2 weeks Ago By ABMN Staff
HBK Sorce Advisory LLC cut its position in Premier Financial Corp. ( NASDAQ:PFC – Free Report ) by 6.7% in the 2nd quarter, according to its most recent disclosure with the SEC.
The fund owned 12,649 shares of the company’s stock after selling 915 shares during the period. HBK Sorce Advisory LLC’s holdings in Premier Financial were worth $259,000 as of its most recent SEC filing. Several other hedge funds and other institutional investors have also recently made changes to their positions in PFC.
EJF Capital LLC boosted its position in shares of Premier Financial by 490.8% during the first quarter. EJF Capital LLC now owns 158,633 shares of the company’s stock valued at $3,220,000 after buying an additional 131,783 shares during the last quarter.
Elizabeth Park Capital Advisors Ltd. grew its stake in shares of Premier Financial by 153.4% in the fourth quarter.
Elizabeth Park Capital Advisors Ltd. now owns 198,733 shares of the company’s stock worth $4,789,000 after acquiring an additional 120,299 shares during the period. American Century Companies Inc.
raised its holdings in shares of Premier Financial by 18.0% during the second quarter. American Century Companies Inc.
now owns 656,177 shares of the company’s stock valued at $13,425,000 after purchasing an additional 100,198 shares during the last quarter. Assenagon Asset Management S.A.
lifted its position in Premier Financial by 61.1% during the second quarter. Assenagon Asset Management S.
A. now owns 211,456 shares of the company’s stock valued at $4,326,000 after purchasing an additional 80,217 shares during the period. Finally, Charles Schwab Investment Management Inc.
boosted its holdings in Premier Financial by 4.7% in the fourth quarter. Charles Schwab Investment Management Inc.
now owns 1,065,098 shares of the company’s stock worth $25,669,000 after purchasing an additional 48,257 shares during the last quarter. Institutional investors own 66.14% of the company’s stock.
Premier Financial Stock Performance PFC opened at $24.23 on Monday. The company has a debt-to-equity ratio of 0.
49, a current ratio of 0.97 and a quick ratio of 0.95.
Premier Financial Corp. has a 1-year low of $15.79 and a 1-year high of $26.
40. The company has a 50 day simple moving average of $24.00 and a two-hundred day simple moving average of $21.
31. The firm has a market cap of $867.75 million, a P/E ratio of 7.
82 and a beta of 1.26. Premier Financial Announces Dividend The business also recently announced a quarterly dividend, which was paid on Friday, August 16th.
Investors of record on Friday, August 9th were paid a dividend of $0.31 per share. The ex-dividend date of this dividend was Friday, August 9th.
This represents a $1.24 annualized dividend and a yield of 5.12%.
Premier Financial’s payout ratio is 40.00%. Insider Buying and Selling at Premier Financial In other Premier Financial news, EVP Dennis E.
Rose, Jr. sold 2,000 shares of the stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $25.
01, for a total transaction of $50,020.00. Following the completion of the transaction, the executive vice president now owns 38,114 shares of the company’s stock, valued at approximately $953,231.
14. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website . In other news, EVP Dennis E.
Rose, Jr. sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, August 23rd. The stock was sold at an average price of $25.
01, for a total transaction of $50,020.00. Following the sale, the executive vice president now directly owns 38,114 shares of the company’s stock, valued at approximately $953,231.
14. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink . Also, Director Donald P.
Hileman sold 1,500 shares of the business’s stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $23.64, for a total transaction of $35,460.
00. Following the completion of the sale, the director now owns 28,311 shares in the company, valued at approximately $669,272.04.
The disclosure for this sale can be found here . 2.22% of the stock is currently owned by insiders.
Wall Street Analyst Weigh In Separately, Janney Montgomery Scott restated a “neutral” rating on shares of Premier Financial in a research note on Wednesday, July 31st. Three equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat.
com, the stock has an average rating of “Hold” and an average price target of $22.50. Check Out Our Latest Stock Analysis on PFC Premier Financial Profile ( Free Report ) 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.
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