9,594 Shares in FS Bancorp, Inc. (NASDAQ:FSBW) Bought by D.A. Davidson & CO.

D.A. Davidson & CO. bought a new position in FS Bancorp, Inc. (NASDAQ:FSBW - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 9,594 shares of the bank's stock, valued at approximately $365,000. D.A. Davidson & CO. owned 0.12% of FS Bancorp as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. T. Rowe Price Investment Management Inc. increased its stake in shares of FS Bancorp by 0.5% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 1,026,650 shares of the bank's stock worth $42,155,000 after buying an additional 4,854 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of FS Bancorp by 1.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 407,026 shares of the bank's stock worth $16,713,000 after buying an additional 5,008 shares during the period. Geode Capital Management LLC increased its stake in shares of FS Bancorp by 0.5% in the fourth quarter. Geode Capital Management LLC now owns 155,635 shares of the bank's stock worth $6,393,000 after buying an additional 724 shares during the period. Renaissance Technologies LLC increased its stake in shares of FS Bancorp by 0.6% in the fourth quarter. Renaissance Technologies LLC now owns 118,385 shares of the bank's stock worth $4,861,000 after buying an additional 685 shares during the period. Finally, Bridgeway Capital Management LLC increased its stake in shares of FS Bancorp by 2.0% in the fourth quarter. Bridgeway Capital Management LLC now owns 85,082 shares of the bank's stock worth $3,493,000 after buying an additional 1,692 shares during the period. 63.88% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Wall Street Zen raised shares of FS Bancorp from a "sell" rating to a "hold" rating in a research note on Thursday, May 22nd.

FS Bancorp Stock Performance

NASDAQ:FSBW opened at $42.18 on Friday. The stock has a market cap of $324.79 million, a P/E ratio of 9.70 and a beta of 0.71. The firm's fifty day simple moving average is $39.66 and its 200 day simple moving average is $39.23. FS Bancorp, Inc. has a twelve month low of $34.61 and a twelve month high of $49.15. The company has a quick ratio of 0.99, a current ratio of 1.00 and a debt-to-equity ratio of 0.40.

FS Bancorp (NASDAQ:FSBW - Get Free Report) last released its quarterly earnings results on Tuesday, April 22nd. The bank reported $1.01 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.08. The business had revenue of $36.11 million for the quarter, compared to analysts' expectations of $36.05 million. FS Bancorp had a net margin of 16.63% and a return on equity of 11.87%. As a group, research analysts predict that FS Bancorp, Inc. will post 4.26 EPS for the current year.

FS Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, May 22nd. Investors of record on Thursday, May 8th were issued a $0.28 dividend. This represents a $1.12 annualized dividend and a yield of 2.66%. The ex-dividend date was Thursday, May 8th. FS Bancorp's dividend payout ratio (DPR) is currently 25.75%.

FS Bancorp Profile

FS Bancorp, Inc operates as a bank holding company for 1st Security Bank of Washington that provides banking and financial services to local families, local and regional businesses, and industry niches. The company operates in two segments, Commercial and Consumer Banking; and Home Lending. It offers various deposit instruments, including checking accounts, money market deposit accounts, savings accounts, and certificates of deposit.

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