Bank of New York Mellon Corp Raises Stake in Bear State Financial Inc (BSF)

Bank of New York Mellon Corp grew its holdings in Bear State Financial Inc (NASDAQ:BSF) by 6.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 96,142 shares of the financial services provider’s stock after acquiring an additional 5,742 shares during the period. Bank of New York Mellon Corp owned about 0.25% of Bear State Financial worth $987,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. California State Teachers Retirement System increased its stake in Bear State Financial by 1.7% during the 2nd quarter. California State Teachers Retirement System now owns 36,743 shares of the financial services provider’s stock worth $348,000 after buying an additional 600 shares during the period. Rhumbline Advisers increased its stake in Bear State Financial by 21.3% during the 2nd quarter. Rhumbline Advisers now owns 21,500 shares of the financial services provider’s stock worth $203,000 after buying an additional 3,775 shares during the period. New York State Common Retirement Fund increased its stake in Bear State Financial by 86.1% during the 2nd quarter. New York State Common Retirement Fund now owns 22,700 shares of the financial services provider’s stock worth $215,000 after buying an additional 10,499 shares during the period. TIAA CREF Investment Management LLC increased its stake in Bear State Financial by 21.4% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 60,119 shares of the financial services provider’s stock worth $569,000 after buying an additional 10,579 shares during the period. Finally, Teachers Advisors LLC increased its stake in Bear State Financial by 43.2% during the 2nd quarter. Teachers Advisors LLC now owns 37,080 shares of the financial services provider’s stock worth $351,000 after buying an additional 11,188 shares during the period. 12.38% of the stock is currently owned by institutional investors and hedge funds.

Separately, BidaskClub downgraded shares of Bear State Financial from a “sell” rating to a “strong sell” rating in a research note on Friday, December 15th.

Shares of Bear State Financial Inc (NASDAQ BSF) opened at $10.24 on Friday. Bear State Financial Inc has a one year low of $8.66 and a one year high of $10.37. The stock has a market cap of $385.98, a price-to-earnings ratio of 17.96 and a beta of 1.23. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 1.49.

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Bear State Financial Company Profile

Bear State Financial, Inc is a bank holding company. The Company’s subsidiary Bear State Bank, N.A. (the Bank) is a community-oriented financial institution, which offers a range of retail and business deposit accounts, including noninterest bearing and interest bearing checking accounts, savings and money market accounts, certificates of deposit and individual retirement accounts.

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Institutional Ownership by Quarter for Bear State Financial (NASDAQ:BSF)

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