MSB Financial (NASDAQ:MSBF) Upgraded to “Buy” at ValuEngine

ValuEngine upgraded shares of MSB Financial (NASDAQ:MSBF) from a hold rating to a buy rating in a research report released on Tuesday morning, ValuEngine reports.

MSB Financial stock opened at $16.40 on Tuesday. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 1.43. The firm has a 50-day moving average price of $16.01 and a two-hundred day moving average price of $16.83. The firm has a market capitalization of $85.77 million, a price-to-earnings ratio of 19.95 and a beta of 0.35. MSB Financial has a 52-week low of $13.26 and a 52-week high of $21.50.

The company also recently announced a dividend, which will be paid on Tuesday, September 10th. Shareholders of record on Wednesday, August 28th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Tuesday, August 27th.

A number of institutional investors have recently bought and sold shares of MSBF. US Bancorp DE boosted its stake in MSB Financial by 2,356.7% during the 2nd quarter. US Bancorp DE now owns 14,740 shares of the savings and loans company’s stock valued at $226,000 after purchasing an additional 14,140 shares during the period. Morgan Stanley boosted its stake in MSB Financial by 3,509.5% during the 2nd quarter. Morgan Stanley now owns 30,500 shares of the savings and loans company’s stock valued at $467,000 after purchasing an additional 29,655 shares during the period. Dimensional Fund Advisors LP boosted its stake in MSB Financial by 18.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 45,694 shares of the savings and loans company’s stock valued at $816,000 after purchasing an additional 7,002 shares during the period. Finally, Renaissance Technologies LLC boosted its stake in MSB Financial by 5.3% during the 2nd quarter. Renaissance Technologies LLC now owns 104,006 shares of the savings and loans company’s stock valued at $1,592,000 after purchasing an additional 5,229 shares during the period. 22.55% of the stock is owned by hedge funds and other institutional investors.

MSB Financial Company Profile

MSB Financial Corp. operates as the bank holding company for Millington Bank that provides various banking products and services in New Jersey. The company offers deposit products, including checking accounts; savings accounts, such as regular passbook, statement, money market, and club accounts, as well as six-level tiered savings accounts; certificates of deposit; and fixed or variable rate individual retirement accounts.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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