San Francisco Sentry Investment Group CA Invests $1.38 Million in FNB Bancorp (FNBG)
San Francisco Sentry Investment Group CA purchased a new stake in FNB Bancorp (OTCMKTS:FNBG) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 50,404 shares of the financial services provider’s stock, valued at approximately $1,384,000. San Francisco Sentry Investment Group CA owned approximately 0.68% of FNB Bancorp at the end of the most recent reporting period.
Several other institutional investors have also bought and sold shares of FNBG. New York State Common Retirement Fund purchased a new position in FNB Bancorp in the second quarter valued at about $157,000. Acadian Asset Management LLC acquired a new stake in shares of FNB Bancorp during the 2nd quarter valued at approximately $211,000. Wedbush Securities Inc. acquired a new stake in shares of FNB Bancorp during the 2nd quarter valued at approximately $233,000. Schwab Charles Investment Management Inc. purchased a new stake in shares of FNB Bancorp during the 2nd quarter worth approximately $239,000. Finally, Round Hill Asset Management purchased a new stake in shares of FNB Bancorp during the 2nd quarter worth approximately $253,000. Hedge funds and other institutional investors own 5.43% of the company’s stock.
Shares of FNB Bancorp (FNBG) traded down 0.32% during mid-day trading on Wednesday, hitting $34.17. 5,655 shares of the company’s stock traded hands. The stock has a market cap of $251.56 million, a P/E ratio of 21.57 and a beta of 0.26. The stock has a 50 day moving average price of $31.32 and a 200-day moving average price of $28.36. FNB Bancorp has a 1-year low of $19.97 and a 1-year high of $34.35.
FNB Bancorp (OTCMKTS:FNBG) last released its earnings results on Monday, July 24th. The financial services provider reported $0.44 EPS for the quarter. FNB Bancorp had a net margin of 26.93% and a return on equity of 11.53%. The business had revenue of $12.44 million for the quarter.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 15th. Stockholders of record on Tuesday, October 31st will be issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 1.52%. This is an increase from FNB Bancorp’s previous quarterly dividend of $0.12. The ex-dividend date is Monday, October 30th. FNB Bancorp’s dividend payout ratio is currently 30.13%.
FNB Bancorp Profile
FNB Bancorp is a bank holding company. The Company, through its subsidiary, First National Bank of Northern California (the Bank), a national banking association provides traditional banking services. The Bank operates approximately 12 full service banking offices in the cities of Daly City, South San Francisco, Millbrae, Pacifica, Half Moon Bay, San Mateo, Redwood City, Pescadero, San Francisco and Sunnyvale.
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