Five Star Bancorp (NASDAQ:FSBC) Stake Raised by Cox Capital Mgt LLC

Cox Capital Mgt LLC increased its holdings in Five Star Bancorp (NASDAQ:FSBC – Get Rating) by 5.7% in the 4th quarter, Holdings Channel reports. The fund owned 112,727 shares of the company’s stock after purchasing an additional 6,046 shares during the period. Five Star Bancorp makes up about 2.0% of Cox Capital Mgt LLC’s portfolio, making the stock its 17th biggest position. Cox Capital Mgt LLC’s holdings in Five Star Bancorp were worth $3,071,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Price T Rowe Associates Inc. MD lifted its stake in Five Star Bancorp by 41.3% in the 2nd quarter. Price T Rowe Associates Inc. MD now owns 1,437,051 shares of the company’s stock worth $37,967,000 after acquiring an additional 419,779 shares in the last quarter. Davis Capital Partners LLC raised its stake in shares of Five Star Bancorp by 15.4% during the 2nd quarter. Davis Capital Partners LLC now owns 850,000 shares of the company’s stock worth $22,457,000 after purchasing an additional 113,700 shares in the last quarter. BlackRock Inc. raised its stake in shares of Five Star Bancorp by 9.7% during the 3rd quarter. BlackRock Inc. now owns 645,645 shares of the company’s stock worth $18,310,000 after purchasing an additional 56,967 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Five Star Bancorp by 17.1% during the 3rd quarter. Vanguard Group Inc. now owns 515,061 shares of the company’s stock worth $14,607,000 after purchasing an additional 75,138 shares in the last quarter. Finally, Captrust Financial Advisors purchased a new stake in shares of Five Star Bancorp during the 2nd quarter worth about $11,265,000. 45.49% of the stock is owned by hedge funds and other institutional investors.

Five Star Bancorp Stock Up 0.7 %

Shares of FSBC traded up $0.15 during midday trading on Friday, reaching $20.98. 95,097 shares of the stock were exchanged, compared to its average volume of 21,479. Five Star Bancorp has a 12-month low of $20.02 and a 12-month high of $31.73. The firm has a 50 day simple moving average of $26.95 and a 200-day simple moving average of $27.54. The company has a quick ratio of 1.06, a current ratio of 1.07 and a debt-to-equity ratio of 0.40. The company has a market cap of $362.11 million, a price-to-earnings ratio of 8.04 and a beta of 0.01.

Five Star Bancorp (NASDAQ:FSBC – Get Rating) last posted its quarterly earnings results on Monday, January 30th. The company reported $0.77 earnings per share for the quarter, topping analysts’ consensus estimates of $0.73 by $0.04. Five Star Bancorp had a return on equity of 18.74% and a net margin of 35.82%. The company had revenue of $30.74 million during the quarter. Research analysts forecast that Five Star Bancorp will post 2.88 EPS for the current year.

Five Star Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, February 13th. Stockholders of record on Monday, February 6th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.86%. The ex-dividend date was Friday, February 3rd. Five Star Bancorp’s dividend payout ratio (DPR) is presently 22.99%.

Five Star Bancorp Profile

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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. The company accepts various deposits, such as money market, noninterest-bearing and interest checking accounts, savings accounts, and time deposits.