BV Financial (NASDAQ:BVFL) Downgraded by Wall Street Zen to “Hold”

Wall Street Zen downgraded shares of BV Financial (NASDAQ:BVFL) from a buy rating to a hold rating in a research note issued to investors on Sunday.

Separately, Weiss Ratings reiterated a “hold (c+)” rating on shares of BV Financial in a research note on Friday, March 27th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, BV Financial presently has an average rating of “Hold”.

BV Financial Price Performance

BVFL stock opened at $20.00 on Friday. The company has a market capitalization of $175 million, a P/E ratio of 14.39 and a beta of 0.32. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.20 and a current ratio of 1.20. BV Financial has a 52-week low of $14.05 and a 52-week high of $20.54. The business has a 50-day simple moving average of $19.37 and a two-hundred day simple moving average of $18.65.

Insider Transactions at BV Financial

In other BV Financial news, Director Joseph S. Galli sold 6,000 shares of BV Financial stock in a transaction dated Tuesday, April 28th. The stock was sold at an average price of $20.13, for a total transaction of $120,780.00. Following the completion of the transaction, the director owned 41,341 shares in the company, valued at approximately $832,194.33. The trade was a 12.67% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In the last three months, insiders sold 12,500 shares of company stock worth $250,225. 15.69% of the stock is currently owned by insiders.

Hedge Funds Weigh In On BV Financial

A number of hedge funds have recently added to or reduced their stakes in BVFL. BNP Paribas Financial Markets boosted its stake in shares of BV Financial by 105.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,377 shares of the company’s stock worth $38,000 after buying an additional 1,220 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of BV Financial by 4,353.0% in the 2nd 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 during the last quarter. JPMorgan Chase & Co. purchased a new position in shares of BV Financial in the 2nd quarter worth approximately $63,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of BV Financial in the 2nd quarter worth approximately $72,000. Finally, MetLife Investment Management LLC purchased a new position in shares of BV Financial in the 4th quarter worth approximately $95,000. Institutional investors and hedge funds 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.