Teachers Advisors LLC reduced its holdings in BankFinancial Corporation (NASDAQ:BFIN) by 2.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,438 shares of the bank’s stock after selling 563 shares during the period. Teachers Advisors LLC owned approximately 0.14% of BankFinancial Corporation worth $394,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also bought and sold shares of the company. Bank of America Corp DE lifted its stake in shares of BankFinancial Corporation by 3.3% in the first quarter. Bank of America Corp DE now owns 13,870 shares of the bank’s stock worth $201,000 after buying an additional 447 shares in the last quarter. American International Group Inc. lifted its stake in shares of BankFinancial Corporation by 7.3% in the first quarter. American International Group Inc. now owns 9,365 shares of the bank’s stock worth $136,000 after buying an additional 634 shares in the last quarter. Parametric Portfolio Associates LLC lifted its stake in shares of BankFinancial Corporation by 4.9% in the first quarter. Parametric Portfolio Associates LLC now owns 15,381 shares of the bank’s stock worth $223,000 after buying an additional 725 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in shares of BankFinancial Corporation by 2.3% in the first quarter. Bank of New York Mellon Corp now owns 101,596 shares of the bank’s stock worth $1,475,000 after buying an additional 2,241 shares in the last quarter. Finally, Bessemer Group Inc. lifted its stake in shares of BankFinancial Corporation by 17.5% in the second quarter. Bessemer Group Inc. now owns 20,800 shares of the bank’s stock worth $310,000 after buying an additional 3,100 shares in the last quarter. 63.39% of the stock is currently owned by hedge funds and other institutional investors.
BankFinancial Corporation (BFIN) opened at $15.36 on Wednesday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.06 and a current ratio of 1.06. BankFinancial Corporation has a 52 week low of $13.13 and a 52 week high of $16.89. The company has a market cap of $277.24, a PE ratio of 27.43, a price-to-earnings-growth ratio of 3.17 and a beta of 0.47.
BankFinancial Corporation (NASDAQ:BFIN) last issued its earnings results on Thursday, October 26th. The bank reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.01. BankFinancial Corporation had a net margin of 17.00% and a return on equity of 5.09%. The company had revenue of $14.13 million for the quarter, compared to the consensus estimate of $14.45 million. equities analysts predict that BankFinancial Corporation will post 0.61 EPS for the current fiscal year.
BankFinancial Corporation declared that its Board of Directors has approved a share repurchase program on Friday, July 28th that permits the company to buyback 250,000 outstanding shares. This buyback authorization permits the bank to purchase shares of its stock through open market purchases. Shares buyback programs are usually a sign that the company’s board of directors believes its shares are undervalued.
The company also recently announced a quarterly dividend, which will be paid on Friday, November 24th. Shareholders of record on Wednesday, November 8th will be paid a dividend of $0.08 per share. The ex-dividend date is Tuesday, November 7th. This is an increase from BankFinancial Corporation’s previous quarterly dividend of $0.07. This represents a $0.32 dividend on an annualized basis and a yield of 2.08%. BankFinancial Corporation’s payout ratio is 57.14%.
Several equities analysts have recently weighed in on BFIN shares. Zacks Investment Research downgraded shares of BankFinancial Corporation from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. BidaskClub raised shares of BankFinancial Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, August 8th. DA Davidson downgraded shares of BankFinancial Corporation from a “buy” rating to a “neutral” rating and set a $16.75 target price on the stock. in a research note on Thursday, September 28th. Finally, FIG Partners raised shares of BankFinancial Corporation from a “market perform” rating to an “outperform” rating and lifted their target price for the stock from $16.00 to $17.00 in a research note on Monday, July 31st.
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BankFinancial Corporation Profile
BankFinancial Corporation is the bank holding company for BankFinancial, National Association (the Bank). The Bank is a full-service, community-oriented national bank principally engaged in the business of commercial, family and personal banking. The Bank offers its customers a range of loan, deposit and other financial products and services through its full-service Illinois-based banking offices located in Cook, DuPage, Lake and Will Counties, and through its Internet branch, www.bankfinancial.com.
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