First Us Bancsh (NASDAQ:FUSB) Stock Crosses Above Two Hundred Day Moving Average – Here’s What Happened

First Us Bancsh (NASDAQ:FUSB)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $15.30 and traded as high as $16.99. First Us Bancsh shares last traded at $16.7440, with a volume of 3,712 shares.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “hold (c)” rating on shares of First Us Bancsh in a research report on Tuesday, April 21st. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

First Us Bancsh Stock Performance

The firm has a fifty day moving average of $16.18 and a 200 day moving average of $15.30. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.89 and a quick ratio of 0.89. The stock has a market capitalization of $93.26 million, a price-to-earnings ratio of 16.10 and a beta of 0.22.

First Us Bancsh (NASDAQ:FUSB) last announced its quarterly earnings results on Wednesday, April 29th. The financial services provider reported $0.33 earnings per share (EPS) for the quarter. First Us Bancsh had a return on equity of 5.92% and a net margin of 9.65%.The company had revenue of $19.27 million during the quarter.

First Us Bancsh Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Investors of record on Friday, June 12th were paid a $0.07 dividend. 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 payout ratio is currently 26.92%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Geode Capital Management LLC raised its position in shares of First Us Bancsh by 3.1% in the fourth quarter. Geode Capital Management LLC now owns 58,757 shares of the financial services provider’s stock worth $821,000 after acquiring an additional 1,793 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of First Us Bancsh by 2.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 33,060 shares of the financial services provider’s stock worth $506,000 after acquiring an additional 720 shares in the last quarter. Bank of America Corp DE increased its stake in shares of First Us Bancsh by 37.3% in the 3rd quarter. Bank of America Corp DE now owns 16,056 shares of the financial services provider’s stock valued at $193,000 after purchasing an additional 4,365 shares in the last quarter. Marble Wealth LLC acquired a new position in First Us Bancsh in the 4th quarter worth about $214,000. Finally, Daytona Street Capital LLC acquired a new position in First Us Bancsh in the 4th quarter worth about $169,000. Hedge funds and other institutional investors own 18.74% of the company’s stock.

First Us Bancsh Company Profile

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.