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

Wall Street Zen upgraded shares of BV Financial (NASDAQ:BVFL) from a sell rating to a hold rating in a research report report published on Saturday morning.

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of BV Financial in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company has an average rating of “Hold”.

BV Financial Price Performance

Shares of BVFL stock opened at $17.40 on Friday. The firm has a market cap of $172.94 million, a P/E ratio of 15.96 and a beta of 0.45. BV Financial has a 1-year low of $13.53 and a 1-year high of $18.19. The firm’s 50-day simple moving average is $16.27 and its 200-day simple moving average is $15.88.

Institutional Investors Weigh In On BV Financial

Several large investors have recently made changes to their positions in the business. BNP Paribas Financial Markets lifted 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 valued at $38,000 after acquiring an additional 1,220 shares in the last quarter. Nisa Investment Advisors LLC purchased a new position in BV Financial in the second quarter valued at about $25,000. Police & Firemen s Retirement System of New Jersey purchased a new position in BV Financial in the second quarter valued at about $30,000. Raymond James Financial Inc. lifted its stake in shares of BV Financial by 2.8% during the third quarter. Raymond James Financial Inc. now owns 84,231 shares of the company’s stock worth $1,358,000 after purchasing an additional 2,314 shares in the last quarter. Finally, Bank of America Corp DE boosted its position in shares of BV Financial by 4,353.0% in the second 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 period. 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.