FS Bancorp, Inc. (NASDAQ:FSBW – Get Rating)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $32.37 and traded as low as $28.39. FS Bancorp shares last traded at $28.76, with a volume of 14,438 shares.
Wall Street Analysts Forecast Growth
Separately, StockNews.com upgraded shares of FS Bancorp from a “hold” rating to a “buy” rating in a research report on Thursday.
FS Bancorp Stock Performance
The stock’s 50-day moving average price is $29.14 and its 200-day moving average price is $32.35. The company has a current ratio of 0.98, a quick ratio of 0.97 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $223.45 million, a P/E ratio of 7.42 and a beta of 1.02.
FS Bancorp Dividend Announcement
Institutional Trading of FS Bancorp
A number of large investors have recently modified their holdings of FSBW. Assenagon Asset Management S.A. increased its holdings in shares of FS Bancorp by 587.6% in the 1st quarter. Assenagon Asset Management S.A. now owns 81,599 shares of the bank’s stock worth $2,449,000 after acquiring an additional 69,732 shares during the period. Millennium Management LLC increased its stake in FS Bancorp by 137.3% during the 2nd quarter. Millennium Management LLC now owns 103,038 shares of the bank’s stock valued at $2,958,000 after buying an additional 59,615 shares during the period. Citadel Advisors LLC acquired a new position in FS Bancorp during the 2nd quarter valued at about $1,697,000. T. Rowe Price Investment Management Inc. increased its stake in FS Bancorp by 5.8% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 821,427 shares of the bank’s stock valued at $27,469,000 after buying an additional 44,913 shares during the period. Finally, Jane Street Group LLC acquired a new position in FS Bancorp during the 1st quarter valued at about $951,000. Institutional investors and hedge funds own 53.53% of the company’s stock.
About FS Bancorp
FS Bancorp, Inc operates as a bank holding company, which engages in the provision of banking and financial services through its subsidiary. It operates through the Commercial and Consumer Banking, and Home Lending segments. The Commercial and Consumer Banking segment focuses on diversified financial products and services to its commercial and consumer customers through bank branches, automated teller machines (ATM), online banking platforms, mobile banking apps, and telephone banking.
- Get a free copy of the StockNews.com research report on FS Bancorp (FSBW)
- Big Lots Becomes A Stomach Churning Value Play
- The Melt-Up In Marvell Is On; But Don’t Chase It Higher
- Is Apple a Growth Stock or a Value Stock?
- Costco’s Earnings Call Reassure Economists, Recession Cancelled
- Hot Inflation, What It Means For The Summer Rally
Receive News & Ratings for FS Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FS Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.