Fourthstone LLC Grows Position in BV Financial, Inc. (NASDAQ:BVFL)

Fourthstone LLC boosted its position in shares of BV Financial, Inc. (NASDAQ:BVFL) by 161.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 567,778 shares of the company’s stock after purchasing an additional 350,325 shares during the period. BV Financial comprises 1.9% of Fourthstone LLC’s holdings, making the stock its 15th biggest holding. Fourthstone LLC owned approximately 4.98% of BV Financial worth $8,715,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in shares of BV Financial by 28.9% during the 1st quarter. Vanguard Group Inc. now owns 481,762 shares of the company’s stock worth $4,977,000 after acquiring an additional 108,015 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of BV Financial by 43.0% during 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. Finally, Courier Capital LLC purchased a new stake in shares of BV Financial during the third quarter valued at $384,000. 42.65% of the stock is owned by hedge funds and other institutional investors.

BV Financial Stock Down 0.2 %

BVFL traded down $0.03 on Thursday, reaching $16.95. 10,897 shares of the company traded hands, compared to its average volume of 22,448. The company has a market cap of $196.62 million, a P/E ratio of 14.24 and a beta of 0.65. The firm has a fifty day simple moving average of $15.62 and a two-hundred day simple moving average of $13.77. BV Financial, Inc. has a one year low of $10.14 and a one year high of $17.44.

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

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.