FS Bancorp, Inc. (NASDAQ:FSBW) Shares Bought by TCW Group Inc.

TCW Group Inc. boosted its holdings in shares of FS Bancorp, Inc. (NASDAQ:FSBWFree Report) by 0.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 284,519 shares of the bank’s stock after purchasing an additional 2,540 shares during the period. TCW Group Inc. owned about 3.65% of FS Bancorp worth $10,516,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FSBW. Allspring Global Investments Holdings LLC acquired a new position in shares of FS Bancorp in the third quarter worth about $46,000. SG Americas Securities LLC acquired a new position in shares of FS Bancorp during the 4th quarter worth about $119,000. O Shaughnessy Asset Management LLC raised its position in shares of FS Bancorp by 5.2% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 7,862 shares of the bank’s stock worth $232,000 after purchasing an additional 389 shares during the last quarter. BNP Paribas Financial Markets raised its position in shares of FS Bancorp by 45.2% during the 4th quarter. BNP Paribas Financial Markets now owns 10,120 shares of the bank’s stock worth $374,000 after purchasing an additional 3,152 shares during the last quarter. Finally, Panagora Asset Management Inc. raised its position in shares of FS Bancorp by 69.7% during the 3rd quarter. Panagora Asset Management Inc. now owns 14,902 shares of the bank’s stock worth $440,000 after purchasing an additional 6,121 shares during the last quarter. 63.88% of the stock is currently owned by institutional investors and hedge funds.

FS Bancorp Price Performance

NASDAQ FSBW traded up $0.02 during trading hours on Friday, hitting $32.68. 1,407 shares of the company’s stock traded hands, compared to its average volume of 11,383. FS Bancorp, Inc. has a 52-week low of $28.07 and a 52-week high of $38.70. The company has a market capitalization of $254.77 million, a PE ratio of 7.13 and a beta of 0.95. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.03 and a quick ratio of 1.01. The firm’s 50-day moving average is $32.65 and its 200-day moving average is $33.51.

FS Bancorp (NASDAQ:FSBWGet Free Report) last posted its quarterly earnings results on Wednesday, April 24th. The bank reported $1.06 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.08. FS Bancorp had a net margin of 18.69% and a return on equity of 14.17%. The business had revenue of $35.46 million during the quarter, compared to analysts’ expectations of $34.05 million. Equities analysts forecast that FS Bancorp, Inc. will post 4.21 EPS for the current fiscal year.

FS Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, May 23rd. Stockholders of record on Thursday, May 9th were paid a $0.26 dividend. The ex-dividend date of this dividend was Wednesday, May 8th. This represents a $1.04 annualized dividend and a dividend yield of 3.18%. FS Bancorp’s dividend payout ratio (DPR) is 22.71%.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of FS Bancorp from a “buy” rating to a “hold” rating in a research report on Wednesday, May 1st.

Read Our Latest Analysis on FS Bancorp

FS Bancorp Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for FS Bancorp (NASDAQ:FSBW)

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