BV Financial (NASDAQ:BVFL) Stock Price Up 4.5% – Still a Buy?

BV Financial, Inc. (NASDAQ:BVFL) shares rose 4.5% during trading on Tuesday . The stock traded as high as $18.53 and last traded at $18.47. Approximately 13,752 shares were traded during trading, a decline of 27% from the average daily volume of 18,914 shares. The stock had previously closed at $17.68.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on BVFL. Weiss Ratings reiterated a “hold (c+)” rating on shares of BV Financial in a research note on Thursday, December 4th. Wall Street Zen upgraded shares of BV Financial from a “sell” rating to a “hold” rating in a research report on Saturday, November 15th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

BV Financial Stock Performance

The business has a 50-day simple moving average of $16.74 and a two-hundred day simple moving average of $16.14. The company has a market capitalization of $164.38 million, a price-to-earnings ratio of 16.95 and a beta of 0.40.

Hedge Funds Weigh In On BV Financial

Hedge funds and other institutional investors have recently bought and sold shares of the company. Goldman Sachs Group Inc. raised its position in BV Financial by 40.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 44,779 shares of the company’s stock worth $683,000 after buying an additional 12,941 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of BV Financial in the second quarter valued at about $72,000. 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 acquiring an additional 3,613 shares during the period. JPMorgan Chase & Co. raised its holdings in BV Financial by 98.0% during the third quarter. JPMorgan Chase & Co. now owns 8,135 shares of the company’s stock worth $131,000 after purchasing an additional 4,026 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in BV Financial by 5.2% in the third quarter. Dimensional Fund Advisors LP now owns 107,693 shares of the company’s stock valued at $1,736,000 after purchasing an additional 5,288 shares during the period. 42.65% of the stock is currently owned by hedge funds and other institutional investors.

About BV Financial

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.