Robert Field Purchases 1,000 Shares of First Us Bancsh (NASDAQ:FUSB) Stock

First Us Bancsh (NASDAQ:FUSB) Director Robert Field bought 1,000 shares of the business’s stock in a transaction on Monday, December 1st. The stock was bought at an average cost of $13.61 per share, with a total value of $13,610.00. Following the transaction, the director owned 8,000 shares in the company, valued at $108,880. This trade represents a 14.29% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link.

First Us Bancsh Stock Performance

FUSB traded up $0.24 during mid-day trading on Tuesday, reaching $13.70. 2,656 shares of the company traded hands, compared to its average volume of 9,346. The company’s fifty day moving average price is $12.86 and its 200-day moving average price is $12.69. The stock has a market capitalization of $79.05 million, a P/E ratio of 14.47 and a beta of 0.29. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.10. First Us Bancsh has a 52-week low of $10.30 and a 52-week high of $14.30.

First Us Bancsh (NASDAQ:FUSB) last released its quarterly earnings results on Wednesday, October 29th. The financial services provider reported $0.32 earnings per share (EPS) for the quarter. The firm had revenue of $10.52 million for the quarter. First Us Bancsh had a return on equity of 5.49% and a net margin of 8.98%.

First Us Bancsh Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, January 2nd. Shareholders of record on Friday, December 12th will be paid a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Friday, December 12th. First Us Bancsh’s payout ratio is currently 30.11%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of First Us Bancsh in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Hedge Funds Weigh In On First Us Bancsh

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Geode Capital Management LLC grew its holdings in First Us Bancsh by 2.8% during the second quarter. Geode Capital Management LLC now owns 56,964 shares of the financial services provider’s stock valued at $735,000 after purchasing an additional 1,526 shares during the period. Gendell Jeffrey L lifted its position in shares of First Us Bancsh by 4.2% during the 2nd quarter. Gendell Jeffrey L now owns 377,741 shares of the financial services provider’s stock valued at $4,873,000 after buying an additional 15,301 shares in the last quarter. Finally, Bank of America Corp DE lifted its position in shares of First Us Bancsh by 37.3% during the 3rd quarter. Bank of America Corp DE now owns 16,056 shares of the financial services provider’s stock valued at $193,000 after buying an additional 4,365 shares in the last quarter. 18.74% of the stock is currently owned by hedge funds and other institutional investors.

About First Us Bancsh

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.