Shares of Bank Mutual Corp. (NASDAQ:BKMU) saw an uptick in trading volume on Thursday . 233,715 shares traded hands during trading, an increase of 196% from the previous session’s volume of 78,885 shares.The stock last traded at $7.74 and had previously closed at $7.66.

Separately, Zacks Investment Research downgraded shares of Bank Mutual Corp. from a “buy” rating to a “hold” rating in a report on Wednesday, July 27th.

The company has a market cap of $352.18 million and a price-to-earnings ratio of 22.721. The company has a 50-day moving average price of $7.67 and a 200 day moving average price of $7.72.

Bank Mutual Corp. (NASDAQ:BKMU) last announced its earnings results on Wednesday, July 20th. The financial services provider reported $0.09 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.08 by $0.01. During the same quarter last year, the business posted $0.08 earnings per share. Analysts anticipate that Bank Mutual Corp. will post $0.36 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 29th. Stockholders of record on Friday, August 12th will be paid a $0.055 dividend. This represents a $0.22 annualized dividend and a dividend yield of 2.85%. The ex-dividend date is Wednesday, August 10th.

A hedge fund recently raised its stake in Bank Mutual Corp. stock. Schwab Charles Investment Management Inc. raised its stake in Bank Mutual Corp. (NASDAQ:BKMU) by 2.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 145,962 shares of the financial services provider’s stock after buying an additional 3,067 shares during the period. Schwab Charles Investment Management Inc. owned 0.32% of Bank Mutual Corp. worth $1,139,000 at the end of the most recent reporting 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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