BV Financial (NASDAQ:BVFL) Upgraded by Wall Street Zen to “Hold” Rating

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 Monday.

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of BV Financial in a research report on Friday. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has an average rating of “Hold”.

BV Financial Stock Performance

BVFL opened at $16.49 on Monday. BV Financial has a 52-week low of $13.53 and a 52-week high of $18.19. The firm has a market capitalization of $163.91 million, a PE ratio of 15.13 and a beta of 0.46. The business’s 50-day simple moving average is $16.25 and its 200 day simple moving average is $15.66.

BV Financial (NASDAQ:BVFL) last released its earnings results on Friday, October 17th. The company reported $0.49 earnings per share (EPS) for the quarter. BV Financial had a return on equity of 7.02% and a net margin of 20.80%.The business had revenue of $10.03 million for the quarter.

Hedge Funds Weigh In On BV Financial

A number of large investors have recently made changes to their positions in BVFL. Nisa Investment Advisors LLC bought a new position in shares of BV Financial during the second quarter worth approximately $25,000. Police & Firemen s Retirement System of New Jersey bought a new position in shares of BV Financial during the second quarter worth approximately $30,000. Bank of America Corp DE increased 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 worth $56,000 after purchasing an additional 3,613 shares during the period. JPMorgan Chase & Co. bought a new position in shares of BV Financial during the second quarter worth approximately $63,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of BV Financial during the second quarter worth approximately $72,000. 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.