Barclays PLC Raises Stock Position in First Savings Financial Group, Inc. (NASDAQ:FSFG)

Barclays PLC lifted its stake in shares of First Savings Financial Group, Inc. (NASDAQ:FSFG) by 72.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,396 shares of the bank’s stock after buying an additional 1,432 shares during the quarter. Barclays PLC’s holdings in First Savings Financial Group were worth $81,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also bought and sold shares of FSFG. Fourthstone LLC boosted its holdings in shares of First Savings Financial Group by 166.2% during the 3rd quarter. Fourthstone LLC now owns 214,671 shares of the bank’s stock valued at $5,111,000 after buying an additional 134,029 shares in the last quarter. Cerity Partners LLC lifted its position in First Savings Financial Group by 166.0% during the 3rd quarter. Cerity Partners LLC now owns 68,421 shares of the bank’s stock valued at $1,629,000 after acquiring an additional 42,696 shares during the period. Finally, Empowered Funds LLC boosted its stake in First Savings Financial Group by 5.3% during the third quarter. Empowered Funds LLC now owns 32,198 shares of the bank’s stock worth $767,000 after acquiring an additional 1,608 shares in the last quarter. 35.22% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have weighed in on FSFG. Piper Sandler raised their target price on shares of First Savings Financial Group from $27.50 to $31.00 and gave the company an “overweight” rating in a research note on Wednesday, October 30th. StockNews.com lowered First Savings Financial Group from a “strong-buy” rating to a “buy” rating in a research report on Thursday, January 2nd.

First Savings Financial Group Stock Performance

Shares of FSFG stock opened at $25.89 on Friday. The company has a market capitalization of $178.59 million, a price-to-earnings ratio of 13.08 and a beta of 0.75. The company has a debt-to-equity ratio of 2.83, a quick ratio of 1.09 and a current ratio of 1.16. First Savings Financial Group, Inc. has a one year low of $14.55 and a one year high of $30.94. The company’s 50-day moving average is $28.01 and its 200 day moving average is $24.25.

First Savings Financial Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.32%. The ex-dividend date of this dividend was Monday, December 16th. First Savings Financial Group’s payout ratio is 30.30%.

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.