FS Bancorp, Inc. (NASDAQ:FSBW) Shares Bought by Connor Clark & Lunn Investment Management Ltd.

Connor Clark & Lunn Investment Management Ltd. increased its holdings in shares of FS Bancorp, Inc. (NASDAQ:FSBW - Free Report) by 47.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 20,995 shares of the bank's stock after purchasing an additional 6,804 shares during the period. Connor Clark & Lunn Investment Management Ltd. owned 0.27% of FS Bancorp worth $862,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. SG Americas Securities LLC boosted its position in FS Bancorp by 18.6% during the 4th quarter. SG Americas Securities LLC now owns 2,756 shares of the bank's stock valued at $113,000 after acquiring an additional 433 shares in the last quarter. HighTower Advisors LLC lifted its stake in shares of FS Bancorp by 2.0% during the 3rd quarter. HighTower Advisors LLC now owns 30,076 shares of the bank's stock worth $1,339,000 after purchasing an additional 597 shares during the last quarter. Empowered Funds LLC boosted its position in FS Bancorp by 4.9% during the fourth quarter. Empowered Funds LLC now owns 36,211 shares of the bank's stock valued at $1,487,000 after purchasing an additional 1,692 shares in the last quarter. Bank of New York Mellon Corp grew its stake in FS Bancorp by 3.0% in the fourth quarter. Bank of New York Mellon Corp now owns 57,722 shares of the bank's stock valued at $2,370,000 after purchasing an additional 1,700 shares during the last quarter. Finally, Geode Capital Management LLC grew its stake in FS Bancorp by 1.5% in the third quarter. Geode Capital Management LLC now owns 154,911 shares of the bank's stock valued at $6,894,000 after purchasing an additional 2,215 shares during the last quarter. 63.88% of the stock is owned by hedge funds and other institutional investors.

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FS Bancorp Stock Down 0.9 %

Shares of FSBW stock traded down $0.34 during mid-day trading on Tuesday, hitting $37.59. 16,341 shares of the stock traded hands, compared to its average volume of 15,253. FS Bancorp, Inc. has a 52-week low of $30.64 and a 52-week high of $49.15. The stock has a market cap of $291.81 million, a P/E ratio of 8.54 and a beta of 0.92. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.06 and a quick ratio of 1.04. The stock's fifty day moving average is $39.12 and its two-hundred day moving average is $42.36.

FS Bancorp (NASDAQ:FSBW - Get Free Report) last announced its earnings results on Tuesday, January 21st. The bank reported $0.92 earnings per share for the quarter, missing the consensus estimate of $1.04 by ($0.12). FS Bancorp had a net margin of 16.97% and a return on equity of 12.35%. Equities analysts predict that FS Bancorp, Inc. will post 4.26 EPS for the current year.

FS Bancorp Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 20th. Investors of record on Thursday, February 6th were paid a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a yield of 2.98%. This is an increase from FS Bancorp's previous quarterly dividend of $0.27. The ex-dividend date was Thursday, February 6th. FS Bancorp's payout ratio is 25.45%.

About FS Bancorp

FS Bancorp, Inc operates as a bank holding company for 1st Security Bank of Washington that provides banking and financial services to local families, local and regional businesses, and industry niches. The company operates in two segments, Commercial and Consumer Banking; and Home Lending. It offers various deposit instruments, including checking accounts, money market deposit accounts, savings accounts, and certificates of deposit.