Is FS Bancorp, Inc. (FSBW)’s Fuel Running Low? The Stock Reaches 52-Week High Today

June 14, 2018 - By Maria Brooks

FS Bancorp, Inc. (NASDAQ:FSBW) Logo

Investors sentiment decreased to 1.55 in 2018 Q1. Its down 0.35, from 1.9 in 2017Q4. It turned negative, as 6 investors sold FS Bancorp, Inc. shares while 16 reduced holdings. 15 funds opened positions while 19 raised stakes. 1.57 million shares or 3.44% more from 1.52 million shares in 2017Q4 were reported.
Ameriprise Fincl holds 4,119 shares or 0% of its portfolio. Dimensional Fund Advsrs L P owns 40,197 shares. Fincl Bank Of Montreal Can holds 2,242 shares. Jpmorgan Chase owns 10,376 shares. Morgan Stanley invested 0% in FS Bancorp, Inc. (NASDAQ:FSBW). Tcw Gp holds 0.04% of its portfolio in FS Bancorp, Inc. (NASDAQ:FSBW) for 84,387 shares. Price T Rowe Assocs Md owns 231,513 shares. Wellington Mngmt Group Incorporated Llp reported 22,398 shares. Renaissance Tech Llc has 63,900 shares for 0% of their portfolio. Raymond James Associate holds 0.01% in FS Bancorp, Inc. (NASDAQ:FSBW) or 78,311 shares. The Missouri-based Eidelman Virant Capital has invested 0.35% in FS Bancorp, Inc. (NASDAQ:FSBW). Ativo Capital Mngmt Limited Liability holds 24,007 shares or 0.36% of its portfolio. New York State Common Retirement Fund owns 0% invested in FS Bancorp, Inc. (NASDAQ:FSBW) for 554 shares. Great West Life Assurance Commerce Can stated it has 8 shares. 57,993 were reported by Acadian Asset Mgmt Ltd Co.

Since January 29, 2018, it had 0 buys, and 6 sales for $1.09 million activity. TUEFFERS MARK also sold $146,252 worth of FS Bancorp, Inc. (NASDAQ:FSBW) on Monday, January 29. $326,989 worth of FS Bancorp, Inc. (NASDAQ:FSBW) shares were sold by Ness Drew B.. Piesik Margaret R. sold $22,768 worth of FS Bancorp, Inc. (NASDAQ:FSBW) on Thursday, May 3. Another trade for 2,600 shares valued at $149,188 was made by Cochrane Judith A. on Thursday, May 10.

The stock of FS Bancorp, Inc. (NASDAQ:FSBW) hit a new 52-week high and has $62.34 target or 4.00 % above today’s $59.94 share price. The 5 months bullish chart indicates low risk for the $221.54M company. The 1-year high was reported on Jun, 14 by Barchart.com. If the $62.34 price target is reached, the company will be worth $8.86 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock decreased 0.60% or $0.36 during the last trading session, reaching $59.94. About 907 shares traded. FS Bancorp, Inc. (NASDAQ:FSBW) has risen 34.25% since June 14, 2017 and is uptrending. It has outperformed by 21.68% the S&P500.

Analysts await FS Bancorp, Inc. (NASDAQ:FSBW) to report earnings on July, 26. They expect $1.18 earnings per share, down 16.31 % or $0.23 from last year’s $1.41 per share. FSBW’s profit will be $4.36 million for 12.70 P/E if the $1.18 EPS becomes a reality. After $1.15 actual earnings per share reported by FS Bancorp, Inc. for the previous quarter, Wall Street now forecasts 2.61 % EPS growth.

More news for FS Bancorp, Inc. (NASDAQ:FSBW) were recently published by: Nasdaq.com, which released: “Report: Exploring Fundamental Drivers Behind Schweitzer-Mauduit International, Valero Energy Partners LP, One …” on May 25, 2018. Gurufocus.com‘s article titled: “OK, Now What Do We Actually Own?” and published on June 13, 2018 is yet another important article.

FS Bancorp, Inc. operates as a bank holding firm for 1st Security Bank of Washington that provides banking and financial services to families, businesses, and industry niches in Puget Sound area communities, Washington. The company has market cap of $221.54 million. The firm offers various deposit instruments, including checking accounts, money market deposit accounts, savings accounts, and certificates of deposits. It has a 14 P/E ratio. It also provides one-to-four-family residential first mortgages, second mortgage/home equity loan products, non-mortgage commercial business loans, commercial real estate loans, and construction and development loans, as well as consumer loans, which primarily include indirect home improvement and automobile-secured loans.

FS Bancorp, Inc. (NASDAQ:FSBW) Institutional Positions Chart

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