Bank Mutual Corporation (NASDAQ:BKMU)’s share price reached a new 52-week high on Thursday . The stock traded as high as $10.38 and last traded at $10.40, with a volume of 81,031 shares changing hands. The stock had previously closed at $10.10.

Several brokerages have commented on BKMU. Zacks Investment Research cut shares of Bank Mutual Corporation from a “hold” rating to a “sell” rating in a report on Wednesday, September 20th. BidaskClub cut shares of Bank Mutual Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, August 8th. Keefe, Bruyette & Woods reiterated a “hold” rating on shares of Bank Mutual Corporation in a report on Sunday, July 23rd. Finally, Hovde Group cut shares of Bank Mutual Corporation from an “outperform” rating to a “market perform” rating and set a $10.50 target price for the company. in a report on Friday, July 21st.

The company has a 50-day moving average of $9.52 and a 200 day moving average of $9.40. The stock has a market capitalization of $470.80 million, a P/E ratio of 28.47 and a beta of 0.57.

Bank Mutual Corporation (NASDAQ:BKMU) last posted its earnings results on Thursday, July 20th. The financial services provider reported $0.09 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.09. The company had revenue of $24.71 million during the quarter, compared to analyst estimates of $25.10 million. Bank Mutual Corporation had a return on equity of 5.67% and a net margin of 14.77%. On average, equities analysts predict that Bank Mutual Corporation will post $0.37 EPS for the current year.

Several institutional investors have recently bought and sold shares of BKMU. TD Asset Management Inc. grew its position in shares of Bank Mutual Corporation by 9.9% in the 1st quarter. TD Asset Management Inc. now owns 11,100 shares of the financial services provider’s stock valued at $104,000 after purchasing an additional 1,000 shares during the period. Crescent Grove Advisors LLC acquired a new position in shares of Bank Mutual Corporation in the 2nd quarter valued at approximately $113,000. BNP Paribas Arbitrage SA grew its position in shares of Bank Mutual Corporation by 56.0% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 12,431 shares of the financial services provider’s stock valued at $114,000 after purchasing an additional 4,464 shares during the period. Susquehanna International Group LLP acquired a new position in shares of Bank Mutual Corporation in the 2nd quarter valued at approximately $127,000. Finally, Citadel Advisors LLC grew its position in shares of Bank Mutual Corporation by 9.8% in the 1st quarter. Citadel Advisors LLC now owns 15,869 shares of the financial services provider’s stock valued at $149,000 after purchasing an additional 1,417 shares during the period. Institutional investors own 56.08% of the company’s stock.

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Bank Mutual Corporation Company Profile

Bank Mutual Corporation is a savings and loan holding company. The Company owns Bank Mutual (the Bank), a federally-chartered savings bank. 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.

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