De Lisle Partners LLP Has $15.98 Million Stock Position in FS Bancorp, Inc. (NASDAQ:FSBW)

De Lisle Partners LLP increased its holdings in shares of FS Bancorp, Inc. (NASDAQ:FSBW) by 34.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 358,765 shares of the bank’s stock after acquiring an additional 91,123 shares during the period. FS Bancorp makes up 2.6% of De Lisle Partners LLP’s investment portfolio, making the stock its 7th largest holding. De Lisle Partners LLP owned about 4.59% of FS Bancorp worth $15,982,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Assenagon Asset Management S.A. purchased a new position in shares of FS Bancorp in the 2nd quarter worth about $900,000. Agate Pass Investment Management LLC bought a new stake in FS Bancorp during the 2nd quarter valued at about $382,000. Connor Clark & Lunn Investment Management Ltd. raised its holdings in FS Bancorp by 92.6% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 14,191 shares of the bank’s stock worth $631,000 after buying an additional 6,823 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of FS Bancorp by 1.0% in the second quarter. Dimensional Fund Advisors LP now owns 395,126 shares of the bank’s stock worth $14,401,000 after buying an additional 3,811 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in shares of FS Bancorp by 4.7% during the second quarter. Bank of New York Mellon Corp now owns 61,221 shares of the bank’s stock valued at $2,231,000 after buying an additional 2,761 shares during the last quarter. Hedge funds and other institutional investors own 63.88% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of FS Bancorp from a “buy” rating to a “hold” rating in a report on Wednesday, October 23rd.

FS Bancorp Trading Up 0.5 %

FS Bancorp stock opened at $47.62 on Thursday. FS Bancorp, Inc. has a one year low of $29.70 and a one year high of $49.15. The business’s fifty day moving average is $44.86 and its 200 day moving average is $40.47. The stock has a market capitalization of $372.25 million, a PE ratio of 10.20 and a beta of 0.93. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.06 and a quick ratio of 1.04.

FS Bancorp (NASDAQ:FSBW) last announced its quarterly earnings results on Tuesday, October 22nd. The bank reported $1.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.14 by $0.15. FS Bancorp had a net margin of 18.28% and a return on equity of 13.42%. The firm had revenue of $53.01 million for the quarter, compared to the consensus estimate of $37.10 million. On average, sell-side analysts predict that FS Bancorp, Inc. will post 4.52 EPS for the current year.

FS Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, November 21st. Shareholders of record on Thursday, November 7th were paid a dividend of $0.27 per share. The ex-dividend date was Thursday, November 7th. This represents a $1.08 dividend on an annualized basis and a yield of 2.27%. FS Bancorp’s dividend payout ratio is presently 22.93%.

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.