BV Financial (NASDAQ:BVFL) Stock Rating Lowered by Wall Street Zen

BV Financial (NASDAQ:BVFL) was downgraded by research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report issued on Tuesday.

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of BV Financial in a report on Wednesday, October 8th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

BV Financial Stock Up 2.0%

NASDAQ:BVFL opened at $16.62 on Tuesday. The firm has a market capitalization of $165.19 million, a price-to-earnings ratio of 15.25 and a beta of 0.46. BV Financial has a twelve month low of $13.53 and a twelve month high of $18.19. The stock’s 50 day moving average price is $16.24 and its two-hundred day moving average price is $15.77.

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

Institutional Trading of BV Financial

Institutional investors and hedge funds have recently modified their holdings of the stock. Bank of America Corp DE lifted its position in 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 buying an additional 3,613 shares in the last quarter. Raymond James Financial Inc. purchased a new position in BV Financial in the 2nd quarter valued at approximately $1,248,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in BV Financial in the 2nd quarter valued at approximately $72,000. Marshall Wace LLP purchased a new position in BV Financial in the 2nd quarter valued at approximately $207,000. Finally, Panagora Asset Management Inc. purchased a new position in BV Financial in the 2nd quarter valued at approximately $167,000. 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.