FS Bancorp (NASDAQ:FSBW) Shares Pass Below Two Hundred Day Moving Average – Time to Sell?

FS Bancorp, Inc. (NASDAQ:FSBW)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $43.01 and traded as low as $38.57. FS Bancorp shares last traded at $39.03, with a volume of 11,663 shares.

FS Bancorp Stock Down 1.0 %

The stock’s fifty day moving average is $40.20 and its two-hundred day moving average is $43.01. The firm has a market cap of $305.10 million, a P/E ratio of 8.87 and a beta of 0.95. 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 (NASDAQ:FSBW) last issued its quarterly earnings results on Tuesday, January 21st. The bank reported $0.92 EPS for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.12). FS Bancorp had a return on equity of 12.35% and a net margin of 16.97%. As a group, research analysts anticipate that FS Bancorp, Inc. will post 4.26 earnings per share for the current year.

FS Bancorp Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, February 20th. Shareholders of record on Thursday, February 6th were given a dividend of $0.28 per share. The ex-dividend date was Thursday, February 6th. This represents a $1.12 annualized dividend and a yield of 2.87%. This is a boost from FS Bancorp’s previous quarterly dividend of $0.27. FS Bancorp’s dividend payout ratio is presently 25.45%.

Institutional Investors Weigh In On FS Bancorp

Institutional investors have recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC boosted its position in FS Bancorp by 354.0% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,026 shares of the bank’s stock valued at $42,000 after buying an additional 800 shares during the period. SG Americas Securities LLC boosted its position in FS Bancorp by 18.6% during the 4th quarter. SG Americas Securities LLC now owns 2,756 shares of the bank’s stock valued at $113,000 after buying an additional 433 shares during the period. Wells Fargo & Company MN boosted its position in FS Bancorp by 27.8% during the 4th quarter. Wells Fargo & Company MN now owns 3,909 shares of the bank’s stock valued at $161,000 after buying an additional 851 shares during the period. Advisors Asset Management Inc. boosted its position in FS Bancorp by 165.1% during the 3rd quarter. Advisors Asset Management Inc. now owns 4,146 shares of the bank’s stock valued at $184,000 after buying an additional 2,582 shares during the period. Finally, Lazard Asset Management LLC boosted its position in FS Bancorp by 55.5% during the 4th quarter. Lazard Asset Management LLC now owns 4,190 shares of the bank’s stock valued at $172,000 after buying an additional 1,495 shares during the period. Hedge funds and other institutional investors own 63.88% of the company’s stock.

About FS Bancorp

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.