Bank Mutual Corporation (NASDAQ:BKMU) is expected to pay $0.06 on Nov 28, 2016. The indicated annual dividend is $0.22. Shareholders owning the stock before Nov 16, 2016 will be eligible to receive the payout. Based on Bank Mutual Corporation’s current price of $8.45, the dividend is 0.65%. This dividend’s record date is Nov 18, 2016 and the announcement date is Nov 8, 2016. The stock increased 0.60% or $0.05 on November 14, hitting $8.45. Bank Mutual Corporation (NASDAQ:BKMU) has risen 9.17% since April 13, 2016 and is uptrending. It has outperformed by 5.25% the S&P500.
Bank Mutual Corporation is a savings and loan holding company. The company has a market cap of $388.22 million. The Firm owns Bank Mutual , a federally-chartered savings bank. It has a 23.25 P/E ratio. The Firm operates through community banking segment.
Insitutional Activity: The institutional sentiment decreased to 1.03 in Q2 2016. Its down 0.26, from 1.29 in 2016Q1. The ratio worsened, as 4 funds sold all Bank Mutual Corporation shares owned while 33 reduced positions. 10 funds bought stakes while 28 increased positions. They now own 22.99 million shares or 4.19% less from 24.00 million shares in 2016Q1.
The Iowa-based Principal has invested 0% in Bank Mutual Corporation (NASDAQ:BKMU). Spark Investment Management Limited Liability Co, a New York-based fund reported 31,800 shares. Blackrock Fund accumulated 2.73M shares or 0% of the stock. Group has 0% invested in the company for 30,636 shares. Moreover, Blackrock Ltd Liability has 0% invested in Bank Mutual Corporation (NASDAQ:BKMU) for 199,677 shares. Goldman Sachs Inc has invested 0% of its portfolio in Bank Mutual Corporation (NASDAQ:BKMU). Louisiana State Employees Retirement System accumulated 0.01% or 18,800 shares. Alpine Woods Capital Investors Ltd Liability reported 13,000 shares or 0.01% of all its holdings. Bankshares Of America Corporation De has invested 0% of its portfolio in Bank Mutual Corporation (NASDAQ:BKMU). Barclays Plc owns 229 shares or 0% of their US portfolio. Blackrock Institutional Com Na last reported 1.48M shares in the company. The New Jersey-based Prudential Fincl Incorporated has invested 0% in Bank Mutual Corporation (NASDAQ:BKMU). Pinebridge Invs Lp last reported 4,970 shares in the company. Swiss Commercial Bank last reported 69,000 shares in the company. Parametric Associate Lc has 161,388 shares for 0% of their US portfolio.
Insider Transactions: Since August 23, 2016, the stock had 1 insider buy, and 1 sale for $372,680 net activity. 2,500 shares were bought by Lawton Patrick W., worth $19,125. Shares for $391,805 were sold by Mayne Christopher L on Tuesday, August 30.
Bank Mutual Corporation (NASDAQ:BKMU) Ratings Coverage
Out of 3 analysts covering Bank Mutual (NASDAQ:BKMU), 1 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 33% are positive. $8.50 is the highest target while $8 is the lowest. The $8.25 average target is -2.37% below today’s ($8.45) stock price. Bank Mutual has been the topic of 4 analyst reports since September 2, 2015 according to StockzIntelligence Inc. The firm has “Market Perform” rating given on Friday, October 2 by Hovde Group. Wood initiated the stock with “Market Perform” rating in Friday, April 8 report. The rating was upgraded by Hovde Group to “Outperform” on Monday, January 25. Zacks upgraded the stock to “Hold” rating in Wednesday, September 2 report.
More notable recent Bank Mutual Corporation (NASDAQ:BKMU) news were published by: Prnewswire.com which released: “Bank Mutual Corporation Announces Quarterly Cash Dividend” on November 07, 2016, also Prnewswire.com with their article: “Bank Mutual Corporation And Clover Partners Announce New Director Nominee” published on February 22, 2016, Prnewswire.com published: “Bank Mutual Corporation Reports 33% Increase In Net Income For The Third …” on October 19, 2016. More interesting news about Bank Mutual Corporation (NASDAQ:BKMU) were released by: Jsonline.com and their article: “Activist shareholder may seek director seats on Bank Mutual board” published on January 26, 2016 as well as Prnewswire.com‘s news article titled: “Bank Mutual Corporation Reports 10% Increase In Net Income For The Second …” with publication date: July 20, 2016.
BKMU Company Profile
Bank Mutual Corporation, incorporated on April 28, 2003, is a savings and loan holding company. The Firm owns Bank Mutual (the Bank), a federally-chartered savings bank. The Firm operates through community banking segment. The Bank is engaged in the business of community banking, which includes attracting deposits from and making loans to the general public and private businesses, as well as governmental and non-profit entities. In addition to deposits, the Bank obtains funds through borrowings from the Federal Home Loan Bank (FHLB) of Chicago. These funding sources are used to originate loans, including commercial and industrial loans, multi-family residential loans, non-residential commercial real estate loans, one- to four-family loans, home equity loans and other consumer loans. The Bank also purchases and/or participates in loans from third-party financial institutions and is a seller of residential loans in the secondary market. It also invests in mortgage-related and other investment securities.
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