13,320 Shares in FB Bancorp, Inc. $FBLA Acquired by R Squared Ltd

R Squared Ltd bought a new position in shares of FB Bancorp, Inc. (NASDAQ:FBLA) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 13,320 shares of the company’s stock, valued at approximately $150,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. BlackBarn Capital Partners LP grew its stake in FB Bancorp by 51.2% in the 1st quarter. BlackBarn Capital Partners LP now owns 604,700 shares of the company’s stock worth $6,809,000 after buying an additional 204,700 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in FB Bancorp by 43.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 97,507 shares of the company’s stock worth $1,098,000 after buying an additional 29,452 shares in the last quarter. Focus Partners Advisor Solutions LLC purchased a new position in FB Bancorp in the 1st quarter worth approximately $225,000. PDT Partners LLC purchased a new position in FB Bancorp in the 1st quarter worth approximately $205,000. Finally, M3F Inc. purchased a new position in FB Bancorp in the 1st quarter worth approximately $130,000.

FB Bancorp Stock Down 0.2%

Shares of FBLA stock opened at $11.98 on Monday. FB Bancorp, Inc. has a 1-year low of $9.81 and a 1-year high of $12.74. The business has a 50-day moving average of $11.97 and a 200 day moving average of $11.53. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.04 and a current ratio of 1.07.

FB Bancorp (NASDAQ:FBLA) last announced its quarterly earnings results on Thursday, August 14th. The company reported $0.05 earnings per share (EPS) for the quarter. The business had revenue of $18.11 million for the quarter. FB Bancorp had a negative net margin of 5.40% and a negative return on equity of 1.62%.

Analysts Set New Price Targets

FBLA has been the subject of a number of research reports. Weiss Ratings reissued a “sell (d-)” rating on shares of FB Bancorp in a research note on Saturday. Wall Street Zen raised shares of FB Bancorp from a “sell” rating to a “hold” rating in a research note on Sunday. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, FB Bancorp currently has an average rating of “Sell”.

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.