Five Star Bancorp (NASDAQ:FSBC) Shares Sold by Captrust Financial Advisors

Captrust Financial Advisors cut its stake in Five Star Bancorp (NASDAQ:FSBC) by 2.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 341,253 shares of the company’s stock after selling 7,458 shares during the quarter. Captrust Financial Advisors owned approximately 1.60% of Five Star Bancorp worth $10,145,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Davis Asset Management L.P. boosted its stake in shares of Five Star Bancorp by 3.4% during the 2nd quarter. Davis Asset Management L.P. now owns 1,511,500 shares of the company’s stock worth $35,747,000 after acquiring an additional 50,000 shares in the last quarter. Vanguard Group Inc. boosted its position in Five Star Bancorp by 31.9% during the first quarter. Vanguard Group Inc. now owns 713,950 shares of the company’s stock worth $16,064,000 after purchasing an additional 172,507 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Five Star Bancorp by 32.4% in the second quarter. Dimensional Fund Advisors LP now owns 160,558 shares of the company’s stock valued at $3,797,000 after purchasing an additional 39,256 shares during the period. Brighton Jones LLC increased its position in shares of Five Star Bancorp by 0.3% in the third quarter. Brighton Jones LLC now owns 141,342 shares of the company’s stock valued at $4,202,000 after buying an additional 401 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Five Star Bancorp by 201.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 134,449 shares of the company’s stock worth $3,997,000 after buying an additional 89,834 shares during the period. Hedge funds and other institutional investors own 46.94% of the company’s stock.

Five Star Bancorp Stock Performance

Five Star Bancorp stock opened at $32.95 on Monday. The company’s fifty day moving average price is $30.88 and its 200 day moving average price is $27.74. The stock has a market capitalization of $702.49 million, a P/E ratio of 14.45 and a beta of 0.41. Five Star Bancorp has a 1 year low of $21.10 and a 1 year high of $35.13.

Five Star Bancorp (NASDAQ:FSBC) last released its earnings results on Monday, October 28th. The company reported $0.52 EPS for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.02). Five Star Bancorp had a return on equity of 12.80% and a net margin of 21.35%. The company had revenue of $54.05 million for the quarter. During the same period in the prior year, the company earned $0.64 earnings per share. Sell-side analysts predict that Five Star Bancorp will post 2.16 EPS for the current year.

Five Star Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, November 12th. Stockholders of record on Monday, November 4th were given a $0.20 dividend. The ex-dividend date was Monday, November 4th. This represents a $0.80 annualized dividend and a dividend yield of 2.43%. Five Star Bancorp’s dividend payout ratio (DPR) is presently 35.09%.

Insider Transactions at Five Star Bancorp

In other Five Star Bancorp news, SVP Michael Eugene Lee sold 1,500 shares of Five Star Bancorp stock in a transaction on Thursday, October 31st. The shares were sold at an average price of $30.67, for a total transaction of $46,005.00. Following the sale, the senior vice president now owns 36,765 shares of the company’s stock, valued at $1,127,582.55. The trade was a 3.92 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 25.57% of the company’s stock.

Five Star Bancorp Company Profile

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.