Bank Mutual Corp. (NASDAQ:BKMU) was up 2.8% during trading on Wednesday . The stock traded as high as $8.01 and last traded at $7.99, with a volume of 207,181 shares. The stock had previously closed at $7.77.

Several equities research analysts recently commented on BKMU shares. Keefe, Bruyette & Woods started coverage on Bank Mutual Corp. in a research note on Thursday, April 7th. They set a “market perform” rating for the company. Zacks Investment Research raised Bank Mutual Corp. from a “hold” rating to a “buy” rating and set a $9.25 target price for the company in a research note on Wednesday, April 27th.

The stock has a market cap of $363.95 million and a price-to-earnings ratio of 24.21. The stock has a 50-day moving average of $7.81 and a 200 day moving average of $7.69.

Bank Mutual Corp. (NASDAQ:BKMU) last released its quarterly earnings data on Wednesday, April 20th. The financial services provider reported $0.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.02. During the same period in the prior year, the firm earned $0.08 earnings per share. Equities research analysts expect that Bank Mutual Corp. will post $0.36 EPS for the current year.

A number of institutional investors have added to or reduced their stakes in BKMU. SVA Plumb Wealth Management LLC acquired a new position in Bank Mutual Corp. during the fourth quarter valued at about $1,791,000. First Trust Advisors LP boosted its position in Bank Mutual Corp. by 1.3% in the fourth quarter. First Trust Advisors LP now owns 230,076 shares of the financial services provider’s stock valued at $1,795,000 after buying an additional 2,974 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in Bank Mutual Corp. by 3.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,100,389 shares of the financial services provider’s stock valued at $16,384,000 after buying an additional 62,962 shares during the period.

Bank Mutual Corporation is a savings and loan holding company. The Company owns Bank Mutual (the Bank), a federally-chartered savings bank. The Company operates through community banking segment. The Bank is engaged in the business of community banking, which includes attracting deposits from and making loans to the general public and private businesses, as well as governmental and non-profit entities.

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