November 21, 2016 - By Pete Kolinski · 0 Comments
Poage Bankshares Inc (NASDAQ:PBSK) institutional sentiment increased to 1.67 in 2016 Q2. Its up 0.34, from 1.33 in 2016Q1. The ratio is better, as 8 funds increased and opened new positions, while 6 reduced and sold holdings in Poage Bankshares Inc. The funds in our partner’s database now hold: 942,544 shares, down from 979,193 shares in 2016Q1. Also, the number of funds holding Poage Bankshares Inc in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 4 Reduced: 2 Increased: 4 New Position: 4.
Poage Bankshares, Inc. is a holding firm for Town Square Bank . The company has a market cap of $71.68 million. Town Square is a federal savings association. It has a 33.86 P/E ratio. The Firm operates in banking segment.
The stock increased 0.53% or $0.1 on November 18, hitting $19.1. Poage Bankshares Inc (NASDAQ:PBSK) has risen 17.74% since April 19, 2016 and is uptrending. It has outperformed by 13.88% the S&P500.
According to Zacks Investment Research, “Poage Bankshares, Inc. is a holding company for Home Federal Savings and Loan Association. The savings and loan accepts deposits and offers first lien one-to-four family residential mortgage loans, commercial and multi-family real estate loans, and consumer loans. Its lending markets are in Boyd, Greenup and Lawrence Counties in Kentucky, and Lawrence and Scioto Counties in Ohio. Poage Bankshares, Inc. is based in Ashland, Kentucky.”
Maltese Capital Management Llc holds 0.58% of its portfolio in Poage Bankshares Inc for 270,505 shares. Gendell Jeffrey L owns 75,676 shares or 0.27% of their US portfolio. Moreover, Firefly Value Partners Lp has 0.18% invested in the company for 68,119 shares. The Virginia-based Fj Capital Management Llc has invested 0.05% in the stock. Keeley Asset Management Corp, a Illinois-based fund reported 11,918 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 6 insider purchases, and 1 sale for $157,578 net activity.
Poage Bankshares, Inc., incorporated on February 8, 2011, is a holding firm for Town Square Bank (Town Square). Town Square is a federal savings association. The Firm operates in banking segment. Town Square’s business consists of accepting savings accounts, checking accounts and certificates of deposits from the general public and investing those deposits, together with funds generated from activities and borrowings, primarily in first lien one-to-four-family mortgage loans, commercial and multi-family real estate loans, commercial and industrial loans consumer loans, consisting primarily of automobile loans and home equity loans and lines of credit, and construction loans. Town Square purchases investment securities consisting of mortgage-backed securities issued by the United States Government agencies and government-sponsored enterprises, and obligations of state and political subdivisions. Town Square provides financial services to individuals, families and businesses, through its banking offices located in and around Ashland, Nicholasville and Mt. Sterling, Kentucky.
More notable recent Poage Bankshares Inc (NASDAQ:PBSK) news were published by: Prnewswire.com which released: “Town Square Bank and Poage Bankshares, Inc. Announce Leadership Changes” on August 24, 2015, also Prnewswire.com with their article: “Poage Bankshares, Inc. To Acquire Commonwealth Bank, FSB in a Conversion …” published on September 09, 2014, Prnewswire.com published: “Poage Bankshares, Inc. Completes Town Square Acquisition” on March 19, 2014. More interesting news about Poage Bankshares Inc (NASDAQ:PBSK) were released by: Streetinsider.com and their article: “Form 8-K Poage Bankshares, Inc. For: Jul 21” published on July 27, 2015 as well as Seekingalpha.com‘s news article titled: “Poage Bankshares: Bargain Demutualization Straight Out Of ‘Margin Of Safety'” with publication date: February 29, 2012.
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By Pete Kolinski