FS Bancorp, Inc. (NASDAQ:FSBW) Shares Sold by Stilwell Value LLC

Stilwell Value LLC lowered its holdings in FS Bancorp, Inc. (NASDAQ:FSBW - Free Report) by 32.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 78,000 shares of the bank's stock after selling 37,000 shares during the quarter. FS Bancorp comprises 2.4% of Stilwell Value LLC's investment portfolio, making the stock its 6th biggest holding. Stilwell Value LLC owned about 1.00% of FS Bancorp worth $3,203,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in FSBW. Dimensional Fund Advisors LP boosted its stake in FS Bancorp by 1.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 407,026 shares of the bank's stock worth $16,713,000 after purchasing an additional 5,008 shares during the period. Barclays PLC boosted its stake in shares of FS Bancorp by 5.3% during the fourth quarter. Barclays PLC now owns 28,872 shares of the bank's stock worth $1,185,000 after buying an additional 1,454 shares during the period. Raymond James Financial Inc. purchased a new position in shares of FS Bancorp during the fourth quarter worth about $1,510,000. Renaissance Technologies LLC increased its position in FS Bancorp by 0.6% in the 4th quarter. Renaissance Technologies LLC now owns 118,385 shares of the bank's stock valued at $4,861,000 after acquiring an additional 685 shares during the period. Finally, Aristides Capital LLC increased its position in FS Bancorp by 16.2% in the 4th quarter. Aristides Capital LLC now owns 31,691 shares of the bank's stock valued at $1,301,000 after acquiring an additional 4,408 shares during the period. Institutional investors and hedge funds own 63.88% of the company's stock.

FS Bancorp Stock Performance

FSBW traded down $1.01 during trading on Friday, hitting $38.32. The stock had a trading volume of 17,691 shares, compared to its average volume of 16,565. FS Bancorp, Inc. has a twelve month low of $31.11 and a twelve month high of $49.15. The firm has a market capitalization of $297.21 million, a P/E ratio of 8.71 and a beta of 0.78. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.04 and a current ratio of 1.06. The company's 50-day moving average price is $37.82 and its 200 day moving average price is $41.35.

FS Bancorp (NASDAQ:FSBW - Get Free Report) last announced its quarterly earnings data on Tuesday, April 22nd. The bank reported $1.01 earnings per share for the quarter, topping analysts' consensus estimates of $0.93 by $0.08. FS Bancorp had a return on equity of 12.35% and a net margin of 16.97%. The firm had revenue of $36.11 million for the quarter, compared to analyst estimates of $36.05 million. On average, equities research analysts forecast that FS Bancorp, Inc. will post 4.26 EPS for the current fiscal year.

FS Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 22nd. Shareholders of record on Thursday, May 8th will be issued a dividend of $0.28 per share. The ex-dividend date is Thursday, May 8th. This represents a $1.12 annualized dividend and a yield of 2.92%. FS Bancorp's dividend payout ratio (DPR) is currently 25.75%.

FS Bancorp Company 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.