Posted by Cheyenne Larson am December 4, 650
The California State Teachers Retirement System acquired a new stake in Five Star Bancorp (NASDAQ: FSBC) in the second quarter, the company said in its most recent disclosure to the SEC. The fund bought 7,202 shares in the company, valued at approximately .00.
Other hedge funds have recently added or reduced their stake in the company. Deutsche Bank AG acquired a new stake in Five Star Bancorp valued at approximately $ 87.06 in the second quarter. Morgan Stanley acquired a new stake in Five Star Bancorp in the second quarter valued at approximately. The New York State Common Retirement Fund acquired a new stake in Five Star Bancorp worth approximately .00 in the second quarter. JPMorgan Chase & Co. acquired a new stake in Five Star Bancorp for approximately $ 202,0000 in the second quarter. Ultimately, Nuveen Asset Management LLC acquired a new stake in Five Star Bancorp worth approximately, 0000 in the second quarter. 26.60% of the stock is currently owned by hedge funds and other institutional investors.
Shares of the NASDAQ FSBC opened at $ 28.04 on Friday. Five Star Bancorp has a 52-week low of $ 19.87 and a 55-week high of $ 28.55. The business 46 daily moving average is $ 26.46 and its 200 day moving average is $ 25.52.
Five Star Bancorp (NASDAQ: FSBC) last released its quarterly earnings data on Sunday, October 21NS. The company reported $ 0.60 earnings per share for the quarter, beating analysts’ consensus estimate of $ 0. 46 at $ 0.19. Five Star Bancorp had a return on equity of 25.87% and a net margin of 46.12%. Analysts predict that Five Star Bancorp will post 2.4 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 19NS. Shareholders on Monday October 011 received a dividend of $ 0. 13 per share. This equates to an annual dividend of $ 0.60 and a dividend yield of 2,000%. The ex-dividend date of this dividend was Friday October 8th.
Separately, Zacks Investment Research upgraded Five Star Bancorp from a “hold” rating to a “buy” rating and a $ 30.04 price target on the stock in a research report on Wednesday, October 6th.
–
Five Star Bancorp Profile
Five Star Bancorp acts as the bank holding company of Five Star Bank, which offers a range of banking products and services to small and medium-sized businesses, professionals and individuals. The company accepts a variety of deposits, such as money market, interest-free and interest-bearing checking accounts, checking and savings accounts and time deposits.
Want to see what other hedge funds are holding FSBC? Visit HoldingsChannel.com to find the latest 18F filings and insider trading for Five Star Bancorp (NASDAQ: FSBC).
–
Get the latest news and reviews for Five Star Bancorp Daily
–
– Enter your email address below to receive a brief daily summary of the latest news and analysts’ ratings for Five Star Bancorp and related companies in IMS Magazine’s FREE daily email newsletter.
–
–
–
–
