Premier Financial Bancorp, Inc. (NASDAQ:PFBI) Director Philip E. Cline acquired 2,000 shares of the business’s stock in a transaction on Friday, March 15th. The stock was acquired at an average cost of $15.48 per share, with a total value of $30,960.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Shares of NASDAQ:PFBI traded up $0.28 during midday trading on Friday, hitting $15.55. The stock had a trading volume of 48,482 shares, compared to its average volume of 17,719. The stock has a market capitalization of $225.15 million, a PE ratio of 10.79 and a beta of 0.67. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.05. Premier Financial Bancorp, Inc. has a fifty-two week low of $14.07 and a fifty-two week high of $21.40.
Premier Financial Bancorp (NASDAQ:PFBI) last issued its earnings results on Wednesday, March 6th. The bank reported $0.39 EPS for the quarter. The company had revenue of $18.56 million during the quarter. Premier Financial Bancorp had a net margin of 26.92% and a return on equity of 10.86%.
The company also recently announced a quarterly dividend, which will be paid on Friday, March 29th. Stockholders of record on Friday, March 15th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 3.86%. The ex-dividend date of this dividend is Thursday, March 14th.
Large investors have recently modified their holdings of the company. EJF Capital LLC acquired a new position in Premier Financial Bancorp during the 4th quarter worth approximately $161,000. Bank of America Corp DE increased its position in Premier Financial Bancorp by 39.4% in the 4th quarter. Bank of America Corp DE now owns 10,949 shares of the bank’s stock valued at $163,000 after acquiring an additional 3,094 shares during the period. Rhumbline Advisers increased its position in Premier Financial Bancorp by 12.9% in the 4th quarter. Rhumbline Advisers now owns 17,599 shares of the bank’s stock valued at $262,000 after acquiring an additional 2,013 shares during the period. Wells Fargo & Company MN increased its position in Premier Financial Bancorp by 58.8% in the 3rd quarter. Wells Fargo & Company MN now owns 28,421 shares of the bank’s stock valued at $526,000 after acquiring an additional 10,519 shares during the period. Finally, Wesbanco Bank Inc. acquired a new position in Premier Financial Bancorp in the 4th quarter valued at approximately $561,000. Institutional investors own 30.73% of the company’s stock.
Separately, ValuEngine upgraded shares of Premier Financial Bancorp from a “sell” rating to a “hold” rating in a research report on Wednesday, January 2nd.
Premier Financial Bancorp Company Profile
Premier Financial Bancorp, Inc, a multi-bank holding company, provides community banking services to individuals and small-to-medium sized businesses. The company accepts various deposit products, including checking, NOW, savings, money market, club, individual retirement, and overdraft protection accounts, as well as certificates of deposit.
Read More: Net Margin
Receive News & Ratings for Premier Financial Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Premier Financial Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.