Schwab Charles Investment Management Inc. Acquires 17,900 Shares of Bear State Financial Inc (BSF)

Schwab Charles Investment Management Inc. grew its holdings in shares of Bear State Financial Inc (NASDAQ:BSF) by 57.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 48,900 shares of the financial services provider’s stock after acquiring an additional 17,900 shares during the period. Schwab Charles Investment Management Inc.’s holdings in Bear State Financial were worth $502,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of BSF. Rhumbline Advisers lifted its stake in shares of Bear State Financial by 21.3% during the 2nd quarter. Rhumbline Advisers now owns 21,500 shares of the financial services provider’s stock valued at $203,000 after buying an additional 3,775 shares in the last quarter. 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 valued at $855,000 after buying an additional 5,135 shares in the last quarter. Alliancebernstein L.P. purchased a new position in shares of Bear State Financial during the 2nd quarter valued at $109,000. Teachers Advisors LLC lifted its stake in shares of Bear State Financial by 43.2% during the 2nd quarter. Teachers Advisors LLC now owns 37,080 shares of the financial services provider’s stock valued at $351,000 after buying an additional 11,188 shares in 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 valued at $569,000 after buying an additional 10,579 shares in the last quarter. 12.38% of the stock is owned by hedge funds and other institutional investors.

Separately, BidaskClub upgraded shares of Bear State Financial from a “strong sell” rating to a “sell” rating in a research note on Wednesday, December 6th.

Bear State Financial Inc (NASDAQ:BSF) opened at $10.30 on Friday. The company has a debt-to-equity ratio of 1.49, a quick ratio of 1.11 and a current ratio of 1.11. Bear State Financial Inc has a one year low of $8.66 and a one year high of $10.37. The firm has a market cap of $388.26, a price-to-earnings ratio of 15.82 and a beta of 1.23.

The company also recently announced a quarterly dividend, which will be paid on Thursday, February 15th. Investors of record on Thursday, February 1st will be paid a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.17%. The ex-dividend date of this dividend is Wednesday, January 31st. Bear State Financial’s dividend payout ratio (DPR) is 16.36%.

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Bear State Financial Company Profile

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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Institutional Ownership by Quarter for Bear State Financial (NASDAQ:BSF)

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