BV Financial (NASDAQ:BVFL) Shares Down 0.9% – Should You Sell?

Shares of BV Financial, Inc. (NASDAQ:BVFL) fell 0.9% during mid-day trading on Friday . The company traded as low as $19.51 and last traded at $19.51. 20,649 shares traded hands during trading, an increase of 56% from the average session volume of 13,262 shares. The stock had previously closed at $19.68.

Analysts Set New Price Targets

BVFL has been the subject of several research analyst reports. Weiss Ratings reissued a “hold (c+)” rating on shares of BV Financial in a research report on Monday, December 29th. Wall Street Zen upgraded BV Financial from a “sell” rating to a “hold” rating in a report on Saturday, November 15th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock has an average rating of “Hold”.

BV Financial Price Performance

The business’s 50 day simple moving average is $18.82 and its 200 day simple moving average is $17.33. The stock has a market cap of $173.64 million, a P/E ratio of 13.27 and a beta of 0.42.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Goldman Sachs Group Inc. grew its position in BV Financial by 40.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 44,779 shares of the company’s stock worth $683,000 after acquiring an additional 12,941 shares during the last quarter. Jane Street Group LLC grew its holdings in shares of BV Financial by 74.4% during the first quarter. Jane Street Group LLC now owns 41,727 shares of the company’s stock worth $637,000 after purchasing an additional 17,798 shares during the last quarter. Nisa Investment Advisors LLC acquired a new stake in shares of BV Financial in the second quarter valued at $25,000. Geode Capital Management LLC raised its holdings in shares of BV Financial by 95.5% in the second quarter. Geode Capital Management LLC now owns 207,445 shares of the company’s stock valued at $3,160,000 after buying an additional 101,350 shares during the last quarter. Finally, Police & Firemen s Retirement System of New Jersey bought a new stake in BV Financial during the 2nd quarter worth about $30,000. Institutional investors own 42.65% of the company’s stock.

About BV Financial

BV Financial, Inc operates as the holding company for BayVanguard Bank that provides various financial services to individuals and businesses in Maryland. The company offers checking and money market accounts, savings accounts, and certificates of deposits. Its loan products include real estate, home equity, construction, lot, auto, boat, and other personal loans; and commercial lending products, such as commercial equipment/installation, commercial real estate, construction, investment real estate, lines of credit, and SBA loans, as well as loans for short-term real estate purchase, renovation, and sale projects.