13,320 Shares in FB Bancorp, Inc. $FBLA Purchased by R Squared Ltd

R Squared Ltd purchased a new position in shares of FB Bancorp, Inc. (NASDAQ:FBLA) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 13,320 shares of the company’s stock, valued at approximately $150,000. R Squared Ltd owned about 0.07% of FB Bancorp as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. M3F Inc. bought a new stake in FB Bancorp in the first quarter worth about $130,000. PDT Partners LLC bought a new stake in FB Bancorp in the first quarter worth about $205,000. Focus Partners Advisor Solutions LLC bought a new stake in FB Bancorp in the first quarter worth about $225,000. Goldman Sachs Group Inc. raised its position in FB Bancorp by 43.3% in the first quarter. Goldman Sachs Group Inc. now owns 97,507 shares of the company’s stock worth $1,098,000 after acquiring an additional 29,452 shares during the period. Finally, BlackBarn Capital Partners LP raised its position in FB Bancorp by 51.2% in the first quarter. BlackBarn Capital Partners LP now owns 604,700 shares of the company’s stock worth $6,809,000 after acquiring an additional 204,700 shares during the period.

FB Bancorp Stock Performance

FB Bancorp stock opened at $11.98 on Monday. The firm’s 50 day simple moving average is $11.97 and its 200 day simple moving average is $11.53. 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, Inc. has a 1-year low of $9.81 and a 1-year high of $12.74.

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

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on FBLA shares. Wall Street Zen raised shares of FB Bancorp from a “sell” rating to a “hold” rating in a research report on Sunday. Weiss Ratings reissued a “sell (d-)” rating on shares of FB Bancorp in a research report on Saturday. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of “Sell”.

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.