Clover Partners L.P. lowered its stake in BankFinancial Co. (NASDAQ:BFIN) by 62.8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 278,213 shares of the bank’s stock after selling 470,073 shares during the period. BankFinancial accounts for approximately 4.1% of Clover Partners L.P.’s holdings, making the stock its 9th biggest holding. Clover Partners L.P. owned 1.55% of BankFinancial worth $4,268,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. FNY Partners Fund LP bought a new stake in shares of BankFinancial during the 3rd quarter valued at about $124,000. Goldman Sachs Group Inc. bought a new stake in shares of BankFinancial during the 2nd quarter valued at about $167,000. SG Americas Securities LLC bought a new stake in shares of BankFinancial during the 3rd quarter valued at about $181,000. Beese Fulmer Investment Management Inc. bought a new stake in shares of BankFinancial during the 4th quarter valued at about $177,000. Finally, The Manufacturers Life Insurance Company grew its position in shares of BankFinancial by 6.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 15,454 shares of the bank’s stock valued at $230,000 after buying an additional 946 shares during the last quarter. 62.18% of the stock is owned by institutional investors.
A number of equities research analysts recently weighed in on the stock. ValuEngine raised shares of BankFinancial from a “hold” rating to a “buy” rating in a research report on Thursday, March 1st. BidaskClub raised shares of BankFinancial from a “sell” rating to a “hold” rating in a research note on Thursday, February 8th. Finally, Zacks Investment Research raised shares of BankFinancial from a “hold” rating to a “strong-buy” rating and set a $18.00 target price for the company in a research note on Tuesday, January 2nd. Two research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. BankFinancial currently has an average rating of “Buy” and a consensus target price of $17.25.
BankFinancial Co. (NASDAQ:BFIN) opened at $16.63 on Wednesday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.07 and a current ratio of 1.07. The stock has a market cap of $298.75, a PE ratio of 26.03, a price-to-earnings-growth ratio of 2.41 and a beta of 0.46. BankFinancial Co. has a one year low of $13.43 and a one year high of $17.20.
BankFinancial (NASDAQ:BFIN) last posted its earnings results on Monday, January 29th. The bank reported $0.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.03. The firm had revenue of $14.94 million during the quarter, compared to analyst estimates of $14.80 million. BankFinancial had a net margin of 14.39% and a return on equity of 5.76%. equities research analysts predict that BankFinancial Co. will post 0.87 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Friday, February 23rd. Shareholders of record on Wednesday, February 7th were paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 1.92%. The ex-dividend date of this dividend was Tuesday, February 6th. BankFinancial’s payout ratio is 64.00%.
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BankFinancial Company 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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