Key Points
- Insider sale: COO Lydia Ann Ramirez-Medina sold 400 shares at an average price of $40.99 for $16,396, leaving her with 10,960 shares — a 3.52% reduction in ownership.
- Dividend announced: Five Star declared a quarterly dividend of $0.25 per share (annualized $1.00) payable May 11 with an ex-dividend date of May 4, implying a ~2.4% yield and a 31.75% payout ratio.
- Analyst view & fundamentals: The stock carries a consensus "Moderate Buy" with a $42.30 price target; the firm reported $0.83 EPS last quarter, is forecast to earn $3.58 this year, and trades at a P/E of 13.09 with a market cap of about $882 million.
Five Star Bancorp (NASDAQ:FSBC - Get Free Report) COO Lydia Ann Ramirez-Medina sold 400 shares of the company's stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $40.99, for a total transaction of $16,396.00. Following the sale, the chief operating officer directly owned 10,960 shares in the company, valued at approximately $449,250.40. This trade represents a 3.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Five Star Bancorp Stock Down 0.2%
NASDAQ FSBC opened at $41.24 on Friday. The company has a market cap of $881.55 million, a PE ratio of 13.09 and a beta of 0.54. Five Star Bancorp has a 52 week low of $26.20 and a 52 week high of $42.26. The firm's 50-day simple moving average is $38.96 and its two-hundred day simple moving average is $37.61.
Five Star Bancorp (NASDAQ:FSBC - Get Free Report) last released its quarterly earnings data on Friday, February 27th. The company reported $0.83 EPS for the quarter. Five Star Bancorp had a net margin of 25.23% and a return on equity of 15.56%. The business had revenue of $43.47 million for the quarter. As a group, equities research analysts anticipate that Five Star Bancorp will post 3.58 EPS for the current year.
Five Star Bancorp Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, May 11th. Stockholders of record on Monday, May 4th will be given a dividend of $0.25 per share. The ex-dividend date is Monday, May 4th. This represents a $1.00 annualized dividend and a dividend yield of 2.4%. Five Star Bancorp's dividend payout ratio is currently 31.75%.
Analyst Ratings Changes
Several equities research analysts have recently weighed in on the company. Stephens upped their price target on Five Star Bancorp from $41.00 to $43.00 and gave the company an "equal weight" rating in a research report on Wednesday, April 29th. DA Davidson upped their price target on Five Star Bancorp from $45.00 to $48.50 and gave the company a "buy" rating in a research report on Wednesday, April 29th. Weiss Ratings restated a "buy (b-)" rating on shares of Five Star Bancorp in a research report on Thursday, January 22nd. Finally, Keefe, Bruyette & Woods upped their price objective on shares of Five Star Bancorp from $41.00 to $43.00 and gave the stock a "market perform" rating in a research report on Friday, May 1st. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, Five Star Bancorp has a consensus rating of "Moderate Buy" and a consensus price target of $42.30.
Get Our Latest Stock Report on FSBC
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of the stock. T. Rowe Price Investment Management Inc. increased its position in shares of Five Star Bancorp by 0.9% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 2,017,380 shares of the company's stock worth $72,182,000 after purchasing an additional 18,668 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Five Star Bancorp by 1.7% in the third quarter. Vanguard Group Inc. now owns 901,158 shares of the company's stock worth $29,017,000 after purchasing an additional 15,183 shares during the last quarter. Adage Capital Partners GP L.L.C. increased its position in shares of Five Star Bancorp by 75.8% in the fourth quarter. Adage Capital Partners GP L.L.C. now owns 569,804 shares of the company's stock worth $20,388,000 after purchasing an additional 245,727 shares during the last quarter. Kennedy Capital Management LLC boosted its stake in Five Star Bancorp by 14.8% in the fourth quarter. Kennedy Capital Management LLC now owns 438,831 shares of the company's stock worth $15,701,000 after buying an additional 56,412 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in Five Star Bancorp by 1.3% in the fourth quarter. Geode Capital Management LLC now owns 399,166 shares of the company's stock worth $14,285,000 after buying an additional 5,038 shares in the last quarter. 46.94% of the stock is currently owned by institutional investors.
Five Star Bancorp Company Profile
(
Get Free Report)
Five Star Bancorp, Inc is the bank holding company for Five Star Bank, a community-focused financial institution serving retail and commercial customers primarily in Upstate New York. Headquartered in Rochester, the company provides a range of banking and financial services designed to meet the needs of individuals, families and businesses throughout its regional footprint.
The company's core business activities include deposit services—such as checking, savings and money market accounts—alongside consumer and mortgage lending.
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