Renaissance Technologies LLC Raises Holdings in FB Bancorp, Inc. $FBLA

Renaissance Technologies LLC lifted its position in shares of FB Bancorp, Inc. (NASDAQ:FBLA) by 31.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 266,500 shares of the company’s stock after buying an additional 63,600 shares during the quarter. Renaissance Technologies LLC owned approximately 1.55% of FB Bancorp worth $3,662,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in FBLA. Rhumbline Advisers bought a new stake in shares of FB Bancorp in the second quarter valued at about $192,000. Trexquant Investment LP bought a new position in FB Bancorp during the 4th quarter worth about $173,000. First Trust Advisors LP bought a new position in FB Bancorp during the 2nd quarter worth about $142,000. Russell Investments Group Ltd. increased its position in FB Bancorp by 185.4% during the 4th quarter. Russell Investments Group Ltd. now owns 10,563 shares of the company’s stock valued at $136,000 after purchasing an additional 6,862 shares during the period. Finally, XTX Topco Ltd purchased a new position in FB Bancorp during the 4th quarter valued at about $130,000.

FB Bancorp Stock Performance

Shares of FB Bancorp stock opened at $15.62 on Friday. The company has a market capitalization of $252.42 million, a PE ratio of -1,560.44 and a beta of -0.08. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.94 and a current ratio of 0.94. The company has a 50-day simple moving average of $14.97 and a two-hundred day simple moving average of $14.06. FB Bancorp, Inc. has a one year low of $11.22 and a one year high of $15.98.

FB Bancorp (NASDAQ:FBLA) last released its quarterly earnings results on Tuesday, July 28th. The company reported $0.05 EPS for the quarter. FB Bancorp had a negative net margin of 0.36% and a positive return on equity of 0.88%. The business had revenue of $14.14 million during the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of FB Bancorp in a research report on Wednesday, July 29th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell”.

FB Bancorp Company Profile

FB Bancorp Inc operates as a bank holding company for Fidelity Bank. The Company, through its subsidiaries, provides deposit accounts, mortgages, home equity and consumer loans, credit and debit cards, online and mobile banking, investments and other financial services. FB Bancorp Inc is based in New Orleans.