Anthony A. Schoen Sells 16,629 Shares of First Savings Financial Group, Inc. (NASDAQ:FSFG) Stock

First Savings Financial Group, Inc. (NASDAQ:FSFGGet Rating) CFO Anthony A. Schoen sold 16,629 shares of the company’s stock in a transaction that occurred on Wednesday, September 14th. The stock was sold at an average price of $22.85, for a total transaction of $379,972.65. Following the completion of the transaction, the chief financial officer now owns 93,711 shares in the company, valued at $2,141,296.35. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

First Savings Financial Group Stock Up 3.2 %

Shares of FSFG opened at $23.56 on Friday. The firm has a market cap of $167.06 million, a P/E ratio of 8.99 and a beta of 0.73. The stock has a 50 day simple moving average of $23.45 and a two-hundred day simple moving average of $24.23. The company has a debt-to-equity ratio of 2.68, a current ratio of 1.10 and a quick ratio of 0.96. First Savings Financial Group, Inc. has a 1 year low of $22.65 and a 1 year high of $29.98.

First Savings Financial Group (NASDAQ:FSFGGet Rating) last issued its earnings results on Monday, July 25th. The bank reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by ($0.29). The firm had revenue of $25.94 million during the quarter, compared to analysts’ expectations of $28.80 million. First Savings Financial Group had a return on equity of 10.55% and a net margin of 14.54%. On average, analysts forecast that First Savings Financial Group, Inc. will post 2.67 earnings per share for the current fiscal year.

First Savings Financial Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 30th. Stockholders of record on Friday, September 16th will be paid a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 2.21%. The ex-dividend date is Thursday, September 15th. First Savings Financial Group’s dividend payout ratio (DPR) is presently 19.85%.

Institutional Trading of First Savings Financial Group

A number of institutional investors have recently made changes to their positions in FSFG. Renaissance Technologies LLC raised its holdings in shares of First Savings Financial Group by 5.0% during the second quarter. Renaissance Technologies LLC now owns 16,700 shares of the bank’s stock valued at $400,000 after acquiring an additional 800 shares in the last quarter. NewEdge Advisors LLC purchased a new stake in shares of First Savings Financial Group during the first quarter valued at $472,000. State Street Corp boosted its position in First Savings Financial Group by 8.2% in the first quarter. State Street Corp now owns 24,583 shares of the bank’s stock worth $603,000 after purchasing an additional 1,853 shares during the last quarter. BNP Paribas Arbitrage SA boosted its position in First Savings Financial Group by 5,979.6% in the first quarter. BNP Paribas Arbitrage SA now owns 5,654 shares of the bank’s stock worth $818,000 after purchasing an additional 5,561 shares during the last quarter. Finally, Strategic Value Bank Partners LLC purchased a new position in shares of First Savings Financial Group during the 2nd quarter valued at about $1,152,000. Hedge funds and other institutional investors own 26.38% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on shares of First Savings Financial Group in a research report on Saturday, September 10th. They issued a “hold” rating on the stock.

About First Savings Financial Group

(Get Rating)

First Savings Financial Group, Inc operates as the bank holding company for First Savings Bank that provides various financial services to consumers and businesses in southern Indiana. The company operates through three segments: Core Banking, SBA Lending, and Mortgage Banking. It accepts deposits, such as checking accounts, NOW and money market accounts, regular savings accounts, and time deposits.

Further Reading

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