HBK Sorce Advisory LLC increased its holdings in shares of Lake Shore Bancorp, Inc. (NASDAQ:LSBK) by 3.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 66,103 shares of the savings and loans company’s stock after purchasing an additional 2,362 shares during the period. HBK Sorce Advisory LLC owned approximately 1.11% of Lake Shore Bancorp worth $988,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
LSBK stock traded up $0.25 during midday trading on Monday, hitting $14.95. The company has a market capitalization of $87.56 million, a price-to-earnings ratio of 23.74 and a beta of 0.06. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.27. The company’s 50-day simple moving average is $14.85 and its 200 day simple moving average is $15.13. Lake Shore Bancorp, Inc. has a 12 month low of $14.25 and a 12 month high of $17.08.
Lake Shore Bancorp (NASDAQ:LSBK) last released its quarterly earnings results on Wednesday, July 24th. The savings and loans company reported $0.13 EPS for the quarter. The company had revenue of $5.23 million for the quarter. Lake Shore Bancorp had a net margin of 14.96% and a return on equity of 4.68%.
Lake Shore Bancorp Company Profile
Lake Shore Bancorp, Inc operates as the savings and loan holding company for Lake Shore Savings Bank that provides retail and commercial banking products and services. It accepts various deposit products, such as regular savings deposits, including Christmas Club, passbook, and statement savings accounts; money market savings and checking accounts; interest bearing and non-interest bearing checking accounts comprising demand deposits; health savings accounts; retirement accounts; time deposits; interest on lawyer accounts; and accounts for individuals, as well as commercial savings, checking, and money market accounts for businesses.
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