SG Americas Securities LLC Makes New $133,000 Investment in Malvern Bancorp Inc (NASDAQ:MLVF)

SG Americas Securities LLC bought a new position in Malvern Bancorp Inc (NASDAQ:MLVF) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 6,601 shares of the savings and loans company’s stock, valued at approximately $133,000. SG Americas Securities LLC owned approximately 0.08% of Malvern Bancorp as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bell Rock Capital LLC lifted its position in Malvern Bancorp by 1.3% during the first quarter. Bell Rock Capital LLC now owns 48,242 shares of the savings and loans company’s stock valued at $969,000 after purchasing an additional 600 shares during the last quarter. American International Group Inc. raised its stake in shares of Malvern Bancorp by 17.3% during the fourth quarter. American International Group Inc. now owns 4,973 shares of the savings and loans company’s stock worth $98,000 after acquiring an additional 735 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of Malvern Bancorp by 4.7% during the fourth quarter. Bank of New York Mellon Corp now owns 21,921 shares of the savings and loans company’s stock worth $433,000 after acquiring an additional 993 shares in the last quarter. Vanguard Group Inc raised its stake in shares of Malvern Bancorp by 0.6% during the third quarter. Vanguard Group Inc now owns 239,948 shares of the savings and loans company’s stock worth $5,747,000 after acquiring an additional 1,349 shares in the last quarter. Finally, BNP Paribas Arbitrage SA raised its stake in shares of Malvern Bancorp by 774.9% during the first quarter. BNP Paribas Arbitrage SA now owns 1,601 shares of the savings and loans company’s stock worth $32,000 after acquiring an additional 1,418 shares in the last quarter. Hedge funds and other institutional investors own 62.08% of the company’s stock.

Separately, Sandler O’Neill downgraded shares of Malvern Bancorp from a “buy” rating to a “hold” rating and set a $22.00 target price on the stock. in a research note on Monday, May 6th.

In other Malvern Bancorp news, Director James W. Barrett bought 1,200 shares of the company’s stock in a transaction dated Monday, May 6th. The shares were purchased at an average price of $20.96 per share, for a total transaction of $25,152.00. Following the acquisition, the director now owns 200 shares in the company, valued at approximately $4,192. The purchase was disclosed in a filing with the SEC, which is available at this link. Also, Director Howard Kent bought 2,695 shares of the company’s stock in a transaction dated Thursday, June 6th. The shares were acquired at an average price of $19.93 per share, for a total transaction of $53,711.35. Following the acquisition, the director now owns 123,459 shares in the company, valued at approximately $2,460,537.87. The disclosure for this purchase can be found here. In the last 90 days, insiders have bought 12,118 shares of company stock worth $245,259. Company insiders own 3.80% of the company’s stock.

Malvern Bancorp stock traded down $0.39 during mid-day trading on Monday, reaching $21.62. 6,600 shares of the company traded hands, compared to its average volume of 6,931. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.89. The stock’s 50 day moving average price is $20.42. Malvern Bancorp Inc has a 52-week low of $18.03 and a 52-week high of $25.65.

Malvern Bancorp (NASDAQ:MLVF) last issued its quarterly earnings data on Wednesday, May 1st. The savings and loans company reported $0.26 earnings per share (EPS) for the quarter. The business had revenue of $7.69 million for the quarter. Malvern Bancorp had a net margin of 19.24% and a return on equity of 7.21%.

About Malvern Bancorp

Malvern Bancorp, Inc operates as the bank holding company for Malvern Bank that provides various banking products and services to consumer and business customers in Pennsylvania. The company accepts checking accounts, retirement accounts, money market accounts, time and savings accounts, interest and non-interest bearing accounts, NOW accounts, and CDARS/ICS reciprocal deposits.

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Institutional Ownership by Quarter for Malvern Bancorp (NASDAQ:MLVF)

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