First US Bancshares (NASDAQ:FUSB) Shares Pass Below 200-Day Moving Average - Here's What Happened

First US Bancshares, Inc. (NASDAQ:FUSB - Get Free Report)'s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $12.72 and traded as low as $12.60. First US Bancshares shares last traded at $12.91, with a volume of 40,126 shares changing hands.

First US Bancshares Stock Performance

The stock's 50-day moving average price is $13.25 and its 200-day moving average price is $12.74. The company has a market capitalization of $74.78 million, a price-to-earnings ratio of 9.77 and a beta of 0.59. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.91 and a current ratio of 0.91.

First US Bancshares (NASDAQ:FUSB - Get Free Report) last posted its earnings results on Monday, January 27th. The financial services provider reported $0.29 earnings per share for the quarter. First US Bancshares had a net margin of 13.21% and a return on equity of 8.61%.

First US Bancshares Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Friday, March 14th were given a dividend of $0.07 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.28 dividend on an annualized basis and a yield of 2.15%. First US Bancshares's dividend payout ratio (DPR) is currently 21.05%.

Hedge Funds Weigh In On First US Bancshares

Several institutional investors have recently added to or reduced their stakes in FUSB. Dimensional Fund Advisors LP grew its stake in shares of First US Bancshares by 11.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 31,761 shares of the financial services provider's stock valued at $398,000 after buying an additional 3,176 shares during the period. Geode Capital Management LLC grew its stake in First US Bancshares by 13.6% during the 3rd quarter. Geode Capital Management LLC now owns 52,713 shares of the financial services provider's stock valued at $611,000 after purchasing an additional 6,325 shares in the last quarter. Northern Trust Corp increased its stake in shares of First US Bancshares by 54.5% in the fourth quarter. Northern Trust Corp now owns 24,644 shares of the financial services provider's stock worth $310,000 after buying an additional 8,690 shares during the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in shares of First US Bancshares in the 3rd quarter worth about $125,000. 18.74% of the stock is currently owned by institutional investors and hedge funds.

First US Bancshares Company Profile

First US Bancshares, Inc operates as the bank holding company for First US Bank that provides commercial banking products and services. The company offers non-interest-bearing demand deposits, savings accounts, NOW accounts, money market demand accounts, individual retirement accounts, and time deposits.