FS Bancorp, Inc. (NASDAQ:FSBW) Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. grew its position in FS Bancorp, Inc. (NASDAQ:FSBW - Free Report) by 108.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 37,536 shares of the bank's stock after acquiring an additional 19,509 shares during the period. JPMorgan Chase & Co. owned about 0.48% of FS Bancorp worth $1,541,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. American Century Companies Inc. increased its position in FS Bancorp by 5.3% during the 4th quarter. American Century Companies Inc. now owns 80,284 shares of the bank's stock worth $3,296,000 after purchasing an additional 4,013 shares during the period. Connor Clark & Lunn Investment Management Ltd. grew its holdings in FS Bancorp by 47.9% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 20,995 shares of the bank's stock worth $862,000 after acquiring an additional 6,804 shares during the period. Raymond James Financial Inc. purchased a new position in FS Bancorp in the fourth quarter worth $1,510,000. Bailard Inc. acquired a new stake in FS Bancorp in the fourth quarter valued at $257,000. Finally, Bank of New York Mellon Corp boosted its position in shares of FS Bancorp by 3.0% during the 4th quarter. Bank of New York Mellon Corp now owns 57,722 shares of the bank's stock worth $2,370,000 after purchasing an additional 1,700 shares in the last quarter. 63.88% of the stock is currently owned by institutional investors and hedge funds.

FS Bancorp Price Performance

Shares of FSBW traded up $0.14 during trading hours on Thursday, reaching $39.24. The company had a trading volume of 868 shares, compared to its average volume of 16,613. The company has a current ratio of 1.06, a quick ratio of 1.04 and a debt-to-equity ratio of 0.74. FS Bancorp, Inc. has a 12-month low of $31.11 and a 12-month high of $49.15. The firm has a 50 day simple moving average of $37.84 and a 200-day simple moving average of $41.29. The company has a market capitalization of $304.31 million, a price-to-earnings ratio of 8.92 and a beta of 0.78.

FS Bancorp (NASDAQ:FSBW - Get Free Report) last posted its quarterly 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 company had revenue of $36.11 million during the quarter, compared to the consensus estimate of $36.05 million. FS Bancorp had a net margin of 16.97% and a return on equity of 12.35%. Research analysts expect that FS Bancorp, Inc. will post 4.26 earnings per share for the current year.

FS Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 22nd. Stockholders of record on Thursday, May 8th will be paid a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a dividend yield of 2.85%. The ex-dividend date of this dividend is Thursday, May 8th. FS Bancorp's dividend payout ratio (DPR) is presently 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.