First Us Bancsh (NASDAQ:FUSB) Director Staci Pierce Acquires 619 Shares

First Us Bancsh (NASDAQ:FUSB) Director Staci Pierce acquired 619 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The shares were purchased at an average cost of $16.48 per share, for a total transaction of $10,201.12. Following the completion of the acquisition, the director directly owned 10,605 shares in the company, valued at approximately $174,770.40. This represents a 6.20% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Staci Pierce also recently made the following trade(s):

• On Monday, August 3rd, Staci Pierce bought 136 shares of First Us Bancsh stock. The shares were purchased at an average price of $16.53 per share, with a total value of $2,248.08.

First Us Bancsh Trading Up 3.2%

FUSB stock opened at $16.68 on Thursday. The firm has a fifty day moving average price of $16.45 and a 200 day moving average price of $15.77. First Us Bancsh has a fifty-two week low of $10.30 and a fifty-two week high of $16.99. The firm has a market cap of $92.91 million, a PE ratio of 12.64 and a beta of 0.22. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.89 and a current ratio of 0.89.

First Us Bancsh (NASDAQ:FUSB) last released its quarterly earnings results on Wednesday, July 29th. The financial services provider reported $0.31 earnings per share (EPS) for the quarter. First Us Bancsh had a net margin of 12.10% and a return on equity of 7.40%. The company had revenue of $20.32 million for the quarter.

First Us Bancsh Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Friday, June 12th were given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Friday, June 12th. First Us Bancsh’s dividend payout ratio is currently 21.21%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in FUSB. Geode Capital Management LLC grew its stake in First Us Bancsh by 2.8% in the 2nd quarter. Geode Capital Management LLC now owns 56,964 shares of the financial services provider’s stock worth $735,000 after acquiring an additional 1,526 shares in the last quarter. Bank of America Corp DE raised its stake in shares of First Us Bancsh by 37.3% during the third quarter. Bank of America Corp DE now owns 16,056 shares of the financial services provider’s stock valued at $193,000 after acquiring an additional 4,365 shares in the last quarter. Daytona Street Capital LLC purchased a new stake in shares of First Us Bancsh in the fourth quarter valued at approximately $169,000. EverSource Wealth Advisors LLC boosted its holdings in shares of First Us Bancsh by 129.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 4,966 shares of the financial services provider’s stock valued at $69,000 after purchasing an additional 2,805 shares during the period. Finally, Marble Wealth LLC bought a new position in First Us Bancsh in the fourth quarter worth approximately $214,000. Hedge funds and other institutional investors own 18.74% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of First Us Bancsh in a research report on Friday, July 17th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

About First Us Bancsh

First US Bancshares, Inc is the bank holding company for First US Bank, a community-focused financial institution established in 2006 and headquartered in Brookfield, Wisconsin. Through its subsidiary, the company delivers a comprehensive suite of banking products and services designed to meet the needs of individuals, small to midsize businesses, and public sector entities across Southeastern and Northeastern Wisconsin.

The firm’s core offerings include commercial lending, treasury management, deposit products and residential mortgage financing.