Saber Capital Managment LLC Acquires New Stake in BV Financial, Inc. $BVFL

Saber Capital Managment LLC acquired a new stake in BV Financial, Inc. (NASDAQ:BVFL) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 34,266 shares of the company’s stock, valued at approximately $622,000. BV Financial accounts for 0.5% of Saber Capital Managment LLC’s holdings, making the stock its 24th biggest holding. Saber Capital Managment LLC owned approximately 0.39% of BV Financial at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Dimensional Fund Advisors LP raised its holdings in shares of BV Financial by 7.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 115,505 shares of the company’s stock valued at $2,095,000 after buying an additional 7,812 shares during the period. Vanguard Group Inc. raised its holdings in shares of BV Financial by 0.9% in the 3rd quarter. Vanguard Group Inc. now owns 500,809 shares of the company’s stock valued at $8,073,000 after buying an additional 4,254 shares during the period. Geode Capital Management LLC raised its holdings in shares of BV Financial by 95.5% in the 2nd quarter. Geode Capital Management LLC now owns 207,445 shares of the company’s stock valued at $3,160,000 after buying an additional 101,350 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of BV Financial in the 2nd quarter valued at $1,248,000. Finally, Goldman Sachs Group Inc. raised its holdings in shares of BV Financial by 40.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 44,779 shares of the company’s stock valued at $683,000 after buying an additional 12,941 shares during the period. Hedge funds and other institutional investors own 42.65% of the company’s stock.

BV Financial Price Performance

Shares of NASDAQ BVFL opened at $20.00 on Monday. The stock’s 50-day moving average is $19.81 and its two-hundred day moving average is $19.19. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.20 and a quick ratio of 1.20. BV Financial, Inc. has a 1-year low of $14.05 and a 1-year high of $20.54. The company has a market cap of $173.20 million, a price-to-earnings ratio of 14.39 and a beta of 0.30.

Insiders Place Their Bets

In other BV Financial news, Director Joseph S. Galli sold 5,000 shares of the company’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $19.85, for a total transaction of $99,250.00. Following the sale, the director owned 11,202 shares in the company, valued at $222,359.70. This represents a 30.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In the last quarter, insiders sold 25,841 shares of company stock worth $516,099. 15.69% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research firms recently issued reports on BVFL. Wall Street Zen downgraded BV Financial from a “hold” rating to a “sell” rating in a report on Monday, May 18th. Weiss Ratings restated 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 MarketBeat, the company currently has a consensus rating of “Hold”.

About BV Financial

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.