StockNews.com began to cover the shares of First financial savings group (NASDAQ: FSFG – Get a rating) in a note released Thursday to investors. The brokerage has set a “hold” rating on the bank’s shares.
Separately, Zacks Investment Research upgraded shares of First Savings Financial Group from a “sell” rating to a “hold” rating in a Tuesday, March 29 report.
Shares of Action FSFG opened at $24.63 on Thursday. The company has a market capitalization of $176.60 million, a price-earnings ratio of 8.64 and a beta of 0.79. First Savings Financial Group has a one-year minimum of $22.57 and a one-year maximum of $29.98. The company’s fifty-day moving average price is $25.09 and its 200-day moving average price is $26.16. The company has a debt ratio of 1.51, a current ratio of 1.05 and a quick ratio of 0.93.
First financial savings group (NASDAQ: FSFG – Get a rating) last reported quarterly earnings data on Monday, April 25. The bank reported EPS of $0.98 for the quarter, beating Thomson Reuters consensus estimate of $0.54 from $0.44. First Savings Financial Group posted a net margin of 15.08% and a return on equity of 11.34%. Equity research analysts expect First Savings Financial Group to post earnings per share of 2.92 for the current fiscal year.
In related news, director Frank Czeschin bought 3,000 shares of First Savings Financial Group in a trade on Thursday, April 28. The shares were purchased at an average cost of $24.91 per share, for a total transaction of $74,730.00. As a result of the acquisition, the administrator now owns 30,876 shares of the company, valued at approximately $769,121.16. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available via the SEC website. Insiders hold 14.26% of the company’s shares.
Several large investors have recently changed their holdings in FSFG. Copeland Capital Management LLC bought a new position in shares of First Savings Financial Group in Q4 worth $34,000. Royal Bank of Canada increased its stake in shares of First Savings Financial Group by 365.6% in the second quarter. Royal Bank of Canada now owns 759 shares of the bank worth $56,000 after buying an additional 596 shares last quarter. Geneos Wealth Management Inc. increased its stake in the shares of First Savings Financial Group by 200.0% in the 3rd quarter. Geneos Wealth Management Inc. now owns 2,052 shares of the bank worth $57,000 after buying 1,368 additional shares last quarter. Morgan Stanley increased its equity stake in First Savings Financial Group by 25.2% during the second quarter. Morgan Stanley now owns 820 shares of the bank worth $61,000 after buying an additional 165 shares during the period. Finally, UBS Group AG increased its equity stake in First Savings Financial Group by 1,239.3% during the third quarter. UBS Group AG now owns 3,000 shares in the bank worth $84,000 after purchasing an additional 2,776 shares during the period. 30.48% of the shares are held by institutional investors and hedge funds.
First Savings Financial Group Company Profile (Get a rating)
First Savings Financial Group, Inc operates as a bank holding company for First Savings Bank which 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 term deposits.
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