Geode Capital Management LLC Boosts Position in First Savings Financial Group, Inc. (NASDAQ:FSFG)

Geode Capital Management LLC raised its stake in First Savings Financial Group, Inc. (NASDAQ:FSFG) by 1.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 58,253 shares of the bank’s stock after buying an additional 690 shares during the period. Geode Capital Management LLC owned about 0.85% of First Savings Financial Group worth $1,387,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in FSFG. Barclays PLC raised its stake in shares of First Savings Financial Group by 72.9% during the third quarter. Barclays PLC now owns 3,396 shares of the bank’s stock valued at $81,000 after acquiring an additional 1,432 shares in the last quarter. Empowered Funds LLC lifted its stake in First Savings Financial Group by 5.3% in the third quarter. Empowered Funds LLC now owns 32,198 shares of the bank’s stock worth $767,000 after acquiring an additional 1,608 shares during the period. Cerity Partners LLC grew its holdings in First Savings Financial Group by 166.0% during the 3rd quarter. Cerity Partners LLC now owns 68,421 shares of the bank’s stock worth $1,629,000 after acquiring an additional 42,696 shares in the last quarter. Finally, Fourthstone LLC grew its holdings in First Savings Financial Group by 166.2% during the 3rd quarter. Fourthstone LLC now owns 214,671 shares of the bank’s stock worth $5,111,000 after acquiring an additional 134,029 shares in the last quarter. 35.22% of the stock is owned by hedge funds and other institutional investors.

First Savings Financial Group Stock Performance

Shares of First Savings Financial Group stock opened at $25.89 on Friday. The company has a market capitalization of $178.59 million, a PE ratio of 13.08 and a beta of 0.75. The company has a 50-day simple moving average of $28.01 and a two-hundred day simple moving average of $24.25. First Savings Financial Group, Inc. has a one year low of $14.55 and a one year high of $30.94. The company has a debt-to-equity ratio of 2.83, a quick ratio of 1.09 and a current ratio of 1.16.

First Savings Financial Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 16th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, December 16th. This represents a $0.60 annualized dividend and a dividend yield of 2.32%. First Savings Financial Group’s dividend payout ratio (DPR) is presently 30.30%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on FSFG shares. StockNews.com cut shares of First Savings Financial Group from a “strong-buy” rating to a “buy” rating in a research report on Thursday, January 2nd. Piper Sandler upped their target price on First Savings Financial Group from $27.50 to $31.00 and gave the stock an “overweight” rating in a report on Wednesday, October 30th.

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.