Bank Mutual Co. (NASDAQ:BKMU) hit a new 52-week high during trading on Wednesday . The stock traded as high as $11.10 and last traded at $10.85, with a volume of 132000 shares traded. The stock had previously closed at $10.75.

Several equities research analysts have recently commented on BKMU shares. Zacks Investment Research lowered Bank Mutual from a “hold” rating to a “sell” rating in a research note on Wednesday, October 25th. Keefe, Bruyette & Woods reissued a “hold” rating and set a $11.00 price target on shares of Bank Mutual in a research note on Thursday, October 19th. Finally, BidaskClub lowered Bank Mutual from a “buy” rating to a “hold” rating in a research note on Thursday, January 4th.

The stock has a market cap of $498.43, a P/E ratio of 32.94, a P/E/G ratio of 4.43 and a beta of 0.55. The company has a quick ratio of 1.04, a current ratio of 1.05 and a debt-to-equity ratio of 1.40.

Bank Mutual (NASDAQ:BKMU) last announced its quarterly earnings results on Wednesday, October 18th. The financial services provider reported $0.08 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.10 by ($0.02). The firm had revenue of $24.94 million for the quarter, compared to analysts’ expectations of $24.50 million. Bank Mutual had a return on equity of 5.72% and a net margin of 14.19%. During the same period last year, the firm earned $0.10 EPS. research analysts forecast that Bank Mutual Co. will post 0.37 EPS for the current year.

In related news, VP Christopher L. Mayne sold 16,500 shares of the company’s stock in a transaction that occurred on Wednesday, November 29th. The stock was sold at an average price of $10.79, for a total value of $178,035.00. Following the sale, the vice president now owns 74,500 shares of the company’s stock, valued at approximately $803,855. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Michael W. Dosland sold 32,493 shares of the company’s stock in a transaction that occurred on Wednesday, October 25th. The shares were sold at an average price of $10.53, for a total value of $342,151.29. Following the completion of the sale, the insider now directly owns 36,907 shares in the company, valued at approximately $388,630.71. The disclosure for this sale can be found here. Insiders have sold a total of 66,893 shares of company stock worth $709,926 in the last three months. Corporate insiders own 10.00% of the company’s stock.

A number of hedge funds have recently bought and sold shares of the stock. Schwab Charles Investment Management Inc. lifted its stake in Bank Mutual by 0.5% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 174,174 shares of the financial services provider’s stock valued at $1,594,000 after buying an additional 950 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in Bank Mutual by 0.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 228,138 shares of the financial services provider’s stock valued at $2,087,000 after buying an additional 1,324 shares in the last quarter. Citadel Advisors LLC lifted its stake in Bank Mutual by 9.0% in the 2nd quarter. Citadel Advisors LLC now owns 17,290 shares of the financial services provider’s stock valued at $158,000 after buying an additional 1,421 shares in the last quarter. Principal Financial Group Inc. lifted its stake in Bank Mutual by 0.6% in the 2nd quarter. Principal Financial Group Inc. now owns 321,415 shares of the financial services provider’s stock valued at $2,941,000 after buying an additional 1,904 shares in the last quarter. Finally, Pinebridge Investments L.P. lifted its stake in Bank Mutual by 9.6% in the 2nd quarter. Pinebridge Investments L.P. now owns 26,882 shares of the financial services provider’s stock valued at $246,000 after buying an additional 2,353 shares in the last quarter. 54.84% of the stock is currently owned by hedge funds and other institutional investors.

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About Bank Mutual

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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