12,155 Shares in Five Star Bancorp $FSBC Purchased by Quantbot Technologies LP

Quantbot Technologies LP purchased a new stake in Five Star Bancorp (NASDAQ:FSBC) during the second quarter, according to its most recent disclosure with the SEC. The firm purchased 12,155 shares of the company’s stock, valued at approximately $592,000.

Several other institutional investors also recently bought and sold shares of FSBC. EP Wealth Advisors LLC acquired a new position in shares of Five Star Bancorp during the second quarter valued at approximately $201,000. Ieq Capital LLC purchased a new stake in shares of Five Star Bancorp during the second quarter worth approximately $1,203,000. Allworth Financial LP acquired a new position in Five Star Bancorp in the 2nd quarter valued at $241,000. Empirical Asset Management LLC acquired a new position in Five Star Bancorp in the 2nd quarter valued at $389,000. Finally, BlackRock Inc. purchased a new position in Five Star Bancorp in the 2nd quarter valued at $64,816,000. 46.94% of the stock is currently owned by institutional investors and hedge funds.

Five Star Bancorp Price Performance

Shares of FSBC opened at $45.26 on Friday. The firm has a 50-day simple moving average of $47.27 and a two-hundred day simple moving average of $42.75. The stock has a market cap of $1.11 billion, a PE ratio of 13.39 and a beta of 0.53. Five Star Bancorp has a 1-year low of $30.68 and a 1-year high of $50.26.

Five Star Bancorp (NASDAQ:FSBC) last issued its quarterly earnings data on Wednesday, July 22nd. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.86 by $0.05. Five Star Bancorp had a net margin of 25.92% and a return on equity of 15.92%. The firm had revenue of $47.95 million for the quarter, compared to analyst estimates of $47.72 million. As a group, sell-side analysts expect that Five Star Bancorp will post 3.52 earnings per share for the current fiscal year.

Five Star Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, August 10th. Shareholders of record on Monday, August 3rd were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date was Monday, August 3rd. Five Star Bancorp’s dividend payout ratio is 29.59%.

Analysts Set New Price Targets

FSBC has been the topic of several recent research reports. Weiss Ratings raised shares of Five Star Bancorp from a “buy (b)” rating to a “buy (b+)” rating in a research note on Tuesday, August 11th. DA Davidson raised their price target on shares of Five Star Bancorp from $53.00 to $55.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Stephens set a $51.00 price target on shares of Five Star Bancorp in a research report on Monday, July 27th. Keefe, Bruyette & Woods upped their price objective on shares of Five Star Bancorp from $41.00 to $43.00 and gave the company a “market perform” rating in a research note on Friday, May 1st. Finally, Zacks Research cut Five Star Bancorp from a “hold” rating to a “strong sell” rating in a report on Thursday, July 30th. Four research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Five Star Bancorp has a consensus rating of “Hold” and an average target price of $45.20.

Insider Buying and Selling at Five Star Bancorp

In other news, Director Shannon Deary-Bell purchased 5,682 shares of the stock in a transaction dated Wednesday, July 22nd. The stock was acquired at an average cost of $44.00 per share, for a total transaction of $250,008.00. Following the completion of the transaction, the director directly owned 85,244 shares in the company, valued at approximately $3,750,736. This represents a 7.14% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Larry Eugene Allbaugh acquired 96,591 shares of the company’s stock in a transaction dated Wednesday, July 22nd. The stock was purchased at an average cost of $44.00 per share, with a total value of $4,250,004.00. Following the completion of the purchase, the director directly owned 1,101,687 shares of the company’s stock, valued at approximately $48,474,228. This represents a 9.61% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders bought 142,727 shares of company stock valued at $6,279,988. Corporate insiders own 21.79% of the company’s stock.

Five Star Bancorp Profile

Five Star Bancorp, Inc is the bank holding company for Five Star Bank, a community-focused financial institution serving retail and commercial customers primarily in Upstate New York. Headquartered in Rochester, the company provides a range of banking and financial services designed to meet the needs of individuals, families and businesses throughout its regional footprint.

The company’s core business activities include deposit services—such as checking, savings and money market accounts—alongside consumer and mortgage lending.