First US Bancshares (NASDAQ:FUSB) Share Price Passes Above 200-Day Moving Average – Here’s Why

Shares of First US Bancshares, Inc. (NASDAQ:FUSB) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $12.64 and traded as high as $13.50. First US Bancshares shares last traded at $13.45, with a volume of 1,593 shares.

First US Bancshares Price Performance

The company has a debt-to-equity ratio of 0.11, a current ratio of 0.91 and a quick ratio of 0.91. The company has a 50-day simple moving average of $13.21 and a 200-day simple moving average of $12.66. The stock has a market cap of $76.75 million, a PE ratio of 10.03 and a beta of 0.59.

First US Bancshares (NASDAQ:FUSB) last issued its earnings results on Monday, January 27th. The financial services provider reported $0.29 earnings per share for the quarter. First US Bancshares had a net margin of 13.21% and a return on equity of 8.61%.

First US Bancshares Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th were issued a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 2.10%. The ex-dividend date of this dividend was Friday, March 14th. First US Bancshares’s dividend payout ratio (DPR) is 21.05%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in FUSB. Geode Capital Management LLC lifted its stake in First US Bancshares by 13.6% in the 3rd quarter. Geode Capital Management LLC now owns 52,713 shares of the financial services provider’s stock valued at $611,000 after buying an additional 6,325 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in First US Bancshares during the third quarter worth approximately $125,000. Dimensional Fund Advisors LP increased its holdings in shares of First US Bancshares by 11.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 31,761 shares of the financial services provider’s stock worth $398,000 after buying an additional 3,176 shares during the last quarter. Finally, Northern Trust Corp raised its holdings in shares of First US Bancshares by 54.5% in the 4th quarter. Northern Trust Corp now owns 24,644 shares of the financial services provider’s stock worth $310,000 after purchasing an additional 8,690 shares during the period. Institutional investors and hedge funds own 18.74% of the company’s stock.

First US Bancshares Company Profile

First US Bancshares, Inc operates as the bank holding company for First US Bank that provides commercial banking products and services. The company offers non-interest-bearing demand deposits, savings accounts, NOW accounts, money market demand accounts, individual retirement accounts, and time deposits.