1 week Ago By Defense World Staff
JPMorgan Chase & Co. grew its holdings in First Financial Bankshares, Inc. ( NASDAQ:FFIN – Free Report ) by 48.
9% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 687,300 shares of the bank’s stock after acquiring an additional 225,574 shares during the period. JPMorgan Chase & Co.
owned about 0.48% of First Financial Bankshares worth $24,777,000 as of its most recent filing with the Securities & Exchange Commission. Other hedge funds and other institutional investors have also added to or reduced their stakes in the company.
Vanguard Group Inc. lifted its holdings in shares of First Financial Bankshares by 0.8% in the 4th quarter.
Vanguard Group Inc. now owns 14,095,584 shares of the bank’s stock valued at $508,146,000 after acquiring an additional 110,923 shares during the last quarter. State Street Corp grew its position in shares of First Financial Bankshares by 4.
7% during the 3rd quarter. State Street Corp now owns 6,222,092 shares of the bank’s stock worth $231,381,000 after buying an additional 281,166 shares in the last quarter. Geode Capital Management LLC increased its position in First Financial Bankshares by 8.
0% during the 3rd quarter. Geode Capital Management LLC now owns 3,361,921 shares of the bank’s stock valued at $124,446,000 after purchasing an additional 249,011 shares during the period. Strategic Financial Concepts LLC lifted its holdings in First Financial Bankshares by 3,508.
3% during the fourth quarter. Strategic Financial Concepts LLC now owns 2,807,834 shares of the bank’s stock worth $101,222,000 after buying an additional 2,730,017 shares during the period. Finally, Charles Schwab Investment Management Inc.
boosted its position in First Financial Bankshares by 0.3% during the fourth quarter. Charles Schwab Investment Management Inc.
now owns 1,705,788 shares of the bank’s stock valued at $61,494,000 after purchasing an additional 4,608 shares in the last quarter. 69.78% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In Separately, Keefe, Bruyette & Woods lifted their price target on shares of First Financial Bankshares from $40.00 to $41.00 and gave the stock a “market perform” rating in a report on Monday, January 27th.
First Financial Bankshares Trading Up 5.8 % FFIN opened at $33.52 on Thursday.
The firm has a market capitalization of $4.79 billion, a PE ratio of 21.49 and a beta of 0.
82. The firm has a 50 day moving average of $36.10 and a two-hundred day moving average of $37.
46. First Financial Bankshares, Inc. has a 12-month low of $27.
62 and a 12-month high of $44.66. First Financial Bankshares ( NASDAQ:FFIN – Get Free Report ) last issued its quarterly earnings data on Thursday, January 23rd.
The bank reported $0.43 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.
03. First Financial Bankshares had a net margin of 29.69% and a return on equity of 14.
24%. As a group, analysts predict that First Financial Bankshares, Inc. will post 1.
78 EPS for the current fiscal year. First Financial Bankshares Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th were given a dividend of $0.
18 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.
72 dividend on an annualized basis and a dividend yield of 2.15%. First Financial Bankshares’s dividend payout ratio (DPR) is 46.
15%. Insider Activity In other news, Director Johnny Trotter acquired 6,000 shares of the firm’s stock in a transaction on Wednesday, March 12th. The shares were bought at an average price of $35.
12 per share, for a total transaction of $210,720.00. Following the acquisition, the director now owns 949,371 shares of the company’s stock, valued at approximately $33,341,909.
52. This trade represents a 0.64 % increase in their position.
The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink . Company insiders own 4.22% of the company’s stock.
First Financial Bankshares Company Profile ( Free Report ) First Financial Bankshares, Inc, through its subsidiaries, provides commercial banking products and services in Texas. The company offers checking, savings and time deposits; automated teller machines, drive-in, and night deposit services; safe deposit facilities, remote deposit capture, internet banking, mobile banking, payroll cards, funds transfer, and performing other customary commercial banking services; securities brokerage services; and trust and wealth management services, including wealth management, estates administration, oil and gas management, testamentary trusts, revocable and irrevocable trusts, and agency accounts. Featured Stories Five stocks we like better than First Financial Bankshares The Role Economic Reports Play in a Successful Investment Strategy Quantum Computing: The $6.
5 Billion Opportunity You Can’t Ignore The 3 Best Fintech Stocks to Buy Now Are Tariffs Threatening Disney’s Comeback Story? Where Do I Find 52-Week Highs and Lows? Is Alphabet a Generational Buying Opportunity at These Levels? Want to see what other hedge funds are holding FFIN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Financial Bankshares, Inc. ( NASDAQ:FFIN – Free Report ).
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