First Savings Financial Group, Inc. (NASDAQ:FSFG) Shares Acquired by Empowered Funds LLC

Empowered Funds LLC increased its position in shares of First Savings Financial Group, Inc. (NASDAQ:FSFG) by 5.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 32,198 shares of the bank’s stock after acquiring an additional 1,608 shares during the quarter. Empowered Funds LLC owned approximately 0.47% of First Savings Financial Group worth $767,000 as of its most recent filing with the SEC.

First Savings Financial Group Stock Performance

NASDAQ:FSFG opened at $29.22 on Friday. The company has a market cap of $201.03 million, a P/E ratio of 14.76 and a beta of 0.72. The firm’s 50 day moving average is $25.66 and its two-hundred day moving average is $21.57. First Savings Financial Group, Inc. has a fifty-two week low of $13.20 and a fifty-two week high of $29.47. The company has a quick ratio of 1.09, a current ratio of 1.16 and a debt-to-equity ratio of 2.83.

First Savings Financial Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 13th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 2.05%. The ex-dividend date was Friday, September 13th. First Savings Financial Group’s dividend payout ratio (DPR) is currently 30.30%.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. Piper Sandler increased their price target on First Savings Financial Group from $27.50 to $31.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 30th. Hovde Group initiated coverage on First Savings Financial Group in a research note on Wednesday, September 11th. They issued a “market perform” rating and a $24.00 target price for the company. Finally, StockNews.com raised First Savings Financial Group from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, November 12th.

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.