Sandler O’Neill set a $28.00 target price on Malvern Bancorp (NASDAQ:MLVF) in a research note released on Wednesday, January 3rd. The brokerage currently has a hold rating on the savings and loans company’s stock.

Shares of Malvern Bancorp (MLVF) opened at $23.90 on Wednesday. The firm has a market cap of $157.42, a price-to-earnings ratio of 23.48 and a beta of 0.03. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 1.39. Malvern Bancorp has a 12-month low of $20.05 and a 12-month high of $28.20.

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Malvern Bancorp (NASDAQ:MLVF) last issued its earnings results on Friday, December 1st. The savings and loans company reported $0.30 earnings per share (EPS) for the quarter. Malvern Bancorp had a net margin of 18.31% and a return on equity of 6.64%.

Hedge funds and other institutional investors have recently bought and sold shares of the business. New York State Common Retirement Fund bought a new position in Malvern Bancorp in the 2nd quarter worth about $165,000. The Manufacturers Life Insurance Company bought a new position in Malvern Bancorp in the 2nd quarter worth about $171,000. SG Americas Securities LLC bought a new position in Malvern Bancorp in the 4th quarter worth about $189,000. Schwab Charles Investment Management Inc. bought a new position in shares of Malvern Bancorp in the second quarter valued at approximately $252,000. Finally, California State Teachers Retirement System bought a new position in shares of Malvern Bancorp in the second quarter valued at approximately $273,000. Hedge funds and other institutional investors own 66.16% of the company’s stock.

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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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