Malvern Bancorp (MLVF) Hits New 12-Month High at $28.11

Shares of Malvern Bancorp, Inc. (NASDAQ:MLVF) reached a new 52-week high on Wednesday . The company traded as high as $28.11 and last traded at $27.90, with a volume of 5400 shares changing hands. The stock had previously closed at $27.90.

The company has a market capitalization of $183.38, a PE ratio of 27.35 and a beta of 0.02. The company has a debt-to-equity ratio of 1.43, a quick ratio of 1.21 and a current ratio of 1.21.

Several hedge funds have recently made changes to their positions in MLVF. State Street Corp bought a new position in shares of Malvern Bancorp in the 2nd quarter worth $1,786,000. Geode Capital Management LLC bought a new position in Malvern Bancorp during the 1st quarter valued at $1,490,000. Northern Trust Corp lifted its stake in Malvern Bancorp by 561.6% during the 2nd quarter. Northern Trust Corp now owns 64,969 shares of the savings and loans company’s stock valued at $1,556,000 after acquiring an additional 55,149 shares in the last quarter. Vanguard Group Inc. lifted its stake in Malvern Bancorp by 27.0% during the 2nd quarter. Vanguard Group Inc. now owns 166,743 shares of the savings and loans company’s stock valued at $3,993,000 after acquiring an additional 35,457 shares in the last quarter. Finally, Quantum Capital Management bought a new position in Malvern Bancorp during the 3rd quarter valued at $721,000. 66.16% of the stock is owned by institutional investors.

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About Malvern Bancorp

Malvern Bancorp, Inc operates as the holding company for Malvern Federal Savings Bank that provides various banking products and services to consumer and business customers in Pennsylvania. The company offers checking accounts, retirement accounts, money market accounts, time and savings accounts, interest and non-interest bearing accounts, NOW accounts, and CDARS/ICS reciprocal deposits; and debit and credit card, wire transfer, automated teller, Internet banking, ACH origination, safe deposit box, telephone banking, and mobile banking services.

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