FS Bancorp (NASDAQ:FSBW) Shares Cross Below 200 Day Moving Average – Time to Sell?

FS Bancorp, Inc. (NASDAQ:FSBW)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $42.75 and traded as low as $36.05. FS Bancorp shares last traded at $36.23, with a volume of 8,865 shares.

FS Bancorp Trading Up 1.5 %

The stock has a fifty day moving average of $39.45 and a 200 day moving average of $42.65. The company has a market capitalization of $287.35 million, a P/E ratio of 8.35 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) last posted its quarterly 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%. As a group, equities research analysts anticipate that FS Bancorp, Inc. will post 4.26 EPS for the current fiscal year.

FS Bancorp Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, February 20th. Stockholders of record on Thursday, February 6th were issued a $0.28 dividend. This represents a $1.12 annualized dividend and a dividend yield of 3.05%. This is a boost from FS Bancorp’s previous quarterly dividend of $0.27. The ex-dividend date was Thursday, February 6th. FS Bancorp’s payout ratio is 25.45%.

Institutional Investors Weigh In On FS Bancorp

A number of hedge funds have recently made changes to their positions in the company. Jacobs Levy Equity Management Inc. lifted its position in shares of FS Bancorp by 2.4% in the fourth quarter. Jacobs Levy Equity Management Inc. now owns 14,993 shares of the bank’s stock worth $616,000 after buying an additional 352 shares in the last quarter. SG Americas Securities LLC increased its stake 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 acquiring an additional 433 shares during the last quarter. Two Sigma Advisers LP increased its stake in FS Bancorp by 5.4% during the fourth quarter. Two Sigma Advisers LP now owns 9,700 shares of the bank’s stock worth $398,000 after acquiring an additional 500 shares during the last quarter. HighTower Advisors LLC increased its stake in FS Bancorp by 2.0% during 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. Finally, Renaissance Technologies LLC grew its stake in shares of FS Bancorp by 0.6% during the fourth quarter. Renaissance Technologies LLC now owns 118,385 shares of the bank’s stock valued at $4,861,000 after buying an additional 685 shares during the last quarter. 63.88% of the stock is currently 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.