John Lee Mcphearson Buys 1,500 Shares of First US Bancshares, Inc. (NASDAQ:FUSB) Stock

First US Bancshares, Inc. (NASDAQ:FUSB) Director John Lee Mcphearson purchased 1,500 shares of First US Bancshares stock in a transaction dated Friday, February 28th. The stock was bought at an average cost of $8.23 per share, with a total value of $12,345.00. Following the completion of the transaction, the director now directly owns 1,500 shares of the company’s stock, valued at $12,345. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

First US Bancshares Price Performance

NASDAQ FUSB opened at $13.65 on Friday. The company has a 50 day simple moving average of $12.89 and a 200-day simple moving average of $12.20. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.91 and a quick ratio of 0.91. The firm has a market capitalization of $78.02 million, a price-to-earnings ratio of 10.26 and a beta of 0.92. First US Bancshares, Inc. has a 52-week low of $8.66 and a 52-week high of $14.30.

First US Bancshares (NASDAQ:FUSB) last released its quarterly earnings data on Monday, January 27th. The financial services provider reported $0.29 EPS for the quarter. First US Bancshares had a return on equity of 8.61% and a net margin of 13.21%.

First US Bancshares Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 14th will be issued a $0.07 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.28 dividend on an annualized basis and a yield of 2.05%. First US Bancshares’s dividend payout ratio is currently 21.05%.

Hedge Funds Weigh In On First US Bancshares

A number of hedge funds have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP increased its holdings in First US Bancshares by 11.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 31,761 shares of the financial services provider’s stock worth $398,000 after buying an additional 3,176 shares during the last quarter. Geode Capital Management LLC increased its holdings in First US Bancshares by 13.6% in the third quarter. Geode Capital Management LLC now owns 52,713 shares of the financial services provider’s stock worth $611,000 after buying an additional 6,325 shares during the last quarter. Northern Trust Corp increased its holdings in First US Bancshares by 54.5% in the fourth quarter. Northern Trust Corp now owns 24,644 shares of the financial services provider’s stock worth $310,000 after buying an additional 8,690 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new position in First US Bancshares in the third quarter worth approximately $125,000. Institutional investors and hedge funds own 18.74% of the company’s stock.

First US Bancshares Company Profile

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.