SG Americas Securities LLC Increases Holdings in Premier Financial Corp. (NASDAQ:PFC)

SG Americas Securities LLC boosted its position in shares of Premier Financial Corp. (NASDAQ:PFC) by 13.4% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,646 shares of the company’s stock after purchasing an additional 1,139 shares during the quarter. SG Americas Securities LLC’s holdings in Premier Financial were worth $247,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of PFC. Capital Performance Advisors LLP bought a new position in shares of Premier Financial during the 3rd quarter worth $25,000. CWM LLC grew its holdings in Premier Financial by 42.1% during the 3rd quarter. CWM LLC now owns 9,211 shares of the company’s stock worth $216,000 after acquiring an additional 2,731 shares in the last quarter. Verition Fund Management LLC increased its position in Premier Financial by 23.3% during the 3rd quarter. Verition Fund Management LLC now owns 12,687 shares of the company’s stock valued at $298,000 after purchasing an additional 2,395 shares during the period. Sanctuary Advisors LLC bought a new stake in shares of Premier Financial in the 2nd quarter valued at about $315,000. Finally, Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Premier Financial by 12.3% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 21,837 shares of the company’s stock worth $505,000 after purchasing an additional 2,389 shares during the period. 66.14% of the stock is owned by institutional investors.

Premier Financial Price Performance

NASDAQ PFC opened at $28.30 on Friday. The company has a market cap of $1.01 billion, a PE ratio of 14.22 and a beta of 1.28. The firm’s 50 day moving average price is $26.53 and its 200-day moving average price is $25.45. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.93 and a current ratio of 0.95. Premier Financial Corp. has a 52-week low of $18.63 and a 52-week high of $29.63.

Premier Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 7th. Stockholders of record on Friday, January 31st will be given a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 4.38%. The ex-dividend date of this dividend is Friday, January 31st. Premier Financial’s payout ratio is 62.31%.

Insider Buying and Selling

In other Premier Financial news, EVP Dennis E. Rose, Jr. sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $27.98, for a total value of $55,960.00. Following the completion of the sale, the executive vice president now directly owns 36,144 shares in the company, valued at $1,011,309.12. This trade represents a 5.24 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 2.22% of the stock is currently owned by company insiders.

About Premier Financial

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.