6,247 Shares in FS Bancorp, Inc. (NASDAQ:FSBW) Bought by Bailard Inc.

Bailard Inc. purchased a new stake in FS Bancorp, Inc. (NASDAQ:FSBW) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 6,247 shares of the bank’s stock, valued at approximately $257,000.

Other hedge funds have also recently made changes to their positions in the company. Jane Street Group LLC lifted its holdings in FS Bancorp by 43.9% during the 3rd quarter. Jane Street Group LLC now owns 8,784 shares of the bank’s stock worth $391,000 after buying an additional 2,678 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of FS Bancorp by 216.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 18,027 shares of the bank’s stock valued at $802,000 after purchasing an additional 12,322 shares during the period. State Street Corp boosted its position in shares of FS Bancorp by 4.9% during the 3rd quarter. State Street Corp now owns 113,851 shares of the bank’s stock valued at $5,065,000 after purchasing an additional 5,313 shares in the last quarter. Barclays PLC boosted its position in shares of FS Bancorp by 30.0% during the 3rd quarter. Barclays PLC now owns 27,418 shares of the bank’s stock valued at $1,220,000 after purchasing an additional 6,331 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in FS Bancorp by 1.5% during the third quarter. Geode Capital Management LLC now owns 154,911 shares of the bank’s stock worth $6,894,000 after purchasing an additional 2,215 shares during the period. 63.88% of the stock is owned by institutional investors and hedge funds.

FS Bancorp Stock Performance

Shares of FSBW stock opened at $37.56 on Thursday. The company has a quick ratio of 1.04, a current ratio of 1.06 and a debt-to-equity ratio of 0.74. FS Bancorp, Inc. has a 52 week low of $30.64 and a 52 week high of $49.15. The firm has a 50 day moving average of $40.04 and a 200-day moving average of $42.95. The company has a market cap of $293.61 million, a price-to-earnings ratio of 8.54 and a beta of 0.92.

FS Bancorp (NASDAQ:FSBW) last announced its quarterly earnings results on Tuesday, January 21st. The bank reported $0.92 earnings per share (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 analysts forecast 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 was paid on Thursday, February 20th. Shareholders of record on Thursday, February 6th were issued a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a yield of 2.98%. This is an increase from FS Bancorp’s previous quarterly dividend of $0.27. The ex-dividend date was Thursday, February 6th. FS Bancorp’s payout ratio is currently 25.45%.

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.