BV Financial (NASDAQ:BVFL) Shares Down 0.9% – Time to Sell?

BV Financial, Inc. (NASDAQ:BVFL) shares traded down 0.9% during mid-day trading on Friday . The stock traded as low as $19.51 and last traded at $19.51. 20,649 shares were traded during mid-day trading, an increase of 56% from the average session volume of 13,262 shares. The stock had previously closed at $19.68.

Analysts Set New Price Targets

BVFL has been the topic of a number of recent analyst reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of BV Financial in a research note on Monday, December 29th. Wall Street Zen upgraded BV Financial from a “sell” rating to a “hold” rating in a report on Saturday, November 15th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

BV Financial Trading Down 0.9%

The stock has a market cap of $173.72 million, a price-to-earnings ratio of 13.27 and a beta of 0.42. The stock’s 50-day moving average is $18.82 and its 200-day moving average is $17.32.

Hedge Funds Weigh In On BV Financial

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Wells Fargo & Company MN boosted its position in BV Financial by 40.8% during the 4th quarter. Wells Fargo & Company MN now owns 9,113 shares of the company’s stock worth $165,000 after purchasing an additional 2,642 shares during the period. MetLife Investment Management LLC acquired a new position in shares of BV Financial during the fourth quarter worth about $95,000. Dimensional Fund Advisors LP boosted its position in shares of BV Financial by 7.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 115,505 shares of the company’s stock worth $2,095,000 after buying an additional 7,812 shares during the period. Empowered Funds LLC boosted its position in shares of BV Financial by 11.8% in the fourth quarter. Empowered Funds LLC now owns 18,747 shares of the company’s stock worth $340,000 after buying an additional 1,983 shares during the period. Finally, Goldman Sachs Group Inc. grew its stake in shares of BV Financial by 35.7% in the fourth quarter. Goldman Sachs Group Inc. now owns 43,204 shares of the company’s stock valued at $784,000 after buying an additional 11,358 shares in the last quarter. Institutional investors and hedge funds own 42.65% of the company’s stock.

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.