Barclays PLC raised its stake in RBB Bancorp (NASDAQ:RBB - Free Report) by 285.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,477 shares of the company's stock after acquiring an additional 15,907 shares during the quarter. Barclays PLC owned about 0.12% of RBB Bancorp worth $495,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors also recently modified their holdings of the company. Rhumbline Advisers lifted its stake in shares of RBB Bancorp by 3.9% during the second quarter. Rhumbline Advisers now owns 25,076 shares of the company's stock valued at $472,000 after acquiring an additional 932 shares during the period. American Century Companies Inc. lifted its position in RBB Bancorp by 21.9% during the 2nd quarter. American Century Companies Inc. now owns 248,501 shares of the company's stock valued at $4,674,000 after purchasing an additional 44,670 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of RBB Bancorp by 8.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 697,656 shares of the company's stock valued at $13,122,000 after purchasing an additional 53,539 shares during the last quarter. AQR Capital Management LLC acquired a new stake in shares of RBB Bancorp during the 2nd quarter worth approximately $244,000. Finally, SG Americas Securities LLC bought a new stake in shares of RBB Bancorp during the third quarter worth approximately $134,000. 40.14% of the stock is owned by institutional investors.
RBB Bancorp Trading Up 0.1 %
Shares of RBB Bancorp stock traded up $0.03 during trading on Friday, reaching $20.09. 26,100 shares of the company were exchanged, compared to its average volume of 34,116. RBB Bancorp has a twelve month low of $16.49 and a twelve month high of $25.30. The business has a 50-day moving average price of $22.29 and a 200-day moving average price of $22.26. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.66. The firm has a market capitalization of $355.39 million, a price-to-earnings ratio of 10.86 and a beta of 0.98.
RBB Bancorp (NASDAQ:RBB - Get Free Report) last issued its quarterly earnings data on Monday, October 21st. The company reported $0.39 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.38 by $0.01. The firm had revenue of $60.17 million during the quarter, compared to analysts' expectations of $28.17 million. RBB Bancorp had a net margin of 14.50% and a return on equity of 5.94%. During the same quarter in the previous year, the company earned $0.63 earnings per share. Sell-side analysts anticipate that RBB Bancorp will post 1.57 EPS for the current fiscal year.
RBB Bancorp Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 12th. Shareholders of record on Friday, January 31st will be issued a dividend of $0.16 per share. The ex-dividend date is Friday, January 31st. This represents a $0.64 annualized dividend and a yield of 3.19%. RBB Bancorp's dividend payout ratio (DPR) is currently 34.59%.
Insider Buying and Selling at RBB Bancorp
In other RBB Bancorp news, CEO David Richard Morris sold 9,000 shares of the firm's stock in a transaction that occurred on Wednesday, November 13th. The stock was sold at an average price of $24.89, for a total value of $224,010.00. Following the completion of the transaction, the chief executive officer now directly owns 37,722 shares in the company, valued at $938,900.58. This trade represents a 19.26 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Gary Fan sold 12,000 shares of the firm's stock in a transaction on Friday, December 6th. The shares were sold at an average price of $23.45, for a total transaction of $281,400.00. The disclosure for this sale can be found here. Insiders own 6.63% of the company's stock.
RBB Bancorp Profile
(
Free Report)
RBB Bancorp operates as the bank holding company for Royal Business Bank that provides various banking products and services to the Chinese-American, Korean-American, and other Asian-American communities. Its deposit products include checking, savings, and money market accounts, as well as certificates of deposit.
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