Highlander Capital Management LLC cut its stake in Stewardship Financial Corp (NASDAQ:SSFN) by 10.3% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 17,574 shares of the bank’s stock after selling 2,014 shares during the quarter. Highlander Capital Management LLC owned about 0.20% of Stewardship Financial Corp worth $163,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently modified their holdings of the business. Jacobs Asset Management LLC purchased a new position in shares of Stewardship Financial Corp during the 2nd quarter worth $3,896,000. Emerald Mutual Fund Advisers Trust purchased a new position in Stewardship Financial Corp during the 2nd quarter valued at about $2,820,000. Royce & Associates LP purchased a new position in Stewardship Financial Corp during the 2nd quarter valued at about $1,853,000. Eidelman Virant Capital purchased a new position in Stewardship Financial Corp during the 2nd quarter valued at about $1,081,000. Finally, River Oaks Capital LLC purchased a new position in Stewardship Financial Corp during the 2nd quarter valued at about $329,000. 19.43% of the stock is owned by institutional investors and hedge funds.
Shares of Stewardship Financial Corp (SSFN) remained flat at $10.00 during trading on Wednesday. 178 shares of the stock were exchanged. The firm has a market cap of $86.43 million, a price-to-earnings ratio of 14.08 and a beta of 0.12. Stewardship Financial Corp has a 52-week low of $7.40 and a 52-week high of $10.50. The stock’s 50 day moving average price is $9.49 and its 200-day moving average price is $9.22.
Stewardship Financial Corp (NASDAQ:SSFN) last announced its quarterly earnings results on Tuesday, August 8th. The bank reported $0.16 EPS for the quarter. The company had revenue of $7.35 million during the quarter. Stewardship Financial Corp had a return on equity of 8.15% and a net margin of 14.84%.
Stewardship Financial Corp Company Profile
Stewardship Financial Corporation is a one-bank holding company for Atlantic Stewardship Bank (the Bank). The Company’s principal business is the ownership and supervision of the Bank. The Company, through the Bank, conducts commercial banking business and offers deposit services, including personal and business checking accounts and time deposits, money market accounts and regular savings accounts.
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