Bear State Financial (BSF) Downgraded to Strong Sell at BidaskClub

BidaskClub downgraded shares of Bear State Financial (NASDAQ:BSF) from a sell rating to a strong sell rating in a research note published on Friday.

Bear State Financial (BSF) opened at $10.27 on Friday. Bear State Financial has a 1-year low of $8.66 and a 1-year high of $10.37. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 1.49. The stock has a market capitalization of $387.87, a price-to-earnings ratio of 15.80 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 (EPS) for the quarter. Bear State Financial had a return on equity of 10.10% and a net margin of 19.79%. The company had revenue of $22.66 million during the quarter.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 15th. Investors of record on Thursday, February 1st were issued a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a yield of 1.17%. The ex-dividend date of this dividend was Wednesday, January 31st. Bear State Financial’s payout ratio is currently 21.82%.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Alliancebernstein L.P. purchased a new position in Bear State Financial during the 2nd quarter valued at $109,000. New York State Common Retirement Fund boosted its holdings in Bear State Financial by 86.1% during the 2nd 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 boosted its holdings in Bear State Financial by 51.0% during the 3rd 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 position in Bear State Financial during the 3rd quarter valued at $267,000. Finally, California State Teachers Retirement System boosted its holdings in Bear State Financial by 1.7% during the 2nd 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. Institutional investors own 13.36% of the company’s stock.

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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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