Investment analysts at StockNews.com started coverage on shares of Carver Bancorp (NASDAQ:CARV – Get Rating) in a note issued to investors on Friday. 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 note on Wednesday, November 9th.

Carver Bancorp Stock Down 1.8 %

Shares of NASDAQ CARV opened at $4.85 on Friday. The company has a debt-to-equity ratio of 2.69, a quick ratio of 1.06 and a current ratio of 1.06. Carver Bancorp has a 12 month low of $3.62 and a 12 month high of $12.30. The company has a 50 day simple moving average of $4.13 and a two-hundred day simple moving average of $4.75.

Institutional Investors Weigh In On Carver Bancorp

Several institutional investors and hedge funds have recently added to or reduced their stakes in CARV. Renaissance Technologies LLC purchased a new stake in Carver Bancorp in the 1st quarter worth $566,000. Calton & Associates Inc. purchased a new stake in Carver Bancorp in the 2nd quarter worth $58,000. Maltese Capital Management LLC increased its holdings in Carver Bancorp by 171.4% in the 2nd quarter. Maltese Capital Management LLC now owns 95,000 shares of the savings and loans company's stock worth $547,000 after acquiring an additional 60,000 shares in the last quarter. Fortem Financial Group LLC purchased a new stake in shares of Carver Bancorp during the third quarter worth $68,000. Finally, Vanguard Group Inc. grew its holdings in shares of Carver Bancorp by 15.4% during the third 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 in the last quarter. Hedge funds and other institutional investors own 19.37% of the company's stock.

About Carver Bancorp

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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.

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