First Savings Financial Group Inc (NASDAQ:FSFG) Director Steven R. Stemler purchased 241 shares of First Savings Financial Group stock in a transaction dated Monday, March 11th. The stock was acquired at an average price of $53.07 per share, with a total value of $12,789.87. Following the acquisition, the director now owns 241 shares in the company, valued at approximately $12,789.87. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Shares of NASDAQ:FSFG traded up $0.28 during trading hours on Thursday, hitting $53.28. The company’s stock had a trading volume of 12 shares, compared to its average volume of 2,221. First Savings Financial Group Inc has a 52 week low of $45.36 and a 52 week high of $74.50. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.94 and a current ratio of 0.98. The firm has a market cap of $122.80 million, a P/E ratio of 10.72 and a beta of 0.30.
First Savings Financial Group (NASDAQ:FSFG) last issued its quarterly earnings data on Tuesday, January 29th. The bank reported $1.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.08 by $0.16. First Savings Financial Group had a net margin of 17.18% and a return on equity of 11.83%. The firm had revenue of $15.36 million for the quarter.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 29th. Stockholders of record on Friday, March 8th will be given a $0.16 dividend. The ex-dividend date is Thursday, March 7th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.20%. This is an increase from First Savings Financial Group’s previous quarterly dividend of $0.15.
Institutional investors have recently modified their holdings of the company. Renaissance Technologies LLC purchased a new position in shares of First Savings Financial Group in the 3rd quarter worth approximately $225,000. Northern Trust Corp purchased a new position in shares of First Savings Financial Group in the 2nd quarter worth approximately $328,000. Geode Capital Management LLC grew its position in shares of First Savings Financial Group by 13.8% in the 4th quarter. Geode Capital Management LLC now owns 7,342 shares of the bank’s stock worth $381,000 after buying an additional 891 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of First Savings Financial Group by 15.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 9,081 shares of the bank’s stock worth $620,000 after buying an additional 1,215 shares during the last quarter. Finally, Alliancebernstein L.P. grew its position in shares of First Savings Financial Group by 17.3% in the 3rd quarter. Alliancebernstein L.P. now owns 34,793 shares of the bank’s stock worth $2,376,000 after buying an additional 5,131 shares during the last quarter. 24.95% of the stock is currently owned by hedge funds and other institutional investors.
Separately, Maxim Group restated a “buy” rating and issued a $75.00 price target on shares of First Savings Financial Group in a report on Tuesday, November 20th.
About First Savings Financial Group
First Savings Financial Group, Inc operates as the holding company for First Savings Bank that provides various banking products and services to consumers and businesses in southern Indiana. The company operates through Core Banking and SBA Lending segments. It accepts deposits, such as checking accounts, NOW and money market accounts, regular savings accounts, and time deposits.
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