EJF Capital LLC Has $1.48 Million Holdings in Five Star Bancorp $FSBC

EJF Capital LLC trimmed its holdings in shares of Five Star Bancorp (NASDAQ:FSBC) by 43.0% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 51,669 shares of the company’s stock after selling 38,939 shares during the period. EJF Capital LLC’s holdings in Five Star Bancorp were worth $1,475,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Five Star Bancorp by 4.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,904 shares of the company’s stock worth $275,000 after acquiring an additional 390 shares in the last quarter. First Trust Advisors LP raised its stake in shares of Five Star Bancorp by 3.4% in the 2nd quarter. First Trust Advisors LP now owns 13,816 shares of the company’s stock valued at $394,000 after acquiring an additional 458 shares in the last quarter. CWM LLC lifted its holdings in Five Star Bancorp by 375.9% in the 2nd quarter. CWM LLC now owns 1,047 shares of the company’s stock worth $30,000 after purchasing an additional 827 shares during the last quarter. Russell Investments Group Ltd. bought a new stake in Five Star Bancorp during the second quarter worth approximately $34,000. Finally, Inspire Investing LLC boosted its position in Five Star Bancorp by 10.0% during the second quarter. Inspire Investing LLC now owns 13,623 shares of the company’s stock worth $389,000 after purchasing an additional 1,235 shares during the period. 46.94% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on FSBC. Weiss Ratings reissued a “buy (b-)” rating on shares of Five Star Bancorp in a research report on Wednesday, October 8th. Keefe, Bruyette & Woods lifted their target price on shares of Five Star Bancorp from $35.00 to $40.00 and gave the stock a “market perform” rating in a report on Thursday, October 30th. Stephens lowered shares of Five Star Bancorp from an “overweight” rating to an “equal weight” rating and set a $37.00 target price for the company. in a research report on Monday, November 10th. Janney Montgomery Scott began coverage on shares of Five Star Bancorp in a report on Friday, October 10th. They set a “buy” rating and a $37.00 price target for the company. Finally, DA Davidson set a $43.00 price target on Five Star Bancorp in a research report on Wednesday, October 29th. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, Five Star Bancorp has a consensus rating of “Moderate Buy” and a consensus target price of $39.40.

Five Star Bancorp Price Performance

Shares of FSBC stock opened at $37.26 on Friday. Five Star Bancorp has a one year low of $22.22 and a one year high of $37.74. The stock has a fifty day moving average price of $34.31 and a 200 day moving average price of $31.77. The stock has a market cap of $796.25 million, a P/E ratio of 13.80 and a beta of 0.52.

Five Star Bancorp (NASDAQ:FSBC) last released its quarterly earnings data on Monday, October 27th. The company reported $0.77 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.06. Five Star Bancorp had a return on equity of 13.88% and a net margin of 23.18%.The company had revenue of $41.31 million for the quarter, compared to analyst estimates of $40.34 million. During the same period in the prior year, the company posted $0.52 EPS. Equities research analysts anticipate that Five Star Bancorp will post 2.63 EPS for the current year.

Five Star Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, November 10th. Shareholders of record on Monday, November 3rd were given a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 2.1%. The ex-dividend date was Monday, November 3rd. Five Star Bancorp’s dividend payout ratio (DPR) is presently 29.63%.

About Five Star Bancorp

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 in Northern California. It accepts various deposits, such as money market accounts, noninterest-bearing and interest checking accounts, savings accounts, term certificate accounts, and time deposits.