FB Bancorp, Inc. $FBLA Holdings Cut by JCSD Capital LLC

JCSD Capital LLC decreased its holdings in shares of FB Bancorp, Inc. (NASDAQ:FBLA) by 33.3% in the second quarter, HoldingsChannel reports. The firm owned 79,413 shares of the company’s stock after selling 39,589 shares during the quarter. FB Bancorp makes up 9.9% of JCSD Capital LLC’s investment portfolio, making the stock its 3rd biggest position. JCSD Capital LLC’s holdings in FB Bancorp were worth $6,810,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of FBLA. Northwestern Mutual Wealth Management Co. bought a new stake in shares of FB Bancorp in the 2nd quarter worth approximately $452,000. Raffles Associates LP bought a new position in shares of FB Bancorp during the second quarter valued at approximately $1,462,000. Bank of America Corp DE bought a new position in shares of FB Bancorp during the second quarter valued at approximately $1,056,000. Odyssean LLC bought a new position in shares of FB Bancorp during the second quarter valued at approximately $286,000. Finally, BlackRock Inc. purchased a new stake in FB Bancorp in the second quarter worth $18,940,000.

Analyst Ratings Changes

Several brokerages have commented on FBLA. Weiss Ratings lowered shares of FB Bancorp from a “hold (c-)” rating to a “sell (d)” rating in a report on Wednesday. Wall Street Zen raised shares of FB Bancorp from a “sell” rating to a “hold” rating in a research note on Saturday, August 15th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, FB Bancorp currently has an average rating of “Sell”.

FB Bancorp Price Performance

Shares of NASDAQ:FBLA opened at $15.74 on Monday. The business has a fifty day moving average price of $15.41 and a 200-day moving average price of $14.35. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.97 and a quick ratio of 0.97. The company has a market capitalization of $251.05 million, a PE ratio of -1,572.43 and a beta of -0.08. FB Bancorp, Inc. has a 1-year low of $11.66 and a 1-year high of $16.00.

FB Bancorp (NASDAQ:FBLA) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $0.05 earnings per share (EPS) for the quarter. FB Bancorp had a negative net margin of 0.36% and a positive return on equity of 0.91%. The company had revenue of $14.14 million for the quarter.

About FB Bancorp

FB Bancorp Inc operates as a bank holding company for Fidelity Bank. The Company, through its subsidiaries, provides deposit accounts, mortgages, home equity and consumer loans, credit and debit cards, online and mobile banking, investments and other financial services. FB Bancorp Inc is based in New Orleans.