FB Bancorp (NASDAQ:FBLA) Cut to "Sell" at Wall Street Zen

Key Points

• Wall Street Zen downgraded FB Bancorp to a "Sell" from "Hold" and Weiss Ratings reaffirmed a "Sell (d)", leaving the MarketBeat consensus rating as Sell.
• FB Bancorp reported quarterly earnings of ($0.08) per share, with low profitability (ROE 0.96%, net margin 1.48%), a market cap of $267.6M, and the stock trading around $13.49 within a one-year range of $9.81–$14.00.
• Several institutions have changed positions recently, notably M3F Inc. increasing its stake by 2,610.9% to 313,730 shares (~$3.53M), while firms like Peapod Lane Capital, Panagora Asset Management and First Trust Advisors initiated or added stakes.

FB Bancorp (NASDAQ:FBLA - Get Free Report) was downgraded by research analysts at Wall Street Zen from a "hold" rating to a "sell" rating in a report issued on Saturday.

Separately, Weiss Ratings reaffirmed a "sell (d)" rating on shares of FB Bancorp in a research note on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of "Sell".

FB Bancorp Price Performance

FB Bancorp stock opened at $13.49 on Friday. The company's 50 day simple moving average is $13.21 and its 200-day simple moving average is $12.71. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.98 and a current ratio of 1.03. FB Bancorp has a 1 year low of $9.81 and a 1 year high of $14.00. The company has a market capitalization of $267.64 million, a price-to-earnings ratio of 192.71 and a beta of 0.09.

FB Bancorp (NASDAQ:FBLA - Get Free Report) last posted its quarterly earnings data on Wednesday, February 18th. The company reported ($0.08) earnings per share for the quarter. FB Bancorp had a return on equity of 0.96% and a net margin of 1.48%.The company had revenue of $9.39 million for the quarter.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. M3F Inc. increased its stake in FB Bancorp by 2,610.9% during the 2nd quarter. M3F Inc. now owns 313,730 shares of the company's stock worth $3,529,000 after buying an additional 302,157 shares during the period. Peapod Lane Capital LLC purchased a new position in FB Bancorp in the 3rd quarter valued at approximately $840,000. Police & Firemen s Retirement System of New Jersey purchased a new position in FB Bancorp in the 2nd quarter valued at approximately $60,000. Panagora Asset Management Inc. acquired a new position in shares of FB Bancorp in the second quarter worth $514,000. Finally, First Trust Advisors LP purchased a new stake in shares of FB Bancorp during the second quarter worth $142,000.

FB Bancorp Company Profile

FB Bancorp Inc operates as a bank holding company for Fidelity Bank. The Company, through its subsidiaries, provides deposit accounts, mortgages, home equity and consumer loans, credit and debit cards, online and mobile banking, investments and other financial services. FB Bancorp Inc is based in New Orleans.

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