First Quadrant L P CA grew its position in shares of BankFinancial Corporation (NASDAQ:BFIN) by 179.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 26,095 shares of the bank’s stock after buying an additional 16,754 shares during the quarter. First Quadrant L P CA owned approximately 0.14% of BankFinancial Corporation worth $415,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also recently made changes to their positions in BFIN. American International Group Inc. lifted its holdings in shares of BankFinancial Corporation by 7.3% during the 1st quarter. American International Group Inc. now owns 9,365 shares of the bank’s stock valued at $136,000 after buying an additional 634 shares during the last quarter. Goldman Sachs Group Inc. acquired a new stake in shares of BankFinancial Corporation during the 2nd quarter valued at about $167,000. Bank of America Corp DE lifted its holdings in shares of BankFinancial Corporation by 3.3% during the 1st quarter. Bank of America Corp DE now owns 13,870 shares of the bank’s stock valued at $201,000 after buying an additional 447 shares during the last quarter. Russell Investments Group Ltd. lifted its holdings in shares of BankFinancial Corporation by 12.1% during the 1st quarter. Russell Investments Group Ltd. now owns 15,120 shares of the bank’s stock valued at $220,000 after buying an additional 1,631 shares during the last quarter. Finally, Parametric Portfolio Associates LLC lifted its holdings in shares of BankFinancial Corporation by 4.9% during the 1st quarter. Parametric Portfolio Associates LLC now owns 15,381 shares of the bank’s stock valued at $223,000 after buying an additional 725 shares during the last quarter. Institutional investors and hedge funds own 63.60% of the company’s stock.
In related news, EVP James J. Brennan sold 15,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 8th. The stock was sold at an average price of $16.06, for a total value of $240,900.00. Following the completion of the sale, the executive vice president now directly owns 73,635 shares in the company, valued at approximately $1,182,578.10. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 15.45% of the stock is currently owned by insiders.
Shares of BankFinancial Corporation (NASDAQ:BFIN) opened at $15.86 on Monday. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.06 and a quick ratio of 1.06. The firm has a market capitalization of $286.26, a price-to-earnings ratio of 28.32, a P/E/G ratio of 3.22 and a beta of 0.47.
BankFinancial Corporation (NASDAQ:BFIN) last posted its earnings results on Thursday, October 26th. The bank reported $0.20 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.19 by $0.01. BankFinancial Corporation had a return on equity of 5.09% and a net margin of 17.00%. The firm had revenue of $14.13 million during the quarter, compared to analyst estimates of $14.45 million. equities research analysts forecast that BankFinancial Corporation will post 0.62 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, November 24th. Investors of record on Wednesday, November 8th will be issued a $0.08 dividend. This is a positive change from BankFinancial Corporation’s previous quarterly dividend of $0.07. This represents a $0.32 annualized dividend and a yield of 2.02%. The ex-dividend date is Tuesday, November 7th. BankFinancial Corporation’s payout ratio is 50.00%.
BankFinancial Corporation declared that its Board of Directors has approved a stock buyback program on Friday, July 28th that allows the company to repurchase 250,000 outstanding shares. This repurchase authorization allows the bank to repurchase shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company’s leadership believes its stock is undervalued.
Several equities research analysts have recently issued reports on BFIN shares. Zacks Investment Research lowered BankFinancial Corporation from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. BidaskClub upgraded BankFinancial Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, August 8th. DA Davidson lowered BankFinancial Corporation from a “buy” rating to a “neutral” rating and set a $16.75 price target for the company. in a report on Thursday, September 28th. Finally, FIG Partners upgraded BankFinancial Corporation from a “market perform” rating to an “outperform” rating and lifted their price target for the company from $16.00 to $17.00 in a report on Monday, July 31st.
BankFinancial Corporation Profile
BankFinancial Corporation is the bank holding company for BankFinancial, National Association (the Bank). The Bank is a full-service, community-oriented national bank principally engaged in the business of commercial, family and personal banking. The Bank offers its customers a range of loan, deposit and other financial products and services through its full-service Illinois-based banking offices located in Cook, DuPage, Lake and Will Counties, and through its Internet branch, www.bankfinancial.com.
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