Bear State Financial (BSF) Upgraded to Sell by BidaskClub

BidaskClub upgraded shares of Bear State Financial (NASDAQ:BSF) from a strong sell rating to a sell rating in a research note released on Wednesday morning.

Shares of Bear State Financial (NASDAQ:BSF) traded down $0.03 during mid-day trading on Wednesday, hitting $10.22. The stock had a trading volume of 17,500 shares, compared to its average volume of 37,642. The firm has a market capitalization of $386.73, a P/E ratio of 16.80 and a beta of 1.23. The company has a debt-to-equity ratio of 1.49, a quick ratio of 1.11 and a current ratio of 1.11. Bear State Financial has a 1-year low of $8.66 and a 1-year high of $10.95.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 15th. Shareholders of record on Wednesday, November 1st were issued a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 1.17%. The ex-dividend date was Tuesday, October 31st. Bear State Financial’s payout ratio is 20.69%.

A number of large investors have recently bought and sold shares of BSF. Alliancebernstein L.P. purchased a new stake in shares of Bear State Financial during the 2nd quarter worth about $109,000. Rhumbline Advisers boosted its stake in shares of Bear State Financial by 21.3% during the 2nd quarter. Rhumbline Advisers now owns 21,500 shares of the financial services provider’s stock worth $203,000 after acquiring an additional 3,775 shares in the last quarter. New York State Common Retirement Fund boosted its stake in shares of Bear State Financial by 86.1% during the 2nd quarter. New York State Common Retirement Fund now owns 22,700 shares of the financial services provider’s stock worth $215,000 after acquiring an additional 10,499 shares in the last quarter. Wells Fargo & Company MN boosted its stake in shares of Bear State Financial by 51.0% during the 3rd quarter. Wells Fargo & Company MN now owns 22,956 shares of the financial services provider’s stock worth $236,000 after acquiring an additional 7,753 shares in the last quarter. Finally, Gabelli Funds LLC purchased a new stake in shares of Bear State Financial during the 3rd quarter worth about $267,000. 12.38% of the stock is currently owned by institutional investors.

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Bear State Financial Company Profile

Bear State Financial, Inc is a bank holding company. The Company’s subsidiary Bear State Bank, N.A. (the Bank) is a community-oriented financial institution, which offers a range of retail and business deposit accounts, including noninterest bearing and interest bearing checking accounts, savings and money market accounts, certificates of deposit and individual retirement accounts.

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