FS Bancorp (NASDAQ:FSBW) Shares Pass Below Two Hundred Day Moving Average - What's Next?

FS Bancorp, Inc. (NASDAQ:FSBW - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $43.33 and traded as low as $40.90. FS Bancorp shares last traded at $41.40, with a volume of 12,160 shares trading hands.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of FS Bancorp from a "buy" rating to a "hold" rating in a research note on Wednesday, October 23rd.

FS Bancorp Stock Down 2.2 %

The business has a fifty day moving average price of $42.04 and a two-hundred day moving average price of $43.32. The company has a current ratio of 1.06, a quick ratio of 1.04 and a debt-to-equity ratio of 0.74. The company has a market cap of $313.03 million, a price-to-earnings ratio of 9.10 and a beta of 0.95.

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

FS Bancorp Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 20th. Investors of record on Thursday, February 6th will be given a dividend of $0.28 per share. This is a boost from FS Bancorp's previous quarterly dividend of $0.27. The ex-dividend date is Thursday, February 6th. This represents a $1.12 dividend on an annualized basis and a yield of 2.80%. FS Bancorp's dividend payout ratio (DPR) is presently 25.45%.

Institutional Investors Weigh In On FS Bancorp

Hedge funds and other institutional investors have recently made changes to their positions in the company. Copeland Capital Management LLC acquired a new stake in shares of FS Bancorp in the third quarter worth about $62,000. SG Americas Securities LLC bought a new position in shares of FS Bancorp in the 3rd quarter valued at approximately $103,000. Advisors Asset Management Inc. lifted its holdings in FS Bancorp by 165.1% in the 3rd quarter. Advisors Asset Management Inc. now owns 4,146 shares of the bank's stock worth $184,000 after purchasing an additional 2,582 shares during the last quarter. Bailard Inc. acquired a new position in FS Bancorp during the fourth quarter valued at approximately $257,000. Finally, Jane Street Group LLC grew its holdings in FS Bancorp by 43.9% during the third quarter. Jane Street Group LLC now owns 8,784 shares of the bank's stock valued at $391,000 after purchasing an additional 2,678 shares during the last quarter. 63.88% of the stock is owned by hedge funds and other institutional investors.

FS Bancorp Company Profile

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.