FB Bancorp, Inc. $FBLA Shares Bought by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its position in FB Bancorp, Inc. (NASDAQ:FBLA) by 74.1% during the first quarter, HoldingsChannel.com reports. The firm owned 132,308 shares of the company’s stock after buying an additional 56,333 shares during the quarter. Dimensional Fund Advisors LP’s holdings in FB Bancorp were worth $1,818,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Russell Investments Group Ltd. purchased a new stake in shares of FB Bancorp during the 3rd quarter worth about $44,000. New York State Common Retirement Fund acquired a new stake in FB Bancorp during the 2nd quarter worth approximately $100,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in FB Bancorp in the second quarter valued at approximately $110,000. Occudo Quantitative Strategies LP purchased a new position in FB Bancorp in the second quarter valued at approximately $119,000. Finally, Raymond James Financial Inc. acquired a new position in FB Bancorp during the third quarter valued at approximately $120,000.

Wall Street Analyst Weigh In

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, According to data from MarketBeat, the company has a consensus rating of “Sell”.

FB Bancorp Stock Up 0.3%

Shares of NASDAQ FBLA opened at $15.71 on Friday. FB Bancorp, Inc. has a 12-month low of $11.36 and a 12-month high of $15.98. The company has a market cap of $253.87 million, a P/E ratio of -1,569.43 and a beta of -0.08. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.32. The stock has a fifty day moving average price of $15.10 and a 200 day moving average price of $14.15.

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

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.