BV Financial (NASDAQ:BVFL) Upgraded to “Buy” at Wall Street Zen

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

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

BV Financial Stock Performance

Shares of BVFL stock opened at $19.56 on Friday. The business’s 50 day simple moving average is $19.34 and its 200 day simple moving average is $18.52. BV Financial has a one year low of $14.05 and a one year high of $20.54. The stock has a market capitalization of $171.15 million, a PE ratio of 14.07 and a beta of 0.32. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.20 and a quick ratio of 1.20.

Insider Activity

In other BV Financial news, Director Joseph S. Galli sold 6,000 shares of the stock in a transaction that occurred on Tuesday, April 28th. The stock was sold at an average price of $20.13, for a total transaction of $120,780.00. Following the transaction, the director directly owned 41,341 shares in the company, valued at approximately $832,194.33. This represents a 12.67% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 15.69% of the company’s stock.

Hedge Funds Weigh In On BV Financial

Institutional investors and hedge funds have recently modified their holdings of the business. BNP Paribas Financial Markets boosted its holdings in shares of BV Financial by 105.4% during 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 in the last quarter. Bank of America Corp DE boosted its holdings in shares of BV Financial by 4,353.0% during 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 in the last quarter. JPMorgan Chase & Co. bought a new position in shares of BV Financial during the 2nd quarter worth approximately $63,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of BV Financial during the 2nd quarter worth approximately $72,000. Finally, MetLife Investment Management LLC bought a new position in shares of BV Financial during the 4th quarter worth approximately $95,000. 42.65% of the stock is currently owned by institutional investors.

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.