FS Bancorp, Inc. (NASDAQ:FSBW) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $57.17 and last traded at $56.62, with a volume of 13833 shares trading hands. The stock had previously closed at $55.52.

Several equities research analysts recently issued reports on FSBW shares. Zacks Investment Research lowered FS Bancorp from a “buy” rating to a “hold” rating in a research note on Tuesday, October 3rd. DA Davidson started coverage on FS Bancorp in a research note on Tuesday, September 12th. They set a “neutral” rating and a $52.00 price objective for the company. One analyst has rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $49.75.

The firm has a market cap of $208.07, a price-to-earnings ratio of 13.51, a P/E/G ratio of 1.34 and a beta of 0.47. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.02 and a quick ratio of 0.95.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 22nd. Stockholders of record on Thursday, November 9th will be issued a $0.11 dividend. The ex-dividend date of this dividend is Wednesday, November 8th. This represents a $0.44 annualized dividend and a dividend yield of 0.78%. FS Bancorp’s dividend payout ratio is currently 10.50%.

Large investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. purchased a new position in FS Bancorp during the 2nd quarter valued at about $156,000. Beese Fulmer Investment Management Inc. purchased a new position in FS Bancorp during the 2nd quarter valued at about $224,000. Dimensional Fund Advisors LP purchased a new position in FS Bancorp during the 2nd quarter valued at about $266,000. Cambridge Investment Research Advisors Inc. increased its holdings in FS Bancorp by 0.5% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 6,042 shares of the bank’s stock valued at $271,000 after purchasing an additional 30 shares during the period. Finally, Russell Investments Group Ltd. purchased a new position in FS Bancorp during the 3rd quarter valued at about $334,000. Institutional investors own 31.54% of the company’s stock.

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FS Bancorp Company Profile

FS Bancorp, Inc is a holding company for 1st Security Bank of Washington (the Bank). The Company is a diversified lender with a focus on the origination of indirect home improvement loans, also referred to as fixture secured loans, commercial real estate mortgage loans, home loans, commercial business loans and second mortgage and home equity loan products.

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