FS Bancorp (NASDAQ:FSBW) Stock Crosses Below 200-Day Moving Average - What's Next?

FS Bancorp, Inc. (NASDAQ:FSBW - Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $43.01 and traded as low as $38.57. FS Bancorp shares last traded at $39.03, with a volume of 11,663 shares traded.

FS Bancorp Stock Performance

The company's 50-day moving average price is $40.04 and its 200 day moving average price is $42.95. The stock has a market capitalization of $295.95 million, a PE ratio of 8.60 and a beta of 0.92. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.04 and a current ratio of 1.06.

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

FS Bancorp Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 20th. Shareholders of record on Thursday, February 6th were issued a $0.28 dividend. This is an increase from FS Bancorp's previous quarterly dividend of $0.27. The ex-dividend date was Thursday, February 6th. This represents a $1.12 dividend on an annualized basis and a yield of 2.96%. FS Bancorp's dividend payout ratio is 25.45%.

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Institutional Trading of FS Bancorp

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Empowered Funds LLC increased its stake in shares of FS Bancorp by 5.3% during the third quarter. Empowered Funds LLC now owns 34,519 shares of the bank's stock valued at $1,536,000 after purchasing an additional 1,742 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its position in FS Bancorp by 92.6% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 14,191 shares of the bank's stock valued at $631,000 after buying an additional 6,823 shares in the last quarter. Advisors Asset Management Inc. raised its stake in FS Bancorp by 165.1% during the third quarter. Advisors Asset Management Inc. now owns 4,146 shares of the bank's stock valued at $184,000 after buying an additional 2,582 shares during the last quarter. De Lisle Partners LLP boosted its holdings in FS Bancorp by 34.0% in the third quarter. De Lisle Partners LLP now owns 358,765 shares of the bank's stock worth $15,982,000 after acquiring an additional 91,123 shares in the last quarter. Finally, HighTower Advisors LLC grew its stake in shares of FS Bancorp by 2.0% in the third quarter. HighTower Advisors LLC now owns 30,076 shares of the bank's stock worth $1,339,000 after acquiring an additional 597 shares during the last quarter. 63.88% of the stock is owned by hedge funds and other institutional investors.

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.