Premier Financial Corp. (NASDAQ:PFC) Shares Acquired by American Century Companies Inc.

American Century Companies Inc. increased its stake in shares of Premier Financial Corp. (NASDAQ:PFC) by 0.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 750,814 shares of the company’s stock after acquiring an additional 6,231 shares during the period. American Century Companies Inc. owned about 2.09% of Premier Financial worth $19,198,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Charles Schwab Investment Management Inc. boosted its stake in shares of Premier Financial by 0.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,254,516 shares of the company’s stock worth $32,078,000 after acquiring an additional 9,998 shares in the last quarter. State Street Corp raised its holdings in Premier Financial by 3.5% in the 3rd quarter. State Street Corp now owns 1,055,377 shares of the company’s stock worth $24,780,000 after purchasing an additional 35,682 shares during the period. Geode Capital Management LLC boosted its position in Premier Financial by 1.0% during the third quarter. Geode Capital Management LLC now owns 864,387 shares of the company’s stock worth $20,300,000 after purchasing an additional 8,542 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in Premier Financial by 8.2% in the third quarter. JPMorgan Chase & Co. now owns 653,065 shares of the company’s stock valued at $15,334,000 after purchasing an additional 49,367 shares during the period. Finally, Assenagon Asset Management S.A. increased its position in shares of Premier Financial by 32.5% in the fourth quarter. Assenagon Asset Management S.A. now owns 383,616 shares of the company’s stock valued at $9,809,000 after buying an additional 94,000 shares in the last quarter. 66.14% of the stock is currently owned by hedge funds and other institutional investors.

Premier Financial Stock Performance

Shares of NASDAQ:PFC opened at $28.04 on Monday. The business’s 50 day moving average price is $28.00 and its 200-day moving average price is $26.46. Premier Financial Corp. has a 1 year low of $18.63 and a 1 year high of $29.64. The firm has a market capitalization of $1.00 billion, a price-to-earnings ratio of 14.09 and a beta of 1.28. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.95 and a quick ratio of 0.93.

Premier Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 7th. Stockholders of record on Friday, January 31st were given a $0.31 dividend. The ex-dividend date was Friday, January 31st. This represents a $1.24 annualized dividend and a dividend yield of 4.42%. Premier Financial’s dividend payout ratio (DPR) is 62.31%.

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.