William Penn Bancorporation (NASDAQ:WMPN) Shares Up 1.3%

William Penn Bancorporation (NASDAQ:WMPN) shares shot up 1.3% during trading on Thursday . The company traded as high as $12.17 and last traded at $11.95. 15,410 shares changed hands during trading, an increase of 8% from the average session volume of 14,314 shares. The stock had previously closed at $11.80.

William Penn Bancorporation Trading Up 1.3 %

The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.41. The firm has a 50 day moving average price of $11.83 and a 200 day moving average price of $11.95. The stock has a market capitalization of $110.66 million, a PE ratio of 132.78 and a beta of -0.04.

William Penn Bancorporation (NASDAQ:WMPN) last released its quarterly earnings results on Wednesday, July 17th. The company reported ($0.02) EPS for the quarter, beating analysts’ consensus estimates of ($0.09) by $0.07. The business had revenue of $8.92 million during the quarter, compared to analyst estimates of $4.52 million. William Penn Bancorporation had a negative return on equity of 0.16% and a net margin of 0.48%.

William Penn Bancorporation Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, August 8th. Investors of record on Monday, July 29th were issued a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 1.00%. The ex-dividend date was Monday, July 29th. William Penn Bancorporation’s dividend payout ratio (DPR) is presently 133.33%.

Institutional Investors Weigh In On William Penn Bancorporation

Several institutional investors and hedge funds have recently added to or reduced their stakes in WMPN. Acadian Asset Management LLC purchased a new position in shares of William Penn Bancorporation in the 1st quarter worth approximately $48,000. Dryden Capital LLC grew its stake in William Penn Bancorporation by 722.5% in the 2nd quarter. Dryden Capital LLC now owns 228,560 shares of the company’s stock valued at $2,606,000 after purchasing an additional 200,773 shares during the period. Finally, Wittenberg Investment Management Inc. purchased a new stake in shares of William Penn Bancorporation during the 1st quarter valued at $124,000. Hedge funds and other institutional investors own 31.18% of the company’s stock.

About William Penn Bancorporation

William Penn Bancorporation operates as the holding company for William Penn Bank that provides retail and commercial banking products and related financial services in the United States. The company offers time, savings, money market, and demand deposits; certificates of deposit; and non-interest bearing and interest-bearing checking, as well as money market, NOW, savings and club, and individual retirement accounts.