First Savings Financial Group (NASDAQ:FSFG) Share Price Passes Above 200 Day Moving Average – Should You Sell?

First Savings Financial Group, Inc. (NASDAQ:FSFG) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $23.49 and traded as high as $25.72. First Savings Financial Group shares last traded at $25.39, with a volume of 5,365 shares traded.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. Hovde Group initiated coverage on First Savings Financial Group in a research report on Wednesday, September 11th. They set a “market perform” rating and a $24.00 target price for the company. StockNews.com upgraded shares of First Savings Financial Group from a “buy” rating to a “strong-buy” rating in a research note on Wednesday. Finally, Piper Sandler lifted their target price on shares of First Savings Financial Group from $27.50 to $31.00 and gave the stock an “overweight” rating in a report on Wednesday, October 30th.

First Savings Financial Group Trading Down 0.4 %

The firm has a market cap of $175.14 million, a P/E ratio of 12.82 and a beta of 0.73. The company’s 50 day moving average is $27.82 and its two-hundred day moving average is $23.49. The company has a debt-to-equity ratio of 2.83, a current ratio of 1.16 and a quick ratio of 1.09.

First Savings Financial Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th will be given a $0.15 dividend. The ex-dividend date of this dividend is Monday, December 16th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.36%. First Savings Financial Group’s dividend payout ratio is currently 30.30%.

Institutional Investors Weigh In On First Savings Financial Group

A number of institutional investors have recently bought and sold shares of the business. Barclays PLC raised its stake in shares of First Savings Financial Group by 72.9% in the 3rd quarter. Barclays PLC now owns 3,396 shares of the bank’s stock valued at $81,000 after buying an additional 1,432 shares in the last quarter. Empowered Funds LLC increased 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 valued at $767,000 after acquiring an additional 1,608 shares during the period. Geode Capital Management LLC raised its position in First Savings Financial Group by 1.2% in the third quarter. Geode Capital Management LLC now owns 58,253 shares of the bank’s stock worth $1,387,000 after purchasing an additional 690 shares in the last quarter. Cerity Partners LLC lifted its stake in First Savings Financial Group by 166.0% during the third quarter. Cerity Partners LLC now owns 68,421 shares of the bank’s stock worth $1,629,000 after purchasing an additional 42,696 shares during the period. Finally, Fourthstone LLC lifted its stake in First Savings Financial Group by 166.2% during the third quarter. Fourthstone LLC now owns 214,671 shares of the bank’s stock worth $5,111,000 after purchasing an additional 134,029 shares during the period. Institutional investors and hedge funds own 35.22% of the company’s stock.

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.