Premier Financial Corp. (NASDAQ:PFC) Holdings Trimmed by Bank of America Corp DE

Bank of America Corp DE lowered its position in shares of Premier Financial Corp. (NASDAQ:PFC) by 27.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 88,283 shares of the company’s stock after selling 33,613 shares during the quarter. Bank of America Corp DE owned 0.25% of Premier Financial worth $2,257,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of PFC. BNP Paribas Financial Markets purchased a new stake in shares of Premier Financial during the fourth quarter valued at $106,000. AQR Arbitrage LLC lifted its holdings in shares of Premier Financial by 50.0% during the fourth quarter. AQR Arbitrage LLC now owns 438,446 shares of the company’s stock valued at $11,211,000 after purchasing an additional 146,203 shares during the last quarter. Schonfeld Strategic Advisors LLC purchased a new stake in shares of Premier Financial during the fourth quarter valued at $2,765,000. Northern Trust Corp lifted its holdings in shares of Premier Financial by 5.2% during the fourth quarter. Northern Trust Corp now owns 392,025 shares of the company’s stock valued at $10,024,000 after purchasing an additional 19,485 shares during the last quarter. Finally, Susquehanna Fundamental Investments LLC purchased a new stake in shares of Premier Financial during the fourth quarter valued at $210,000. Institutional investors own 66.14% of the company’s stock.

Premier Financial Stock Performance

Shares of NASDAQ PFC opened at $28.04 on Tuesday. Premier Financial Corp. has a 12 month low of $18.63 and a 12 month high of $29.64. The company has a market cap of $1.00 billion, a price-to-earnings ratio of 14.09 and a beta of 1.28. The company has a quick ratio of 0.93, a current ratio of 0.95 and a debt-to-equity ratio of 0.42. The business has a fifty day simple moving average of $28.04 and a 200-day simple moving average of $27.58.

Premier Financial Profile

Premier Financial Corp., through its subsidiaries, provides various banking services. It offers demand, checking, money market, and savings accounts, as well as certificates of deposits and certificates of deposit account registry service; and investment products. The company also provides residential and commercial real estate, commercial, construction, home improvement and home equity, installment, and consumer loans.