Rafferty Asset Management LLC Sells 12,481 Shares of Premier Financial Corp. (NASDAQ:PFC)

Rafferty Asset Management LLC cut its position in Premier Financial Corp. (NASDAQ:PFC) by 30.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,421 shares of the company’s stock after selling 12,481 shares during the quarter. Rafferty Asset Management LLC owned about 0.08% of Premier Financial worth $727,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Millennium Management LLC grew its stake in shares of Premier Financial by 73.2% in the fourth quarter. Millennium Management LLC now owns 76,384 shares of the company’s stock valued at $1,953,000 after buying an additional 32,292 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Premier Financial by 3.4% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,119 shares of the company’s stock valued at $514,000 after buying an additional 665 shares in the last quarter. Deutsche Bank AG grew its stake in shares of Premier Financial by 52.2% in the fourth quarter. Deutsche Bank AG now owns 32,455 shares of the company’s stock valued at $830,000 after buying an additional 11,131 shares in the last quarter. Bridgeway Capital Management LLC grew its stake in shares of Premier Financial by 2.6% in the fourth quarter. Bridgeway Capital Management LLC now owns 172,930 shares of the company’s stock valued at $4,422,000 after buying an additional 4,447 shares in the last quarter. Finally, BNP Paribas Financial Markets bought a new position in shares of Premier Financial in the fourth quarter valued at $106,000. 66.14% of the stock is owned by institutional investors.

Premier Financial Price Performance

NASDAQ:PFC opened at $28.04 on Friday. Premier Financial Corp. has a 1-year low of $18.63 and a 1-year high of $29.64. The company has a current ratio of 0.95, a quick ratio of 0.93 and a debt-to-equity ratio of 0.42. The firm has a fifty day simple moving average of $28.04 and a 200 day simple moving average of $27.57. The stock has a market capitalization of $1.00 billion, a PE ratio of 14.09 and a beta of 1.28.

Premier Financial Profile

Premier Financial Corp., through its subsidiaries, provides various banking services. It offers demand, checking, money market, and savings accounts, as well as certificates of deposits and certificates of deposit account registry service; and investment products. The company also provides residential and commercial real estate, commercial, construction, home improvement and home equity, installment, and consumer loans.