Fifth District Bancorp (NASDAQ:FDSB) Director Linda Sins Sells 2,223 Shares of Company Stock

Fifth District Bancorp, Inc. (NASDAQ:FDSB) Director Linda Sins sold 2,223 shares of the stock in a transaction dated Thursday, November 12th. The stock was sold at an average price of $17.55, for a total value of $39,013.65. Following the completion of the sale, the director owned 8,895 shares of the company’s stock, valued at $156,107.25. This trade represents a 19.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Fifth District Bancorp Stock Up 0.9%

Shares of NASDAQ FDSB traded up $0.15 during mid-day trading on Friday, reaching $17.70. 2,249 shares of the company’s stock were exchanged, compared to its average volume of 2,755. The firm has a market capitalization of $92.06 million, a price-to-earnings ratio of 52.07 and a beta of 0.24. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.05. The business has a fifty day simple moving average of $17.68 and a 200 day simple moving average of $16.36. Fifth District Bancorp, Inc. has a twelve month low of $13.00 and a twelve month high of $18.69.

Fifth District Bancorp (NASDAQ:FDSB) last released its quarterly earnings data on Tuesday, November 10th. The company reported $0.07 earnings per share for the quarter. Fifth District Bancorp had a return on equity of 1.27% and a net margin of 6.83%. The business had revenue of $4.00 million for the quarter.

Hedge Funds Weigh In On Fifth District Bancorp

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Waverly Advisors LLC bought a new stake in shares of Fifth District Bancorp in the second quarter worth $856,000. BlackRock Inc. acquired a new position in Fifth District Bancorp during the second quarter worth $519,000. Finally, Beacon Pointe Advisors LLC acquired a new position in Fifth District Bancorp during the second quarter worth $162,000.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded shares of Fifth District Bancorp from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, September 1st. One investment analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, Fifth District Bancorp presently has an average rating of “Hold”.

About Fifth District Bancorp

Fifth District Bancorp, Inc. is the holding company for Fifth District Savings Bank, a community bank based in New Orleans, Louisiana. The bank traces its roots to 1926 and serves customers in the Greater New Orleans area. Fifth District Savings Bank offers deposit services, including checking, savings and certificate accounts, along with residential mortgage, commercial real estate, business and consumer lending. Its community banking model focuses on individuals, families and local businesses.