November 17, 2016 - By Marie Mckinney · 0 Comments
Malvern Federal Bancorp Inc (NASDAQ:MLVF) institutional sentiment increased to 3.67 in Q2 2016. Its up 2.11, from 1.56 in 2016Q1. The ratio has increased, as 11 investment managers increased and opened new positions, while 3 trimmed and sold stakes in Malvern Federal Bancorp Inc. The investment managers in our partner’s database now have: 6.42 million shares, up from 3.19 million shares in 2016Q1. Also, the number of investment managers holding Malvern Federal Bancorp Inc in their top 10 positions was flat from 1 to 1 for the same number . Sold All: 0 Reduced: 3 Increased: 8 New Position: 3.
About 1 shares traded hands. Malvern Bancorp, Inc. (NASDAQ:MLVF) has risen 20.91% since April 15, 2016 and is uptrending. It has outperformed by 16.28% the S&P500.
According to Zacks Investment Research, “Malvern Bancorp, Inc. is the holding company for Malvern Federal Savings Bank. Malvern Federal Savings Bank is a federally-chartered, FDIC-insured savings bank engaged in attracting deposits from the general public and using those funds to invest in loans and investment securities. Malvern Bancorp, Inc., formerly known as Malvern Federal Bancorp, Inc., is headquartered in Paoli, Pennsylvania.”
Seidman Lawrence B holds 4.85% of its portfolio in Malvern Bancorp, Inc. for 453,486 shares. Clover Partners L.P. owns 494,490 shares or 3.04% of their US portfolio. Moreover, Oppenheimer & Close Llc has 1.44% invested in the company for 97,926 shares. The Pennsylvania-based Minerva Advisors Llc has invested 1.27% in the stock. Fj Capital Management Llc, a Virginia-based fund reported 303,000 shares.#img1#
Ratings analysis reveals 100% of Malvern Bancorp’s analysts are positive. Out of 2 Wall Street analysts rating Malvern Bancorp, 2 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $17 while the high is $19. The stock’s average target of $18 is -6.25% below today’s ($19.2) share price. MLVF was included in 2 notes of analysts from August 5, 2015.
Malvern Bancorp, Inc., incorporated May 16, 2012, is a the holding firm for Malvern Federal Savings Bank (the Bank). The Bank is a federally chartered savings bank. The Bank had eight full service financial center offices in Chester and Delaware Counties, Pennsylvania, during the year ended December 31, 2012. The Bankâ€™s principal sources of funds are deposits, repayments of loans and investment securities, maturities of investments and interest-bearing deposits, other funds provided from activities and wholesale funds borrowed from outside sources, such as the Federal Home Loan Bank of Pittsburgh (FHLB). These funds are primarily used for the origination of various loan types including single-family residential mortgage loans, commercial real estate mortgage loans, construction and development loans, home equity loans and lines of credit and other consumer loans.
More notable recent Malvern Bancorp, Inc. (NASDAQ:MLVF) news were published by: Finance.Yahoo.com which released: “Malvern Bancorp, Inc. Appoints Andrew Fish to its Board” on October 27, 2016, also Globenewswire.com with their article: “Malvern Bancorp, Inc. Appoints Experienced Fund Manager to its Board” published on June 29, 2016, Globenewswire.com published: “Malvern Bancorp, Inc. Appoints National/International Businessman, Michael …” on March 26, 2015. More interesting news about Malvern Bancorp, Inc. (NASDAQ:MLVF) were released by: Globenewswire.com and their article: “Malvern Bancorp CEO Announces Key Executive Appointments” published on May 27, 2015 as well as Globenewswire.com‘s news article titled: “Malvern Bancorp Announces Appointment of New Chairman” with publication date: February 18, 2016.
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By Marie Mckinney