Bank Mutual Corp. (NASDAQ:BKMU) shares 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 lowered shares of Bank Mutual Corp. from a “buy” rating to a “hold” rating in a research report on Wednesday, July 27th.

The firm has a market cap of $351.95 million and a price-to-earnings ratio of 22.71. The company’s 50 day moving average is $7.68 and its 200-day moving average is $7.72.

Bank Mutual Corp. (NASDAQ:BKMU) last issued its quarterly earnings data on Wednesday, July 20th. The financial services provider reported $0.09 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.08 by $0.01. During the same quarter in the prior year, the company earned $0.08 earnings per share. Equities research analysts predict that Bank Mutual Corp. will post $0.36 EPS for the current fiscal year.

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

An institutional investor recently raised its position in Bank Mutual Corp. stock. Schwab Charles Investment Management Inc. boosted its stake in shares of Bank Mutual Corp. (NASDAQ:BKMU) by 2.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund 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 quarter.

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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