Bear State Financial (NASDAQ:BSF) was downgraded by research analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a research report issued to clients and investors on Thursday.
Shares of Bear State Financial (BSF) opened at $10.29 on Thursday. The company has a market capitalization of $387.49, a price-to-earnings ratio of 17.15 and a beta of 1.16. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.11 and a quick ratio of 1.11. Bear State Financial has a 1 year low of $8.66 and a 1 year high of $10.37.
Bear State Financial (NASDAQ:BSF) last announced its quarterly earnings data on Thursday, January 18th. The financial services provider reported $0.17 EPS for the quarter. The business had revenue of $22.66 million during the quarter. Bear State Financial had a return on equity of 10.10% and a net margin of 19.79%.
Hedge funds have recently bought and sold shares of the business. Alliancebernstein L.P. purchased a new stake in Bear State Financial during the second quarter valued at about $109,000. New York State Common Retirement Fund grew its position in Bear State Financial by 86.1% during the second quarter. New York State Common Retirement Fund now owns 22,700 shares of the financial services provider’s stock valued at $215,000 after acquiring an additional 10,499 shares during the period. Wells Fargo & Company MN grew its position in Bear State Financial by 51.0% during the third quarter. Wells Fargo & Company MN now owns 22,956 shares of the financial services provider’s stock valued at $236,000 after acquiring an additional 7,753 shares during the period. Gabelli Funds LLC purchased a new stake in Bear State Financial during the third quarter valued at about $267,000. Finally, California State Teachers Retirement System grew its position in Bear State Financial by 1.7% during the second quarter. California State Teachers Retirement System now owns 36,743 shares of the financial services provider’s stock valued at $348,000 after acquiring an additional 600 shares during the period. 13.66% of the stock is owned by hedge funds and other institutional investors.
COPYRIGHT VIOLATION NOTICE: “Bear State Financial (BSF) Lowered to Strong Sell at BidaskClub” was posted by Ticker Report and is the property of of Ticker Report. If you are viewing this news story on another publication, it was copied illegally and reposted in violation of US & international copyright & trademark legislation. The original version of this news story can be accessed at https://www.tickerreport.com/banking-finance/3253842/bear-state-financial-bsf-lowered-to-strong-sell-at-bidaskclub.html.
About Bear State Financial
Bear State Financial, Inc is a bank holding company. The Company’s subsidiary Bear State Bank, N.A. (the Bank) is a community-oriented financial institution, which offers a range of retail and business deposit accounts, including noninterest bearing and interest bearing checking accounts, savings and money market accounts, certificates of deposit and individual retirement accounts.
Receive News & Ratings for Bear State Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bear State Financial and related companies with MarketBeat.com's FREE daily email newsletter.