Renaissance Technologies LLC Makes New Investment in BayFirst Financial Corp. (NASDAQ:BAFN)

Renaissance Technologies LLC bought a new stake in shares of BayFirst Financial Corp. (NASDAQ:BAFN) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 10,000 shares of the company’s stock, valued at approximately $133,000. Renaissance Technologies LLC owned approximately 0.24% of BayFirst Financial at the end of the most recent quarter.

Separately, Geode Capital Management LLC boosted its position in BayFirst Financial by 7.4% during the third quarter. Geode Capital Management LLC now owns 36,101 shares of the company’s stock valued at $475,000 after purchasing an additional 2,490 shares in the last quarter. 16.88% of the stock is currently owned by institutional investors and hedge funds.

BayFirst Financial Stock Performance

Shares of BayFirst Financial stock opened at $15.56 on Wednesday. The company has a market capitalization of $64.23 million, a PE ratio of 6.17 and a beta of 0.44. The company has a 50-day simple moving average of $16.45 and a two-hundred day simple moving average of $15.05. BayFirst Financial Corp. has a one year low of $10.40 and a one year high of $19.75. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.91 and a current ratio of 0.98.

BayFirst Financial (NASDAQ:BAFN) last posted its quarterly earnings data on Thursday, April 24th. The company reported ($0.17) EPS for the quarter. The firm had revenue of $19.75 million for the quarter. BayFirst Financial had a return on equity of 14.81% and a net margin of 8.80%.

BayFirst Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, June 15th. Stockholders of record on Sunday, June 1st will be given a $0.08 dividend. The ex-dividend date is Friday, May 30th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.06%. BayFirst Financial’s payout ratio is 14.29%.

BayFirst Financial Company Profile

BayFirst Financial Corp. operates as the bank holding company for BayFirst National Bank that provides community banking services for businesses and individuals. The company offers checking, savings, NOW, and money market deposit accounts, as well as certificates of deposit and individual retirement account; and safety deposit boxes.