Barclays PLC Raises Stock Holdings in Five Star Bancorp (NASDAQ:FSBC)

Barclays PLC boosted its position in shares of Five Star Bancorp (NASDAQ:FSBC - Free Report) by 332.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,112 shares of the company's stock after buying an additional 19,301 shares during the period. Barclays PLC owned 0.12% of Five Star Bancorp worth $746,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the company. Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in shares of Five Star Bancorp in the 3rd quarter valued at $109,000. Acadian Asset Management LLC acquired a new stake in Five Star Bancorp during the 2nd quarter worth approximately $124,000. SG Americas Securities LLC purchased a new position in Five Star Bancorp in the 3rd quarter valued at approximately $182,000. PDT Partners LLC acquired a new position in shares of Five Star Bancorp in the third quarter worth $244,000. Finally, Inspire Investing LLC purchased a new stake in shares of Five Star Bancorp during the third quarter worth $414,000. 46.94% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Five Star Bancorp

In related news, SVP Michael Eugene Lee sold 1,500 shares of the firm's stock in a transaction that occurred 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 of the company's stock, valued at $1,127,582.55. This trade represents a 3.92 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 25.57% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Raymond James began coverage on Five Star Bancorp in a research note on Thursday, December 19th. They set an "outperform" rating and a $38.00 target price for the company. Keefe, Bruyette & Woods boosted their price target on shares of Five Star Bancorp from $33.00 to $37.00 and gave the stock a "market perform" rating in a report on Wednesday, December 4th.

Five Star Bancorp Stock Performance

NASDAQ FSBC traded down $0.25 on Wednesday, reaching $30.09. The stock had a trading volume of 30,729 shares, compared to its average volume of 47,064. The stock has a market cap of $641.49 million, a P/E ratio of 13.20 and a beta of 0.45. The business's 50-day moving average price is $31.92 and its 200 day moving average price is $29.14. Five Star Bancorp has a 12-month low of $21.10 and a 12-month high of $35.13.

Five Star Bancorp (NASDAQ:FSBC - Get Free Report) last posted its quarterly earnings data on Monday, October 28th. The company reported $0.52 earnings per share for the quarter, missing analysts' consensus estimates of $0.54 by ($0.02). Five Star Bancorp had a return on equity of 12.80% and a net margin of 21.35%. The company had revenue of $54.05 million for the quarter. During the same period last year, the firm earned $0.64 earnings per share. On average, sell-side analysts predict that Five Star Bancorp will post 2.19 earnings per share for the current year.

Five Star Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, November 12th. Shareholders of record on Monday, November 4th were issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 2.66%. The ex-dividend date was Monday, November 4th. Five Star Bancorp's dividend payout ratio (DPR) is currently 35.09%.

Five Star Bancorp Company 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.