Vanguard Group Inc. increased its stake in shares of Bear State Financial Inc (NASDAQ:BSF) by 2.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 522,139 shares of the financial services provider’s stock after buying an additional 12,108 shares during the quarter. Vanguard Group Inc. owned about 1.38% of Bear State Financial worth $4,940,000 at the end of the most recent reporting period.
Other large investors also recently modified their holdings of the company. Rhumbline Advisers boosted its holdings in shares of Bear State Financial by 21.3% during the 2nd quarter. Rhumbline Advisers now owns 21,500 shares of the financial services provider’s stock valued at $203,000 after acquiring an additional 3,775 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of Bear State Financial by 6.0% during the 2nd quarter. Bank of New York Mellon Corp now owns 90,400 shares of the financial services provider’s stock valued at $855,000 after acquiring an additional 5,135 shares in the last quarter. Alliancebernstein L.P. acquired a new stake in shares of Bear State Financial during the 2nd quarter valued at $109,000. Teachers Advisors LLC raised its position in Bear State Financial by 43.2% during the 2nd quarter. Teachers Advisors LLC now owns 37,080 shares of the financial services provider’s stock worth $351,000 after purchasing an additional 11,188 shares during the last quarter. Finally, TIAA CREF Investment Management LLC raised its position in Bear State Financial by 21.4% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 60,119 shares of the financial services provider’s stock worth $569,000 after purchasing an additional 10,579 shares during the last quarter. 12.38% of the stock is currently owned by institutional investors and hedge funds.
Bear State Financial Inc (BSF) remained flat at $$10.23 during mid-day trading on Friday. 25,434 shares of the stock were exchanged, compared to its average volume of 47,644. Bear State Financial Inc has a 52 week low of $8.66 and a 52 week high of $10.95. The firm has a market cap of $385.98, a price-to-earnings ratio of 16.77 and a beta of 1.23. The company has a debt-to-equity ratio of 1.49, a quick ratio of 1.11 and a current ratio of 1.11.
The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 15th. Stockholders of record on Wednesday, November 1st were paid a $0.03 dividend. The ex-dividend date of this dividend was Tuesday, October 31st. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.17%. Bear State Financial’s payout ratio is presently 20.69%.
Separately, BidaskClub raised Bear State Financial from a “sell” rating to a “hold” rating in a research report on Tuesday, August 22nd.
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Bear State Financial Profile
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.
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