Renaissance Technologies LLC Boosts Stake in FS Bancorp, Inc. (NASDAQ:FSBW)

Renaissance Technologies LLC raised its position in FS Bancorp, Inc. (NASDAQ:FSBW) by 0.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 118,385 shares of the bank’s stock after purchasing an additional 685 shares during the quarter. Renaissance Technologies LLC owned 1.51% of FS Bancorp worth $4,861,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the company. SG Americas Securities LLC raised its holdings in shares of FS Bancorp by 18.6% in the 4th quarter. SG Americas Securities LLC now owns 2,756 shares of the bank’s stock valued at $113,000 after buying an additional 433 shares during the period. Wells Fargo & Company MN increased its stake in FS Bancorp by 27.8% during the fourth quarter. Wells Fargo & Company MN now owns 3,909 shares of the bank’s stock worth $161,000 after purchasing an additional 851 shares during the period. Bailard Inc. purchased a new stake in FS Bancorp during the fourth quarter worth about $257,000. Jane Street Group LLC lifted its position in shares of FS Bancorp by 43.9% during the third quarter. Jane Street Group LLC now owns 8,784 shares of the bank’s stock worth $391,000 after purchasing an additional 2,678 shares in the last quarter. Finally, Angel Oak Capital Advisors LLC purchased a new position in shares of FS Bancorp in the fourth quarter valued at approximately $739,000. 63.88% of the stock is currently owned by institutional investors and hedge funds.

FS Bancorp Price Performance

Shares of FSBW opened at $38.18 on Monday. The company has a market cap of $296.12 million, a P/E ratio of 8.68 and a beta of 0.78. FS Bancorp, Inc. has a fifty-two week low of $30.80 and a fifty-two week high of $49.15. The company has a quick ratio of 1.04, a current ratio of 1.06 and a debt-to-equity ratio of 0.74. The firm’s 50 day moving average price is $37.86 and its 200 day moving average price is $41.46.

FS Bancorp (NASDAQ:FSBW) last announced its quarterly earnings data on Tuesday, January 21st. The bank reported $0.92 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.04 by ($0.12). FS Bancorp had a net margin of 16.97% and a return on equity of 12.35%. On average, research analysts forecast that FS Bancorp, Inc. will post 4.26 earnings per share for the current fiscal year.

FS Bancorp Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 20th. Stockholders of record on Thursday, February 6th were given a dividend of $0.28 per share. The ex-dividend date was Thursday, February 6th. This is an increase from FS Bancorp’s previous quarterly dividend of $0.27. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.93%. FS Bancorp’s payout ratio is currently 25.45%.

FS Bancorp 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.