Free Trial

Fifth District Savings Bank (NASDAQ:FDSB) Shares Up 0.7% - Here's What Happened

Fifth District Savings Bank logo with Finance background
Remove Ads

Shares of Fifth District Savings Bank (NASDAQ:FDSB - Get Free Report) shot up 0.7% during mid-day trading on Tuesday . The stock traded as high as $12.93 and last traded at $12.93. 3,022 shares traded hands during trading, a decline of 75% from the average session volume of 12,205 shares. The stock had previously closed at $12.84.

Fifth District Savings Bank Trading Up 0.9 %

The firm's fifty day moving average price is $12.68. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.05.

Hedge Funds Weigh In On Fifth District Savings Bank

Several institutional investors and hedge funds have recently made changes to their positions in FDSB. Beacon Pointe Advisors LLC purchased a new stake in Fifth District Savings Bank during the fourth quarter valued at about $139,000. Stilwell Value LLC boosted its holdings in Fifth District Savings Bank by 87.7% during the 4th quarter. Stilwell Value LLC now owns 80,000 shares of the company's stock valued at $1,010,000 after acquiring an additional 37,368 shares during the period. Orleans Capital Management Corp LA bought a new position in Fifth District Savings Bank during the 4th quarter worth approximately $129,000. Geode Capital Management LLC increased its stake in Fifth District Savings Bank by 1.9% in the 4th quarter. Geode Capital Management LLC now owns 48,333 shares of the company's stock worth $612,000 after purchasing an additional 891 shares during the period. Finally, Alliancebernstein L.P. lifted its position in Fifth District Savings Bank by 21.9% in the fourth quarter. Alliancebernstein L.P. now owns 25,578 shares of the company's stock valued at $323,000 after purchasing an additional 4,588 shares during the last quarter.

Remove Ads

Fifth District Savings Bank Company Profile

(Get Free Report)

Fifth District Bancorp, Inc is the holding company for Fifth District Savings Bank which provide all banking services. Fifth District Bancorp, Inc is based in NEW ORLEANS.

Featured Articles

Should You Invest $1,000 in Fifth District Savings Bank Right Now?

Before you consider Fifth District Savings Bank, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Fifth District Savings Bank wasn't on the list.

While Fifth District Savings Bank currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Recent Videos

Is There Still Money in AI? How to Invest in the Next Big Wave
AMD at Rock Bottom? Analysts Predict a MAJOR Rebound!
Massive Buybacks: 3 Stocks Insiders Are Buying Up

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads