TIAA CREF Investment Management LLC boosted its holdings in shares of Bear State Financial, Inc. (NASDAQ:BSF) by 21.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 60,119 shares of the financial services provider’s stock after purchasing an additional 10,579 shares during the period. TIAA CREF Investment Management LLC owned approximately 0.16% of Bear State Financial worth $569,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Rhumbline Advisers lifted its position in shares of Bear State Financial by 21.3% in the 2nd quarter. Rhumbline Advisers now owns 21,500 shares of the financial services provider’s stock valued at $203,000 after acquiring an additional 3,775 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of Bear State Financial by 6.0% in the 2nd quarter. Bank of New York Mellon Corp now owns 90,400 shares of the financial services provider’s stock valued at $855,000 after acquiring an additional 5,135 shares in the last quarter. Alliancebernstein L.P. purchased a new stake in shares of Bear State Financial in the 2nd quarter valued at approximately $109,000. Finally, Teachers Advisors LLC lifted its position in shares of Bear State Financial by 43.2% in the 2nd quarter. Teachers Advisors LLC now owns 37,080 shares of the financial services provider’s stock valued at $351,000 after acquiring an additional 11,188 shares in the last quarter. 11.13% of the stock is owned by institutional investors and hedge funds.

Separately, BidaskClub upgraded shares of Bear State Financial from a “strong sell” rating to a “sell” rating in a research report on Monday, July 31st.

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Shares of Bear State Financial, Inc. (BSF) opened at $10.26 on Friday. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.11 and a quick ratio of 1.11. The company has a market cap of $386.35, a P/E ratio of 16.79 and a beta of 1.26. Bear State Financial, Inc. has a 12-month low of $8.66 and a 12-month high of $10.95.

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 15th. Investors of record on Wednesday, November 1st were given a $0.03 dividend. The ex-dividend date of this dividend was Tuesday, October 31st. This represents a $0.12 annualized dividend and a dividend yield of 1.17%. Bear State Financial’s dividend payout ratio (DPR) is presently 20.69%.

About Bear State Financial

Bear State Financial, Inc is a bank holding company. The Company’s subsidiary Bear State Bank, N.A. (the Bank) is a community-oriented financial institution, which offers a range of retail and business deposit accounts, including noninterest bearing and interest bearing checking accounts, savings and money market accounts, certificates of deposit and individual retirement accounts.

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Institutional Ownership by Quarter for Bear State Financial (NASDAQ:BSF)

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