Geode Capital Management LLC Boosts Stock Position in First Seacoast Bancorp, Inc. (NASDAQ:FSEA)

Geode Capital Management LLC raised its holdings in shares of First Seacoast Bancorp, Inc. (NASDAQ:FSEA) by 36.1% in the 3rd quarter, Holdings Channel reports. The firm owned 35,854 shares of the company’s stock after purchasing an additional 9,507 shares during the quarter. Geode Capital Management LLC’s holdings in First Seacoast Bancorp were worth $325,000 at the end of the most recent quarter.

Separately, RBF Capital LLC purchased a new position in First Seacoast Bancorp in the third quarter valued at about $363,000. Hedge funds and other institutional investors own 38.38% of the company’s stock.

First Seacoast Bancorp Price Performance

Shares of FSEA stock opened at $9.98 on Tuesday. First Seacoast Bancorp, Inc. has a fifty-two week low of $8.05 and a fifty-two week high of $10.38. The firm has a market capitalization of $46.86 million, a price-to-earnings ratio of -5.28 and a beta of 0.42. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.01 and a current ratio of 1.01. The stock’s 50-day simple moving average is $9.54 and its 200-day simple moving average is $9.29.

First Seacoast Bancorp (NASDAQ:FSEA) last announced its quarterly earnings results on Friday, November 8th. The company reported $0.01 earnings per share (EPS) for the quarter. The company had revenue of $3.35 million during the quarter. First Seacoast Bancorp had a negative return on equity of 13.41% and a negative net margin of 35.93%.

First Seacoast Bancorp Company Profile

First Seacoast Bancorp, Inc operates as the holding company for First Seacoast Bank that provides commercial and consumer banking services for individuals and businesses. The company offers interest-bearing and non-interest-bearing checking, savings, and money market accounts, as well as time deposits.