FB Bancorp, Inc. $FBLA Shares Sold by M3F Inc.

M3F Inc. reduced its stake in FB Bancorp, Inc. (NASDAQ:FBLA) by 18.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 254,832 shares of the company’s stock after selling 58,898 shares during the period. FB Bancorp makes up about 0.9% of M3F Inc.’s investment portfolio, making the stock its 22nd biggest holding. M3F Inc. owned approximately 1.28% of FB Bancorp worth $3,063,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Police & Firemen s Retirement System of New Jersey bought a new stake in FB Bancorp during the second quarter valued at $60,000. New York State Common Retirement Fund purchased a new stake in FB Bancorp during the second quarter valued at about $100,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of FB Bancorp during the second quarter valued at $110,000. Occudo Quantitative Strategies LP acquired a new stake in FB Bancorp during the second quarter valued at $119,000. Finally, American Century Companies Inc. bought a new stake in shares of FB Bancorp in the 2nd quarter valued at approximately $123,000.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on FBLA shares. Weiss Ratings restated a “sell (d)” rating on shares of FB Bancorp in a research note on Monday, December 29th. Wall Street Zen upgraded shares of FB Bancorp from a “sell” rating to a “hold” rating in a research report on Saturday, November 15th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of “Sell”.

FB Bancorp Stock Down 0.8%

NASDAQ:FBLA opened at $13.17 on Friday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.98 and a current ratio of 1.03. FB Bancorp, Inc. has a 52-week low of $9.81 and a 52-week high of $14.00. The stock has a 50-day simple moving average of $13.11 and a 200 day simple moving average of $12.52. The company has a market cap of $261.29 million, a PE ratio of 87.80 and a beta of 0.11.

FB Bancorp (NASDAQ:FBLA) last posted its quarterly earnings results on Wednesday, February 18th. The company reported ($0.08) earnings per share for the quarter. The company had revenue of $12.77 million for the quarter. FB Bancorp had a negative return on equity of 0.81% and a negative net margin of 3.08%.

FB Bancorp 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.