Dimensional Fund Advisors LP Invests $417,000 in Sunshine Bancorp, Inc. (SBCP) Stock

Dimensional Fund Advisors LP bought a new position in shares of Sunshine Bancorp, Inc. (NASDAQ:SBCP) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 19,576 shares of the bank’s stock, valued at approximately $417,000. Dimensional Fund Advisors LP owned 0.25% of Sunshine Bancorp at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the stock. Vanguard Group Inc. increased its holdings in Sunshine Bancorp by 47.3% during the 2nd quarter. Vanguard Group Inc. now owns 99,499 shares of the bank’s stock worth $2,120,000 after acquiring an additional 31,961 shares during the period. Northern Trust Corp bought a new position in shares of Sunshine Bancorp in the 2nd quarter worth $1,686,000. Penn Capital Management Co. Inc. increased its holdings in shares of Sunshine Bancorp by 86.4% in the 2nd quarter. Penn Capital Management Co. Inc. now owns 83,195 shares of the bank’s stock worth $1,773,000 after buying an additional 38,567 shares during the last quarter. New York State Common Retirement Fund bought a new position in shares of Sunshine Bancorp in the 2nd quarter worth $168,000. Finally, TIAA CREF Investment Management LLC bought a new position in shares of Sunshine Bancorp in the 2nd quarter worth $416,000. 44.20% of the stock is currently owned by institutional investors and hedge funds.

Separately, ValuEngine lowered shares of Sunshine Bancorp from a “buy” rating to a “hold” rating in a report on Friday, December 1st.

Sunshine Bancorp, Inc. (SBCP) opened at $23.76 on Wednesday. The company has a market cap of $192.15, a price-to-earnings ratio of 27.20 and a beta of 0.40. Sunshine Bancorp, Inc. has a twelve month low of $16.36 and a twelve month high of $24.80. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.48.

Sunshine Bancorp (NASDAQ:SBCP) last issued its quarterly earnings results on Thursday, October 26th. The bank reported $0.20 EPS for the quarter, missing the Zacks’ consensus estimate of $0.22 by ($0.02). The company had revenue of $9.18 million during 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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Institutional Ownership by Quarter for Sunshine Bancorp (NASDAQ:SBCP)

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