FB Bancorp, Inc. $FBLA Shares Purchased by Renaissance Technologies LLC

Renaissance Technologies LLC increased its holdings in shares of FB Bancorp, Inc. (NASDAQ:FBLA) by 31.3% during the 1st quarter, Holdings Channel reports. The institutional investor owned 266,500 shares of the company’s stock after purchasing an additional 63,600 shares during the period. Renaissance Technologies LLC’s holdings in FB Bancorp were worth $3,662,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in FBLA. Russell Investments Group Ltd. purchased a new stake in FB Bancorp in the third quarter valued at about $44,000. New York State Common Retirement Fund purchased a new stake in shares of FB Bancorp during the second quarter worth about $100,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of FB Bancorp during the second quarter valued at about $110,000. Raymond James Financial Inc. acquired a new position in shares of FB Bancorp during the third quarter valued at about $120,000. Finally, XTX Topco Ltd purchased a new position in shares of FB Bancorp in the 4th quarter valued at approximately $130,000.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d+)” rating on shares of FB Bancorp in a research note on Wednesday, July 29th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, FB Bancorp presently has an average rating of “Sell”.

FB Bancorp Stock Up 0.6%

FBLA stock opened at $15.62 on Friday. The company has a market capitalization of $252.42 million, a P/E ratio of -1,560.44 and a beta of -0.08. FB Bancorp, Inc. has a 12 month low of $11.22 and a 12 month high of $15.98. The firm’s fifty day simple moving average is $14.97 and its 200-day simple moving average is $14.06. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.94 and a quick ratio of 0.94.

FB Bancorp (NASDAQ:FBLA) last issued its earnings results on Tuesday, July 28th. The company reported $0.05 earnings per share (EPS) for the quarter. The firm had revenue of $14.14 million during the quarter. FB Bancorp had a negative net margin of 0.36% and a positive return on equity of 0.88%.

FB Bancorp Profile

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.