StockNews.com began coverage on shares of Carver Bancorp (NASDAQ:CARV – Get Rating) in a research note issued on Saturday. The firm set a "hold" rating on the savings and loans company's stock.

Separately, TheStreet cut shares of Carver Bancorp from a "c-" rating to a "d" rating in a research report on Wednesday, November 9th.

Carver Bancorp Stock Performance

Shares of CARV opened at $4.71 on Friday. The company has a debt-to-equity ratio of 2.69, a current ratio of 1.06 and a quick ratio of 1.06. The firm has a 50 day moving average of $4.20 and a 200 day moving average of $4.71. Carver Bancorp has a twelve month low of $3.62 and a twelve month high of $12.30.

Institutional Investors Weigh In On Carver Bancorp

A number of institutional investors have recently made changes to their positions in CARV. Calton & Associates Inc. lifted its stake in Carver Bancorp by 91.2% in the fourth quarter. Calton & Associates Inc. now owns 19,500 shares of the savings and loans company's stock worth $80,000 after acquiring an additional 9,300 shares during the last quarter. Fortem Financial Group LLC purchased a new stake in shares of Carver Bancorp during the 3rd quarter worth approximately $68,000. Vanguard Group Inc. lifted its position in shares of Carver Bancorp by 15.4% during the 3rd quarter. Vanguard Group Inc. now owns 154,733 shares of the savings and loans company's stock worth $619,000 after buying an additional 20,605 shares during the last quarter. Maltese Capital Management LLC lifted its position in shares of Carver Bancorp by 171.4% during the 2nd quarter. Maltese Capital Management LLC now owns 95,000 shares of the savings and loans company's stock worth $547,000 after buying an additional 60,000 shares during the last quarter. Finally, Renaissance Technologies LLC purchased a new stake in shares of Carver Bancorp during the 1st quarter worth approximately $566,000. 19.37% of the stock is currently owned by institutional investors and hedge funds.

Carver Bancorp Company Profile

(Get Rating)

Carver Bancorp, Inc operates as the holding company for Carver Federal Savings Bank that provides consumer and commercial banking services for consumers, businesses, non-profit organizations, and governmental and quasi-governmental agencies primarily in New York. It accepts various deposit products, including demand, savings, and time deposits; passbook and statement accounts, and certificates of deposit; and individual retirement accounts.

Read More

• Get a free copy of the StockNews.com research report on Carver Bancorp (CARV)
• MarketBeat Week in Review – 1/16 – 1/20
• Does Old Dominion Show That Trucking Is Hitting The Brakes?
• Nordstrom Puts Fear Of Markdowns Into Retail Sector
• Exxon Mobil Stock: Within Striking Distance Of Buy Point
• High-Dividend-Yielding BHP Sees China Driving '23 Growth

Receive News & Ratings for Carver Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carver Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.