Summit Financial Wealth Advisors LLC Sells 2,600 Shares of Catalyst Bancorp, Inc. (NASDAQ:CLST)

Summit Financial Wealth Advisors LLC lessened its holdings in Catalyst Bancorp, Inc. (NASDAQ:CLST) by 9.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,200 shares of the company’s stock after selling 2,600 shares during the period. Summit Financial Wealth Advisors LLC’s holdings in Catalyst Bancorp were worth $276,000 at the end of the most recent quarter.

Separately, Wittenberg Investment Management Inc. purchased a new stake in shares of Catalyst Bancorp in the third quarter worth approximately $416,000. Hedge funds and other institutional investors own 33.09% of the company’s stock.

Catalyst Bancorp Stock Up 0.5 %

CLST stock opened at $11.71 on Tuesday. The stock’s 50 day moving average is $11.41 and its 200-day moving average is $11.55. Catalyst Bancorp, Inc. has a twelve month low of $10.60 and a twelve month high of $12.10. The firm has a market capitalization of $50.84 million, a PE ratio of -14.28 and a beta of 0.12. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.36.

Catalyst Bancorp (NASDAQ:CLST) last issued its quarterly earnings results on Thursday, October 24th. The company reported $0.11 EPS for the quarter. The business had revenue of $4.29 million for the quarter. During the same period last year, the firm earned $0.03 earnings per share.

About Catalyst Bancorp

Catalyst Bancorp, Inc operates as a holding company for Catalyst Bank that provides various banking services to individuals and businesses in Louisiana. The company accepts various deposit products, including savings accounts, demand and NOW accounts, money market accounts, and certificates of deposit.