First Savings Financial Group (NASDAQ:FSFG) Share Price Passes Above 200 Day Moving Average of $16.54

First Savings Financial Group, Inc. (NASDAQ:FSFG)’s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $16.54 and traded as high as $16.81. First Savings Financial Group shares last traded at $16.79, with a volume of 11,052 shares.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on First Savings Financial Group in a research note on Thursday. They issued a “hold” rating on the stock.

First Savings Financial Group Trading Up 2.2 %

The company has a debt-to-equity ratio of 2.21, a current ratio of 1.09 and a quick ratio of 1.08. The company has a market cap of $122.40 million, a price-to-earnings ratio of 16.47 and a beta of 0.73. The business has a 50 day simple moving average of $16.40 and a 200 day simple moving average of $16.56.

First Savings Financial Group (NASDAQ:FSFG) last posted its quarterly earnings data on Thursday, April 25th. The bank reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.43 by $0.09. First Savings Financial Group had a return on equity of 7.91% and a net margin of 5.59%. The company had revenue of $18.05 million for the quarter, compared to analyst estimates of $18.00 million. As a group, equities analysts forecast that First Savings Financial Group, Inc. will post 1.5 EPS for the current year.

First Savings Financial Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 3.37%. The ex-dividend date of this dividend is Friday, June 14th. First Savings Financial Group’s dividend payout ratio (DPR) is presently 55.56%.

Hedge Funds Weigh In On First Savings Financial Group

An institutional investor recently raised its position in First Savings Financial Group stock. Empowered Funds LLC increased its position in shares of First Savings Financial Group, Inc. (NASDAQ:FSFG) by 8.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 29,930 shares of the bank’s stock after acquiring an additional 2,209 shares during the quarter. Empowered Funds LLC owned about 0.44% of First Savings Financial Group worth $501,000 at the end of the most recent quarter. Institutional investors own 35.22% of the company’s stock.

First Savings Financial Group Company Profile

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.