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

Defense World · Sep 17, 2022 04:51

First Savings Financial Group, Inc. (NASDAQ:FSFG – Get Rating) CFO Anthony A. Schoen sold 16,629 shares of First Savings Financial Group stock in a transaction on 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 sale, the chief financial officer now directly owns 93,711 shares of the company's stock, valued at approximately $2,141,296.35. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

First Savings Financial Group Price Performance

FSFG opened at $23.56 on Friday. The company has a debt-to-equity ratio of 2.68, a current ratio of 1.10 and a quick ratio of 0.96. The company has a market capitalization of $167.06 million, a price-to-earnings ratio of 8.99 and a beta of 0.73. The firm's fifty day moving average price is $23.45 and its two-hundred day moving average price is $24.23. First Savings Financial Group, Inc. has a 1 year low of $22.65 and a 1 year high of $29.98.

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First Savings Financial Group (NASDAQ:FSFG – Get Rating) last posted its quarterly earnings data on Monday, July 25th. The bank reported $0.37 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.66 by ($0.29). The firm had revenue of $25.94 million for 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%. As a group, analysts anticipate that First Savings Financial Group, Inc. will post 2.67 earnings per share for the current fiscal year.

First Savings Financial Group Announces Dividend

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

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on shares of First Savings Financial Group in a research report on Saturday, September 10th. They issued a "hold" rating for the company.

Hedge Funds Weigh In On First Savings Financial Group

A number of hedge funds have recently bought and sold shares of the company. Renaissance Technologies LLC boosted its holdings in shares of First Savings Financial Group by 5.0% in the 2nd 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 purchased a new position in shares of First Savings Financial Group in the 1st quarter worth about $472,000. State Street Corp boosted its holdings in shares of First Savings Financial Group by 8.2% in the 1st quarter. State Street Corp now owns 24,583 shares of the bank's stock worth $603,000 after buying an additional 1,853 shares during the last quarter. BNP Paribas Arbitrage SA boosted its holdings in shares of First Savings Financial Group by 5,979.6% in the 1st quarter. BNP Paribas Arbitrage SA now owns 5,654 shares of the bank's stock worth $818,000 after buying 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 in the 2nd quarter worth about $1,152,000. 26.38% of the stock is owned by hedge funds and other institutional investors.

About First Savings Financial Group

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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.