FB Bancorp (NASDAQ:FBLA) Cut to Sell at Wall Street Zen

Wall Street Zen cut shares of FB Bancorp (NASDAQ:FBLA) from a hold rating to a sell rating in a research note released on Saturday morning.

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of FB Bancorp in a research note on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, FB Bancorp has a consensus rating of “Sell”.

FB Bancorp Trading Up 1.9%

NASDAQ:FBLA opened at $13.75 on Friday. The company has a market capitalization of $235.95 million, a P/E ratio of 196.43 and a beta of 0.09. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.25. FB Bancorp has a 12 month low of $9.81 and a 12 month high of $14.00. The firm has a fifty day simple moving average of $13.23 and a 200-day simple moving average of $12.74.

FB Bancorp (NASDAQ:FBLA) last released its earnings results on Wednesday, February 18th. The company reported ($0.08) earnings per share (EPS) for the quarter. The firm had revenue of $9.39 million during the quarter. FB Bancorp had a net margin of 1.48% and a return on equity of 0.97%.

Institutional Trading of FB Bancorp

Several large investors have recently made changes to their positions in the business. R Squared Ltd boosted its holdings in shares of FB Bancorp by 3.1% in the 4th quarter. R Squared Ltd now owns 25,974 shares of the company’s stock valued at $334,000 after acquiring an additional 789 shares during the last quarter. Schonfeld Strategic Advisors LLC raised its holdings in shares of FB Bancorp by 5.3% during the fourth quarter. Schonfeld Strategic Advisors LLC now owns 20,993 shares of the company’s stock worth $270,000 after purchasing an additional 1,050 shares during the last quarter. Mangrove Partners IM LLC lifted its position in FB Bancorp by 1.0% during the fourth quarter. Mangrove Partners IM LLC now owns 144,020 shares of the company’s stock valued at $1,851,000 after purchasing an additional 1,454 shares during the period. Nuveen LLC lifted its position in FB Bancorp by 6.3% during the fourth quarter. Nuveen LLC now owns 32,279 shares of the company’s stock valued at $415,000 after purchasing an additional 1,908 shares during the period. Finally, Barclays PLC boosted its holdings in FB Bancorp by 11.0% in the fourth quarter. Barclays PLC now owns 27,911 shares of the company’s stock valued at $359,000 after purchasing an additional 2,767 shares during the last quarter.

About FB Bancorp

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.