Dimensional Fund Advisors LP Acquires 14,885 Shares of Five Star Bancorp (NASDAQ:FSBC)

Dimensional Fund Advisors LP lifted its position in Five Star Bancorp (NASDAQ:FSBC - Free Report) by 9.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 177,091 shares of the company's stock after purchasing an additional 14,885 shares during the quarter. Dimensional Fund Advisors LP owned 0.83% of Five Star Bancorp worth $5,329,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Barclays PLC boosted its position in Five Star Bancorp by 12.4% in the fourth quarter. Barclays PLC now owns 28,235 shares of the company's stock valued at $850,000 after buying an additional 3,123 shares in the last quarter. Bragg Financial Advisors Inc acquired a new position in shares of Five Star Bancorp in the 4th quarter worth approximately $762,000. Invesco Ltd. boosted its holdings in shares of Five Star Bancorp by 1.2% in the 4th quarter. Invesco Ltd. now owns 346,651 shares of the company's stock worth $10,431,000 after acquiring an additional 4,004 shares in the last quarter. Riverwater Partners LLC bought a new stake in Five Star Bancorp during the 4th quarter worth approximately $243,000. Finally, JPMorgan Chase & Co. increased its holdings in Five Star Bancorp by 153.1% during the 4th quarter. JPMorgan Chase & Co. now owns 59,456 shares of the company's stock valued at $1,789,000 after purchasing an additional 35,967 shares in the last quarter. Institutional investors own 46.94% of the company's stock.

Insider Activity

In related news, Director Donna Lucas purchased 2,650 shares of the stock in a transaction dated Thursday, March 13th. The stock was bought at an average cost of $28.43 per share, with a total value of $75,339.50. Following the purchase, the director now directly owns 12,076 shares in the company, valued at $343,320.68. The trade was a 28.11% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, CEO James Eugene Beckwith sold 4,000 shares of Five Star Bancorp stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $30.25, for a total transaction of $121,000.00. Following the transaction, the chief executive officer now directly owns 476,381 shares in the company, valued at $14,410,525.25. The trade was a 0.83% decrease in their position. The disclosure for this sale can be found here. 21.70% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms have commented on FSBC. DA Davidson reduced their price objective on Five Star Bancorp from $38.50 to $37.00 and set a "buy" rating on the stock in a research note on Wednesday, April 30th. Keefe, Bruyette & Woods reduced their price target on shares of Five Star Bancorp from $37.00 to $35.00 and set a "market perform" rating on the stock in a research report on Thursday, January 30th. Stephens restated an "overweight" rating and issued a $37.00 price objective on shares of Five Star Bancorp in a research report on Tuesday, January 28th. Raymond James dropped their target price on shares of Five Star Bancorp from $35.00 to $31.00 and set an "outperform" rating for the company in a research note on Wednesday, April 30th. Finally, Citigroup reissued an "outperform" rating on shares of Five Star Bancorp in a research note on Wednesday, April 30th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $35.00.

Five Star Bancorp Stock Performance

Five Star Bancorp stock traded down $0.45 during trading hours on Friday, reaching $28.97. 48,227 shares of the company's stock traded hands, compared to its average volume of 55,801. The firm has a market capitalization of $617.90 million, a price-to-earnings ratio of 12.71 and a beta of 0.52. Five Star Bancorp has a fifty-two week low of $22.22 and a fifty-two week high of $35.13. The firm's 50 day moving average is $27.42 and its 200-day moving average is $29.87.

Five Star Bancorp (NASDAQ:FSBC - Get Free Report) last posted its quarterly earnings results on Monday, April 28th. The company reported $0.62 earnings per share for the quarter, topping analysts' consensus estimates of $0.61 by $0.01. Five Star Bancorp had a net margin of 21.40% and a return on equity of 12.89%. The business had revenue of $35.34 million during the quarter, compared to the consensus estimate of $35.27 million. Analysts predict that Five Star Bancorp will post 2.63 EPS for the current year.

Five Star Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, May 12th. Stockholders of record on Monday, May 5th were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.76%. The ex-dividend date of this dividend was Monday, May 5th. Five Star Bancorp's dividend payout ratio (DPR) is currently 35.09%.

Five Star Bancorp Profile

Five Star Bancorp operates as the bank holding company for Five Star Bank that provides a range of banking products and services to small and medium-sized businesses, professionals, and individuals in Northern California. It accepts various deposits, such as money market accounts, noninterest-bearing and interest checking accounts, savings accounts, term certificate accounts, and time deposits.