Prospector Partners LLC Sells 12,400 Shares of William Penn Bancorporation (NASDAQ:WMPN)

Prospector Partners LLC trimmed its holdings in William Penn Bancorporation (NASDAQ:WMPN) by 19.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 52,800 shares of the company’s stock after selling 12,400 shares during the period. Prospector Partners LLC’s holdings in William Penn Bancorporation were worth $634,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Gardner Lewis Asset Management L P bought a new position in William Penn Bancorporation during the fourth quarter worth $2,827,000. MassMutual Private Wealth & Trust FSB acquired a new stake in shares of William Penn Bancorporation during the 4th quarter worth about $179,000. Alliancebernstein L.P. acquired a new position in William Penn Bancorporation in the 4th quarter valued at about $5,047,000. Raymond James Financial Inc. acquired a new position in William Penn Bancorporation in the 4th quarter valued at about $326,000. Finally, Yakira Capital Management Inc. bought a new position in William Penn Bancorporation in the 4th quarter valued at about $1,382,000. 31.18% of the stock is currently owned by institutional investors.

William Penn Bancorporation Stock Performance

NASDAQ:WMPN opened at $10.25 on Friday. The stock has a 50 day simple moving average of $11.70 and a 200 day simple moving average of $12.20. The stock has a market cap of $94.38 million, a P/E ratio of -85.41 and a beta of 0.09. William Penn Bancorporation has a 1-year low of $9.75 and a 1-year high of $13.87. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.24.

William Penn Bancorporation (NASDAQ:WMPN) last announced its earnings results on Wednesday, January 15th. The company reported ($0.09) earnings per share (EPS) for the quarter. William Penn Bancorporation had a negative net margin of 2.90% and a negative return on equity of 0.65%.

William Penn Bancorporation Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, January 27th were issued a dividend of $0.03 per share. The ex-dividend date of this dividend was Monday, January 27th. This represents a $0.12 annualized dividend and a dividend yield of 1.17%. William Penn Bancorporation’s dividend payout ratio is presently -100.00%.

William Penn Bancorporation Profile

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, savings and club, and individual retirement accounts.