Teachers Advisors LLC bought a new stake in Sunshine Bancorp, Inc. (NASDAQ:SBCP) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 12,946 shares of the bank’s stock, valued at approximately $276,000. Teachers Advisors LLC owned about 0.17% of Sunshine Bancorp as of its most recent SEC filing.
Separately, Schwab Charles Investment Management Inc. purchased a new stake in shares of Sunshine Bancorp in the second quarter valued at about $273,000. Institutional investors own 44.20% of the company’s stock.
Separately, ValuEngine lowered shares of Sunshine Bancorp from a “buy” rating to a “hold” rating in a report on Friday.
Shares of Sunshine Bancorp, Inc. (NASDAQ SBCP) traded down $0.59 during mid-day trading on Tuesday, reaching $23.76. 21,712 shares of the company’s stock traded hands, compared to its average volume of 36,557. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.48. The stock has a market capitalization of $192.15, a price-to-earnings ratio of 27.20 and a beta of 0.40. Sunshine Bancorp, Inc. has a one year low of $16.36 and a one year high of $24.80.
Sunshine Bancorp (NASDAQ:SBCP) last issued its quarterly earnings results on Thursday, October 26th. The bank reported $0.20 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.22 by ($0.02). The business had revenue of $9.18 million for the quarter. Sunshine Bancorp had a return on equity of 5.40% and a net margin of 11.90%.
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Sunshine Bancorp Profile
Sunshine Bancorp, Inc (Sunshine Bancorp) is a savings and loan holding company for Sunshine Bank (the Bank). The Bank is a federal stock savings bank. The Bank’s principal business consists of attracting retail deposits from the general public in its market area and investing those deposits, together with funds generated from operations, in commercial real estate loans, commercial business loans, and to a lesser extent, multi-family real estate, land and construction and consumer loans.
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