Barclays PLC Buys 6,331 Shares of FS Bancorp, Inc. (NASDAQ:FSBW)

Barclays PLC raised its position in shares of FS Bancorp, Inc. (NASDAQ:FSBW) by 30.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 27,418 shares of the bank’s stock after acquiring an additional 6,331 shares during the quarter. Barclays PLC owned approximately 0.35% of FS Bancorp worth $1,220,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Geode Capital Management LLC grew its position in shares of FS Bancorp by 1.5% in the 3rd quarter. Geode Capital Management LLC now owns 154,911 shares of the bank’s stock worth $6,894,000 after buying an additional 2,215 shares during the period. Jane Street Group LLC grew its holdings in FS Bancorp by 43.9% in the third quarter. Jane Street Group LLC now owns 8,784 shares of the bank’s stock worth $391,000 after purchasing an additional 2,678 shares during the period. State Street Corp increased 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 lifted its holdings in shares of 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 purchasing an additional 597 shares during the last quarter. Finally, De Lisle Partners LLP boosted its position in shares of FS Bancorp by 34.0% in the 3rd quarter. De Lisle Partners LLP now owns 358,765 shares of the bank’s stock worth $15,982,000 after purchasing an additional 91,123 shares in the last quarter. Hedge funds and other institutional investors own 63.88% of the company’s stock.

FS Bancorp Price Performance

NASDAQ FSBW opened at $40.30 on Tuesday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.04 and a current ratio of 1.06. The company has a market capitalization of $315.03 million, a price-to-earnings ratio of 8.56 and a beta of 0.96. The stock has a 50-day moving average of $44.40 and a 200 day moving average of $42.90. FS Bancorp, Inc. has a one year low of $30.64 and a one year high of $49.15.

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

FS Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 21st. Investors of record on Thursday, November 7th were issued a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 2.68%. The ex-dividend date of this dividend was Thursday, November 7th. FS Bancorp’s payout ratio is currently 22.93%.

Analyst Ratings Changes

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

FS Bancorp Company 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.