Bear State Financial (BSF) Downgraded by BidaskClub to Strong Sell

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

Bear State Financial (NASDAQ:BSF) remained flat at $$10.27 during mid-day trading on Friday. 19,216 shares of the company’s stock were exchanged, compared to its average volume of 38,116. The company has a market cap of $387.49, a price-to-earnings ratio of 17.12 and a beta of 1.22. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 1.49. Bear State Financial has a 12-month low of $8.66 and a 12-month high of $10.37.

Bear State Financial (NASDAQ:BSF) last released its quarterly earnings results on Thursday, January 18th. The financial services provider reported $0.17 EPS for the quarter. The company had revenue of $22.66 million for the quarter. Bear State Financial had a net margin of 19.79% and a return on equity of 10.10%.

The business also recently announced a quarterly dividend, which was paid on Thursday, February 15th. Stockholders of record on Thursday, February 1st were given a $0.03 dividend. The ex-dividend date was Wednesday, January 31st. This represents a $0.12 annualized dividend and a dividend yield of 1.17%. Bear State Financial’s dividend payout ratio (DPR) is 20.00%.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Deutsche Bank AG grew its position in shares of Bear State Financial by 70.8% in the fourth quarter. Deutsche Bank AG now owns 133,898 shares of the financial services provider’s stock valued at $1,369,000 after purchasing an additional 55,481 shares during the period. Renaissance Technologies LLC grew its position in shares of Bear State Financial by 19.9% in the fourth quarter. Renaissance Technologies LLC now owns 280,374 shares of the financial services provider’s stock valued at $2,868,000 after purchasing an additional 46,500 shares during the period. BlackRock Inc. grew its position in shares of Bear State Financial by 1.5% in the fourth quarter. BlackRock Inc. now owns 1,038,687 shares of the financial services provider’s stock valued at $10,625,000 after purchasing an additional 15,220 shares during the period. Wells Fargo & Company MN grew its position in shares of Bear State Financial by 28.0% in the fourth quarter. Wells Fargo & Company MN now owns 29,395 shares of the financial services provider’s stock valued at $301,000 after purchasing an additional 6,439 shares during the period. Finally, Stephens Inc. AR grew its position in shares of Bear State Financial by 42.8% in the fourth quarter. Stephens Inc. AR now owns 304,317 shares of the financial services provider’s stock valued at $3,113,000 after purchasing an additional 91,234 shares during the period. Institutional investors and hedge funds own 12.93% of the company’s stock.

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About Bear State Financial

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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