Five Star Bancorp (NASDAQ:FSBC - Get Free Report) Director Donna Lucas acquired 2,650 shares of Five Star Bancorp stock in a transaction that occurred on Thursday, March 13th. The shares were purchased at an average price of $28.43 per share, with a total value of $75,339.50. Following the purchase, the director now owns 12,076 shares in the company, valued at $343,320.68. This represents a 28.11 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Five Star Bancorp Stock Performance
Shares of NASDAQ:FSBC traded up $0.21 during trading hours on Tuesday, hitting $28.28. 68,415 shares of the company's stock traded hands, compared to its average volume of 51,407. Five Star Bancorp has a 52 week low of $21.10 and a 52 week high of $35.13. The company's fifty day simple moving average is $30.13 and its two-hundred day simple moving average is $30.56. The company has a market cap of $603.08 million, a price-to-earnings ratio of 12.41 and a beta of 0.48.
Five Star Bancorp (NASDAQ:FSBC - Get Free Report) last released its quarterly earnings results on Monday, January 27th. The company reported $0.63 EPS for the quarter, beating analysts' consensus estimates of $0.59 by $0.04. Five Star Bancorp had a net margin of 21.40% and a return on equity of 12.89%. On average, analysts anticipate that Five Star Bancorp will post 2.63 EPS for the current fiscal year.
Five Star Bancorp Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Monday, February 10th. Investors of record on Monday, February 3rd were given a $0.20 dividend. The ex-dividend date was Monday, February 3rd. This represents a $0.80 annualized dividend and a dividend yield of 2.83%. Five Star Bancorp's dividend payout ratio is presently 35.09%.
Institutional Investors Weigh In On Five Star Bancorp
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Five Star Bancorp by 6.3% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,514 shares of the company's stock valued at $286,000 after acquiring an additional 564 shares during the period. MetLife Investment Management LLC grew its position in Five Star Bancorp by 8.9% in the fourth quarter. MetLife Investment Management LLC now owns 10,030 shares of the company's stock valued at $302,000 after acquiring an additional 822 shares during the last quarter. SG Americas Securities LLC grew its position in Five Star Bancorp by 18.7% in the fourth quarter. SG Americas Securities LLC now owns 7,261 shares of the company's stock valued at $218,000 after acquiring an additional 1,143 shares during the last quarter. Public Employees Retirement System of Ohio grew its position in Five Star Bancorp by 91.5% in the fourth quarter. Public Employees Retirement System of Ohio now owns 2,987 shares of the company's stock valued at $90,000 after acquiring an additional 1,427 shares during the last quarter. Finally, PDT Partners LLC grew its position in Five Star Bancorp by 22.4% in the fourth quarter. PDT Partners LLC now owns 10,049 shares of the company's stock valued at $302,000 after acquiring an additional 1,840 shares during the last quarter. Institutional investors own 46.94% of the company's stock.
Analyst Ratings Changes
A number of brokerages recently issued reports on FSBC. Stephens reissued an "overweight" rating and issued a $37.00 price objective on shares of Five Star Bancorp in a report on Tuesday, January 28th. Keefe, Bruyette & Woods lowered their target price on shares of Five Star Bancorp from $37.00 to $35.00 and set a "market perform" rating on the stock in a report on Thursday, January 30th. DA Davidson reissued a "buy" rating and set a $38.50 price objective on shares of Five Star Bancorp in a report on Thursday, January 30th. Finally, Raymond James reissued an "outperform" rating and set a $35.00 price objective (down previously from $38.00) on shares of Five Star Bancorp in a report on Wednesday, January 29th.
Check Out Our Latest Analysis on FSBC
Five Star Bancorp Company Profile
(
Get Free Report)
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.
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