Anchor Bancorp (NASDAQ:ANCB) has been given an average broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold recommendation.
Brokers have set a 1-year consensus target price of $25.00 for the company, according to Zacks. Zacks has also given Anchor Bancorp an industry rank of 112 out of 265 based on the ratings given to related companies.
Separately, Keefe, Bruyette & Woods increased their price target on Anchor Bancorp from $24.00 to $25.00 and gave the stock a “market perform” rating in a research report on Thursday, July 28th.
Shares of Anchor Bancorp (NASDAQ:ANCB) opened at 25.28 on Thursday. The firm has a market capitalization of $62.01 million, a PE ratio of 126.40 and a beta of 0.58. Anchor Bancorp has a 52 week low of $22.26 and a 52 week high of $26.94. The company’s 50 day moving average price is $25.43 and its 200-day moving average price is $24.78.
Anchor Bancorp (NASDAQ:ANCB) last issued its quarterly earnings results on Wednesday, July 27th. The financial services provider reported $0.14 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.11 by $0.03. Anchor Bancorp had a return on equity of 0.78% and a net margin of 2.28%. On average, equities research analysts expect that Anchor Bancorp will post $0.85 EPS for the current fiscal year.
An institutional investor recently raised its position in Anchor Bancorp stock. BlackRock Institutional Trust Company N.A. raised its position in shares of Anchor Bancorp (NASDAQ:ANCB) by 38.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,615 shares of the financial services provider’s stock after buying an additional 4,070 shares during the period. BlackRock Institutional Trust Company N.A. owned 0.60% of Anchor Bancorp worth $355,000 as of its most recent filing with the SEC. Institutional investors own 39.81% of the company’s stock.
Anchor Bancorp Company Profile
Anchor Bancorp is a bank holding company for Anchor Bank. The Bank business activities are limited to passive investment activities and oversight of its investment in Anchor Bank. Anchor Bank is a community-based savings bank primarily serving Western Washington through its 11 full-service banking offices located within Grays Harbor, Thurston, Lewis, Pierce and Mason counties, Washington.