Bear State Financial (BSF) Downgraded by BidaskClub to “Strong Sell”
BidaskClub cut shares of Bear State Financial (NASDAQ:BSF) from a sell rating to a strong sell rating in a research note released on Friday morning.
Shares of Bear State Financial (NASDAQ:BSF) opened at $10.27 on Friday. The company has a market capitalization of $387.87, a P/E ratio of 18.67 and a beta of 1.22. The company has a debt-to-equity ratio of 1.49, a quick ratio of 1.11 and a current ratio of 1.11. Bear State Financial has a 52 week low of $8.66 and a 52 week high of $10.37.
Bear State Financial (NASDAQ:BSF) last announced its quarterly earnings results on Thursday, January 18th. The financial services provider reported $0.17 EPS for the quarter. The business had revenue of $22.66 million for the quarter. Bear State Financial had a return on equity of 10.10% and a net margin of 19.79%.
A number of hedge funds have recently bought and sold shares of BSF. Stephens Inc. AR purchased a new stake in Bear State Financial in the 3rd quarter valued at approximately $2,186,000. Gabelli Funds LLC lifted its stake in Bear State Financial by 425.9% in the 4th quarter. Gabelli Funds LLC now owns 136,626 shares of the financial services provider’s stock valued at $1,398,000 after buying an additional 110,648 shares in the last quarter. GABELLI & Co INVESTMENT ADVISERS INC. purchased a new stake in Bear State Financial in the 4th quarter valued at approximately $1,038,000. Deutsche Bank AG lifted its stake in Bear State Financial by 70.8% in the 4th quarter. Deutsche Bank AG now owns 133,898 shares of the financial services provider’s stock valued at $1,369,000 after buying an additional 55,481 shares in the last quarter. Finally, Renaissance Technologies LLC lifted its stake in Bear State Financial by 19.9% in the 4th quarter. Renaissance Technologies LLC now owns 280,374 shares of the financial services provider’s stock valued at $2,868,000 after buying an additional 46,500 shares in the last quarter. 13.36% of the stock is currently owned by hedge funds and other institutional investors.
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Bear State Financial Company Profile
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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