First Savings Financial Group (NASDAQ:FSFG) Shares Pass Above 200 Day Moving Average – Time to Sell?

First Savings Financial Group, Inc. (NASDAQ:FSFG) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $25.89 and traded as high as $26.28. First Savings Financial Group shares last traded at $25.76, with a volume of 9,773 shares trading hands.

Analyst Ratings Changes

FSFG has been the subject of several recent research reports. Maxim Group set a $28.00 price target on shares of First Savings Financial Group and gave the stock a “buy” rating in a research report on Tuesday, February 4th. StockNews.com lowered shares of First Savings Financial Group from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, January 14th. Finally, Piper Sandler reduced their price objective on First Savings Financial Group from $33.00 to $30.00 and set an “overweight” rating for the company in a research report on Friday, January 31st.

First Savings Financial Group Stock Up 0.5 %

The firm’s fifty day moving average is $24.96 and its two-hundred day moving average is $25.89. The firm has a market cap of $178.13 million, a price-to-earnings ratio of 9.40 and a beta of 0.75. The company has a debt-to-equity ratio of 1.96, a current ratio of 1.08 and a quick ratio of 1.07.

First Savings Financial Group (NASDAQ:FSFG) last issued its quarterly earnings results on Tuesday, January 28th. The bank reported $0.62 earnings per share for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.06). First Savings Financial Group had a return on equity of 8.79% and a net margin of 13.34%. On average, sell-side analysts expect that First Savings Financial Group, Inc. will post 2.45 EPS for the current fiscal year.

First Savings Financial Group Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were given a dividend of $0.16 per share. The ex-dividend date was Friday, March 14th. This is a boost from First Savings Financial Group’s previous quarterly dividend of $0.15. This represents a $0.64 annualized dividend and a dividend yield of 2.48%. First Savings Financial Group’s dividend payout ratio (DPR) is 23.36%.

Institutional Trading of First Savings Financial Group

Institutional investors have recently modified their holdings of the company. Tower Research Capital LLC TRC grew its holdings in First Savings Financial Group by 130.8% during the fourth quarter. Tower Research Capital LLC TRC now owns 990 shares of the bank’s stock worth $26,000 after acquiring an additional 561 shares during the period. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of First Savings Financial Group during the 4th quarter valued at about $76,000. Barclays PLC grew its stake in shares of First Savings Financial Group by 72.9% in the 3rd quarter. Barclays PLC now owns 3,396 shares of the bank’s stock worth $81,000 after purchasing an additional 1,432 shares during the last quarter. Cubist Systematic Strategies LLC bought a new stake in shares of First Savings Financial Group in the 4th quarter worth approximately $153,000. Finally, O Shaughnessy Asset Management LLC acquired a new stake in First Savings Financial Group during the fourth quarter valued at approximately $231,000. Institutional investors and hedge funds own 35.22% of the company’s stock.

About First Savings Financial Group

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.