William Penn Bancorporation (NASDAQ:WMPN) Issues Quarterly Earnings Results, Beats Estimates By $0.02 EPS

William Penn Bancorporation (NASDAQ:WMPN) posted its earnings results on Wednesday. The company reported ($0.01) EPS for the quarter, topping the consensus estimate of ($0.03) by $0.02, Yahoo Finance reports. William Penn Bancorporation had a return on equity of 0.61% and a net margin of 2.65%.

William Penn Bancorporation Price Performance

William Penn Bancorporation stock opened at $12.21 on Thursday. William Penn Bancorporation has a 52 week low of $8.77 and a 52 week high of $12.96. The business has a 50-day simple moving average of $12.21 and a 200 day simple moving average of $12.25. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.44. The stock has a market cap of $116.61 million, a price-to-earnings ratio of 152.64 and a beta of -0.02.

Analyst Upgrades and Downgrades

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

Hedge Funds Weigh In On William Penn Bancorporation

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP grew its position in William Penn Bancorporation by 22.4% during the third quarter. Dimensional Fund Advisors LP now owns 28,177 shares of the company’s stock worth $320,000 after buying an additional 5,153 shares in the last quarter. Schonfeld Strategic Advisors LLC boosted its holdings in shares of William Penn Bancorporation by 4.5% in the 4th quarter. Schonfeld Strategic Advisors LLC now owns 19,550 shares of the company’s stock worth $237,000 after purchasing an additional 850 shares in the last quarter. Epacria Capital Partners LLC purchased a new position in shares of William Penn Bancorporation in the 4th quarter worth about $232,000. GSA Capital Partners LLP purchased a new position in shares of William Penn Bancorporation in the 4th quarter worth about $196,000. Finally, Advisor Group Holdings Inc. boosted its holdings in shares of William Penn Bancorporation by 378.5% in the 4th quarter. Advisor Group Holdings Inc. now owns 12,968 shares of the company’s stock worth $158,000 after purchasing an additional 10,258 shares in the last quarter. 31.18% of the stock is currently owned by hedge funds and other institutional investors.

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.