Assenagon Asset Management S.A. lessened its position in BankFinancial Co. (NASDAQ:BFIN) by 41.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 52,914 shares of the bank’s stock after selling 36,886 shares during the period. Assenagon Asset Management S.A. owned about 0.34% of BankFinancial worth $630,000 as of its most recent SEC filing.
Several other large investors have also recently bought and sold shares of BFIN. Meeder Asset Management Inc. increased its position in BankFinancial by 312.0% during the second quarter. Meeder Asset Management Inc. now owns 9,879 shares of the bank’s stock worth $137,000 after purchasing an additional 7,481 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. acquired a new position in BankFinancial during the second quarter worth approximately $147,000. Marshall Wace LLP acquired a new position in BankFinancial during the first quarter worth approximately $200,000. Stone Ridge Asset Management LLC increased its position in BankFinancial by 30.5% during the second quarter. Stone Ridge Asset Management LLC now owns 15,406 shares of the bank’s stock worth $216,000 after purchasing an additional 3,602 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in BankFinancial by 10.7% during the second quarter. Charles Schwab Investment Management Inc. now owns 33,244 shares of the bank’s stock worth $466,000 after purchasing an additional 3,223 shares during the last quarter. 67.02% of the stock is owned by institutional investors and hedge funds.
In other news, Director Thomas F. Oneill sold 3,000 shares of the stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $12.19, for a total value of $36,570.00. Following the completion of the sale, the director now owns 4,260 shares of the company’s stock, valued at $51,929.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 5.05% of the company’s stock.
Shares of BFIN stock opened at $12.26 on Wednesday. BankFinancial Co. has a one year low of $11.10 and a one year high of $16.06. The company has a 50 day moving average price of $11.95 and a 200 day moving average price of $13.36. The firm has a market capitalization of $185.56 million, a price-to-earnings ratio of 14.26 and a beta of 0.37.
BankFinancial (NASDAQ:BFIN) last issued its quarterly earnings results on Monday, October 21st. The bank reported $0.26 EPS for the quarter, topping the consensus estimate of $0.22 by $0.04. BankFinancial had a net margin of 19.92% and a return on equity of 8.57%. The firm had revenue of $14.72 million during the quarter, compared to analyst estimates of $14.40 million. Sell-side analysts anticipate that BankFinancial Co. will post 1 earnings per share for the current fiscal year.
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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