Barclays PLC Boosts Position in FS Bancorp, Inc. (NASDAQ:FSBW)

Barclays PLC raised its stake in FS Bancorp, Inc. (NASDAQ:FSBW) by 30.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 27,418 shares of the bank’s stock after buying an additional 6,331 shares during the period. Barclays PLC owned about 0.35% of FS Bancorp worth $1,220,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in the stock. Jane Street Group LLC grew its holdings in FS Bancorp by 43.9% during the 3rd quarter. Jane Street Group LLC now owns 8,784 shares of the bank’s stock worth $391,000 after acquiring an additional 2,678 shares in the last quarter. State Street Corp boosted its stake in shares of FS Bancorp by 4.9% during the third quarter. State Street Corp now owns 113,851 shares of the bank’s stock valued at $5,065,000 after purchasing an additional 5,313 shares in the last quarter. HighTower Advisors LLC increased its holdings in FS Bancorp by 2.0% during the third quarter. HighTower Advisors LLC now owns 30,076 shares of the bank’s stock valued at $1,339,000 after buying an additional 597 shares during the period. De Lisle Partners LLP raised its stake in FS Bancorp by 34.0% in the third quarter. De Lisle Partners LLP now owns 358,765 shares of the bank’s stock worth $15,982,000 after buying an additional 91,123 shares in the last quarter. Finally, Advisors Asset Management Inc. lifted its holdings in FS Bancorp by 165.1% during the third quarter. Advisors Asset Management Inc. now owns 4,146 shares of the bank’s stock worth $184,000 after buying an additional 2,582 shares during the period. 63.88% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered FS Bancorp from a “buy” rating to a “hold” rating in a research report on Wednesday, October 23rd.

FS Bancorp Stock Down 2.2 %

Shares of FS Bancorp stock opened at $41.02 on Monday. FS Bancorp, Inc. has a 52-week low of $30.64 and a 52-week high of $49.15. The firm’s 50 day moving average price is $45.22 and its 200-day moving average price is $42.29. The company has a quick ratio of 1.04, a current ratio of 1.06 and a debt-to-equity ratio of 0.74. The company has a market cap of $320.65 million, a P/E ratio of 8.71 and a beta of 0.94.

FS Bancorp (NASDAQ:FSBW) last issued its quarterly earnings results on Tuesday, October 22nd. The bank reported $1.29 earnings per share for the quarter, topping the consensus estimate of $1.14 by $0.15. The business had revenue of $53.01 million during the quarter, compared to the consensus estimate of $37.10 million. FS Bancorp had a return on equity of 13.42% and a net margin of 18.28%. On average, sell-side analysts predict that FS Bancorp, Inc. will post 4.52 EPS for the current fiscal year.

FS Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, November 21st. Investors of record on Thursday, November 7th were paid a $0.27 dividend. The ex-dividend date was Thursday, November 7th. This represents a $1.08 dividend on an annualized basis and a yield of 2.63%. FS Bancorp’s dividend payout ratio (DPR) is 22.93%.

FS Bancorp 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.