Dimensional Fund Advisors LP Has $806,000 Stake in First Savings Financial Group, Inc. (NASDAQ:FSFG)

Dimensional Fund Advisors LP trimmed its position in shares of First Savings Financial Group, Inc. (NASDAQ:FSFG) by 3.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 45,328 shares of the bank’s stock after selling 1,440 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.66% of First Savings Financial Group worth $806,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Empowered Funds LLC lifted its holdings in shares of First Savings Financial Group by 8.0% during the 1st quarter. Empowered Funds LLC now owns 29,930 shares of the bank’s stock valued at $501,000 after buying an additional 2,209 shares during the last quarter. Institutional investors and hedge funds own 35.22% of the company’s stock.

Analyst Upgrades and Downgrades

FSFG has been the subject of several research reports. StockNews.com initiated coverage on First Savings Financial Group in a report on Wednesday, August 14th. They set a “buy” rating for the company. Hovde Group began coverage on First Savings Financial Group in a report on Wednesday, September 11th. They issued a “market perform” rating and a $24.00 target price for the company. Finally, Piper Sandler boosted their target price on First Savings Financial Group from $20.00 to $26.50 and gave the stock an “overweight” rating in a report on Wednesday, July 31st.

First Savings Financial Group Stock Up 0.6 %

Shares of FSFG stock opened at $24.03 on Monday. First Savings Financial Group, Inc. has a 12 month low of $13.20 and a 12 month high of $24.50. The firm has a market cap of $165.40 million, a PE ratio of 22.25 and a beta of 0.73. The stock has a 50 day moving average of $23.42 and a 200-day moving average of $19.31. The company has a quick ratio of 1.09, a current ratio of 1.16 and a debt-to-equity ratio of 2.83.

First Savings Financial Group (NASDAQ:FSFG) last issued its quarterly earnings results on Thursday, July 25th. The bank reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.41 by $0.11. First Savings Financial Group had a return on equity of 8.63% and a net margin of 6.90%. The company had revenue of $17.73 million during the quarter, compared to analyst estimates of $17.60 million. On average, equities analysts predict that First Savings Financial Group, Inc. will post 1.75 EPS for the current year.

First Savings Financial Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 13th were issued a dividend of $0.15 per share. The ex-dividend date was Friday, September 13th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.50%. First Savings Financial Group’s dividend payout ratio (DPR) is presently 55.56%.

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.