StockNews.com started coverage on shares of First Savings Financial Group (NASDAQ:FSFG – Get Rating) in a report issued on Sunday. The firm issued a hold rating on the bank's stock.

First Savings Financial Group Trading Up 0.7 %

First Savings Financial Group stock opened at $23.30 on Friday. The company's fifty day simple moving average is $23.45 and its 200-day simple moving average is $24.19. The company has a quick ratio of 0.96, a current ratio of 1.10 and a debt-to-equity ratio of 2.68. First Savings Financial Group has a 12 month low of $22.65 and a 12 month high of $29.98. The stock has a market cap of $165.22 million, a P/E ratio of 8.89 and a beta of 0.73.

First Savings Financial Group (NASDAQ:FSFG – Get Rating) last released its quarterly earnings data 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). First Savings Financial Group had a net margin of 14.54% and a return on equity of 10.55%. The business had revenue of $25.94 million during the quarter, compared to analyst estimates of $28.80 million. As a group, sell-side analysts forecast that First Savings Financial Group will post 2.67 EPS for the current fiscal year.

First Savings Financial Group Announces Dividend

Insider Activity

In other news, CFO Anthony A. Schoen sold 16,629 shares of the company's stock in a transaction dated Wednesday, September 14th. The shares were 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 of the company's stock, valued at $2,141,296.35. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 14.26% of the stock is owned by company insiders.

Institutional Trading of First Savings Financial Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Renaissance Technologies LLC grew its stake in First Savings Financial Group by 5.0% during the second quarter. Renaissance Technologies LLC now owns 16,700 shares of the bank's stock worth $400,000 after buying an additional 800 shares during the last quarter. NewEdge Advisors LLC bought a new stake in First Savings Financial Group during the first quarter worth about $472,000. State Street Corp grew its stake in shares of First Savings Financial Group by 8.2% during the first quarter. State Street Corp now owns 24,583 shares of the bank's stock valued at $603,000 after purchasing an additional 1,853 shares during the last quarter. BNP Paribas Arbitrage SA grew its stake in shares of First Savings Financial Group by 5,979.6% during the first quarter. BNP Paribas Arbitrage SA now owns 5,654 shares of the bank's stock valued at $818,000 after purchasing an additional 5,561 shares during the last quarter. Finally, Strategic Value Bank Partners LLC bought a new stake in shares of First Savings Financial Group during the second quarter valued at approximately $1,152,000. Institutional investors own 26.38% of the company's 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.

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