Mid-Southern Bancorp (NASDAQ:MSVB) Trading 0.3% Higher

Mid-Southern Bancorp, Inc. (NASDAQ:MSVBGet Rating)’s share price traded up 0.3% on Friday . The stock traded as high as $9.24 and last traded at $9.20. 2,970 shares were traded during trading, an increase of 2% from the average session volume of 2,912 shares. The stock had previously closed at $9.17.

Wall Street Analysts Forecast Growth

Separately, TheStreet cut Mid-Southern Bancorp from a “b-” rating to a “c” rating in a research report on Monday, April 24th.

Mid-Southern Bancorp Stock Performance

The company has a market capitalization of $26.50 million, a PE ratio of 14.15 and a beta of 0.13. The business’s fifty day moving average is $11.02 and its two-hundred day moving average is $12.28. The company has a current ratio of 0.74, a quick ratio of 0.73 and a debt-to-equity ratio of 0.72.

Mid-Southern Bancorp (NASDAQ:MSVBGet Rating) last announced its earnings results on Tuesday, February 21st. The company reported $0.14 earnings per share for the quarter. The business had revenue of $2.29 million during the quarter. Mid-Southern Bancorp had a net margin of 16.51% and a return on equity of 5.26%.

Mid-Southern Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 26th. Shareholders of record on Friday, May 12th will be paid a dividend of $0.06 per share. The ex-dividend date of this dividend is Thursday, May 11th. This represents a $0.24 dividend on an annualized basis and a yield of 2.61%. Mid-Southern Bancorp’s dividend payout ratio is presently 36.92%.

Institutional Investors Weigh In On Mid-Southern Bancorp

A number of hedge funds have recently added to or reduced their stakes in MSVB. Alliancebernstein L.P. increased its stake in shares of Mid-Southern Bancorp by 1.1% in the 3rd quarter. Alliancebernstein L.P. now owns 208,193 shares of the company’s stock worth $2,790,000 after purchasing an additional 2,223 shares in the last quarter. Susquehanna International Group LLP increased its stake in shares of Mid-Southern Bancorp by 14.9% in the 1st quarter. Susquehanna International Group LLP now owns 18,631 shares of the company’s stock worth $212,000 after purchasing an additional 2,412 shares in the last quarter. Finally, Vanguard Group Inc. increased its stake in shares of Mid-Southern Bancorp by 6.9% in the 1st quarter. Vanguard Group Inc. now owns 43,239 shares of the company’s stock worth $640,000 after purchasing an additional 2,803 shares in the last quarter. 25.48% of the stock is currently owned by hedge funds and other institutional investors.

Mid-Southern Bancorp Company Profile

(Get Rating)

Mid-Southern Bancorp, Inc is the savings and loan holding company of Mid-Southern Savings Bank. It originates from one-to-four family residential real estate loans including home equity lines of credit, commercial, multifamily real estate, and construction loans. The firm offers commercial business and other consumer loans.

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