Five Star Bancorp (NASDAQ:FSBC) Shares Sold by Curi RMB Capital LLC

Curi RMB Capital LLC lessened its position in Five Star Bancorp (NASDAQ:FSBC) by 61.4% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 50,000 shares of the company’s stock after selling 79,651 shares during the period. Curi RMB Capital LLC’s holdings in Five Star Bancorp were worth $1,486,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Davis Asset Management L.P. grew its stake in shares of Five Star Bancorp by 3.4% in the second quarter. Davis Asset Management L.P. now owns 1,511,500 shares of the company’s stock worth $35,747,000 after purchasing an additional 50,000 shares in the last quarter. Vanguard Group Inc. grew its position in Five Star Bancorp by 31.9% in the 1st quarter. Vanguard Group Inc. now owns 713,950 shares of the company’s stock valued at $16,064,000 after buying an additional 172,507 shares in the last quarter. Kennedy Capital Management LLC increased its stake in Five Star Bancorp by 364.2% during the 1st quarter. Kennedy Capital Management LLC now owns 190,449 shares of the company’s stock valued at $4,285,000 after buying an additional 149,424 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Five Star Bancorp by 32.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 160,558 shares of the company’s stock worth $3,797,000 after buying an additional 39,256 shares in the last quarter. Finally, Brighton Jones LLC lifted its stake in shares of Five Star Bancorp by 0.3% in the 3rd quarter. Brighton Jones LLC now owns 141,342 shares of the company’s stock worth $4,202,000 after acquiring an additional 401 shares during the period. 46.94% of the stock is owned by institutional investors and hedge funds.

Five Star Bancorp Stock Down 0.8 %

Shares of NASDAQ FSBC opened at $32.80 on Friday. Five Star Bancorp has a 52-week low of $20.34 and a 52-week high of $35.13. The stock has a market capitalization of $699.30 million, a price-to-earnings ratio of 14.39 and a beta of 0.41. The stock’s fifty day simple moving average is $30.21 and its 200 day simple moving average is $26.95.

Five Star Bancorp (NASDAQ:FSBC) last posted its quarterly earnings data on Monday, October 28th. The company reported $0.52 EPS for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.02). Five Star Bancorp had a net margin of 21.35% and a return on equity of 12.80%. The firm had revenue of $54.05 million for the quarter. During the same period in the previous year, the company earned $0.64 earnings per share. As a group, analysts anticipate that Five Star Bancorp will post 2.16 earnings per share for the current year.

Five Star Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 12th. Shareholders of record on Monday, November 4th were paid a $0.20 dividend. The ex-dividend date was Monday, November 4th. This represents a $0.80 annualized dividend and a yield of 2.44%. Five Star Bancorp’s dividend payout ratio is presently 35.09%.

Analyst Ratings Changes

FSBC has been the topic of several recent analyst reports. Keefe, Bruyette & Woods boosted their target price on Five Star Bancorp from $27.00 to $31.00 and gave the stock a “market perform” rating in a report on Friday, July 26th. DA Davidson raised their target price on Five Star Bancorp from $27.00 to $34.00 and gave the company a “buy” rating in a research note on Friday, July 26th. Finally, Stephens boosted their price target on shares of Five Star Bancorp from $29.00 to $32.00 and gave the stock an “overweight” rating in a research report on Friday, July 26th.

Insider Buying and Selling at Five Star Bancorp

In related news, SVP Michael Eugene Lee sold 1,500 shares of Five Star Bancorp stock in a transaction on Thursday, October 31st. The shares were sold at an average price of $30.67, for a total value of $46,005.00. Following the completion of the sale, the senior vice president now owns 36,765 shares of the company’s stock, valued at approximately $1,127,582.55. The trade was a 3.92 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 25.57% of the company’s stock.

Five Star Bancorp Profile

Five Star Bancorp operates as the bank holding company for Five Star Bank that provides a range of banking products and services to small and medium-sized businesses, professionals, and individuals in Northern California. It accepts various deposits, such as money market accounts, noninterest-bearing and interest checking accounts, savings accounts, term certificate accounts, and time deposits.