Exclusive: Coastway Bancorp Inc (NASDAQ:CWAY) Institutional Investors Sentiment Worsens in 2016 Q2

November 21, 2016 - By Darrin Black   ·   0 Comments

Exclusive: Coastway Bancorp Inc (NASDAQ:CWAY) Institutional Investors Sentiment  Worsens in  2016 Q2

Sentiment for Coastway Bancorp Inc (NASDAQ:CWAY)

Coastway Bancorp Inc (NASDAQ:CWAY) institutional sentiment increased to 0.75 in 2016 Q2. Its up 0.04, from 0.71 in 2016Q1. The ratio has increased, as 5 active investment managers increased and opened new holdings, while 7 decreased and sold equity positions in Coastway Bancorp Inc. The active investment managers in our partner’s database reported: 1.45 million shares, down from 1.76 million shares in 2016Q1. Also, the number of active investment managers holding Coastway Bancorp Inc in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 4 Increased: 3 New Position: 2.

Coastway Bancorp, Inc. is a bank holding firm for Coastway Community Bank , which is a chartered stock savings bank. The company has a market cap of $59.20 million. The Company’s subsidiary, the Bank, provides a range of financial services to individuals, families and businesses throughout Rhode Island from over nine banking offices. It has a 17.13 P/E ratio. The Bank’s principal business consists of retail deposits from the general public in its market area and investing those deposits, together with funds generated from activities and borrowings, in one- to four-family residential real estate loans, other loans, home equity loans and lines of credit, commercial real estate loans, the United States small business administration (SBA) loans, commercial business loans, commercial construction loans and consumer loans.

The stock decreased 0.37% or $0.05 on November 18, hitting $13.45. Coastway Bancorp Inc (NASDAQ:CWAY) has risen 7.09% since April 19, 2016 and is uptrending. It has outperformed by 3.23% the S&P500.

According to Zacks Investment Research, “Coastway Bancorp, Inc. is a chartered savings bank holding company of Coastway Community Bank. The company offers banking services which include personal banking, business banking and mortgage lending. Its services consist of checking accounts, savings accounts, loans, online services, mortgage products and reverse mortgage. Coastway Bancorp, Inc. is headquartered in Cranston, Rhode Island.”

Raffles Associates Lp holds 2.24% of its portfolio in Coastway Bancorp Inc for 177,000 shares. Maltese Capital Management Llc owns 458,099 shares or 0.71% of their US portfolio. Moreover, Seidman Lawrence B has 0.49% invested in the company for 58,000 shares. The Illinois-based Pl Capital Advisors Llc has invested 0.36% in the stock. Fj Capital Management Llc, a Virginia-based fund reported 70,000 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 6 buys, and 0 selling transactions for $70,435 net activity.

CWAY Company Profile

Coastway Bancorp, Inc., incorporated on August 20, 2013, is a bank holding firm for Coastway Community Bank (the Bank), which is a chartered stock savings bank. The Company’s subsidiary, the Bank, provides a range of financial services to individuals, families and businesses throughout Rhode Island from over nine banking offices located in Providence County and Kent County, Rhode Island. The Bank’s principal business consists of retail deposits from the general public in its market area and investing those deposits, together with funds generated from activities and borrowings, in one- to four-family residential real estate loans, other loans, home equity loans and lines of credit, commercial real estate loans, the United States small business administration (SBA) loans, commercial business loans, commercial construction loans and consumer loans.

Another recent and important Coastway Bancorp Inc (NASDAQ:CWAY) news was published by Providencejournal.com which published an article titled: “Cranston’s Coastway Bancorp to become a publicly traded stock company” on January 15, 2014.

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By Darrin Black


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