First Savings Financial Group, Inc. (NASDAQ:FSFG) Shares Sold by Stock Yards Bank & Trust Co.

Stock Yards Bank & Trust Co. trimmed its stake in shares of First Savings Financial Group, Inc. (NASDAQ:FSFG) by 2.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 17,000 shares of the bank’s stock after selling 500 shares during the quarter. Stock Yards Bank & Trust Co. owned about 0.25% of First Savings Financial Group worth $302,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Empowered Funds LLC boosted its holdings in shares of First Savings Financial Group by 8.0% during the first quarter. Empowered Funds LLC now owns 29,930 shares of the bank’s stock valued at $501,000 after acquiring an additional 2,209 shares during the period. Institutional investors and hedge funds own 35.22% of the company’s stock.

First Savings Financial Group Stock Down 1.4 %

Shares of First Savings Financial Group stock opened at $23.50 on Thursday. First Savings Financial Group, Inc. has a 12-month low of $13.20 and a 12-month high of $24.50. The firm has a market capitalization of $161.75 million, a PE ratio of 21.76 and a beta of 0.74. The company has a quick ratio of 1.09, a current ratio of 1.16 and a debt-to-equity ratio of 2.83. The stock’s fifty day moving average is $22.10 and its 200-day moving average is $18.44.

First Savings Financial Group (NASDAQ:FSFG) last posted its quarterly earnings data on Thursday, July 25th. The bank reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.11. First Savings Financial Group had a return on equity of 8.63% and a net margin of 6.90%. The firm had revenue of $17.73 million for the quarter, compared to the consensus estimate of $17.60 million. Equities analysts anticipate that First Savings Financial Group, Inc. will post 1.75 earnings per share for the current year.

First Savings Financial Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, September 13th will be given a $0.15 dividend. The ex-dividend date of this dividend is Friday, September 13th. This represents a $0.60 annualized dividend and a dividend yield of 2.55%. First Savings Financial Group’s dividend payout ratio (DPR) is presently 55.56%.

Analysts Set New Price Targets

Several research firms recently commented on FSFG. Hovde Group began coverage on First Savings Financial Group in a research report on Wednesday, September 11th. They issued a “market perform” rating and a $24.00 target price on the stock. Piper Sandler lifted their price objective on shares of First Savings Financial Group from $20.00 to $26.50 and gave the company an “overweight” rating in a research note on Wednesday, July 31st. Finally, StockNews.com initiated coverage on shares of First Savings Financial Group in a research report on Wednesday, August 14th. They issued a “buy” rating for the company.

First Savings Financial Group Company Profile

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.