2,323 Shares in FS Bancorp, Inc. (NASDAQ:FSBW) Bought by SG Americas Securities LLC

SG Americas Securities LLC bought a new position in shares of FS Bancorp, Inc. (NASDAQ:FSBW) during the 3rd quarter, Holdings Channel.com reports. The firm bought 2,323 shares of the bank’s stock, valued at approximately $103,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. BNP Paribas Financial Markets boosted its holdings in FS Bancorp by 25.6% in the first quarter. BNP Paribas Financial Markets now owns 12,710 shares of the bank’s stock valued at $441,000 after acquiring an additional 2,590 shares during the last quarter. Empowered Funds LLC raised its position in shares of FS Bancorp by 8.1% during the first quarter. Empowered Funds LLC now owns 30,437 shares of the bank’s stock worth $1,056,000 after purchasing an additional 2,275 shares during the period. Vanguard Group Inc. increased its stake in FS Bancorp by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 403,704 shares of the bank’s stock valued at $14,013,000 after purchasing an additional 2,376 shares in the last quarter. O Shaughnessy Asset Management LLC raised its holdings in FS Bancorp by 4.3% during the first quarter. O Shaughnessy Asset Management LLC now owns 7,734 shares of the bank’s stock worth $268,000 after buying an additional 320 shares during the last quarter. Finally, Lazard Asset Management LLC lifted its stake in shares of FS Bancorp by 64.5% in the first quarter. Lazard Asset Management LLC now owns 2,288 shares of the bank’s stock valued at $79,000 after buying an additional 897 shares in the last quarter. Institutional investors and hedge funds own 63.88% of the company’s stock.

Analyst Ratings Changes

FSBW has been the subject of several recent research reports. DA Davidson boosted their target price on shares of FS Bancorp from $34.00 to $44.00 and gave the stock a “neutral” rating in a research report on Thursday, July 25th. StockNews.com cut FS Bancorp from a “buy” rating to a “hold” rating in a research report on Wednesday, October 23rd.

FS Bancorp Stock Down 2.5 %

FSBW opened at $43.63 on Monday. FS Bancorp, Inc. has a fifty-two week low of $28.07 and a fifty-two week high of $47.01. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.08 and a quick ratio of 1.06. The company’s 50-day moving average is $43.63 and its 200 day moving average is $38.24. The firm has a market capitalization of $338.13 million, a P/E ratio of 9.26 and a beta of 0.93.

FS Bancorp (NASDAQ:FSBW) last released its earnings results on Tuesday, October 22nd. The bank reported $1.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.14 by $0.15. The company had revenue of $53.01 million during the quarter, compared to analyst estimates of $37.10 million. FS Bancorp had a return on equity of 13.58% and a net margin of 18.28%. Research analysts expect that FS Bancorp, Inc. will post 4.44 earnings per share for the current fiscal year.

FS Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, November 21st. Investors of record on Thursday, November 7th will be issued a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 2.48%. The ex-dividend date is Thursday, November 7th. FS Bancorp’s dividend payout ratio (DPR) is currently 22.93%.

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.