William Penn Bancorporation (NASDAQ:WMPN) Issues Earnings Results

William Penn Bancorporation (NASDAQ:WMPN) released its quarterly earnings results on Wednesday. The company reported ($0.01) EPS for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.02, Yahoo Finance reports. The company had revenue of $8.89 million for the quarter, compared to analyst estimates of $4.70 million. William Penn Bancorporation had a net margin of 2.65% and a return on equity of 0.61%.

William Penn Bancorporation Stock Performance

NASDAQ WMPN traded up $0.02 during midday trading on Thursday, hitting $12.23. The company had a trading volume of 643 shares, compared to its average volume of 17,439. The firm has a fifty day simple moving average of $12.21 and a two-hundred day simple moving average of $12.25. 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 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 $116.80 million, a price-to-earnings ratio of 152.64 and a beta of -0.02.

Wall Street Analysts Forecast Growth

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

Institutional Investors Weigh In On William Penn Bancorporation

Several hedge funds have recently made changes to their positions in the stock. Dimensional Fund Advisors LP raised its holdings in William Penn Bancorporation by 22.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 28,177 shares of the company’s stock valued at $320,000 after acquiring an additional 5,153 shares in the last quarter. Schonfeld Strategic Advisors LLC increased its position 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 valued at $237,000 after purchasing an additional 850 shares during the period. Epacria Capital Partners LLC acquired a new position in shares of William Penn Bancorporation in the fourth quarter valued at $232,000. GSA Capital Partners LLP bought a new position in shares of William Penn Bancorporation during the 4th quarter worth about $196,000. Finally, Advisor Group Holdings Inc. boosted its holdings in William Penn Bancorporation by 378.5% during the fourth quarter. Advisor Group Holdings Inc. now owns 12,968 shares of the company’s stock valued at $158,000 after purchasing an additional 10,258 shares in the last quarter. Institutional investors own 31.18% of the company’s stock.

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.