FB Bancorp (NASDAQ:FBLA) Upgraded to Hold at Wall Street Zen

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

Separately, Weiss Ratings reaffirmed 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, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.

FB Bancorp Stock Up 0.4%

FB Bancorp stock traded up $0.05 during midday trading on Friday, reaching $12.30. The company’s stock had a trading volume of 167,245 shares, compared to its average volume of 66,102. The business has a 50-day simple moving average of $12.07 and a 200-day simple moving average of $11.68. FB Bancorp has a fifty-two week low of $9.81 and a fifty-two week high of $12.74. The company has a quick ratio of 1.04, a current ratio of 1.03 and a debt-to-equity ratio of 0.19. The company has a market cap of $244.03 million and a P/E ratio of 136.67.

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

Institutional Trading of FB Bancorp

Several large investors have recently added to or reduced their stakes in the company. Russell Investments Group Ltd. bought a new position in FB Bancorp in the 3rd quarter worth approximately $44,000. Police & Firemen s Retirement System of New Jersey bought a new stake in FB Bancorp during the 2nd quarter worth approximately $60,000. New York State Common Retirement Fund acquired a new position in FB Bancorp in the 2nd quarter worth $100,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in FB Bancorp in the 2nd quarter valued at approximately $110,000. Finally, Occudo Quantitative Strategies LP acquired a new position in FB Bancorp during the second quarter valued at approximately $119,000.

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.