Millennium Management LLC raised its position in shares of FS Bancorp, Inc. (NASDAQ:FSBW - Free Report) by 96.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,701 shares of the bank's stock after acquiring an additional 9,183 shares during the quarter. Millennium Management LLC owned approximately 0.24% of FS Bancorp worth $768,000 as of its most recent SEC filing.
A number of other hedge funds have also made changes to their positions in the company. Lazard Asset Management LLC raised its holdings in shares of FS Bancorp by 55.5% during the fourth quarter. Lazard Asset Management LLC now owns 4,190 shares of the bank's stock valued at $172,000 after acquiring an additional 1,495 shares during the last quarter. Jacobs Levy Equity Management Inc. increased its holdings in shares of FS Bancorp by 2.4% in the fourth quarter. Jacobs Levy Equity Management Inc. now owns 14,993 shares of the bank's stock valued at $616,000 after purchasing an additional 352 shares during the last quarter. Deutsche Bank AG increased its holdings in shares of FS Bancorp by 39.2% in the fourth quarter. Deutsche Bank AG now owns 8,133 shares of the bank's stock valued at $334,000 after purchasing an additional 2,292 shares during the last quarter. Bridgeway Capital Management LLC increased its holdings 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 valued at $3,493,000 after purchasing an additional 1,692 shares during the last quarter. Finally, Citadel Advisors LLC increased its holdings in shares of FS Bancorp by 119.9% in the fourth quarter. Citadel Advisors LLC now owns 21,412 shares of the bank's stock valued at $879,000 after purchasing an additional 11,674 shares during the last quarter. Institutional investors and hedge funds own 63.88% of the company's stock.
FS Bancorp Trading Up 1.9%
FSBW opened at $38.37 on Friday. The business has a fifty day moving average price of $38.72 and a 200 day moving average price of $40.17. The stock has a market capitalization of $295.33 million, a price-to-earnings ratio of 8.72 and a beta of 0.72. FS Bancorp, Inc. has a 12 month low of $31.81 and a 12 month high of $49.15. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.06 and a quick ratio of 1.04.
FS Bancorp (NASDAQ:FSBW - Get Free Report) last announced its earnings results on Tuesday, April 22nd. The bank reported $1.01 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.93 by $0.08. The firm had revenue of $36.11 million during the quarter, compared to analysts' expectations of $36.05 million. FS Bancorp had a return on equity of 12.35% and a net margin of 16.97%. Sell-side analysts expect that FS Bancorp, Inc. will post 4.26 earnings per share for the current fiscal year.
FS Bancorp Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 22nd. Stockholders of record on Thursday, May 8th were issued a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a dividend yield of 2.92%. The ex-dividend date was Thursday, May 8th. FS Bancorp's dividend payout ratio (DPR) is 25.75%.
Analyst Ratings Changes
Separately, Wall Street Zen raised FS Bancorp from a "sell" rating to a "hold" rating in a report on Thursday, May 22nd.
Get Our Latest Report on FS Bancorp
FS Bancorp Profile
(
Free Report)
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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