Peapod Lane Capital LLC Acquires New Shares in FB Bancorp, Inc. $FBLA

Peapod Lane Capital LLC acquired a new position in shares of FB Bancorp, Inc. (NASDAQ:FBLA) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 69,913 shares of the company’s stock, valued at approximately $840,000. Peapod Lane Capital LLC owned about 0.35% of FB Bancorp as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also made changes to their positions in FBLA. Police & Firemen s Retirement System of New Jersey acquired a new position in shares of FB Bancorp during the 2nd quarter worth $60,000. New York State Common Retirement Fund acquired a new position in FB Bancorp during the second quarter worth about $100,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in FB Bancorp during the second quarter worth about $110,000. Occudo Quantitative Strategies LP purchased a new stake in shares of FB Bancorp in the second quarter valued at about $119,000. Finally, American Century Companies Inc. acquired a new stake in shares of FB Bancorp in the second quarter valued at approximately $123,000.

FB Bancorp Stock Performance

Shares of FBLA opened at $13.27 on Monday. FB Bancorp, Inc. has a 1 year low of $9.81 and a 1 year high of $14.00. The company’s 50 day simple moving average is $13.11 and its 200 day simple moving average is $12.46. The company has a market capitalization of $263.28 million, a price-to-earnings ratio of 88.47 and a beta of 0.11. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.98 and a current ratio of 1.03.

FB Bancorp (NASDAQ:FBLA) last issued its quarterly earnings results on Wednesday, February 18th. The company reported ($0.08) earnings per share for the quarter. FB Bancorp had a negative net margin of 3.08% and a negative return on equity of 0.81%. The business had revenue of $12.77 million during the quarter.

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. Weiss Ratings restated a “sell (d)” rating on shares of FB Bancorp in a research report on Monday, December 29th. Wall Street Zen raised FB Bancorp from a “sell” rating to a “hold” rating in a research report on Saturday, November 15th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, FB Bancorp currently has a consensus rating of “Sell”.

FB Bancorp Company Profile

FB Bancorp Inc operates as a bank holding company for Fidelity Bank. The Company, through its subsidiaries, provides deposit accounts, mortgages, home equity and consumer loans, credit and debit cards, online and mobile banking, investments and other financial services. FB Bancorp Inc is based in New Orleans.