FB Bancorp (NASDAQ:FBLA) Downgraded by Wall Street Zen to Sell

Wall Street Zen cut shares of FB Bancorp (NASDAQ:FBLA) from a hold rating to a sell rating in a report published on Saturday morning.

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of FB Bancorp in a research note on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.

FB Bancorp Stock Performance

NASDAQ:FBLA opened at $11.69 on Friday. The company has a quick ratio of 1.04, a current ratio of 1.07 and a debt-to-equity ratio of 0.20. FB Bancorp has a twelve month low of $9.81 and a twelve month high of $12.74. The stock’s 50 day moving average price is $11.93 and its two-hundred day moving average price is $11.46.

FB Bancorp (NASDAQ:FBLA) last issued its earnings results on Thursday, August 14th. The company reported $0.05 EPS for the quarter. FB Bancorp had a negative return on equity of 1.62% and a negative net margin of 5.40%.The company had revenue of $18.11 million during the quarter.

Institutional Trading of FB Bancorp

Institutional investors have recently added to or reduced their stakes in the company. BlackBarn Capital Partners LP boosted its stake in FB Bancorp by 51.2% in the 1st quarter. BlackBarn Capital Partners LP now owns 604,700 shares of the company’s stock valued at $6,809,000 after purchasing an additional 204,700 shares during the period. Goldman Sachs Group Inc. boosted its stake in FB Bancorp by 43.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 97,507 shares of the company’s stock valued at $1,098,000 after purchasing an additional 29,452 shares during the period. Focus Partners Advisor Solutions LLC bought a new stake in FB Bancorp in the 1st quarter valued at $225,000. PDT Partners LLC bought a new stake in FB Bancorp in the 1st quarter valued at $205,000. Finally, M3F Inc. bought a new stake in FB Bancorp in the 1st quarter valued at $130,000.

About FB Bancorp

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.