Fourthstone LLC Purchases 350,325 Shares of BV Financial, Inc. (NASDAQ:BVFL)

Fourthstone LLC increased its position in shares of BV Financial, Inc. (NASDAQ:BVFL) by 161.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 567,778 shares of the company’s stock after acquiring an additional 350,325 shares during the quarter. BV Financial comprises 1.9% of Fourthstone LLC’s holdings, making the stock its 15th biggest position. Fourthstone LLC’s holdings in BV Financial were worth $8,715,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in BV Financial by 28.9% in the first quarter. Vanguard Group Inc. now owns 481,762 shares of the company’s stock worth $4,977,000 after purchasing an additional 108,015 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of BV Financial by 43.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 29,503 shares of the company’s stock worth $351,000 after purchasing an additional 8,866 shares in the last quarter. Finally, Courier Capital LLC purchased a new position in BV Financial during the 3rd quarter worth $384,000. Hedge funds and other institutional investors own 42.65% of the company’s stock.

BV Financial Price Performance

BV Financial stock traded down $0.03 during midday trading on Thursday, reaching $16.95. The company’s stock had a trading volume of 10,897 shares, compared to its average volume of 22,448. BV Financial, Inc. has a 52-week low of $10.14 and a 52-week high of $17.44. The stock has a market capitalization of $196.62 million, a P/E ratio of 14.24 and a beta of 0.65. The stock’s 50-day simple moving average is $15.62 and its 200-day simple moving average is $13.77.

BV Financial (NASDAQ:BVFL) last released its earnings results on Monday, October 21st. The company reported $0.35 EPS for the quarter. The company had revenue of $10.00 million during the quarter. BV Financial had a net margin of 26.18% and a return on equity of 6.27%.

BV Financial Company Profile

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.