Barclays PLC grew its position in Five Star Bancorp (NASDAQ:FSBC - Free Report) by 332.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,112 shares of the company's stock after buying an additional 19,301 shares during the quarter. Barclays PLC owned approximately 0.12% of Five Star Bancorp worth $746,000 at the end of the most recent quarter.
Several other institutional investors have also made changes to their positions in the company. Brighton Jones LLC lifted its holdings in shares of Five Star Bancorp by 0.3% during the 3rd quarter. Brighton Jones LLC now owns 141,342 shares of the company's stock valued at $4,202,000 after buying an additional 401 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in Five Star Bancorp in the third quarter worth approximately $109,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Five Star Bancorp by 25.5% during 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 purchasing an additional 4,564 shares in the last quarter. Acadian Asset Management LLC acquired a new stake in shares of Five Star Bancorp in the 2nd quarter valued at $124,000. Finally, Rhumbline Advisers boosted its holdings in Five Star Bancorp by 30.3% in the second quarter. Rhumbline Advisers now owns 23,856 shares of the company's stock worth $564,000 after purchasing an additional 5,542 shares in the last quarter. 46.94% of the stock is owned by hedge funds and other institutional investors.
Insider Activity at Five Star Bancorp
In related news, SVP Michael Eugene Lee sold 1,500 shares of the company's stock in a transaction on Thursday, October 31st. The stock was sold at an average price of $30.67, for a total value of $46,005.00. Following the completion of the transaction, the senior vice president now directly owns 36,765 shares in the company, valued at approximately $1,127,582.55. This represents a 3.92 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 25.57% of the stock is owned by corporate insiders.
Wall Street Analyst Weigh In
A number of research analysts have recently commented on FSBC shares. Keefe, Bruyette & Woods increased their price objective on Five Star Bancorp from $33.00 to $37.00 and gave the company a "market perform" rating in a report on Wednesday, December 4th. Raymond James assumed coverage on shares of Five Star Bancorp in a research note on Thursday, December 19th. They issued an "outperform" rating and a $38.00 target price on the stock.
Read Our Latest Research Report on Five Star Bancorp
Five Star Bancorp Trading Down 1.1 %
FSBC traded down $0.33 during midday trading on Thursday, reaching $30.10. The company's stock had a trading volume of 28,645 shares, compared to its average volume of 32,544. Five Star Bancorp has a twelve month low of $21.10 and a twelve month high of $35.13. The stock has a market cap of $641.73 million, a P/E ratio of 13.20 and a beta of 0.48. The company has a fifty day simple moving average of $31.71 and a 200 day simple moving average of $29.62.
Five Star Bancorp (NASDAQ:FSBC - Get Free Report) last released its earnings results on Monday, October 28th. The company reported $0.52 EPS for the quarter, missing the consensus estimate of $0.54 by ($0.02). The company had revenue of $54.05 million for the quarter. Five Star Bancorp had a net margin of 21.35% and a return on equity of 12.80%. During the same period in the prior year, the firm posted $0.64 EPS. Sell-side analysts expect that Five Star Bancorp will post 2.19 earnings per share for the current year.
Five Star Bancorp Profile
(
Free Report)
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.
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