Malvern Bancorp Inc (NASDAQ:MLVF) SVP William Woolworth III bought 2,000 shares of the company’s stock in a transaction dated Tuesday, October 9th. The shares were acquired at an average price of $21.00 per share, for a total transaction of $42,000.00. Following the completion of the transaction, the senior vice president now directly owns 2,268 shares in the company, valued at $47,628. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

NASDAQ:MLVF opened at $20.21 on Friday. Malvern Bancorp Inc has a 52 week low of $20.11 and a 52 week high of $28.20. The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.20 and a current ratio of 1.20. The stock has a market cap of $157.48 million, a PE ratio of 19.63 and a beta of -0.16.

Malvern Bancorp (NASDAQ:MLVF) last posted its earnings results on Thursday, August 2nd. The savings and loans company reported $0.35 EPS for the quarter, missing the Zacks’ consensus estimate of $0.36 by ($0.01). Malvern Bancorp had a net margin of 15.63% and a return on equity of 7.56%. The business had revenue of $7.69 million for the quarter.

A number of research firms have recently commented on MLVF. Sandler O’Neill upgraded Malvern Bancorp from a “hold” rating to a “buy” rating and set a $24.00 target price on the stock in a research report on Monday, October 8th. Keefe, Bruyette & Woods restated a “market perform” rating and set a $23.00 target price (down from $29.00) on shares of Malvern Bancorp in a research report on Friday, October 5th.

Institutional investors have recently modified their holdings of the stock. Renaissance Technologies LLC lifted its stake in Malvern Bancorp by 18.1% in the 2nd quarter. Renaissance Technologies LLC now owns 34,352 shares of the savings and loans company’s stock valued at $836,000 after buying an additional 5,277 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Malvern Bancorp by 23.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 57,293 shares of the savings and loans company’s stock valued at $1,490,000 after buying an additional 11,014 shares in the last quarter. Finally, BlackRock Inc. lifted its stake in Malvern Bancorp by 3.7% in the 2nd quarter. BlackRock Inc. now owns 291,518 shares of the savings and loans company’s stock valued at $7,098,000 after buying an additional 10,266 shares in the last quarter. 60.38% of the stock is currently owned by hedge funds and other institutional investors.

About Malvern Bancorp

Malvern Bancorp, Inc operates as the holding company for Malvern Federal Savings Bank that provides various banking products and services to consumer and business customers in Pennsylvania. The company offers checking accounts, retirement accounts, money market accounts, time and savings accounts, interest and non-interest bearing accounts, NOW accounts, and CDARS/ICS reciprocal deposits; and debit and credit card, wire transfer, automated teller, Internet banking, ACH origination, safe deposit box, telephone banking, and mobile banking services.

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