First Savings Financial Group, Inc. (NASDAQ:FSFG) Shares Purchased by Barclays PLC

Barclays PLC boosted its stake in shares of First Savings Financial Group, Inc. (NASDAQ:FSFG) by 72.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,396 shares of the bank’s stock after acquiring an additional 1,432 shares during the quarter. Barclays PLC’s holdings in First Savings Financial Group were worth $81,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Empowered Funds LLC increased its holdings in shares of First Savings Financial Group by 5.3% during the 3rd quarter. Empowered Funds LLC now owns 32,198 shares of the bank’s stock valued at $767,000 after purchasing an additional 1,608 shares in the last quarter. Geode Capital Management LLC increased its holdings in First Savings Financial Group by 1.2% in the third quarter. Geode Capital Management LLC now owns 58,253 shares of the bank’s stock valued at $1,387,000 after buying an additional 690 shares in the last quarter. Cerity Partners LLC increased its holdings in First Savings Financial Group by 166.0% in the third quarter. Cerity Partners LLC now owns 68,421 shares of the bank’s stock valued at $1,629,000 after buying an additional 42,696 shares in the last quarter. Finally, Fourthstone LLC raised its position in shares of First Savings Financial Group by 166.2% in the third quarter. Fourthstone LLC now owns 214,671 shares of the bank’s stock worth $5,111,000 after acquiring an additional 134,029 shares during the period. 35.22% of the stock is owned by institutional investors and hedge funds.

First Savings Financial Group Stock Down 1.1 %

FSFG stock opened at $25.18 on Friday. First Savings Financial Group, Inc. has a 52 week low of $14.55 and a 52 week high of $30.94. The company has a quick ratio of 1.07, a current ratio of 1.08 and a debt-to-equity ratio of 1.99. The firm has a 50-day simple moving average of $27.46 and a 200-day simple moving average of $24.79. The stock has a market capitalization of $173.97 million, a P/E ratio of 12.72 and a beta of 0.75.

First Savings Financial Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, December 16th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.38%. First Savings Financial Group’s payout ratio is currently 30.30%.

Analyst Ratings Changes

Several equities analysts recently weighed in on FSFG shares. StockNews.com lowered First Savings Financial Group from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, January 14th. Piper Sandler boosted their price objective on First Savings Financial Group from $27.50 to $31.00 and gave the company an “overweight” rating in a research report on Wednesday, October 30th.

First Savings Financial Group 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.