Fifth District Bancorp (NASDAQ:FDSB) Trading Down 1.2% – What’s Next?

Fifth District Bancorp, Inc. (NASDAQ:FDSB)’s share price fell 1.2% during trading on Wednesday . The stock traded as low as $12.07 and last traded at $12.23. 1,055 shares traded hands during trading, a decline of 96% from the average session volume of 24,940 shares. The stock had previously closed at $12.37.

Fifth District Bancorp Stock Performance

The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.04 and a current ratio of 1.04. The firm has a 50 day moving average price of $12.30 and a 200 day moving average price of $12.42.

Fifth District Bancorp (NASDAQ:FDSB) last issued its quarterly earnings data on Tuesday, May 13th. The company reported $0.02 earnings per share for the quarter. Fifth District Bancorp had a return on equity of 0.12% and a net margin of 0.62%. The company had revenue of $3.20 million for the quarter.

Institutional Investors Weigh In On Fifth District Bancorp

A number of institutional investors have recently added to or reduced their stakes in FDSB. Orleans Capital Management Corp LA acquired a new stake in Fifth District Bancorp in the fourth quarter worth about $129,000. Beacon Pointe Advisors LLC purchased a new position in Fifth District Bancorp during the fourth quarter valued at approximately $139,000. Arcus Capital Partners LLC purchased a new stake in shares of Fifth District Bancorp in the first quarter valued at approximately $148,000. Alliancebernstein L.P. increased its position in shares of Fifth District Bancorp by 21.9% in the fourth quarter. Alliancebernstein L.P. now owns 25,578 shares of the company’s stock valued at $323,000 after buying an additional 4,588 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in shares of Fifth District Bancorp by 1.9% during the fourth quarter. Geode Capital Management LLC now owns 48,333 shares of the company’s stock worth $612,000 after purchasing an additional 891 shares in the last quarter.

About Fifth District Bancorp

Fifth District Bancorp, Inc is the holding company for Fifth District Savings Bank which provide all banking services. Fifth District Bancorp, Inc is based in NEW ORLEANS.