Stewardship Financial Co. (SSFN) Holdings Lifted by Dimensional Fund Advisors LP

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Dimensional Fund Advisors LP boosted its holdings in Stewardship Financial Co. (NASDAQ:SSFN) by 36.8% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,516 shares of the bank’s stock after purchasing an additional 6,321 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Stewardship Financial were worth $274,000 as of its most recent SEC filing.

Separately, Well Done LLC boosted its stake in Stewardship Financial by 602.6% in the 2nd quarter. Well Done LLC now owns 53,239 shares of the bank’s stock worth $620,000 after purchasing an additional 45,662 shares during the period. 22.87% of the stock is owned by hedge funds and other institutional investors.

SSFN stock opened at $9.95 on Thursday. Stewardship Financial Co. has a 1-year low of $9.30 and a 1-year high of $12.75. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.92. The company has a market capitalization of $82.86 million, a price-to-earnings ratio of 11.35 and a beta of 0.13.

Stewardship Financial (NASDAQ:SSFN) last posted its quarterly earnings results on Thursday, August 9th. The bank reported $0.27 earnings per share for the quarter. The business had revenue of $7.87 million during the quarter. Stewardship Financial had a return on equity of 9.68% and a net margin of 15.44%.

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 15th. Stockholders of record on Thursday, November 1st will be given a dividend of $0.03 per share. The ex-dividend date of this dividend is Wednesday, October 31st. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.21%.

Separately, ValuEngine downgraded Stewardship Financial from a “buy” rating to a “hold” rating in a research note on Friday, July 6th.

Stewardship Financial Company Profile

Stewardship Financial Corporation operates as the bank holding company for Atlantic Stewardship Bank that provides various commercial and retail banking products and services for small and medium-sized businesses, professionals, and individuals. The company offers various deposits, such as personal and business checking accounts, time deposits, money market accounts, regular savings accounts, certificates of deposit, and term certificate accounts.

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Institutional Ownership by Quarter for Stewardship Financial (NASDAQ:SSFN)

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