First US Bancshares (NASDAQ:FUSB) Shares Cross Below 200 Day Moving Average of $8.46

Shares of First US Bancshares, Inc. (NASDAQ:FUSB – Get Rating) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $8.46 and traded as low as $6.92. First US Bancshares shares last traded at $7.10, with a volume of 7,062 shares traded.

Analyst Upgrades and Downgrades

Separately, TheStreet lowered First US Bancshares from a “b” rating to a “c+” rating in a research report on Thursday, March 23rd.

First US Bancshares Trading Up 2.8 %

The stock has a market capitalization of $41.65 million, a P/E ratio of 5.96 and a beta of 1.06. The stock has a 50-day moving average price of $7.42 and a two-hundred day moving average price of $8.46. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.90 and a current ratio of 0.90.

First US Bancshares Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 3rd. Stockholders of record on Friday, March 10th were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.82%. The ex-dividend date of this dividend was Thursday, March 9th. First US Bancshares’s payout ratio is presently 16.81%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. BlackRock Inc. lifted its stake in shares of First US Bancshares by 12.0% in the 1st quarter. BlackRock Inc. now owns 22,483 shares of the financial services provider’s stock valued at $262,000 after purchasing an additional 2,411 shares during the period. Jane Street Group LLC purchased a new position in shares of First US Bancshares in the 1st quarter valued at approximately $132,000. UBS Group AG lifted its stake in shares of First US Bancshares by 1,891.8% in the 3rd quarter. UBS Group AG now owns 4,382 shares of the financial services provider’s stock valued at $35,000 after purchasing an additional 4,162 shares during the period. Pinnacle Holdings LLC lifted its stake in shares of First US Bancshares by 10.4% in the 1st quarter. Pinnacle Holdings LLC now owns 56,809 shares of the financial services provider’s stock valued at $425,000 after purchasing an additional 5,363 shares during the period. Finally, Gendell Jeffrey L raised its stake in First US Bancshares by 2.5% during the fourth quarter. Gendell Jeffrey L now owns 289,691 shares of the financial services provider’s stock valued at $2,515,000 after buying an additional 7,176 shares during the last quarter. Hedge funds and other institutional investors own 18.47% of the company’s stock.

About First US Bancshares

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First US Bancshares, Inc operates as a holding company for First U.S. Bank. It provides services including receipt of demand, savings, individual retirement account and time deposits, personal and commercial loans, safe deposit box services and remote deposit capture through its subsidiary. The company was founded in 1981 and is headquartered in Birmingham, AL.