Analysts at StockNews.com assumed coverage on shares of Malvern Bancorp (NASDAQ:MLVF – Get Rating) in a research report issued to clients and investors on Tuesday. The brokerage set a “hold” rating on the savings and loans company’s stock.
Malvern Bancorp Stock Performance
Shares of MLVF stock opened at $15.27 on Tuesday. The company has a market cap of $116.66 million, a price-to-earnings ratio of 16.78 and a beta of 0.66. The stock has a 50 day simple moving average of $15.08 and a 200-day simple moving average of $16.25. Malvern Bancorp has a 12-month low of $14.06 and a 12-month high of $18.45. The company has a current ratio of 1.14, a quick ratio of 1.12 and a debt-to-equity ratio of 0.68.
Hedge Funds Weigh In On Malvern Bancorp
A number of large investors have recently modified their holdings of MLVF. UBS Group AG raised its stake in shares of Malvern Bancorp by 28,050.0% during the 4th quarter. UBS Group AG now owns 2,815 shares of the savings and loans company’s stock worth $50,000 after buying an additional 2,805 shares in the last quarter. Advisor Group Holdings Inc. purchased a new position in shares of Malvern Bancorp during the 4th quarter worth approximately $90,000. State Street Corp raised its stake in shares of Malvern Bancorp by 11.8% during the 2nd quarter. State Street Corp now owns 12,306 shares of the savings and loans company’s stock worth $198,000 after buying an additional 1,300 shares in the last quarter. Commonwealth Equity Services LLC raised its stake in shares of Malvern Bancorp by 5.4% during the 3rd quarter. Commonwealth Equity Services LLC now owns 14,228 shares of the savings and loans company’s stock worth $204,000 after buying an additional 726 shares in the last quarter. Finally, Gabelli Funds LLC acquired a new stake in shares of Malvern Bancorp in the 4th quarter worth approximately $248,000. 44.88% of the stock is owned by hedge funds and other institutional investors.
Malvern Bancorp Company Profile
Malvern Bancorp, Inc is a bank holding company, which engages in the ownership and operation of banks. It consists of attracting deposits from businesses and the general public and investing those deposits, together with borrowings and funds generated from operations, in commercial and multi-family real estate loans, one- to four-family residential real estate loans, construction and development loans, commercial business loans, home equity loans, and lines of credit and other consumer loans.
See Also
- Get a free copy of the StockNews.com research report on Malvern Bancorp (MLVF)
- Surging Over 100%: Small Cap Electric Boat Maker Makes Waves
- Sleeper AI-Play MongoDB Could Triple In Size
- SunCar Technology Stock Overheats…Will it Rise Again?
- OPEC Meeting: Is Saudi Arabia Trying to Squeeze the Oil Market?
- Buffett-Backed BYD Caught In The Chinese Government’s Stimulus
Receive News & Ratings for Malvern Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Malvern Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.
