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

Bailard Inc. acquired a new position in FS Bancorp, Inc. (NASDAQ:FSBW) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 6,247 shares of the bank’s stock, valued at approximately $257,000. Bailard Inc. owned about 0.08% of FS Bancorp at the end of the most recent quarter.

Other hedge funds have also 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 valued at $391,000 after purchasing an additional 2,678 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in FS Bancorp by 216.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 18,027 shares of the bank’s stock worth $802,000 after acquiring an additional 12,322 shares during the period. State Street Corp grew its stake in shares of FS Bancorp by 4.9% during the third quarter. State Street Corp now owns 113,851 shares of the bank’s stock worth $5,065,000 after purchasing an additional 5,313 shares during the period. Barclays PLC raised its position in shares of FS Bancorp by 30.0% in the 3rd quarter. Barclays PLC now owns 27,418 shares of the bank’s stock valued at $1,220,000 after acquiring an additional 6,331 shares during the period. Finally, Geode Capital Management LLC raised its holdings in FS Bancorp by 1.5% in 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. Institutional investors own 63.88% of the company’s stock.

FS Bancorp Price Performance

Shares of FSBW opened at $37.56 on Thursday. The firm has a market capitalization of $293.61 million, a PE ratio of 8.54 and a beta of 0.92. FS Bancorp, Inc. has a 52-week low of $30.64 and a 52-week high of $49.15. The stock has a 50 day simple moving average of $40.04 and a 200 day simple moving average of $42.95. 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 issued its quarterly earnings results on Tuesday, January 21st. The bank reported $0.92 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%. Sell-side analysts predict that FS Bancorp, Inc. will post 4.26 EPS for the current fiscal year.

FS Bancorp Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, February 20th. Investors of record on Thursday, February 6th were issued a dividend of $0.28 per share. This is an increase from FS Bancorp’s previous quarterly dividend of $0.27. The ex-dividend date was Thursday, February 6th. This represents a $1.12 annualized dividend and a dividend yield of 2.98%. FS Bancorp’s payout ratio is presently 25.45%.

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.