First Us Bancsh (NASDAQ:FUSB) Director Acquires $10,305.00 in Stock

First Us Bancsh (NASDAQ:FUSB) Director Staci Pierce acquired 750 shares of the company’s stock in a transaction dated Wednesday, December 3rd. The stock was acquired at an average price of $13.74 per share, for a total transaction of $10,305.00. Following the completion of the purchase, the director directly owned 8,850 shares of the company’s stock, valued at $121,599. This trade represents a 9.26% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Staci Pierce also recently made the following trade(s):

• On Thursday, November 20th, Staci Pierce bought 250 shares of First Us Bancsh stock. The shares were acquired at an average price of $13.65 per share, with a total value of $3,412.50.
• On Wednesday, November 19th, Staci Pierce bought 200 shares of First Us Bancsh stock. The stock was acquired at an average cost of $13.51 per share, for a total transaction of $2,702.00.
• On Monday, November 17th, Staci Pierce purchased 300 shares of First Us Bancsh stock. The stock was acquired at an average cost of $13.40 per share, for a total transaction of $4,020.00.
• On Thursday, November 13th, Staci Pierce purchased 500 shares of First Us Bancsh stock. The shares were acquired at an average price of $13.72 per share, with a total value of $6,860.00.

First Us Bancsh Stock Performance

Shares of First Us Bancsh stock traded up $0.01 during midday trading on Thursday, hitting $13.84. The company had a trading volume of 3,611 shares, compared to its average volume of 4,924. First Us Bancsh has a 1-year low of $10.30 and a 1-year high of $14.29. The business’s 50 day simple moving average is $12.91 and its two-hundred day simple moving average is $12.70. The stock has a market cap of $79.82 million, a PE ratio of 14.88 and a beta of 0.29. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.90 and a quick ratio of 0.90.

First Us Bancsh (NASDAQ:FUSB) last released its earnings results on Wednesday, October 29th. The financial services provider reported $0.32 EPS for the quarter. The firm had revenue of $10.52 million during the quarter. First Us Bancsh had a net margin of 8.98% and a return on equity of 5.49%.

First Us Bancsh Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, January 2nd. Investors of record on Friday, December 12th will be paid a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Friday, December 12th. First Us Bancsh’s dividend payout ratio (DPR) is presently 30.11%.

Analyst Upgrades and Downgrades

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

Institutional Investors Weigh In On First Us Bancsh

Several institutional investors and hedge funds have recently made changes to their positions in the company. Bank of America Corp DE increased its position in shares of First Us Bancsh by 37.3% during the 3rd quarter. Bank of America Corp DE now owns 16,056 shares of the financial services provider’s stock worth $193,000 after purchasing an additional 4,365 shares in the last quarter. Geode Capital Management LLC grew its stake in First Us Bancsh by 2.8% during the second quarter. Geode Capital Management LLC now owns 56,964 shares of the financial services provider’s stock worth $735,000 after buying an additional 1,526 shares during the last quarter. Finally, Gendell Jeffrey L grew its stake in First Us Bancsh by 4.2% during the second quarter. Gendell Jeffrey L now owns 377,741 shares of the financial services provider’s stock worth $4,873,000 after buying an additional 15,301 shares during the last quarter. Institutional investors and hedge funds own 18.74% of the company’s stock.

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.