William Penn Bancorporation (NASDAQ:WMPN) Announces Quarterly Earnings Results

William Penn Bancorporation (NASDAQ:WMPN) issued its quarterly earnings data on Wednesday. The company reported ($0.01) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.03) by $0.02, Yahoo Finance reports. William Penn Bancorporation had a net margin of 2.65% and a return on equity of 0.61%. The firm had revenue of $8.89 million during the quarter, compared to the consensus estimate of $4.70 million.

William Penn Bancorporation Stock Performance

Shares of WMPN stock traded up $0.02 on Thursday, hitting $12.23. The company’s stock had a trading volume of 643 shares, compared to its average volume of 17,439. William Penn Bancorporation has a fifty-two week low of $8.77 and a fifty-two week high of $12.96. The company has a market capitalization of $116.80 million, a PE ratio of 152.64 and a beta of -0.02. The stock’s 50 day moving average is $12.21 and its 200-day moving average is $12.25. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.78 and a current ratio of 0.78.

Institutional Trading of William Penn Bancorporation

Hedge funds and other institutional investors have recently bought and sold shares of the business. Schonfeld Strategic Advisors LLC increased its holdings in shares of William Penn Bancorporation by 4.5% during the fourth quarter. Schonfeld Strategic Advisors LLC now owns 19,550 shares of the company’s stock worth $237,000 after purchasing an additional 850 shares during the period. Geode Capital Management LLC raised its holdings in William Penn Bancorporation by 1.2% in the 2nd quarter. Geode Capital Management LLC now owns 109,364 shares of the company’s stock valued at $1,110,000 after acquiring an additional 1,317 shares in the last quarter. Vanguard Group Inc. raised its holdings in William Penn Bancorporation by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 501,146 shares of the company’s stock valued at $6,119,000 after acquiring an additional 1,843 shares in the last quarter. Advisor Group Holdings Inc. lifted its position in shares of William Penn Bancorporation by 1,190.5% during the 1st quarter. Advisor Group Holdings Inc. now owns 2,710 shares of the company’s stock valued at $35,000 after acquiring an additional 2,500 shares during the period. Finally, Qube Research & Technologies Ltd acquired a new stake in shares of William Penn Bancorporation during the 3rd quarter worth $33,000. Institutional investors and hedge funds own 31.18% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Piper Sandler lifted their price target on William Penn Bancorporation from $13.00 to $14.00 and gave the stock an “overweight” rating in a report on Friday, January 19th.

About William Penn Bancorporation

William Penn Bancorporation operates as the holding company for William Penn Bank that provides retail and commercial banking products and related financial services in the United States. The company offers time, savings, money market, and demand deposits; certificates of deposit; and non-interest bearing and interest-bearing checking, as well as money market, NOW, savings and club, and individual retirement accounts.