Insider Buying: First US Bancshares, Inc. (NASDAQ:FUSB) Director Purchases 1,500 Shares of Stock

First US Bancshares, Inc. (NASDAQ:FUSB) Director John Lee Mcphearson bought 1,500 shares of the stock in a transaction that occurred on Friday, February 28th. The shares were purchased at an average price of $8.23 per share, with a total value of $12,345.00. Following the purchase, the director now owns 1,500 shares of the company’s stock, valued at approximately $12,345. This represents a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website.

First US Bancshares Stock Up 1.2 %

First US Bancshares stock traded up $0.16 during midday trading on Friday, reaching $13.65. The company’s stock had a trading volume of 2,914 shares, compared to its average volume of 2,682. The company has a market cap of $78.02 million, a P/E ratio of 10.26 and a beta of 0.92. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.11. The business has a 50-day simple moving average of $12.89 and a 200-day simple moving average of $12.16. First US Bancshares, Inc. has a fifty-two week low of $8.66 and a fifty-two week high of $14.30.

First US Bancshares (NASDAQ:FUSB) last issued its earnings results on Monday, January 27th. The financial services provider reported $0.29 earnings per share for the quarter. First US Bancshares had a return on equity of 8.61% and a net margin of 13.21%.

First US Bancshares Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th will be given a dividend of $0.07 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.28 annualized dividend and a dividend yield of 2.05%. First US Bancshares’s dividend payout ratio is presently 21.05%.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Northern Trust Corp lifted its position in First US Bancshares by 54.5% in the fourth quarter. Northern Trust Corp now owns 24,644 shares of the financial services provider’s stock valued at $310,000 after acquiring an additional 8,690 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of First US Bancshares by 11.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 31,761 shares of the financial services provider’s stock worth $398,000 after purchasing an additional 3,176 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of First US Bancshares during the third quarter worth about $125,000. Finally, Geode Capital Management LLC lifted its holdings in shares of First US Bancshares by 13.6% in the 3rd quarter. Geode Capital Management LLC now owns 52,713 shares of the financial services provider’s stock valued at $611,000 after purchasing an additional 6,325 shares during the last quarter. Institutional investors and hedge funds own 18.74% of the company’s stock.

First US Bancshares Company Profile

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.