LSV Asset Management Reduces Position in FS Bancorp, Inc. (NASDAQ:FSBW)

LSV Asset Management cut its holdings in shares of FS Bancorp, Inc. (NASDAQ:FSBW - Free Report) by 26.8% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 23,000 shares of the bank's stock after selling 8,400 shares during the period. LSV Asset Management owned 0.29% of FS Bancorp worth $944,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. SG Americas Securities LLC lifted its holdings in FS Bancorp by 18.6% during the fourth quarter. SG Americas Securities LLC now owns 2,756 shares of the bank's stock worth $113,000 after buying an additional 433 shares during the period. Wells Fargo & Company MN raised its position in shares of FS Bancorp by 27.8% in the 4th quarter. Wells Fargo & Company MN now owns 3,909 shares of the bank's stock worth $161,000 after acquiring an additional 851 shares in the last quarter. Bailard Inc. purchased a new stake in shares of FS Bancorp during the 4th quarter worth $257,000. Jane Street Group LLC boosted its position 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 in the last quarter. Finally, Angel Oak Capital Advisors LLC purchased a new position in FS Bancorp in the fourth quarter valued at about $739,000. 63.88% of the stock is owned by hedge funds and other institutional investors.

FS Bancorp Stock Down 0.3 %

FS Bancorp stock traded down $0.11 during trading hours on Friday, reaching $38.18. The stock had a trading volume of 14,942 shares, compared to its average volume of 16,616. FS Bancorp, Inc. has a 52 week low of $30.80 and a 52 week high of $49.15. The company has a market cap of $296.12 million, a price-to-earnings ratio of 8.68 and a beta of 0.78. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.06 and a quick ratio of 1.04. The business's 50 day moving average price is $37.86 and its 200-day moving average price is $41.46.

FS Bancorp (NASDAQ:FSBW - Get Free Report) last posted its earnings results on Tuesday, January 21st. The bank reported $0.92 EPS for the quarter, missing analysts' consensus estimates of $1.04 by ($0.12). FS Bancorp had a net margin of 16.97% and a return on equity of 12.35%. Sell-side analysts anticipate that FS Bancorp, Inc. will post 4.26 EPS for the current year.

FS Bancorp Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 20th. Stockholders of record on Thursday, February 6th were given a $0.28 dividend. This is a boost from FS Bancorp's previous quarterly dividend of $0.27. The ex-dividend date of this dividend was Thursday, February 6th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.93%. FS Bancorp's dividend payout ratio (DPR) is presently 25.45%.

FS Bancorp 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.