Bank Mutual Corp (NASDAQ:BKMU): Stock Sentiment

January 23, 2018 - By Vivian Currie

 Bank Mutual Corp (NASDAQ:BKMU): Stock Sentiment

Sentiment for Bank Mutual Corp (NASDAQ:BKMU)

Bank Mutual Corp (NASDAQ:BKMU) institutional sentiment decreased to 0.98 in Q3 2017. Its down -0.23, from 1.21 in 2017Q2. The ratio turned negative, as 45 investment managers started new or increased stock positions, while 46 sold and trimmed stock positions in Bank Mutual Corp. The investment managers in our partner’s database reported: 25.02 million shares, down from 25.73 million shares in 2017Q2. Also, the number of investment managers holding Bank Mutual Corp in their top 10 stock positions was flat from 1 to 1 for the same number . Sold All: 13 Reduced: 33 Increased: 24 New Position: 21.

Bank Mutual Corporation operates as the holding firm for Bank Mutual that provides various banking services and products in Wisconsin. The company has market cap of $501.94 million. The firm offers regular savings accounts, interest-bearing and noninterest-bearing demand accounts, money market accounts, and certificates of deposit, as well as IRA time deposit accounts and health savings accounts for retail and business customers. It has a 37.59 P/E ratio. It also provides multi-family and commercial real estate loans that are secured by apartment buildings, office buildings, retail centers, warehouses, and industrial buildings; construction and development loans; residential mortgage loans; and commercial and industrial loans, such as loans to businesses for equipment purchases, working capital, debt refinancing or restructuring, business acquisition or expansion, and small business administration, as well as domestic standby letters of credit.

The stock decreased 0.46% or $0.05 during the last trading session, reaching $10.9. About 56,501 shares traded. Bank Mutual Corporation (NASDAQ:BKMU) has risen 16.23% since January 23, 2017 and is uptrending. It has underperformed by 0.47% the S&P500.

Clover Partners L.P. holds 7.63% of its portfolio in Bank Mutual Corporation for 1.87 million shares. Sva Plumb Wealth Management Llc owns 109,460 shares or 0.14% of their US portfolio. Moreover, Magnetar Financial Llc has 0.13% invested in the company for 549,192 shares. The New York-based Water Island Capital Llc has invested 0.12% in the stock. Broadview Advisors Llc, a Wisconsin-based fund reported 38,300 shares.#img1#

Since January 1, 0001, it had 0 buys, and 1 sale for $342,151 activity.

Bank Mutual Corporation (NASDAQ:BKMU) Ratings Coverage

Ratings analysis reveals 0 of Bank Mutual’s analysts are positive. Out of 4 Wall Street analysts rating Bank Mutual, 0 give it “Buy”, 0 “Sell” rating, while 4 recommend “Hold”. The lowest target is $8 while the high is $12.0. The stock’s average target of $9.50 is -12.84% below today’s ($10.9) share price. BKMU was included in 9 notes of analysts from September 2, 2015. The rating was downgraded by Hovde Group on Friday, July 21 to “Market Perform”. The firm has “Hold” rating by Keefe Bruyette & Woods given on Monday, June 26. Hovde Group upgraded it to “Outperform” rating and $8.50 target in Monday, January 25 report. On Friday, April 8 the stock rating was initiated by Wood with “Market Perform”. On Thursday, December 21 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. The stock of Bank Mutual Corporation (NASDAQ:BKMU) has “Hold” rating given on Wednesday, October 18 by Keefe Bruyette & Woods. The firm has “Hold” rating given on Wednesday, September 2 by Zacks. The firm has “Market Perform” rating by Hovde Group given on Friday, October 2. The stock of Bank Mutual Corporation (NASDAQ:BKMU) has “Hold” rating given on Friday, July 21 by Keefe Bruyette & Woods.

More notable recent Bank Mutual Corporation (NASDAQ:BKMU) news were published by: Jsonline.com which released: “Earnings fall for Bank Mutual as it books expenses for merger” on October 18, 2017, also Globenewswire.com with their article: “Bank Mutual Corporation Shareholders Vote to Approve Merger Agreement With …” published on October 24, 2017, Prnewswire.com published: “Associated Banc-Corp to acquire Bank Mutual Corporation” on July 20, 2017. More interesting news about Bank Mutual Corporation (NASDAQ:BKMU) were released by: Biztimes.com and their article: “Bank Mutual Corp. earnings fall 50%” published on January 17, 2018 as well as Globenewswire.com‘s news article titled: “SHAREHOLDER ALERT: Rigrodsky & Long, PA Files Class Action Suit Against Bank …” with publication date: September 27, 2017.

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