Citadel Advisors LLC Has $406,000 Stock Position in BV Financial, Inc. (NASDAQ:BVFL)

Citadel Advisors LLC lifted its position in shares of BV Financial, Inc. (NASDAQ:BVFL) by 92.7% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 23,582 shares of the company’s stock after buying an additional 11,343 shares during the quarter. Citadel Advisors LLC owned about 0.20% of BV Financial worth $406,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of BVFL. Fourthstone LLC raised its position in shares of BV Financial by 4.3% in the 4th quarter. Fourthstone LLC now owns 592,370 shares of the company’s stock valued at $10,201,000 after buying an additional 24,592 shares in the last quarter. Castalian Partners LLC acquired a new position in BV Financial during the fourth quarter valued at approximately $6,104,000. Truffle Hound Capital LLC acquired a new position in BV Financial during the fourth quarter valued at approximately $2,583,000. Susquehanna International Group LLP raised its position in BV Financial by 214.4% during the fourth quarter. Susquehanna International Group LLP now owns 148,007 shares of the company’s stock valued at $2,549,000 after purchasing an additional 100,936 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its position in BV Financial by 267.9% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 97,885 shares of the company’s stock valued at $1,686,000 after purchasing an additional 71,279 shares in the last quarter. Institutional investors and hedge funds own 42.65% of the company’s stock.

BV Financial Price Performance

BVFL stock opened at $15.20 on Wednesday. The company has a 50 day simple moving average of $15.16 and a 200 day simple moving average of $15.87. The stock has a market cap of $160.04 million, a price-to-earnings ratio of 13.95 and a beta of 0.63. BV Financial, Inc. has a 1 year low of $11.16 and a 1 year high of $18.19.

BV Financial (NASDAQ:BVFL) last announced its quarterly earnings results on Thursday, April 17th. The company reported $0.30 earnings per share (EPS) for the quarter. The firm had revenue of $9.17 million during the quarter. BV Financial had a net margin of 23.83% and a return on equity of 6.09%.

Insider Transactions at BV Financial

In other BV Financial news, Chairman Gary T. Amereihn sold 1,684 shares of the firm’s stock in a transaction that occurred on Thursday, May 29th. The stock was sold at an average price of $15.65, for a total value of $26,354.60. Following the completion of the sale, the chairman now owns 19,485 shares of the company’s stock, valued at approximately $304,940.25. This trade represents a 7.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Joseph S. Galli sold 3,454 shares of BV Financial stock in a transaction on Monday, May 12th. The shares were sold at an average price of $15.92, for a total transaction of $54,987.68. Following the completion of the sale, the director now directly owns 1,559 shares of the company’s stock, valued at approximately $24,819.28. The trade was a 68.90% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 14,855 shares of company stock valued at $235,242 in the last quarter. 11.79% of the stock is currently owned by company insiders.

BV Financial 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.