Aristides Capital LLC Increases Stock Position in FS Bancorp, Inc. (NASDAQ:FSBW)

Aristides Capital LLC boosted its holdings in FS Bancorp, Inc. (NASDAQ:FSBW) by 16.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,691 shares of the bank’s stock after buying an additional 4,408 shares during the period. Aristides Capital LLC owned approximately 0.41% of FS Bancorp worth $1,301,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. SG Americas Securities LLC grew its position in shares of FS Bancorp by 18.6% in the fourth quarter. SG Americas Securities LLC now owns 2,756 shares of the bank’s stock valued at $113,000 after purchasing an additional 433 shares in the last quarter. Wells Fargo & Company MN grew its holdings in FS Bancorp by 27.8% during the 4th quarter. Wells Fargo & Company MN now owns 3,909 shares of the bank’s stock valued at $161,000 after buying an additional 851 shares in the last quarter. Bailard Inc. bought a new stake in shares of FS Bancorp during the fourth quarter valued at about $257,000. Jane Street Group LLC lifted its holdings in shares of FS Bancorp by 43.9% in the third quarter. Jane Street Group LLC now owns 8,784 shares of the bank’s stock worth $391,000 after buying an additional 2,678 shares in the last quarter. Finally, Angel Oak Capital Advisors LLC bought a new position in shares of FS Bancorp in the fourth quarter valued at approximately $739,000. Institutional investors own 63.88% of the company’s stock.

FS Bancorp Stock Performance

FS Bancorp stock opened at $36.27 on Friday. FS Bancorp, Inc. has a 1-year low of $30.64 and a 1-year high of $49.15. The company has a current ratio of 1.06, a quick ratio of 1.04 and a debt-to-equity ratio of 0.74. The firm has a market capitalization of $281.56 million, a PE ratio of 8.24 and a beta of 0.78. The firm’s 50 day simple moving average is $38.53 and its 200 day simple moving average is $42.01.

FS Bancorp (NASDAQ:FSBW) last released its quarterly earnings results on Tuesday, January 21st. The bank reported $0.92 earnings per share for the quarter, missing the consensus estimate of $1.04 by ($0.12). FS Bancorp had a return on equity of 12.35% and a net margin of 16.97%. As a group, analysts expect that FS Bancorp, Inc. will post 4.26 earnings per share for the current fiscal year.

FS Bancorp Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 20th. Shareholders of record on Thursday, February 6th were issued a $0.28 dividend. The ex-dividend date was Thursday, February 6th. This represents a $1.12 annualized dividend and a dividend yield of 3.09%. This is a boost from FS Bancorp’s previous quarterly dividend of $0.27. FS Bancorp’s dividend payout ratio (DPR) is presently 25.45%.

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.