FS Bancorp, Inc. (NASDAQ:FSBW) Shares Sold by Globeflex Capital L P

Globeflex Capital L P lessened its stake in shares of FS Bancorp, Inc. (NASDAQ:FSBW) by 78.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,349 shares of the bank’s stock after selling 4,923 shares during the quarter. Globeflex Capital L P’s holdings in FS Bancorp were worth $55,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Jane Street Group LLC lifted its stake in shares of FS Bancorp by 43.9% in the third quarter. Jane Street Group LLC now owns 8,784 shares of the bank’s stock worth $391,000 after acquiring an additional 2,678 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of FS Bancorp by 216.0% in the third quarter. JPMorgan Chase & Co. now owns 18,027 shares of the bank’s stock worth $802,000 after acquiring an additional 12,322 shares in the last quarter. State Street Corp lifted its stake in shares of FS Bancorp by 4.9% in the third quarter. State Street Corp now owns 113,851 shares of the bank’s stock worth $5,065,000 after acquiring an additional 5,313 shares in the last quarter. Barclays PLC lifted its stake in shares of FS Bancorp by 30.0% in the third quarter. Barclays PLC now owns 27,418 shares of the bank’s stock worth $1,220,000 after acquiring an additional 6,331 shares in the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of 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 acquiring an additional 2,215 shares in the last quarter. Institutional investors and hedge funds own 63.88% of the company’s stock.

FS Bancorp Trading Up 1.5 %

NASDAQ:FSBW opened at $36.76 on Friday. 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, Inc. has a one year low of $30.64 and a one year high of $49.15. The business’s 50-day simple moving average is $39.45 and its 200 day simple moving average is $42.63. The stock has a market cap of $287.35 million, a price-to-earnings ratio of 8.35 and a beta of 0.92.

FS Bancorp (NASDAQ:FSBW) last released 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%. As a group, sell-side analysts predict that FS Bancorp, Inc. will post 4.26 earnings per share for the current fiscal 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 paid a dividend of $0.28 per share. The ex-dividend date of this dividend was Thursday, February 6th. This represents a $1.12 annualized dividend and a yield of 3.05%. This is a boost from FS Bancorp’s previous quarterly dividend of $0.27. FS Bancorp’s dividend payout ratio is presently 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.