Bank Mutual Corporation (NASDAQ:BKMU) insider Michael W. Dosland sold 32,493 shares of the firm’s stock in a transaction that occurred on Wednesday, October 25th. The stock was sold at an average price of $10.53, for a total transaction of $342,151.29. Following the sale, the insider now owns 36,907 shares of the company’s stock, valued at $388,630.71. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Shares of Bank Mutual Corporation (NASDAQ:BKMU) traded down 0.47% during mid-day trading on Friday, reaching $10.70. 111,403 shares of the company were exchanged. The firm has a 50-day moving average price of $9.95 and a 200 day moving average price of $9.49. Bank Mutual Corporation has a 12 month low of $7.55 and a 12 month high of $10.80. The stock has a market capitalization of $491.47 million, a P/E ratio of 29.72 and a beta of 0.57.

Bank Mutual Corporation (NASDAQ:BKMU) last issued its quarterly earnings data on Wednesday, October 18th. The financial services provider reported $0.08 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.10 by ($0.02). The firm had revenue of $24.94 million for the quarter, compared to analyst estimates of $24.50 million. Bank Mutual Corporation had a net margin of 14.19% and a return on equity of 5.72%. During the same quarter in the prior year, the firm posted $0.10 EPS. Equities research analysts anticipate that Bank Mutual Corporation will post $0.37 EPS for the current fiscal year.

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A number of analysts recently weighed in on BKMU shares. Hovde Group cut shares of Bank Mutual Corporation from an “outperform” rating to a “market perform” rating and set a $10.50 target price for the company. in a report on Friday, July 21st. Keefe, Bruyette & Woods restated a “hold” rating on shares of Bank Mutual Corporation in a report on Sunday, July 23rd. Zacks Investment Research cut shares of Bank Mutual Corporation from a “hold” rating to a “sell” rating in a report on Wednesday, September 20th. Finally, BidaskClub cut shares of Bank Mutual Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, August 8th.

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Louisiana State Employees Retirement System grew its holdings in Bank Mutual Corporation by 0.6% during the second quarter. Louisiana State Employees Retirement System now owns 17,200 shares of the financial services provider’s stock valued at $157,000 after purchasing an additional 100 shares during the period. Arizona State Retirement System grew its holdings in Bank Mutual Corporation by 0.5% during the second quarter. Arizona State Retirement System now owns 22,052 shares of the financial services provider’s stock valued at $202,000 after purchasing an additional 100 shares during the period. Texas Permanent School Fund grew its holdings in Bank Mutual Corporation by 1.4% during the second quarter. Texas Permanent School Fund now owns 30,852 shares of the financial services provider’s stock valued at $282,000 after purchasing an additional 417 shares during the period. Alliancebernstein L.P. grew its holdings in Bank Mutual Corporation by 1.1% during the first quarter. Alliancebernstein L.P. now owns 57,000 shares of the financial services provider’s stock valued at $536,000 after purchasing an additional 600 shares during the period. Finally, Prudential Financial Inc. grew its holdings in Bank Mutual Corporation by 0.8% during the first quarter. Prudential Financial Inc. now owns 72,088 shares of the financial services provider’s stock valued at $678,000 after purchasing an additional 600 shares during the period. Hedge funds and other institutional investors own 56.06% of the company’s stock.

About Bank Mutual Corporation

Bank Mutual Corporation is a savings and loan holding company. The Company owns Bank Mutual (the Bank), a federally-chartered savings bank. The Bank is engaged in the business of community banking, which includes attracting deposits from and making loans to the general public and private businesses, as well as governmental and non-profit entities.

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