First US Bancshares (NASDAQ:FUSB) Stock Passes Below 200-Day Moving Average – Time to Sell?

Shares of First US Bancshares, Inc. (NASDAQ:FUSB) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $12.72 and traded as low as $12.60. First US Bancshares shares last traded at $12.91, with a volume of 40,126 shares.

First US Bancshares Stock Down 0.7 %

The stock has a market cap of $73.63 million, a P/E ratio of 9.62 and a beta of 0.59. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.11. The stock’s 50-day moving average is $13.25 and its 200-day moving average is $12.73.

First US Bancshares (NASDAQ:FUSB) last posted its quarterly earnings data on Monday, January 27th. The financial services provider reported $0.29 earnings per share (EPS) for the quarter. First US Bancshares had a net margin of 13.21% and a return on equity of 8.61%.

First US Bancshares Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th were given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 2.19%. The ex-dividend date was Friday, March 14th. First US Bancshares’s dividend payout ratio (DPR) is presently 21.05%.

Institutional Trading of First US Bancshares

A number of hedge funds and other institutional investors have recently modified their holdings of FUSB. Sanctuary Advisors LLC acquired a new position in First US Bancshares during the third quarter worth about $125,000. Northern Trust Corp boosted its position in shares of First US Bancshares by 54.5% during the 4th quarter. Northern Trust Corp now owns 24,644 shares of the financial services provider’s stock valued at $310,000 after purchasing an additional 8,690 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of First US Bancshares by 11.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 31,761 shares of the financial services provider’s stock worth $398,000 after purchasing an additional 3,176 shares during the last quarter. Finally, Geode Capital Management LLC raised its holdings in shares of First US Bancshares by 13.6% in the 3rd quarter. Geode Capital Management LLC now owns 52,713 shares of the financial services provider’s stock worth $611,000 after purchasing an additional 6,325 shares in the last quarter. Institutional investors own 18.74% of the company’s stock.

About First US Bancshares

First US Bancshares, Inc operates as the bank holding company for First US Bank that provides commercial banking products and services. The company offers non-interest-bearing demand deposits, savings accounts, NOW accounts, money market demand accounts, individual retirement accounts, and time deposits.