BankFinancial Corporation (BFIN) Position Decreased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP decreased its stake in shares of BankFinancial Corporation (NASDAQ:BFIN) by 0.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,677,895 shares of the bank’s stock after selling 5,298 shares during the period. Dimensional Fund Advisors LP owned 9.00% of BankFinancial Corporation worth $24,363,000 as of its most recent filing with the SEC.

Other hedge funds have also recently made changes to their positions in the company. Russell Investments Group Ltd. purchased a new stake in shares of BankFinancial Corporation during the fourth quarter valued at approximately $200,000. State Street Corp increased its stake in shares of BankFinancial Corporation by 0.4% in the fourth quarter. State Street Corp now owns 351,601 shares of the bank’s stock valued at $5,208,000 after buying an additional 1,376 shares during the last quarter. Metropolitan Life Insurance Co. NY increased its stake in shares of BankFinancial Corporation by 847.6% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 11,987 shares of the bank’s stock valued at $178,000 after buying an additional 10,722 shares during the last quarter. Dalton Greiner Hartman Maher & Co. increased its stake in shares of BankFinancial Corporation by 0.4% in the first quarter. Dalton Greiner Hartman Maher & Co. now owns 104,911 shares of the bank’s stock valued at $1,523,000 after buying an additional 389 shares during the last quarter. Finally, Acadian Asset Management LLC increased its stake in shares of BankFinancial Corporation by 3.1% in the first quarter. Acadian Asset Management LLC now owns 151,298 shares of the bank’s stock valued at $2,198,000 after buying an additional 4,534 shares during the last quarter. Hedge funds and other institutional investors own 62.39% of the company’s stock.

Shares of BankFinancial Corporation (BFIN) traded up 0.44% during mid-day trading on Tuesday, hitting $16.09. 1,237 shares of the stock traded hands. BankFinancial Corporation has a 12 month low of $12.02 and a 12 month high of $16.09. The firm has a 50 day moving average of $15.01 and a 200 day moving average of $14.66. The stock has a market cap of $294.93 million, a price-to-earnings ratio of 32.77 and a beta of 0.58.

BankFinancial Corporation (NASDAQ:BFIN) last issued its earnings results on Wednesday, July 26th. The bank reported $0.14 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.15 by $0.01. BankFinancial Corporation had a return on equity of 4.55% and a net margin of 15.58%. The company had revenue of $13.80 million during the quarter, compared to analyst estimates of $14.25 million. On average, equities analysts expect that BankFinancial Corporation will post $0.60 EPS for the current fiscal year.

BankFinancial Corporation announced that its Board of Directors has authorized a stock buyback program on Friday, July 28th that authorizes the company to repurchase 250,000 outstanding shares. This repurchase authorization authorizes the bank to repurchase shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company’s board of directors believes its shares are undervalued.

The business also recently announced a quarterly dividend, which will be paid on Friday, August 25th. Shareholders of record on Wednesday, August 9th will be given a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 1.75%. The ex-dividend date is Monday, August 7th. BankFinancial Corporation’s dividend payout ratio is presently 57.14%.

Several analysts have recently commented on BFIN shares. Zacks Investment Research upgraded shares of BankFinancial Corporation from a “hold” rating to a “buy” rating and set a $17.00 price objective on the stock in a research report on Tuesday, May 2nd. FIG Partners upgraded shares of BankFinancial Corporation from a “market perform” rating to an “outperform” rating and raised their price objective for the company from $16.00 to $17.00 in a research report on Monday, July 31st. Finally, BidaskClub downgraded shares of BankFinancial Corporation from a “hold” rating to a “sell” rating in a research report on Tuesday, August 1st.

In other BankFinancial Corporation news, insider John G. Manos sold 10,000 shares of the stock in a transaction on Thursday, May 11th. The stock was sold at an average price of $14.89, for a total value of $148,900.00. Following the sale, the insider now directly owns 22,100 shares of the company’s stock, valued at $329,069. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director John M. Hausmann sold 5,000 shares of the stock in a transaction on Wednesday, August 2nd. The stock was sold at an average price of $15.73, for a total value of $78,650.00. Following the completion of the sale, the director now directly owns 69,069 shares in the company, valued at $1,086,455.37. The disclosure for this sale can be found here. Insiders sold 37,241 shares of company stock worth $560,965 over the last ninety days. 15.45% of the stock is owned by corporate insiders.

About BankFinancial Corporation

BankFinancial Corporation is the bank holding company for BankFinancial, National Association (the Bank). The Bank is a full-service, community-oriented national bank principally engaged in the business of commercial, family and personal banking. The Bank offers its customers a range of loan, deposit and other financial products and services through its full-service Illinois-based banking offices located in Cook, DuPage, Lake and Will Counties, and through its Internet branch, www.bankfinancial.com.