Montz Harcus Wealth Management LLC Takes Position in Catalyst Bancorp, Inc. (NASDAQ:CLST)

Montz Harcus Wealth Management LLC purchased a new stake in Catalyst Bancorp, Inc. (NASDAQ:CLST) in the 1st quarter, HoldingsChannel.com reports. The institutional investor purchased 30,000 shares of the company’s stock, valued at approximately $350,000.

Separately, Renaissance Technologies LLC lifted its holdings in shares of Catalyst Bancorp by 11.7% in the 4th quarter. Renaissance Technologies LLC now owns 25,275 shares of the company’s stock worth $297,000 after acquiring an additional 2,640 shares during the last quarter. Institutional investors and hedge funds own 33.09% of the company’s stock.

Catalyst Bancorp Price Performance

Shares of CLST opened at $12.56 on Thursday. Catalyst Bancorp, Inc. has a twelve month low of $10.67 and a twelve month high of $12.56. The firm’s fifty day simple moving average is $11.70 and its 200-day simple moving average is $11.67. The firm has a market capitalization of $52.50 million, a price-to-earnings ratio of 22.43 and a beta of 0.16. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.12.

Catalyst Bancorp (NASDAQ:CLST) last announced its quarterly earnings results on Thursday, April 24th. The company reported $0.16 EPS for the quarter. Catalyst Bancorp had a net margin of 13.70% and a return on equity of 2.70%. The firm had revenue of $2.92 million for the quarter.

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.