First Trust Advisors LP Has $666,000 Holdings in BankFinancial Co. (BFIN)

First Trust Advisors LP cut its stake in BankFinancial Co. (NASDAQ:BFIN) by 7.7% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 44,546 shares of the bank’s stock after selling 3,738 shares during the quarter. First Trust Advisors LP owned about 0.26% of BankFinancial worth $666,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in BFIN. Renaissance Technologies LLC increased its holdings in BankFinancial by 3.1% during the 3rd quarter. Renaissance Technologies LLC now owns 891,100 shares of the bank’s stock valued at $14,204,000 after purchasing an additional 26,900 shares during the period. Vanguard Group Inc increased its holdings in BankFinancial by 3.3% during the 3rd quarter. Vanguard Group Inc now owns 823,957 shares of the bank’s stock valued at $13,134,000 after purchasing an additional 26,521 shares during the period. Rhumbline Advisers increased its holdings in BankFinancial by 41.6% during the 4th quarter. Rhumbline Advisers now owns 18,839 shares of the bank’s stock valued at $282,000 after purchasing an additional 5,532 shares during the period. Beese Fulmer Investment Management Inc. increased its holdings in BankFinancial by 29.0% during the 4th quarter. Beese Fulmer Investment Management Inc. now owns 14,913 shares of the bank’s stock valued at $223,000 after purchasing an additional 3,350 shares during the period. Finally, Vanguard Group Inc. grew its holdings in shares of BankFinancial by 3.3% during the 3rd quarter. Vanguard Group Inc. now owns 823,957 shares of the bank’s stock worth $13,134,000 after acquiring an additional 26,521 shares during the period. Institutional investors own 66.58% of the company’s stock.

A number of research analysts have weighed in on the company. Zacks Investment Research downgraded BankFinancial from a “buy” rating to a “sell” rating in a report 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 cut BankFinancial from an “outperform” rating to a “market perform” rating in a research report on Friday, March 1st.

Shares of BFIN traded down $0.30 during mid-day trading on Friday, reaching $15.13. The company had a trading volume of 70,525 shares, compared to its average volume of 49,790. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.11. BankFinancial Co. has a 52 week low of $13.46 and a 52 week high of $18.62. The stock has a market cap 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.

BankFinancial (NASDAQ:BFIN) last issued its quarterly earnings results on Tuesday, April 16th. The bank reported $0.22 EPS for the quarter, hitting analysts’ consensus estimates of $0.22. BankFinancial had a return on equity of 7.85% and a net margin of 24.78%. The firm had revenue of $14.84 million for the quarter, compared to analysts’ expectations of $14.80 million. On average, equities analysts anticipate that BankFinancial Co. will post 0.97 EPS for the current year.

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About BankFinancial

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.

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Institutional Ownership by Quarter for BankFinancial (NASDAQ:BFIN)

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