3,224 Shares in FS Bancorp, Inc. (NASDAQ:FSBW) Purchased by SG Americas Securities LLC

SG Americas Securities LLC bought a new position in shares of FS Bancorp, Inc. (NASDAQ:FSBW) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 3,224 shares of the bank’s stock, valued at approximately $119,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. UBS Group AG grew its holdings in FS Bancorp by 188.8% during the third quarter. UBS Group AG now owns 1,522 shares of the bank’s stock worth $41,000 after acquiring an additional 995 shares during the period. Allspring Global Investments Holdings LLC acquired a new stake in FS Bancorp during the third quarter worth about $46,000. BNP Paribas Arbitrage SNC grew its holdings in FS Bancorp by 2,203.8% during the second quarter. BNP Paribas Arbitrage SNC now owns 1,797 shares of the bank’s stock worth $54,000 after acquiring an additional 1,719 shares during the period. California State Teachers Retirement System acquired a new stake in FS Bancorp during the second quarter worth about $66,000. Finally, Wells Fargo & Company MN grew its holdings in FS Bancorp by 5,155.1% in the second quarter. Wells Fargo & Company MN now owns 2,575 shares of the bank’s stock valued at $77,000 after purchasing an additional 2,526 shares during the period. 63.88% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered FS Bancorp from a “buy” rating to a “hold” rating in a report on Thursday, April 11th.

FS Bancorp Stock Up 0.1 %

Shares of FSBW opened at $30.91 on Friday. The company has a current ratio of 1.00, a quick ratio of 0.99 and a debt-to-equity ratio of 0.54. FS Bancorp, Inc. has a 12 month low of $26.08 and a 12 month high of $38.70. The stock’s 50 day moving average is $33.09 and its two-hundred day moving average is $32.97. The firm has a market cap of $241.41 million, a P/E ratio of 6.78 and a beta of 0.92.

FS Bancorp (NASDAQ:FSBW) last issued its quarterly earnings data on Wednesday, January 24th. The bank reported $1.23 EPS for the quarter, beating the consensus estimate of $1.02 by $0.21. FS Bancorp had a return on equity of 15.16% and a net margin of 19.21%. The company had revenue of $35.91 million for the quarter, compared to analyst estimates of $34.80 million. Analysts predict that FS Bancorp, Inc. will post 4.22 earnings per share for the current fiscal year.

FS Bancorp Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, February 22nd. Stockholders of record on Thursday, February 8th were given a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 3.36%. The ex-dividend date of this dividend was Wednesday, February 7th. This is an increase from FS Bancorp’s previous quarterly dividend of $0.25. FS Bancorp’s dividend payout ratio (DPR) is 22.81%.

FS Bancorp 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.