Barclays PLC Boosts Stake in Five Star Bancorp (NASDAQ:FSBC)

Barclays PLC raised its position in Five Star Bancorp (NASDAQ:FSBC) by 332.1% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 25,112 shares of the company’s stock after buying an additional 19,301 shares during the period. Barclays PLC owned 0.12% of Five Star Bancorp worth $746,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank purchased a new stake in Five Star Bancorp in the 3rd quarter valued at about $109,000. Acadian Asset Management LLC purchased a new stake in Five Star Bancorp in the 2nd quarter valued at about $124,000. SG Americas Securities LLC purchased a new stake in Five Star Bancorp in the 3rd quarter valued at about $182,000. PDT Partners LLC purchased a new stake in Five Star Bancorp in the 3rd quarter valued at about $244,000. Finally, Inspire Investing LLC purchased a new stake in Five Star Bancorp in the 3rd quarter valued at about $414,000. Hedge funds and other institutional investors own 46.94% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on FSBC shares. Keefe, Bruyette & Woods increased their price objective on shares of Five Star Bancorp from $33.00 to $37.00 and gave the company a “market perform” rating in a research note on Wednesday, December 4th. Raymond James started coverage on shares of 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.

Insider Buying and Selling

In related news, SVP Michael Eugene Lee sold 1,500 shares of the firm’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 directly owns 36,765 shares of the company’s stock, valued at approximately $1,127,582.55. This trade represents a 3.92 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 25.57% of the stock is owned by insiders.

Five Star Bancorp Stock Up 2.6 %

Five Star Bancorp stock opened at $30.43 on Thursday. Five Star Bancorp has a twelve month low of $21.10 and a twelve month high of $35.13. The firm has a 50 day moving average price of $31.77 and a 200-day moving average price of $29.62. The company has a market capitalization of $648.74 million, a P/E ratio of 13.35 and a beta of 0.48.

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

Five Star Bancorp 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.