Stock of The Day: Lake Shore Bancorp Inc (NASDAQ:LSBK) Quarterly Sentiment Change Report

November 22, 2016 - By Pete Kolinski   ·   0 Comments

Stock of The Day: Lake Shore Bancorp Inc (NASDAQ:LSBK) Quarterly Sentiment Change Report

Sentiment for Lake Shore Bancorp Inc (NASDAQ:LSBK)

Lake Shore Bancorp Inc (NASDAQ:LSBK) institutional sentiment increased to 4 in Q2 2016. Its up 2.33, from 1.67 in 2016Q1. The ratio is positive, as 5 active investment managers opened new and increased positions, while 3 trimmed and sold stock positions in Lake Shore Bancorp Inc. The active investment managers in our partner’s database now hold: 568,087 shares, up from 557,279 shares in 2016Q1. Also, the number of active investment managers holding Lake Shore Bancorp Inc in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 1 Increased: 3 New Position: 2.

Lake Shore Bancorp, Inc. is a savings and loan holding firm of Lake Shore Savings Bank . The company has a market cap of $86.71 million. The Bank’s loan portfolio consists of real estate loans and other loans. It has a 20.25 P/E ratio. The real estate loans consist of residential one- to four-family, home equity, commercial and construction loans.

The stock increased 0.35% or $0.05 on November 21, hitting $14.25. Lake Shore Bancorp, Inc. (NASDAQ:LSBK) has risen 7.14% since April 20, 2016 and is uptrending. It has outperformed by 2.59% the S&P500.

According to Zacks Investment Research, “Lake Shore Bancorp, Inc. operates as the holding company for Lake Shore Savings Bank, a community-oriented financial institution, which engages in the retail banking business in Erie and Chautauqua Counties of New York. Headquartered in Dunkirk, New York, the company offers various deposit products, including savings deposits, money market accounts, interest bearing and non-interest bearing checking accounts, retirement accounts, time deposits, and interest on lawyer accounts. Its loan portfolio comprises residential mortgage loans, including home equity loans; consumer loans; commercial real estate loans; and commercial loans.”

Arbiter Partners Capital Management Llc holds 0.34% of its portfolio in Lake Shore Bancorp, Inc. for 200,877 shares. Minerva Advisors Llc owns 29,669 shares or 0.26% of their US portfolio. Moreover, Banc Funds Co Llc has 0.17% invested in the company for 217,427 shares. The Pennsylvania-based Hbk Sorce Advisory Llc has invested 0.13% in the stock. Bridgeway Capital Management Inc, a Texas-based fund reported 33,850 shares.#img1#

LSBK Company Profile

Lake Shore Bancorp, Inc., incorporated on August 3, 1981, is a savings and loan holding firm of Lake Shore Savings Bank (the Bank). The Firm operates through over 10 branch offices. The Firm has branches in Chautauqua County, New York, which are located in Dunkirk, Fredonia, Jamestown, Lakewood and Westfield. In Erie County, New York its branch offices are located in Depew, East Amherst, Hamburg, Kenmore, Orchard Park and Snyder. The Firm has over seven stand-alone automated teller machines (ATMs).

More recent Lake Shore Bancorp, Inc. (NASDAQ:LSBK) news were published by: Nasdaq.com which released: “Lake Shore Bancorp, Inc. Announces Third Quarter 2016 Dividend” on October 26, 2016. Also Bizjournals.com published the news titled: “Lake Shore Bancorp’s board adds former New Era Cap executive” on October 05, 2016. Nasdaq.com‘s news article titled: “Lake Shore Bancorp, Inc. (LSBK) Ex-Dividend Date Scheduled for November 08, 2016” with publication date: November 07, 2016 was also an interesting one.

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By Pete Kolinski


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