First Us Bancsh (NASDAQ:FUSB) Director Robert Field Acquires 4,000 Shares

First Us Bancsh (NASDAQ:FUSB) Director Robert Field acquired 4,000 shares of the company’s stock in a transaction on Tuesday, November 25th. The stock was purchased at an average cost of $13.71 per share, for a total transaction of $54,840.00. Following the completion of the transaction, the director owned 4,000 shares in the company, valued at approximately $54,840. The trade was a ∞ increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website.

First Us Bancsh Stock Down 0.7%

Shares of FUSB traded down $0.09 during midday trading on Thursday, reaching $13.51. The stock had a trading volume of 9,837 shares, compared to its average volume of 4,924. The company has a market cap of $77.91 million, a price-to-earnings ratio of 14.53 and a beta of 0.44. The company’s fifty day simple moving average is $12.83 and its two-hundred day simple moving average is $12.68. First Us Bancsh has a 1-year low of $10.30 and a 1-year high of $14.30. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.90 and a quick ratio of 0.90.

First Us Bancsh (NASDAQ:FUSB) last issued its earnings results on Wednesday, October 29th. The financial services provider reported $0.32 EPS for the quarter. First Us Bancsh had a net margin of 8.98% and a return on equity of 5.54%. The firm had revenue of $10.52 million during the quarter.

First Us Bancsh Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 2nd. Investors of record on Friday, December 12th will be issued a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Friday, December 12th. First Us Bancsh’s dividend payout ratio is 30.11%.

Hedge Funds Weigh In On First Us Bancsh

A number of hedge funds have recently modified their holdings of FUSB. Bank of America Corp DE increased its holdings in shares of First Us Bancsh by 37.3% in the 3rd quarter. Bank of America Corp DE now owns 16,056 shares of the financial services provider’s stock valued at $193,000 after acquiring an additional 4,365 shares during the period. Geode Capital Management LLC grew its position in First Us Bancsh by 2.8% during the 2nd quarter. Geode Capital Management LLC now owns 56,964 shares of the financial services provider’s stock worth $735,000 after purchasing an additional 1,526 shares during the last quarter. Finally, Gendell Jeffrey L increased its stake in First Us Bancsh by 4.2% in the second quarter. Gendell Jeffrey L now owns 377,741 shares of the financial services provider’s stock valued at $4,873,000 after purchasing an additional 15,301 shares during the period. 18.74% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “hold (c)” rating on shares of First Us Bancsh in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock has a consensus rating of “Hold”.

About First Us Bancsh

First US Bancshares, Inc operates as the bank holding company for First US Bank that provides commercial banking products and services. The company offers non-interest-bearing demand deposits, savings accounts, NOW accounts, money market demand accounts, individual retirement accounts, and time deposits.