First US Bancshares, Inc. (NASDAQ:FUSB - Get Free Report) Director John Lee Mcphearson bought 1,500 shares of the company's stock in a transaction that occurred on Friday, February 28th. The stock was purchased at an average price of $8.23 per share, for a total transaction of $12,345.00. Following the transaction, the director now owns 1,500 shares of the company's stock, valued at $12,345. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link.
First US Bancshares Stock Performance
NASDAQ FUSB traded up $0.11 during trading hours on Tuesday, reaching $13.64. The stock had a trading volume of 4,377 shares, compared to its average volume of 4,541. The stock has a fifty day moving average of $12.89 and a 200 day moving average of $12.23. The stock has a market cap of $77.94 million, a P/E ratio of 10.25 and a beta of 0.94. First US Bancshares, Inc. has a 52-week low of $8.66 and a 52-week high of $14.30. 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 issued its earnings results on Monday, January 27th. The financial services provider reported $0.29 EPS for the quarter. First US Bancshares had a return on equity of 8.61% and a net margin of 13.21%.
First US Bancshares Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be given a $0.07 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.28 annualized dividend and a yield of 2.05%. First US Bancshares's dividend payout ratio is presently 21.05%.
Institutional Investors Weigh In On First US Bancshares
Several hedge funds have recently bought and sold shares of FUSB. Geode Capital Management LLC boosted its position in First US Bancshares by 13.6% in the 3rd quarter. Geode Capital Management LLC now owns 52,713 shares of the financial services provider's stock worth $611,000 after purchasing an additional 6,325 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in shares of First US Bancshares during the 3rd quarter valued at approximately $125,000. Dimensional Fund Advisors LP lifted its position 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 in the last quarter. Finally, Northern Trust Corp lifted its position in shares of First US Bancshares by 54.5% during the 4th quarter. Northern Trust Corp now owns 24,644 shares of the financial services provider's stock valued at $310,000 after buying an additional 8,690 shares in the last quarter. Hedge funds and other institutional investors own 18.74% of the company's stock.
First US Bancshares Company Profile
(
Get Free Report)
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.
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