Alliancebernstein L.P. Buys Shares of 420,557 William Penn Bancorporation (NASDAQ:WMPN)

Alliancebernstein L.P. bought a new stake in William Penn Bancorporation (NASDAQ:WMPN) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 420,557 shares of the company’s stock, valued at approximately $5,047,000. Alliancebernstein L.P. owned 4.57% of William Penn Bancorporation at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Gardner Lewis Asset Management L P acquired a new position in William Penn Bancorporation in the 4th quarter valued at approximately $2,827,000. Raymond James Financial Inc. purchased a new position in shares of William Penn Bancorporation during the 4th quarter valued at $326,000. Finally, MassMutual Private Wealth & Trust FSB acquired a new position in shares of William Penn Bancorporation in the fourth quarter worth $179,000. 31.18% of the stock is owned by hedge funds and other institutional investors.

William Penn Bancorporation Price Performance

WMPN opened at $10.23 on Monday. The stock has a fifty day moving average price of $11.40 and a 200 day moving average price of $12.12. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.24. William Penn Bancorporation has a 1 year low of $9.75 and a 1 year high of $13.87. The stock has a market cap of $94.20 million, a price-to-earnings ratio of -85.24 and a beta of 0.09.

William Penn Bancorporation (NASDAQ:WMPN) last announced its quarterly earnings results on Wednesday, January 15th. The company reported ($0.09) earnings per share (EPS) for the quarter. William Penn Bancorporation had a negative net margin of 2.90% and a negative return on equity of 0.65%.

William Penn Bancorporation Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, January 27th were given a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 1.17%. The ex-dividend date was Monday, January 27th. William Penn Bancorporation’s dividend payout ratio is -100.00%.

William Penn Bancorporation Company Profile

William Penn Bancorporation operates as the holding company for William Penn Bank that provides retail and commercial banking products and related financial services in the United States. The company offers time, savings, money market, and demand deposits; certificates of deposit; and non-interest bearing and interest-bearing checking, as well as money market, savings and club, and individual retirement accounts.