Deprince Race & Zollo Inc. Reduces Holdings in BankFinancial Co. (BFIN)

Deprince Race & Zollo Inc. cut its holdings in BankFinancial Co. (NASDAQ:BFIN) by 3.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 540,507 shares of the bank’s stock after selling 17,832 shares during the quarter. Deprince Race & Zollo Inc. owned 3.28% of BankFinancial worth $8,081,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Beese Fulmer Investment Management Inc. grew its stake in shares of BankFinancial by 29.0% in the 4th quarter. Beese Fulmer Investment Management Inc. now owns 14,913 shares of the bank’s stock valued at $223,000 after buying an additional 3,350 shares during the period. O Shaughnessy Asset Management LLC acquired a new stake in BankFinancial in the 4th quarter valued at about $52,000. Bank of New York Mellon Corp lifted its holdings in BankFinancial by 4.0% in the 3rd quarter. Bank of New York Mellon Corp now owns 114,003 shares of the bank’s stock valued at $1,816,000 after acquiring an additional 4,430 shares during the last quarter. Rhumbline Advisers lifted its holdings in BankFinancial by 41.6% in the 4th quarter. Rhumbline Advisers now owns 18,839 shares of the bank’s stock valued at $282,000 after acquiring an additional 5,532 shares during the last quarter. Finally, Geode Capital Management LLC lifted its holdings in BankFinancial by 4.5% in the 4th quarter. Geode Capital Management LLC now owns 159,617 shares of the bank’s stock valued at $2,386,000 after acquiring an additional 6,842 shares during the last quarter. 66.58% of the stock is currently owned by institutional investors and hedge funds.

A number of research firms have commented on BFIN. Zacks Investment Research lowered shares of BankFinancial from a “buy” rating to a “sell” rating in a research note on Tuesday, March 26th. BidaskClub downgraded BankFinancial from a “sell” rating to a “strong sell” rating in a report on Tuesday, March 19th. ValuEngine downgraded BankFinancial from a “buy” rating to a “hold” rating in a report on Monday, February 4th. Finally, FIG Partners downgraded BankFinancial from an “outperform” rating to a “market perform” rating in a report on Friday, March 1st.

NASDAQ:BFIN traded down $0.30 during mid-day trading on Friday, reaching $15.13. The stock had a trading volume of 70,525 shares, compared to its average volume of 49,790. BankFinancial Co. has a fifty-two week low of $13.46 and a fifty-two week high of $18.62. The company has a market capitalization of $249.01 million, a P/E ratio of 17.59, a P/E/G ratio of 1.95 and a beta of 0.38. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.04 and a current ratio of 1.04.

BankFinancial (NASDAQ:BFIN) last announced its quarterly earnings data on Tuesday, April 16th. The bank reported $0.22 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.22. The firm had revenue of $14.84 million during the quarter, compared to analyst estimates of $14.80 million. BankFinancial had a return on equity of 7.85% and a net margin of 24.78%. As a group, sell-side analysts forecast that BankFinancial Co. will post 0.97 earnings per share for the current fiscal year.

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BankFinancial Company Profile

BankFinancial Corporation operates as the bank holding company for BankFinancial, National Association that provides commercial, family, and personal banking products and services in Illinois. The company accepts various deposit products, including savings, NOW, checking, money market, IRA, and other retirement accounts, as well as certificates of deposit.

Further Reading: Growth Stocks

Institutional Ownership by Quarter for BankFinancial (NASDAQ:BFIN)

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