Jane Street Group LLC Has $346,000 Stock Holdings in Five Star Bancorp (NASDAQ:FSBC)

Jane Street Group LLC decreased its position in Five Star Bancorp (NASDAQ:FSBC) by 64.2% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,624 shares of the company’s stock after selling 20,838 shares during the period. Jane Street Group LLC owned about 0.05% of Five Star Bancorp worth $346,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in shares of Five Star Bancorp in the third quarter valued at $109,000. Acadian Asset Management LLC bought a new stake in Five Star Bancorp in the 2nd quarter valued at $124,000. SG Americas Securities LLC acquired a new position in shares of Five Star Bancorp in the 3rd quarter valued at $182,000. PDT Partners LLC acquired a new stake in shares of Five Star Bancorp during the 3rd quarter valued at about $244,000. Finally, Inspire Investing LLC bought a new stake in Five Star Bancorp in the third quarter valued at about $414,000. Institutional investors own 46.94% of the company’s stock.

Five Star Bancorp Stock Down 0.4 %

NASDAQ:FSBC opened at $29.66 on Thursday. The firm has a market cap of $632.32 million, a PE ratio of 13.01 and a beta of 0.48. The company’s 50-day moving average price is $31.84 and its two-hundred day moving average price is $29.40. Five Star Bancorp has a 12 month low of $21.10 and a 12 month high of $35.13.

Five Star Bancorp (NASDAQ:FSBC) last announced its earnings results on Monday, October 28th. The company reported $0.52 EPS for the quarter, missing the consensus estimate of $0.54 by ($0.02). Five Star Bancorp had a return on equity of 12.80% and a net margin of 21.35%. The business had revenue of $54.05 million during the quarter. During the same quarter in the prior year, the firm earned $0.64 earnings per share. On average, research analysts expect that Five Star Bancorp will post 2.19 EPS for the current fiscal year.

Five Star Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, November 12th. Stockholders of record on Monday, November 4th were paid a $0.20 dividend. The ex-dividend date of this dividend was Monday, November 4th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.70%. Five Star Bancorp’s dividend payout ratio (DPR) is presently 35.09%.

Insider Activity at Five Star Bancorp

In related news, SVP Michael Eugene Lee sold 1,500 shares of the business’s stock in a transaction that occurred on Thursday, October 31st. The shares were sold at an average price of $30.67, for a total value of $46,005.00. Following the completion of the transaction, the senior vice president now owns 36,765 shares in the company, valued at $1,127,582.55. The trade was a 3.92 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 25.57% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of brokerages have commented on FSBC. Keefe, Bruyette & Woods raised their price target on shares of Five Star Bancorp from $33.00 to $37.00 and gave the stock a “market perform” rating in a research note on Wednesday, December 4th. Raymond James assumed coverage on Five Star Bancorp in a research report on Thursday, December 19th. They set an “outperform” rating and a $38.00 target price for the company.

Five Star Bancorp Company Profile

Five Star Bancorp operates as the bank holding company for Five Star Bank that provides a range of banking products and services to small and medium-sized businesses, professionals, and individuals in Northern California. It accepts various deposits, such as money market accounts, noninterest-bearing and interest checking accounts, savings accounts, term certificate accounts, and time deposits.