Gabelli Funds LLC grew its position in shares of Bear State Financial Inc (NASDAQ:BSF) by 425.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 136,626 shares of the financial services provider’s stock after purchasing an additional 110,648 shares during the period. Gabelli Funds LLC owned approximately 0.36% of Bear State Financial worth $1,398,000 as of its most recent SEC filing.
A number of other large investors have also recently added to or reduced their stakes in the business. Alliancebernstein L.P. purchased a new stake in shares of Bear State Financial during the second quarter worth $109,000. New York State Common Retirement Fund increased its position in shares of 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 worth $215,000 after acquiring an additional 10,499 shares during the period. Wells Fargo & Company MN increased its position in shares of 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 worth $236,000 after acquiring an additional 7,753 shares during the period. California State Teachers Retirement System increased its position in shares of 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 worth $348,000 after acquiring an additional 600 shares during the period. Finally, Teachers Advisors LLC increased its position in shares of Bear State Financial by 43.2% during the second quarter. Teachers Advisors LLC now owns 37,080 shares of the financial services provider’s stock worth $351,000 after acquiring an additional 11,188 shares during the period. Institutional investors own 12.93% of the company’s stock.
Shares of Bear State Financial Inc (NASDAQ BSF) opened at $10.26 on Wednesday. Bear State Financial Inc has a 12-month low of $8.66 and a 12-month high of $10.37. 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 has a market capitalization of $387.12, a price-to-earnings ratio of 15.77 and a beta of 1.22.
Bear State Financial (NASDAQ:BSF) last posted its quarterly earnings data on Thursday, January 18th. The financial services provider reported $0.17 earnings per share for the quarter. Bear State Financial had a return on equity of 10.10% and a net margin of 19.79%. The business had revenue of $22.66 million for the quarter.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 15th. Stockholders of record on Thursday, February 1st will be given a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.17%. The ex-dividend date of this dividend is Wednesday, January 31st. Bear State Financial’s dividend payout ratio is currently 21.82%.
Separately, BidaskClub raised Bear State Financial from a “strong sell” rating to a “sell” rating in a research report on Wednesday, December 6th.
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Bear State Financial Company 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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