First Us Bancsh (NASDAQ:FUSB) Director Staci Pierce Acquires 750 Shares

First Us Bancsh (NASDAQ:FUSB) Director Staci Pierce purchased 750 shares of the company’s stock in a transaction on Wednesday, December 3rd. The stock was purchased at an average cost of $13.74 per share, for a total transaction of $10,305.00. Following the purchase, the director directly owned 8,850 shares in the company, valued at approximately $121,599. This trade represents a 9.26% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Staci Pierce also recently made the following trade(s):

• On Thursday, November 20th, Staci Pierce acquired 250 shares of First Us Bancsh stock. The stock was purchased at an average cost of $13.65 per share, with a total value of $3,412.50.
• On Wednesday, November 19th, Staci Pierce purchased 200 shares of First Us Bancsh stock. The stock was bought at an average cost of $13.51 per share, for a total transaction of $2,702.00.
• On Monday, November 17th, Staci Pierce bought 300 shares of First Us Bancsh stock. The shares were acquired at an average price of $13.40 per share, for a total transaction of $4,020.00.
• On Thursday, November 13th, Staci Pierce acquired 500 shares of First Us Bancsh stock. The stock was acquired at an average price of $13.72 per share, with a total value of $6,860.00.

First Us Bancsh Trading Up 0.3%

NASDAQ FUSB traded up $0.04 during mid-day trading on Friday, reaching $13.88. 27,386 shares of the stock were exchanged, compared to its average volume of 5,024. First Us Bancsh has a one year low of $10.30 and a one year high of $14.19. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.90 and a quick ratio of 0.90. The stock has a 50 day simple moving average of $12.95 and a 200-day simple moving average of $12.71. The stock has a market cap of $80.06 million, a P/E ratio of 14.92 and a beta of 0.29.

First Us Bancsh (NASDAQ:FUSB) last announced its quarterly earnings data on Wednesday, October 29th. The financial services provider reported $0.32 EPS for the quarter. The company had revenue of $10.52 million during the quarter. First Us Bancsh had a net margin of 8.98% and a return on equity of 5.49%.

First Us Bancsh Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 2nd. Stockholders of record on Friday, December 12th will be issued a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Friday, December 12th. First Us Bancsh’s dividend payout ratio (DPR) is currently 30.11%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE raised its stake in First Us Bancsh by 37.3% in the third quarter. Bank of America Corp DE now owns 16,056 shares of the financial services provider’s stock valued at $193,000 after purchasing an additional 4,365 shares in the last quarter. Geode Capital Management LLC increased its position in First Us Bancsh by 2.8% during the 2nd quarter. Geode Capital Management LLC now owns 56,964 shares of the financial services provider’s stock valued at $735,000 after purchasing an additional 1,526 shares during the period. Finally, Gendell Jeffrey L boosted its holdings in shares of First Us Bancsh by 4.2% during the 2nd quarter. Gendell Jeffrey L now owns 377,741 shares of the financial services provider’s stock valued at $4,873,000 after buying an additional 15,301 shares in the last quarter. Institutional investors own 18.74% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of First Us Bancsh in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has an average rating of “Hold”.

About First Us Bancsh

First US Bancshares, Inc operates as the bank holding company for First US Bank that provides commercial banking products and services. The company offers non-interest-bearing demand deposits, savings accounts, NOW accounts, money market demand accounts, individual retirement accounts, and time deposits.