Stock analysts at StockNews.com assumed coverage on shares of First Savings Financial Group (NASDAQ:FSFG – Get Free Report) in a research note issued to investors on Tuesday. The firm set a “hold” rating on the bank’s stock.
Separately, Piper Sandler raised their target price on First Savings Financial Group from $19.00 to $21.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 6th.
Read Our Latest Analysis on First Savings Financial Group
First Savings Financial Group Stock Down 1.5 %
First Savings Financial Group (NASDAQ:FSFG – Get Free Report) last announced its quarterly earnings results on Tuesday, January 30th. The bank reported $0.59 EPS for the quarter, beating analysts’ consensus estimates of $0.55 by $0.04. First Savings Financial Group had a return on equity of 7.99% and a net margin of 4.74%. The company had revenue of $16.90 million during the quarter, compared to analysts’ expectations of $19.70 million. Research analysts forecast that First Savings Financial Group will post 1.5 EPS for the current fiscal year.
Institutional Trading of First Savings Financial Group
A number of large investors have recently bought and sold shares of the business. Renaissance Technologies LLC grew its holdings in First Savings Financial Group by 5.0% during the 2nd quarter. Renaissance Technologies LLC now owns 16,700 shares of the bank’s stock worth $400,000 after acquiring an additional 800 shares during the period. BlackRock Inc. grew its holdings in First Savings Financial Group by 1.0% during the 2nd quarter. BlackRock Inc. now owns 93,959 shares of the bank’s stock worth $1,245,000 after acquiring an additional 909 shares during the period. Dimensional Fund Advisors LP grew its holdings in First Savings Financial Group by 2.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 51,312 shares of the bank’s stock worth $1,259,000 after acquiring an additional 1,220 shares during the period. Morgan Stanley grew its holdings in First Savings Financial Group by 266.7% during the 4th quarter. Morgan Stanley now owns 1,683 shares of the bank’s stock worth $34,000 after acquiring an additional 1,224 shares during the period. Finally, Northern Trust Corp grew its holdings in First Savings Financial Group by 3.8% during the 2nd quarter. Northern Trust Corp now owns 38,465 shares of the bank’s stock worth $510,000 after acquiring an additional 1,406 shares during the period. 35.22% of the stock is currently owned by institutional investors and hedge funds.
About First Savings Financial Group
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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