Sally Pope Davis Acquires 1,800 Shares of First Financial Bankshares, Inc. (NASDAQ:FFIN) Stock

First Financial Bankshares, Inc. (NASDAQ:FFINGet Free Report) Director Sally Pope Davis bought 1,800 shares of the stock in a transaction on Thursday, June 6th. The stock was acquired at an average price of $28.75 per share, with a total value of $51,750.00. Following the completion of the acquisition, the director now owns 1,800 shares of the company’s stock, valued at approximately $51,750. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

First Financial Bankshares Trading Down 0.3 %

FFIN stock opened at $28.84 on Friday. First Financial Bankshares, Inc. has a 1-year low of $22.84 and a 1-year high of $33.15. The stock has a market cap of $4.12 billion, a price-to-earnings ratio of 20.60 and a beta of 0.82. The company’s 50 day moving average is $30.37 and its 200 day moving average is $30.19.

First Financial Bankshares (NASDAQ:FFINGet Free Report) last posted its quarterly earnings results on Tuesday, April 23rd. The bank reported $0.37 EPS for the quarter, topping the consensus estimate of $0.35 by $0.02. First Financial Bankshares had a net margin of 30.03% and a return on equity of 14.28%. The firm had revenue of $129.63 million for the quarter, compared to the consensus estimate of $129.72 million. During the same period last year, the firm posted $0.39 earnings per share. The business’s revenue was up 4.3% compared to the same quarter last year. As a group, sell-side analysts forecast that First Financial Bankshares, Inc. will post 1.48 EPS for the current fiscal year.

First Financial Bankshares Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 1st. Stockholders of record on Friday, June 14th will be paid a dividend of $0.18 per share. The ex-dividend date of this dividend is Friday, June 14th. This represents a $0.72 annualized dividend and a dividend yield of 2.50%. First Financial Bankshares’s dividend payout ratio (DPR) is presently 51.43%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on FFIN shares. Truist Financial lowered their target price on First Financial Bankshares from $34.00 to $32.00 and set a “hold” rating on the stock in a research report on Monday, April 22nd. Stephens reduced their target price on shares of First Financial Bankshares from $35.00 to $31.00 and set an “equal weight” rating for the company in a research note on Friday, April 19th. One analyst has rated the stock with a sell rating and three have assigned a hold rating to the stock. According to data from, First Financial Bankshares has an average rating of “Hold” and an average target price of $31.33.

Get Our Latest Stock Report on FFIN

Hedge Funds Weigh In On First Financial Bankshares

A number of institutional investors have recently bought and sold shares of FFIN. Lindbrook Capital LLC grew its holdings in shares of First Financial Bankshares by 134.8% during the 4th quarter. Lindbrook Capital LLC now owns 911 shares of the bank’s stock worth $28,000 after acquiring an additional 523 shares during the period. Hexagon Capital Partners LLC grew its stake in First Financial Bankshares by 81.1% in the first quarter. Hexagon Capital Partners LLC now owns 927 shares of the bank’s stock worth $30,000 after purchasing an additional 415 shares during the period. SYSTM Wealth Solutions LLC raised its holdings in First Financial Bankshares by 17.4% in the first quarter. SYSTM Wealth Solutions LLC now owns 2,681 shares of the bank’s stock worth $88,000 after purchasing an additional 398 shares in the last quarter. Headlands Technologies LLC bought a new stake in shares of First Financial Bankshares during the 3rd quarter valued at $115,000. Finally, Quadrant Capital Group LLC grew its position in shares of First Financial Bankshares by 128.9% in the 4th quarter. Quadrant Capital Group LLC now owns 4,888 shares of the bank’s stock worth $148,000 after buying an additional 2,753 shares during the period. 69.78% of the stock is owned by institutional investors.

About First Financial Bankshares

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First Financial Bankshares, Inc, through its subsidiaries, provides commercial banking products and services in Texas. The company offers checking, savings and time deposits; automated teller machines, drive-in, and night deposit services; safe deposit facilities, remote deposit capture, internet banking, mobile banking, payroll cards, funds transfer, and performing other customary commercial banking services; securities brokerage services; and trust and wealth management services, including wealth management, estates administration, oil and gas management, testamentary trusts, revocable and irrevocable trusts, and agency accounts.

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Insider Buying and Selling by Quarter for First Financial Bankshares (NASDAQ:FFIN)

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