FB Bancorp (NASDAQ:FBLA) Raised to “Hold” at Wall Street Zen

FB Bancorp (NASDAQ:FBLA) was upgraded by investment analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued to investors on Saturday.

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of FB Bancorp in a research note on Thursday. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

FB Bancorp Stock Performance

Shares of FB Bancorp stock opened at $12.30 on Friday. FB Bancorp has a 12 month low of $9.81 and a 12 month high of $12.74. The company has a quick ratio of 0.98, a current ratio of 1.03 and a debt-to-equity ratio of 0.19. The business has a fifty day simple moving average of $12.07 and a 200-day simple moving average of $11.68. The stock has a market cap of $244.03 million and a PE ratio of 136.67.

FB Bancorp (NASDAQ:FBLA) last posted its quarterly earnings data on Wednesday, November 12th. The company reported $0.06 earnings per share for the quarter. FB Bancorp had a negative net margin of 3.08% and a negative return on equity of 0.81%. The company had revenue of $18.74 million during the quarter.

Institutional Trading of FB Bancorp

Institutional investors have recently bought and sold shares of the business. BlackBarn Capital Partners LP grew its stake in FB Bancorp by 51.2% during the first quarter. BlackBarn Capital Partners LP now owns 604,700 shares of the company’s stock worth $6,809,000 after buying an additional 204,700 shares in the last quarter. M3F Inc. acquired a new position in FB Bancorp in the 1st quarter valued at approximately $130,000. Focus Partners Advisor Solutions LLC bought a new position in FB Bancorp during the 1st quarter worth $225,000. PDT Partners LLC acquired a new position in shares of FB Bancorp in the first quarter worth approximately $205,000. Finally, Goldman Sachs Group Inc. lifted its position in shares of FB Bancorp by 43.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 97,507 shares of the company’s stock worth $1,098,000 after purchasing an additional 29,452 shares during the period.

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.