1 day Ago By ABMN Staff
Bank of New York Mellon Corp lifted its holdings in Five Star Bancorp ( NASDAQ:FSBC – Free Report ) by 11.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 88,589 shares of the company’s stock after buying an additional 8,991 shares during the quarter.
Bank of New York Mellon Corp’s holdings in Five Star Bancorp were worth $2,095,000 at the end of the most recent quarter. Other hedge funds and other institutional investors have also recently modified their holdings of the company. Interval Partners LP purchased a new position in Five Star Bancorp during the 1st quarter worth $450,000.
Swiss National Bank boosted its position in Five Star Bancorp by 8.3% during the 1st quarter. Swiss National Bank now owns 22,096 shares of the company’s stock valued at $497,000 after acquiring an additional 1,700 shares in the last quarter.
Price T Rowe Associates Inc. MD boosted its position in shares of Five Star Bancorp by 2.4% in the 1st quarter.
Price T Rowe Associates Inc. MD now owns 34,138 shares of the company’s stock worth $770,000 after purchasing an additional 797 shares in the last quarter. EJF Capital LLC acquired a new stake in shares of Five Star Bancorp in the 1st quarter worth $1,688,000.
Finally, Cox Capital Mgt LLC boosted its position in shares of Five Star Bancorp by 2.8% in the 1st quarter. Cox Capital Mgt LLC now owns 79,429 shares of the company’s stock worth $1,787,000 after purchasing an additional 2,150 shares in the last quarter.
46.94% of the stock is currently owned by hedge funds and other institutional investors. Five Star Bancorp Trading Up 0.
2 % FSBC stock opened at $30.01 on Wednesday. Five Star Bancorp has a 12-month low of $18.
50 and a 12-month high of $30.70. The stock has a market cap of $639.
81 million, a price-to-earnings ratio of 11.41 and a beta of 0.42.
The business’s 50-day moving average is $28.19 and its 200 day moving average is $24.64.
Five Star Bancorp Announces Dividend The business also recently announced a quarterly dividend, which was paid on Monday, August 12th. Stockholders of record on Monday, August 5th were issued a dividend of $0.20 per share.
This represents a $0.80 annualized dividend and a dividend yield of 2.67%.
The ex-dividend date was Monday, August 5th. Five Star Bancorp’s dividend payout ratio is currently 30.42%.
Analysts Set New Price Targets A number of research firms have recently weighed in on FSBC. Stephens raised their price objective on Five Star Bancorp from $29.00 to $32.
00 and gave the stock an “overweight” rating in a research report on Friday, July 26th. Keefe, Bruyette & Woods raised their target price on Five Star Bancorp from $27.00 to $31.
00 and gave the stock a “market perform” rating in a research note on Friday, July 26th. Finally, DA Davidson lifted their price objective on Five Star Bancorp from $27.00 to $34.
00 and gave the company a “buy” rating in a research note on Friday, July 26th. View Our Latest Stock Report on Five Star Bancorp Insider Activity at Five Star Bancorp In other Five Star Bancorp news, SVP Michael Eugene Lee sold 3,000 shares of the business’s stock in a transaction that occurred on Monday, July 29th. The stock was sold at an average price of $29.
09, for a total value of $87,270.00. Following the sale, the senior vice president now owns 38,265 shares of the company’s stock, valued at $1,113,128.
85. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website . Over the last three months, insiders have sold 4,000 shares of company stock worth $116,340.
Insiders own 25.57% of the company’s stock. About Five Star Bancorp ( Free Report ) Five Star Bancorp operates as the bank holding company for Five Star Bank that provides a range of banking products and services to small and medium-sized businesses, professionals, and individuals in Northern California.
It accepts various deposits, such as money market accounts, noninterest-bearing and interest checking accounts, savings accounts, term certificate accounts, and time deposits. Read More Want to see what other hedge funds are holding FSBC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Five Star Bancorp ( NASDAQ:FSBC – Free Report ).
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