an additional 1,220 shares during the period. Bank of America Corp DE raised its holdings in shares of BV Financial by 4,353.0% during the second quarter. Bank of America Corp DE now owns 3,696 shares of the company’s stock worth $56,000 after purchasing an additional 3,613 shares during the last quarter. JPMorgan Chase & Co. purchased a new position in shares of BV Financial during the second quarter worth $63,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in BV Financial during the second quarter valued at $72,000. Finally, MetLife Investment Management LLC acquired a new position in BV Financial during the fourth quarter valued at $95,000. Institutional investors and hedge funds own 42.65% of the company’s stock.

About BV Financial

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.