Seidman Lawrence B Lowers stake in Sunshine Bancorp Inc (SBCP)

Sunshine Bancorp Inc (SBCP) : Seidman Lawrence B reduced its stake in Sunshine Bancorp Inc by 8.28% during the most recent quarter end. The investment management company now holds a total of 177,351 shares of Sunshine Bancorp Inc which is valued at $2,505,970 after selling 16,000 shares in Sunshine Bancorp Inc , the firm said in a disclosure report filed with the SEC on Aug 9, 2016.Sunshine Bancorp Inc makes up approximately 1.66% of Seidman Lawrence B’s portfolio.

Other Hedge Funds, Including ,

Sunshine Bancorp Inc opened for trading at $14.2 and hit $14.25 on the upside on Wednesday, eventually ending the session at $14.23, with a gain of 0.28% or 0.04 points. The heightened volatility saw the trading volume jump to 3,996 shares. Company has a market cap of $75 M.

Sunshine Bancorp Inc. is a savings and loan holding company that owns Sunshine Bank (the Bank) which is a federal stock savings bank. Its 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 multi-family real estate land and construction and consumer loans. It also invests in securities which consist primarily of the United States Treasury securities the United States Government agency securities the United States Government sponsored enterprise mortgage-backed securities and securities and obligations of the United States Government-sponsored enterprises and the Federal Home Loan Bank. It offers a range of deposit accounts including savings accounts negotiable order of withdrawal (NOW) accounts money market accounts and certificate of deposit accounts.

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