Five Star Bancorp (NASDAQ:FSBC) Price Target Cut to $35.00 by Analysts at Keefe, Bruyette & Woods

Five Star Bancorp (NASDAQ:FSBC - Get Free Report) had its price objective dropped by equities research analysts at Keefe, Bruyette & Woods from $37.00 to $35.00 in a note issued to investors on Thursday,Benzinga reports. The firm presently has a "market perform" rating on the stock. Keefe, Bruyette & Woods' price target points to a potential upside of 18.50% from the company's previous close.

FSBC has been the topic of a number of other reports. Raymond James reiterated an "outperform" rating and set a $35.00 target price (down from $38.00) on shares of Five Star Bancorp in a research report on Wednesday, January 29th. Stephens reaffirmed an "overweight" rating and set a $37.00 price objective on shares of Five Star Bancorp in a report on Tuesday, January 28th.

Five Star Bancorp Price Performance

Shares of FSBC traded down $0.68 on Thursday, hitting $29.54. The company's stock had a trading volume of 20,160 shares, compared to its average volume of 44,512. The company has a 50 day moving average price of $31.15 and a 200 day moving average price of $30.13. Five Star Bancorp has a fifty-two week low of $21.10 and a fifty-two week high of $35.13. The company has a market capitalization of $629.69 million, a PE ratio of 12.96 and a beta of 0.48.

Five Star Bancorp (NASDAQ:FSBC - Get Free Report) last announced its earnings results on Monday, January 27th. The company reported $0.63 EPS for the quarter, topping the consensus estimate of $0.59 by $0.04. Five Star Bancorp had a return on equity of 12.89% and a net margin of 21.40%. On average, equities analysts forecast that Five Star Bancorp will post 2.66 EPS for the current year.

Institutional Trading of Five Star Bancorp

Several institutional investors and hedge funds have recently made changes to their positions in the business. SG Americas Securities LLC grew its stake in shares of Five Star Bancorp by 18.7% during the fourth quarter. SG Americas Securities LLC now owns 7,261 shares of the company's stock worth $218,000 after purchasing an additional 1,143 shares during the period. JPMorgan Chase & Co. boosted its holdings in Five Star Bancorp by 81.5% during the third quarter. JPMorgan Chase & Co. now owns 23,489 shares of the company's stock worth $698,000 after buying an additional 10,547 shares during the last quarter. Barclays PLC grew its position in shares of Five Star Bancorp by 332.1% during the 3rd quarter. Barclays PLC now owns 25,112 shares of the company's stock worth $746,000 after buying an additional 19,301 shares during the period. Geode Capital Management LLC increased its stake in shares of Five Star Bancorp by 7.2% in the 3rd quarter. Geode Capital Management LLC now owns 377,347 shares of the company's stock valued at $11,221,000 after acquiring an additional 25,374 shares during the last quarter. Finally, State Street Corp raised its position in shares of Five Star Bancorp by 21.7% in the 3rd quarter. State Street Corp now owns 373,173 shares of the company's stock valued at $11,094,000 after acquiring an additional 66,602 shares during the period. Institutional investors own 46.94% of the company's stock.

Five Star Bancorp Company Profile

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.