Barclays PLC Raises Stock Holdings in FS Bancorp, Inc. (NASDAQ:FSBW)

Barclays PLC lifted its stake in FS Bancorp, Inc. (NASDAQ:FSBW) by 30.0% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 27,418 shares of the bank’s stock after buying an additional 6,331 shares during the quarter. Barclays PLC’s holdings in FS Bancorp were worth $1,220,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Geode Capital Management LLC raised its position in shares of FS Bancorp by 1.5% during the 3rd quarter. Geode Capital Management LLC now owns 154,911 shares of the bank’s stock valued at $6,894,000 after purchasing an additional 2,215 shares during the period. Jane Street Group LLC raised its holdings in FS Bancorp by 43.9% during the third quarter. Jane Street Group LLC now owns 8,784 shares of the bank’s stock valued at $391,000 after acquiring an additional 2,678 shares during the period. State Street Corp raised its holdings in FS Bancorp by 4.9% during the third quarter. State Street Corp now owns 113,851 shares of the bank’s stock valued at $5,065,000 after acquiring an additional 5,313 shares during the period. HighTower Advisors LLC boosted its stake in shares of FS Bancorp by 2.0% in the third quarter. HighTower Advisors LLC now owns 30,076 shares of the bank’s stock worth $1,339,000 after acquiring an additional 597 shares during the period. Finally, De Lisle Partners LLP grew its position in shares of FS Bancorp by 34.0% during the third quarter. De Lisle Partners LLP now owns 358,765 shares of the bank’s stock worth $15,982,000 after purchasing an additional 91,123 shares in the last quarter. 63.88% of the stock is owned by hedge funds and other institutional investors.

FS Bancorp Stock Performance

NASDAQ FSBW opened at $40.30 on Tuesday. The stock has a market capitalization of $315.03 million, a PE ratio of 8.56 and a beta of 0.96. FS Bancorp, Inc. has a 1-year low of $30.64 and a 1-year high of $49.15. The business has a 50 day simple moving average of $44.40 and a two-hundred day simple moving average of $42.90. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.06 and a quick ratio of 1.04.

FS Bancorp (NASDAQ:FSBW) last released its quarterly earnings results on Tuesday, October 22nd. The bank reported $1.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.14 by $0.15. The company had revenue of $53.01 million for the quarter, compared to the consensus estimate of $37.10 million. FS Bancorp had a net margin of 18.28% and a return on equity of 13.42%. On average, research analysts predict that FS Bancorp, Inc. will post 4.52 EPS for the current fiscal year.

FS Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, November 21st. Stockholders of record on Thursday, November 7th were issued a $0.27 dividend. The ex-dividend date was Thursday, November 7th. This represents a $1.08 annualized dividend and a dividend yield of 2.68%. FS Bancorp’s dividend payout ratio (DPR) is presently 22.93%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of FS Bancorp from a “buy” rating to a “hold” rating in a research report on Wednesday, October 23rd.

FS Bancorp Company Profile

FS Bancorp, Inc operates as a bank holding company for 1st Security Bank of Washington that provides banking and financial services to local families, local and regional businesses, and industry niches. The company operates in two segments, Commercial and Consumer Banking; and Home Lending. It offers various deposit instruments, including checking accounts, money market deposit accounts, savings accounts, and certificates of deposit.