American Century Companies Inc. Grows Position in Five Star Bancorp (NASDAQ:FSBC)

American Century Companies Inc. raised its position in Five Star Bancorp (NASDAQ:FSBC - Free Report) by 31.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 261,494 shares of the company's stock after purchasing an additional 62,041 shares during the quarter. American Century Companies Inc. owned 1.23% of Five Star Bancorp worth $7,868,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. increased its stake in Five Star Bancorp by 201.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 134,449 shares of the company's stock worth $3,997,000 after purchasing an additional 89,834 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in Five Star Bancorp during the 3rd quarter valued at about $109,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Five Star Bancorp by 25.5% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 22,435 shares of the company's stock valued at $667,000 after buying an additional 4,564 shares during the period. State Street Corp grew its stake in Five Star Bancorp by 21.7% in the 3rd quarter. State Street Corp now owns 373,173 shares of the company's stock worth $11,094,000 after acquiring an additional 66,602 shares in the last quarter. Finally, Barclays PLC increased its position in shares of Five Star Bancorp by 332.1% during the third quarter. Barclays PLC now owns 25,112 shares of the company's stock worth $746,000 after acquiring an additional 19,301 shares during the period. Institutional investors own 46.94% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on FSBC shares. DA Davidson restated a "buy" rating and set a $38.50 price target on shares of Five Star Bancorp in a research note on Thursday, January 30th. Raymond James reissued an "outperform" rating and set a $35.00 target price (down previously from $38.00) on shares of Five Star Bancorp in a research report on Wednesday, January 29th. Stephens reaffirmed an "overweight" rating and issued a $37.00 price target on shares of Five Star Bancorp in a research report on Tuesday, January 28th. Finally, Keefe, Bruyette & Woods cut their price objective on shares of Five Star Bancorp from $37.00 to $35.00 and set a "market perform" rating on the stock in a report on Thursday, January 30th.

Five Star Bancorp Trading Up 0.1 %

Shares of FSBC stock traded up $0.02 during trading hours on Tuesday, reaching $25.37. 61,515 shares of the company's stock were exchanged, compared to its average volume of 54,059. Five Star Bancorp has a 1 year low of $21.10 and a 1 year high of $35.13. The stock has a market cap of $541.12 million, a PE ratio of 11.13 and a beta of 0.52. The stock's fifty day moving average price is $29.25 and its two-hundred day moving average price is $30.33.

Five Star Bancorp (NASDAQ:FSBC - Get Free Report) last released its earnings results on Monday, January 27th. The company reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.04. Five Star Bancorp had a net margin of 21.40% and a return on equity of 12.89%. On average, equities analysts expect that Five Star Bancorp will post 2.63 EPS for the current fiscal year.

Five Star Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, February 10th. Investors of record on Monday, February 3rd were paid a $0.20 dividend. The ex-dividend date was Monday, February 3rd. This represents a $0.80 dividend on an annualized basis and a yield of 3.15%. Five Star Bancorp's dividend payout ratio (DPR) is 35.09%.

Insiders Place Their Bets

In other Five Star Bancorp news, Director Donna Lucas purchased 2,650 shares of Five Star Bancorp stock in a transaction on Thursday, March 13th. The stock was bought at an average cost of $28.43 per share, with a total value of $75,339.50. Following the transaction, the director now owns 12,076 shares of the company's stock, valued at $343,320.68. This represents a 28.11 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO James Eugene Beckwith sold 4,000 shares of the company's stock in a transaction on Friday, February 28th. The shares were sold at an average price of $30.25, for a total transaction of $121,000.00. Following the completion of the sale, the chief executive officer now directly owns 476,381 shares in the company, valued at $14,410,525.25. This trade represents a 0.83 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 25.57% of the stock is currently owned by insiders.

Five Star Bancorp Profile

Five Star Bancorp operates as the bank holding company for Five Star Bank that provides a range of banking products and services to small and medium-sized businesses, professionals, and individuals in Northern California. It accepts various deposits, such as money market accounts, noninterest-bearing and interest checking accounts, savings accounts, term certificate accounts, and time deposits.