Key Points
- Director Linda Sins sold 2,223 shares for about $39,014, reducing her direct stake by 19.99% to 8,895 shares.
- Fifth District Bancorp shares rose 0.9% to $17.70 on Friday, near the 50-day average of $17.68.
- The company reported quarterly EPS of $0.07 on $4.0 million in revenue; its analyst consensus rating remains Hold.
Fifth District Bancorp, Inc. (NASDAQ:FDSB - Get Free Report) Director Linda Sins sold 2,223 shares of the business's stock in a transaction dated Thursday, November 12th. The stock was sold at an average price of $17.55, for a total transaction of $39,013.65. Following the sale, the director directly owned 8,895 shares in the company, 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 Fifth District Bancorp stock traded up $0.15 during trading hours on Friday, reaching $17.70. 2,249 shares of the company's stock were exchanged, compared to its average volume of 2,755. The stock has a market cap of $92.06 million, a P/E ratio of 52.07 and a beta of 0.24. The company has a 50 day moving average of $17.68 and a two-hundred day moving average of $16.36. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.05. Fifth District Bancorp, Inc. has a fifty-two week low of $13.00 and a fifty-two week high of $18.69.
Fifth District Bancorp (NASDAQ:FDSB - Get Free Report) last announced its quarterly earnings data on Tuesday, November 10th. The company reported $0.07 earnings per share for the quarter. The company had revenue of $4.00 million during the quarter. Fifth District Bancorp had a return on equity of 1.27% and a net margin of 6.83%.
Wall Street Analyst Weigh In
Separately, Weiss Ratings raised Fifth District Bancorp from a "hold (c-)" rating to a "hold (c)" rating in a research report on Tuesday, September 1st. One investment analyst has rated the stock with a Hold rating. Based on data from MarketBeat, Fifth District Bancorp has an average rating of "Hold".
Get Our Latest Stock Report on FDSB
Institutional Investors Weigh In On Fifth District Bancorp
A number of institutional investors and hedge funds have recently modified their holdings of FDSB. Waverly Advisors LLC acquired a new stake in Fifth District Bancorp in the 2nd quarter valued at about $856,000. Beacon Pointe Advisors LLC bought a new position in Fifth District Bancorp during the second quarter worth about $162,000. Finally, BlackRock Inc. bought a new position in Fifth District Bancorp during the second quarter worth about $519,000.
About Fifth District Bancorp
(
Get Free Report)
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.
Further Reading
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