Five Star Bancorp’s (FSBC) Market Perform Rating Reiterated at Keefe, Bruyette & Woods

Five Star Bancorp (NASDAQ:FSBCGet Free Report)‘s stock had its “market perform” rating restated by research analysts at Keefe, Bruyette & Woods in a research report issued to clients and investors on Monday, Benzinga reports. They currently have a $27.00 price objective on the stock. Keefe, Bruyette & Woods’ price objective would indicate a potential upside of 21.73% from the company’s previous close.

Other analysts have also issued research reports about the stock. TheStreet raised shares of Five Star Bancorp from a “c” rating to a “b-” rating in a report on Wednesday, December 13th. DA Davidson reissued a “buy” rating and issued a $29.00 price target on shares of Five Star Bancorp in a report on Monday.

View Our Latest Stock Report on Five Star Bancorp

Five Star Bancorp Trading Down 0.9 %

NASDAQ:FSBC opened at $22.18 on Monday. Five Star Bancorp has a 12 month low of $17.74 and a 12 month high of $28.25. The stock has a market capitalization of $384.82 million, a price-to-earnings ratio of 7.98 and a beta of 0.37. The firm has a fifty day simple moving average of $23.48 and a two-hundred day simple moving average of $22.79. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.59.

Five Star Bancorp (NASDAQ:FSBCGet Free Report) last released its quarterly earnings results on Monday, January 29th. The company reported $0.63 earnings per share for the quarter, beating analysts’ consensus estimates of $0.60 by $0.03. The company had revenue of $28.61 million for the quarter. Five Star Bancorp had a net margin of 26.24% and a return on equity of 17.52%. Analysts expect that Five Star Bancorp will post 2.21 EPS for the current fiscal year.

Insider Transactions at Five Star Bancorp

In related news, Director Robert Truxtun Perry-Smith bought 80,460 shares of the company’s stock in a transaction dated Thursday, March 28th. The stock was purchased at an average cost of $21.75 per share, with a total value of $1,750,005.00. Following the transaction, the director now owns 227,638 shares in the company, valued at approximately $4,951,126.50. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 26.79% of the company’s stock.

Institutional Investors Weigh In On Five Star Bancorp

Several institutional investors and hedge funds have recently modified their holdings of the stock. Charles Schwab Investment Management Inc. increased its stake in shares of Five Star Bancorp by 1.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 33,012 shares of the company’s stock worth $899,000 after acquiring an additional 514 shares in the last quarter. Tower Research Capital LLC TRC increased its stake in shares of Five Star Bancorp by 67.2% in the 3rd quarter. Tower Research Capital LLC TRC now owns 1,346 shares of the company’s stock worth $39,000 after acquiring an additional 541 shares in the last quarter. Morgan Stanley increased its stake in shares of Five Star Bancorp by 3.1% in the 4th quarter. Morgan Stanley now owns 19,215 shares of the company’s stock worth $523,000 after acquiring an additional 577 shares in the last quarter. Brighton Jones LLC increased its stake in shares of Five Star Bancorp by 0.4% in the 3rd quarter. Brighton Jones LLC now owns 157,155 shares of the company’s stock worth $3,153,000 after acquiring an additional 591 shares in the last quarter. Finally, Alliancebernstein L.P. increased its stake in shares of Five Star Bancorp by 2.2% in the 3rd quarter. Alliancebernstein L.P. now owns 33,254 shares of the company’s stock worth $943,000 after acquiring an additional 700 shares in the last quarter. 46.94% of the stock is owned by hedge funds and other institutional investors.

About Five Star Bancorp

(Get Free Report)

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.

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