BV Financial (NASDAQ:BVFL) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of BV Financial (NASDAQ:BVFL) from a sell rating to a hold rating in a report released on Saturday morning.

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

BV Financial Trading Down 1.6%

Shares of BVFL opened at $21.09 on Friday. The company’s fifty day simple moving average is $20.87 and its 200-day simple moving average is $19.94. The company has a market cap of $182.64 million, a P/E ratio of 13.88 and a beta of 0.28. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.19. BV Financial has a twelve month low of $14.60 and a twelve month high of $22.17.

BV Financial (NASDAQ:BVFL) last released its quarterly earnings results on Friday, July 24th. The company reported $0.47 EPS for the quarter. The firm 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 Buying and Selling at BV Financial

In other news, Director Joseph S. Galli sold 3,080 shares of the business’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $19.82, for a total transaction of $61,045.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold 25,874 shares of company stock worth $514,125 in the last ninety days. 15.69% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On BV Financial

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets boosted its position in BV Financial by 105.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,377 shares of the company’s stock valued at $38,000 after buying an additional 1,220 shares during the period. Bank of America Corp DE raised its stake 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 valued at $56,000 after acquiring an additional 3,613 shares in the last quarter. JPMorgan Chase & Co. bought a new stake in shares of BV Financial during the second quarter valued at approximately $63,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of BV Financial in the second quarter valued at approximately $72,000. Finally, MetLife Investment Management LLC purchased a new stake in shares of BV Financial in the fourth quarter valued at approximately $95,000. Institutional investors own 42.65% of the company’s stock.

BV Financial Company Profile

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.