BV Financial (NASDAQ:BVFL) Shares Down 0.9% – Time to Sell?

BV Financial, Inc. (NASDAQ:BVFL)’s share price dropped 0.9% during trading on Friday . The stock traded as low as $19.51 and last traded at $19.51. Approximately 20,649 shares were traded during trading, an increase of 56% from the average daily volume of 13,262 shares. The stock had previously closed at $19.68.

Wall Street Analyst Weigh In

BVFL has been the subject of several recent research reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of BV Financial in a research report on Monday, December 29th. Wall Street Zen upgraded shares of BV Financial from a “sell” rating to a “hold” rating in a research note on Saturday, November 15th. One analyst has rated the stock with a Hold rating, According to MarketBeat, BV Financial has an average rating of “Hold”.

BV Financial Stock Performance

The firm has a fifty day simple moving average of $18.82 and a 200-day simple moving average of $17.32. The company has a market capitalization of $173.72 million, a PE ratio of 13.27 and a beta of 0.42.

Institutional Trading of BV Financial

Several institutional investors have recently added to or reduced their stakes in BVFL. Vanguard Group Inc. increased its position 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 worth $8,073,000 after purchasing an additional 4,254 shares during the last quarter. Geode Capital Management LLC grew its stake in BV Financial by 95.5% in the second quarter. Geode Capital Management LLC now owns 207,445 shares of the company’s stock worth $3,160,000 after purchasing an additional 101,350 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in BV Financial by 7.3% in the fourth 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 last quarter. Raymond James Financial Inc. increased its holdings in BV Financial by 2.8% in the third quarter. Raymond James Financial Inc. now owns 84,231 shares of the company’s stock valued at $1,358,000 after buying an additional 2,314 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in BV Financial by 40.6% during the first 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 in the last quarter. 42.65% of the stock is owned by institutional investors and hedge funds.

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.