FS Bancorp, Inc. (NASDAQ:FSBW) Shares Sold by Teton Advisors Inc.

Teton Advisors Inc. lowered its stake in shares of FS Bancorp, Inc. (NASDAQ:FSBW) by 19.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 26,000 shares of the bank’s stock after selling 6,116 shares during the period. Teton Advisors Inc.’s holdings in FS Bancorp were worth $1,068,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of FSBW. HighTower Advisors LLC lifted its holdings in FS Bancorp by 2.0% in the third quarter. HighTower Advisors LLC now owns 30,076 shares of the bank’s stock valued at $1,339,000 after acquiring an additional 597 shares during the period. State Street Corp increased its holdings in shares of FS Bancorp by 4.9% during the 3rd quarter. State Street Corp now owns 113,851 shares of the bank’s stock valued at $5,065,000 after purchasing an additional 5,313 shares in the last quarter. Jane Street Group LLC lifted its stake in shares of FS Bancorp by 43.9% in the 3rd quarter. Jane Street Group LLC now owns 8,784 shares of the bank’s stock valued at $391,000 after purchasing an additional 2,678 shares during the period. Barclays PLC boosted its holdings in FS Bancorp by 30.0% during the third quarter. Barclays PLC now owns 27,418 shares of the bank’s stock worth $1,220,000 after buying an additional 6,331 shares in the last quarter. Finally, Geode Capital Management LLC boosted its holdings in FS Bancorp by 1.5% during the third quarter. Geode Capital Management LLC now owns 154,911 shares of the bank’s stock worth $6,894,000 after buying an additional 2,215 shares in the last quarter. Institutional investors and hedge funds own 63.88% of the company’s stock.

FS Bancorp Stock Up 3.2 %

FSBW opened at $38.36 on Tuesday. The company has a fifty day moving average of $38.02 and a two-hundred day moving average of $41.59. The stock has a market capitalization of $297.52 million, a price-to-earnings ratio of 8.72 and a beta of 0.78. FS Bancorp, Inc. has a fifty-two week low of $30.64 and a fifty-two week high of $49.15. 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 (NASDAQ:FSBW) last issued its quarterly earnings results on Tuesday, January 21st. The bank reported $0.92 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.12). FS Bancorp had a return on equity of 12.35% and a net margin of 16.97%. On average, research analysts expect that FS Bancorp, Inc. will post 4.26 earnings per share for the current year.

FS Bancorp Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, February 20th. Investors of record on Thursday, February 6th were issued a $0.28 dividend. This represents a $1.12 annualized dividend and a yield of 2.92%. The ex-dividend date was Thursday, February 6th. This is a positive change from FS Bancorp’s previous quarterly dividend of $0.27. FS Bancorp’s 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.