BankFinancial Co. (NASDAQ:BFIN) Stake Raised by BNP Paribas Arbitrage SA

BNP Paribas Arbitrage SA lifted its position in BankFinancial Co. (NASDAQ:BFIN) by 429.5% during the first quarter, HoldingsChannel reports. The institutional investor owned 2,706 shares of the bank’s stock after purchasing an additional 2,195 shares during the period. BNP Paribas Arbitrage SA’s holdings in BankFinancial were worth $40,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Bank of New York Mellon Corp boosted its stake in shares of BankFinancial by 4.0% in the 3rd quarter. Bank of New York Mellon Corp now owns 114,003 shares of the bank’s stock valued at $1,816,000 after purchasing an additional 4,430 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of BankFinancial by 3.3% in the 3rd quarter. Vanguard Group Inc. now owns 823,957 shares of the bank’s stock valued at $13,134,000 after purchasing an additional 26,521 shares during the last quarter. Rhumbline Advisers boosted its stake in shares of BankFinancial by 41.6% in the 4th quarter. Rhumbline Advisers now owns 18,839 shares of the bank’s stock valued at $282,000 after purchasing an additional 5,532 shares during the last quarter. Acadian Asset Management LLC boosted its stake in shares of BankFinancial by 6.6% in the 4th quarter. Acadian Asset Management LLC now owns 346,735 shares of the bank’s stock valued at $5,185,000 after purchasing an additional 21,372 shares during the last quarter. Finally, Martingale Asset Management L P boosted its stake in shares of BankFinancial by 26.9% in the 4th quarter. Martingale Asset Management L P now owns 76,007 shares of the bank’s stock valued at $1,137,000 after purchasing an additional 16,100 shares during the last quarter. 66.80% of the stock is currently owned by hedge funds and other institutional investors.

BankFinancial stock opened at $13.89 on Wednesday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.03 and a current ratio of 1.03. BankFinancial Co. has a 12-month low of $13.46 and a 12-month high of $18.52. The firm has a market cap of $215.55 million, a P/E ratio of 16.15, a P/E/G ratio of 1.76 and a beta of 0.42.

BankFinancial (NASDAQ:BFIN) last released its earnings results on Tuesday, April 16th. The bank reported $0.22 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.22. BankFinancial had a net margin of 24.78% and a return on equity of 8.00%. The company had revenue of $14.84 million for the quarter, compared to the consensus estimate of $14.80 million. On average, equities research analysts expect that BankFinancial Co. will post 0.98 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, May 24th. Investors of record on Wednesday, May 8th were given a dividend of $0.10 per share. The ex-dividend date was Tuesday, May 7th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.88%. BankFinancial’s payout ratio is presently 46.51%.

BFIN has been the topic of a number of analyst reports. BidaskClub raised shares of BankFinancial from a “sell” rating to a “hold” rating in a research note on Tuesday, April 9th. FIG Partners lowered shares of BankFinancial from an “outperform” rating to a “market perform” rating in a research note on Friday, March 1st. Finally, Zacks Investment Research lowered shares of BankFinancial from a “buy” rating to a “sell” rating in a research note on Tuesday, March 26th.

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BankFinancial Company Profile

BankFinancial Corporation operates as the bank holding company for BankFinancial, National Association that provides commercial, family, and personal banking products and services in Illinois. The company accepts various deposit products, including savings, NOW, checking, money market, IRA, and other retirement accounts, as well as certificates of deposit.

Further Reading: How can investors find ex-dividend dates?

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Institutional Ownership by Quarter for BankFinancial (NASDAQ:BFIN)

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