FS Bancorp, Inc. (NASDAQ:FSBW) Shares Acquired by SG Americas Securities LLC

SG Americas Securities LLC lifted its holdings in shares of FS Bancorp, Inc. (NASDAQ:FSBW) by 18.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,756 shares of the bank’s stock after purchasing an additional 433 shares during the quarter. SG Americas Securities LLC’s holdings in FS Bancorp were worth $113,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Copeland Capital Management LLC purchased a new position in FS Bancorp during the third quarter worth about $62,000. Advisors Asset Management Inc. lifted its holdings in shares of FS Bancorp by 165.1% in the 3rd quarter. Advisors Asset Management Inc. now owns 4,146 shares of the bank’s stock worth $184,000 after acquiring an additional 2,582 shares during the last quarter. Jane Street Group LLC boosted its position in shares of 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 purchasing an additional 2,678 shares during the period. Connor Clark & Lunn Investment Management Ltd. increased its holdings in FS Bancorp by 92.6% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 14,191 shares of the bank’s stock valued at $631,000 after purchasing an additional 6,823 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in FS Bancorp by 216.0% in the third quarter. JPMorgan Chase & Co. now owns 18,027 shares of the bank’s stock valued at $802,000 after purchasing an additional 12,322 shares during the period. 63.88% of the stock is owned by institutional investors and hedge funds.

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 Stock Performance

NASDAQ FSBW opened at $38.74 on Thursday. The company has a market cap of $302.95 million, a P/E ratio of 8.80 and a beta of 0.95. FS Bancorp, Inc. has a 1-year low of $30.64 and a 1-year high of $49.15. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.06 and a quick ratio of 1.04. The stock has a 50-day moving average of $41.63 and a two-hundred day moving average of $43.23.

FS Bancorp (NASDAQ:FSBW) last released its earnings results on Tuesday, January 21st. The bank reported $0.92 earnings per share 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, analysts anticipate that FS Bancorp, Inc. will post 4.26 EPS for the current year.

FS Bancorp Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 20th. Stockholders of record on Thursday, February 6th will be given a dividend of $0.28 per share. This is a boost from FS Bancorp’s previous quarterly dividend of $0.27. This represents a $1.12 annualized dividend and a dividend yield of 2.89%. The ex-dividend date is Thursday, February 6th. FS Bancorp’s payout ratio is 25.45%.

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.