Fifth District Savings Bank (NASDAQ:FDSB) Trading Down 0.1% – What’s Next?

Fifth District Savings Bank (NASDAQ:FDSB)’s stock price was down 0.1% during trading on Monday . The company traded as low as $12.31 and last traded at $12.31. Approximately 8,467 shares changed hands during trading, a decline of 74% from the average daily volume of 32,640 shares. The stock had previously closed at $12.32.

Fifth District Savings Bank Stock Down 1.9 %

The company has a debt-to-equity ratio of 0.05, a current ratio of 1.05 and a quick ratio of 1.05. The firm has a 50-day moving average price of $12.66 and a 200 day moving average price of $11.94.

Hedge Funds Weigh In On Fifth District Savings Bank

Hedge funds have recently added to or reduced their stakes in the business. Fourthstone LLC acquired a new stake in shares of Fifth District Savings Bank during the third quarter worth $1,058,000. Stilwell Value LLC raised its stake in Fifth District Savings Bank by 87.7% during the fourth quarter. Stilwell Value LLC now owns 80,000 shares of the company’s stock worth $1,010,000 after acquiring an additional 37,368 shares during the period. Geode Capital Management LLC lifted its holdings in Fifth District Savings Bank by 1.9% in the fourth quarter. Geode Capital Management LLC now owns 48,333 shares of the company’s stock worth $612,000 after acquiring an additional 891 shares during the last quarter. Alliancebernstein L.P. boosted its stake in Fifth District Savings Bank by 21.9% in the fourth quarter. Alliancebernstein L.P. now owns 25,578 shares of the company’s stock valued at $323,000 after acquiring an additional 4,588 shares during the period. Finally, Beacon Pointe Advisors LLC acquired a new position in Fifth District Savings Bank in the fourth quarter valued at approximately $139,000.

About Fifth District Savings Bank

Fifth District Bancorp, Inc is the holding company for Fifth District Savings Bank which provide all banking services. Fifth District Bancorp, Inc is based in NEW ORLEANS.