Bear State Financial (NASDAQ:BSF) Rating Lowered to Strong Sell at BidaskClub

BidaskClub cut shares of Bear State Financial (NASDAQ:BSF) from a sell rating to a strong sell rating in a report released on Friday, February 16th.

Bear State Financial (NASDAQ:BSF) remained flat at $$10.30 during midday trading on Friday. The stock had a trading volume of 23,554 shares, compared to its average volume of 31,921. The company has a market capitalization of $389.01, a P/E ratio of 18.75 and a beta of 1.16. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 1.49. Bear State Financial has a fifty-two week low of $8.66 and a fifty-two week high of $10.37.

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Bear State Financial (NASDAQ:BSF) last issued its earnings results on Thursday, January 18th. The financial services provider reported $0.17 earnings per share (EPS) for the quarter. The company had revenue of $22.66 million for the quarter. Bear State Financial had a return on equity of 10.10% and a net margin of 19.79%.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 15th. Shareholders of record on Thursday, February 1st were paid a $0.03 dividend. 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 21.82%.

A number of institutional investors and hedge funds have recently bought and sold shares of BSF. California State Teachers Retirement System lifted its holdings in shares of Bear State Financial by 1.7% in the 2nd quarter. California State Teachers Retirement System now owns 36,743 shares of the financial services provider’s stock worth $348,000 after buying an additional 600 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of Bear State Financial by 6.0% during the 2nd quarter. Bank of New York Mellon Corp now owns 90,400 shares of the financial services provider’s stock worth $855,000 after purchasing an additional 5,135 shares during the last quarter. Wells Fargo & Company MN lifted its stake in shares of Bear State Financial by 28.0% during the 4th quarter. Wells Fargo & Company MN now owns 29,395 shares of the financial services provider’s stock worth $301,000 after purchasing an additional 6,439 shares during the last quarter. New York State Common Retirement Fund lifted its stake in shares of 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 worth $215,000 after purchasing an additional 10,499 shares during the last quarter. Finally, TIAA CREF Investment Management LLC lifted its stake in shares of Bear State Financial by 21.4% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 60,119 shares of the financial services provider’s stock worth $569,000 after purchasing an additional 10,579 shares during the last quarter. Institutional investors own 13.66% of the company’s stock.

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About Bear State Financial

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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