Shares of FS Bancorp, Inc. (NASDAQ:FSBW) have received an average broker rating score of 2.00 (Buy) from the three analysts that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold recommendation, one has issued a buy recommendation and one has assigned a strong buy recommendation to the company. FS Bancorp’s rating score has declined by 33.3% from 90 days ago as a result of a number of analysts’ upgrades and downgrades.

Analysts have set a 1-year consensus price target of $57.00 for the company and are predicting that the company will post $0.90 EPS for the current quarter, according to Zacks. Zacks has also given FS Bancorp an industry rank of 168 out of 265 based on the ratings given to its competitors.

A number of equities research analysts recently commented on FSBW shares. DA Davidson started coverage on FS Bancorp in a research report on Tuesday, September 12th. They set a “neutral” rating and a $52.00 price target on the stock. Zacks Investment Research raised FS Bancorp from a “hold” rating to a “strong-buy” rating and set a $52.00 price objective on the stock in a report on Wednesday, August 2nd.

A number of large investors have recently bought and sold shares of FSBW. Cambridge Investment Research Advisors Inc. lifted its stake in shares of FS Bancorp by 0.5% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 6,042 shares of the bank’s stock valued at $271,000 after purchasing an additional 30 shares during the period. Seizert Capital Partners LLC lifted its stake in shares of FS Bancorp by 4.9% in the 2nd quarter. Seizert Capital Partners LLC now owns 16,855 shares of the bank’s stock valued at $757,000 after purchasing an additional 789 shares during the period. LSV Asset Management lifted its stake in shares of FS Bancorp by 5.4% in the 2nd quarter. LSV Asset Management now owns 17,512 shares of the bank’s stock valued at $781,000 after purchasing an additional 900 shares during the period. Vanguard Group Inc. lifted its stake in shares of FS Bancorp by 4.6% in the 2nd quarter. Vanguard Group Inc. now owns 65,698 shares of the bank’s stock valued at $2,932,000 after purchasing an additional 2,894 shares during the period. Finally, Context BH Capital Management LP lifted its stake in shares of FS Bancorp by 8.5% in the 2nd quarter. Context BH Capital Management LP now owns 42,343 shares of the bank’s stock valued at $1,853,000 after purchasing an additional 3,322 shares during the period. 31.27% of the stock is currently owned by hedge funds and other institutional investors.

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The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 22nd. Shareholders of record on Thursday, November 9th will be issued a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a yield of 0.78%. The ex-dividend date is Wednesday, November 8th. FS Bancorp’s dividend payout ratio is 10.50%.

About FS Bancorp

FS Bancorp, Inc is a holding company for 1st Security Bank of Washington (the Bank). The Company is a diversified lender with a focus on the origination of indirect home improvement loans, also referred to as fixture secured loans, commercial real estate mortgage loans, home loans, commercial business loans and second mortgage and home equity loan products.

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