Zacks Investment Research cut shares of BankFinancial Corporation (NASDAQ:BFIN) from a buy rating to a hold rating in a report released on Monday.

According to Zacks, “BankFinancial Corporation is the holding company for BankFinancial, F.S.B., a full-service, community-oriented savings bank providing financial services to individuals, families and businesses through eighteen full-service banking offices, located in Cook, DuPage, Lake and Will Counties, Illinois. “

Several other equities research analysts also recently issued reports on the stock. DA Davidson downgraded shares of BankFinancial Corporation from a buy rating to a neutral rating and set a $16.75 price objective for the company. in a research note on Thursday, September 28th. BidaskClub upgraded shares of BankFinancial Corporation from a hold rating to a buy rating in a research note on Saturday, August 19th. Finally, FIG Partners upgraded shares of BankFinancial Corporation from a market perform rating to an outperform rating and boosted their price objective for the stock from $16.00 to $17.00 in a research note on Monday, July 31st.

BankFinancial Corporation (NASDAQ:BFIN) traded down 0.37% during trading on Monday, hitting $16.15. 1,346 shares of the company were exchanged. BankFinancial Corporation has a 12 month low of $12.15 and a 12 month high of $16.89. The company has a market capitalization of $296.03 million, a price-to-earnings ratio of 32.89 and a beta of 0.54. The company has a 50-day moving average of $15.96 and a 200-day moving average of $15.18.

BankFinancial Corporation (NASDAQ:BFIN) last released its quarterly earnings data on Wednesday, July 26th. The bank reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.01). BankFinancial Corporation had a return on equity of 4.55% and a net margin of 15.58%. The business had revenue of $13.80 million for the quarter, compared to analysts’ expectations of $14.25 million. Analysts forecast that BankFinancial Corporation will post $0.60 EPS for the current year.

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BankFinancial Corporation announced that its board has initiated a stock repurchase program on Friday, July 28th that allows the company to buyback 250,000 shares. This buyback authorization allows the bank to purchase shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s leadership believes its shares are undervalued.

In other BankFinancial Corporation news, Director John M. Hausmann sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 2nd. The shares were sold at an average price of $15.73, for a total transaction of $78,650.00. Following the completion of the sale, the director now directly owns 69,069 shares in the company, valued at $1,086,455.37. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP James J. Brennan sold 15,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 8th. The stock was sold at an average price of $16.06, for a total transaction of $240,900.00. Following the sale, the executive vice president now owns 73,635 shares of the company’s stock, valued at $1,182,578.10. The disclosure for this sale can be found here. 15.45% of the stock is owned by insiders.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. State Street Corp boosted its stake in shares of BankFinancial Corporation by 32.0% in the second quarter. State Street Corp now owns 465,027 shares of the bank’s stock valued at $6,936,000 after purchasing an additional 112,676 shares during the period. Thrivent Financial For Lutherans boosted its stake in shares of BankFinancial Corporation by 46.4% in the second quarter. Thrivent Financial For Lutherans now owns 118,832 shares of the bank’s stock valued at $1,773,000 after purchasing an additional 37,662 shares during the period. Pacific Alternative Asset Management Company LLC boosted its stake in shares of BankFinancial Corporation by 27.9% in the second quarter. Pacific Alternative Asset Management Company LLC now owns 142,026 shares of the bank’s stock valued at $2,119,000 after purchasing an additional 31,016 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of BankFinancial Corporation by 39.7% in the second quarter. JPMorgan Chase & Co. now owns 106,433 shares of the bank’s stock valued at $1,589,000 after purchasing an additional 30,265 shares during the period. Finally, Kennedy Capital Management Inc. boosted its stake in shares of BankFinancial Corporation by 8.1% in the first quarter. Kennedy Capital Management Inc. now owns 404,407 shares of the bank’s stock valued at $5,872,000 after purchasing an additional 30,213 shares during the period. Institutional investors own 62.37% of the company’s stock.

BankFinancial Corporation Company Profile

BankFinancial Corporation is the bank holding company for BankFinancial, National Association (the Bank). The Bank is a full-service, community-oriented national bank principally engaged in the business of commercial, family and personal banking. The Bank offers its customers a range of loan, deposit and other financial products and services through its full-service Illinois-based banking offices located in Cook, DuPage, Lake and Will Counties, and through its Internet branch, www.bankfinancial.com.

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