First US Bancshares (NASDAQ:FUSB) Stock Passes Above Two Hundred Day Moving Average – Here’s Why

First US Bancshares, Inc. (NASDAQ:FUSB)’s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $12.64 and traded as high as $13.50. First US Bancshares shares last traded at $13.45, with a volume of 1,593 shares.

First US Bancshares Stock Performance

The firm has a market cap of $77.36 million, a price-to-earnings ratio of 10.11 and a beta of 0.59. The stock’s fifty day moving average is $13.18 and its two-hundred day moving average is $12.64. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.91 and a current ratio of 0.91.

First US Bancshares (NASDAQ:FUSB) last announced its quarterly earnings results on Monday, January 27th. The financial services provider reported $0.29 EPS for the quarter. First US Bancshares had a net margin of 13.21% and a return on equity of 8.61%.

First US Bancshares Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th were given a dividend of $0.07 per share. The ex-dividend date was Friday, March 14th. This represents a $0.28 dividend on an annualized basis and a yield of 2.08%. First US Bancshares’s dividend payout ratio (DPR) is presently 21.05%.

Hedge Funds Weigh In On First US Bancshares

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Dimensional Fund Advisors LP boosted its holdings in shares of First US Bancshares by 11.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 31,761 shares of the financial services provider’s stock valued at $398,000 after acquiring an additional 3,176 shares in the last quarter. Geode Capital Management LLC boosted its stake in First US Bancshares by 13.6% during the 3rd quarter. Geode Capital Management LLC now owns 52,713 shares of the financial services provider’s stock valued at $611,000 after purchasing an additional 6,325 shares in the last quarter. Northern Trust Corp increased its position in shares of First US Bancshares by 54.5% during the 4th quarter. Northern Trust Corp now owns 24,644 shares of the financial services provider’s stock valued at $310,000 after purchasing an additional 8,690 shares during the period. Finally, Sanctuary Advisors LLC bought a new stake in shares of First US Bancshares in the 3rd quarter worth $125,000. Institutional investors own 18.74% of the company’s stock.

About First US Bancshares

First US Bancshares, Inc operates as the bank holding company for First US Bank that provides commercial banking products and services. The company offers non-interest-bearing demand deposits, savings accounts, NOW accounts, money market demand accounts, individual retirement accounts, and time deposits.