FB Bancorp (NASDAQ:FBLA) Upgraded by Wall Street Zen to “Hold” Rating

Wall Street Zen upgraded shares of FB Bancorp (NASDAQ:FBLA) from a sell rating to a hold rating in a research report released on Saturday.

Separately, Weiss Ratings raised FB Bancorp from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

FB Bancorp Price Performance

Shares of FBLA stock opened at $15.66 on Friday. The firm’s 50 day moving average price is $15.13 and its two-hundred day moving average price is $14.17. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.94 and a current ratio of 0.94. FB Bancorp has a 52-week low of $11.36 and a 52-week high of $15.98. The stock has a market cap of $253.07 million, a PE ratio of -1,564.44 and a beta of -0.08.

FB Bancorp (NASDAQ:FBLA) last issued its earnings results on Tuesday, July 28th. The company reported $0.05 EPS for the quarter. The company had revenue of $14.14 million during the quarter. FB Bancorp had a negative net margin of 0.36% and a positive return on equity of 0.88%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of FBLA. Odyssean LLC bought a new stake in FB Bancorp in the second quarter valued at approximately $286,000. Raffles Associates LP bought a new position in shares of FB Bancorp during the second quarter worth $1,462,000. Northwestern Mutual Wealth Management Co. bought a new position in shares of FB Bancorp during the second quarter worth $452,000. BlackRock Inc. acquired a new position in shares of FB Bancorp in the 2nd quarter valued at $18,940,000. Finally, Deutsche Bank AG acquired a new position in shares of FB Bancorp in the 2nd quarter valued at $211,000.

FB Bancorp Company Profile

FB Bancorp Inc operates as a bank holding company for Fidelity Bank. The Company, through its subsidiaries, provides deposit accounts, mortgages, home equity and consumer loans, credit and debit cards, online and mobile banking, investments and other financial services. FB Bancorp Inc is based in New Orleans.