Barclays PLC Buys New Stake in BV Financial, Inc. (NASDAQ:BVFL)

Barclays PLC bought a new position in BV Financial, Inc. (NASDAQ:BVFL) in the third quarter, according to the company in its most recent filing with the SEC. The fund bought 3,382 shares of the company’s stock, valued at approximately $52,000.

A number of other hedge funds have also bought and sold shares of BVFL. Dimensional Fund Advisors LP lifted its stake in BV Financial by 43.0% in the second quarter. Dimensional Fund Advisors LP now owns 29,503 shares of the company’s stock worth $351,000 after purchasing an additional 8,866 shares during the last quarter. Courier Capital LLC purchased a new stake in BV Financial in the third quarter worth about $384,000. Finally, Fourthstone LLC increased its holdings in BV Financial by 161.1% during the third quarter. Fourthstone LLC now owns 567,778 shares of the company’s stock valued at $8,715,000 after buying an additional 350,325 shares during the period. Institutional investors own 42.65% of the company’s stock.

BV Financial Price Performance

Shares of NASDAQ BVFL opened at $17.02 on Friday. BV Financial, Inc. has a 1-year low of $10.14 and a 1-year high of $18.19. The stock has a market capitalization of $197.40 million, a P/E ratio of 14.30 and a beta of 0.67. The business has a fifty day moving average price of $16.84 and a 200 day moving average price of $15.10.

BV Financial (NASDAQ:BVFL) last released its quarterly earnings results on Monday, October 21st. The company reported $0.35 EPS for the quarter. The company had revenue of $10.00 million during the quarter. BV Financial had a return on equity of 6.27% and a net margin of 26.18%.

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.