First Savings Financial Group (NASDAQ:FSFG) Earns Hold Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of First Savings Financial Group (NASDAQ:FSFGGet Rating) in a report issued on Friday. The firm set a “hold” rating on the bank’s stock.

Separately, Zacks Investment Research raised shares of First Savings Financial Group from a “sell” rating to a “hold” rating in a research report on Tuesday, March 29th.

First Savings Financial Group stock opened at $24.01 on Friday. The firm has a market cap of $172.15 million, a price-to-earnings ratio of 8.42 and a beta of 0.79. The company has a debt-to-equity ratio of 1.51, a current ratio of 1.05 and a quick ratio of 0.93. First Savings Financial Group has a fifty-two week low of $22.57 and a fifty-two week high of $29.98. The firm has a fifty day moving average price of $24.94 and a two-hundred day moving average price of $25.98.

First Savings Financial Group (NASDAQ:FSFGGet Rating) last released its earnings results on Monday, April 25th. The bank reported $0.98 earnings per share for the quarter, topping analysts’ consensus estimates of $0.54 by $0.44. First Savings Financial Group had a net margin of 15.08% and a return on equity of 11.34%. As a group, sell-side analysts expect that First Savings Financial Group will post 2.92 earnings per share for the current year.

In other First Savings Financial Group news, Director Frank Czeschin purchased 3,000 shares of the company’s stock in a transaction that occurred on Thursday, April 28th. The stock was purchased at an average price of $24.91 per share, with a total value of $74,730.00. Following the completion of the transaction, the director now directly owns 30,876 shares of the company’s stock, valued at approximately $769,121.16. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 14.26% of the stock is currently owned by corporate insiders.

A number of large investors have recently bought and sold shares of the stock. FJ Capital Management LLC raised its position in First Savings Financial Group by 187.3% in the third quarter. FJ Capital Management LLC now owns 339,000 shares of the bank’s stock worth $9,467,000 after purchasing an additional 221,000 shares in the last quarter. Fourthstone LLC grew its stake in First Savings Financial Group by 131.7% during the third quarter. Fourthstone LLC now owns 102,934 shares of the bank’s stock worth $2,878,000 after buying an additional 58,512 shares during the last quarter. BlackRock Inc. grew its stake in First Savings Financial Group by 2.0% during the fourth quarter. BlackRock Inc. now owns 50,677 shares of the bank’s stock worth $1,338,000 after buying an additional 982 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in First Savings Financial Group by 326.3% during the third quarter. Dimensional Fund Advisors LP now owns 50,509 shares of the bank’s stock worth $1,420,000 after buying an additional 38,662 shares during the last quarter. Finally, Millennium Management LLC grew its stake in First Savings Financial Group by 76.7% during the third quarter. Millennium Management LLC now owns 47,002 shares of the bank’s stock worth $1,322,000 after buying an additional 20,405 shares during the last quarter. 30.48% of the stock is owned by hedge funds and other institutional investors.

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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