Premier Financial Corp. (NASDAQ:PFC) Shares Acquired by SG Americas Securities LLC

SG Americas Securities LLC increased its holdings in Premier Financial Corp. (NASDAQ:PFC) by 13.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,646 shares of the company’s stock after buying an additional 1,139 shares during the quarter. SG Americas Securities LLC’s holdings in Premier Financial were worth $247,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Versor Investments LP grew its position in Premier Financial by 538.1% during the third quarter. Versor Investments LP now owns 68,431 shares of the company’s stock valued at $1,607,000 after buying an additional 57,707 shares during the period. Barclays PLC grew its holdings in shares of Premier Financial by 60.0% in the third quarter. Barclays PLC now owns 80,883 shares of the company’s stock valued at $1,900,000 after purchasing an additional 30,334 shares during the period. State Street Corp lifted its holdings in Premier Financial by 3.5% in the third quarter. State Street Corp now owns 1,055,377 shares of the company’s stock valued at $24,780,000 after acquiring an additional 35,682 shares during the last quarter. Assenagon Asset Management S.A. raised its holdings in Premier Financial by 32.5% in the 4th quarter. Assenagon Asset Management S.A. now owns 383,616 shares of the company’s stock valued at $9,809,000 after buying an additional 94,000 shares during the period. Finally, JPMorgan Chase & Co. raised its position in Premier Financial by 8.2% in the third quarter. JPMorgan Chase & Co. now owns 653,065 shares of the company’s stock valued at $15,334,000 after purchasing an additional 49,367 shares during the period. Hedge funds and other institutional investors own 66.14% of the company’s stock.

Insider Buying and Selling

In other Premier Financial news, EVP Dennis E. Rose, Jr. sold 2,000 shares of the stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $27.98, for a total value of $55,960.00. Following the transaction, the executive vice president now directly owns 36,144 shares in the company, valued at $1,011,309.12. This represents a 5.24 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 2.22% of the company’s stock.

Premier Financial Stock Up 1.6 %

Shares of NASDAQ:PFC opened at $28.30 on Friday. The firm has a market capitalization of $1.01 billion, a PE ratio of 14.22 and a beta of 1.28. Premier Financial Corp. has a 1 year low of $18.63 and a 1 year high of $29.63. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.95 and a quick ratio of 0.93. The firm’s 50-day moving average is $26.53 and its two-hundred day moving average is $25.45.

Premier Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 7th. Investors of record on Friday, January 31st will be issued a $0.31 dividend. The ex-dividend date is Friday, January 31st. This represents a $1.24 dividend on an annualized basis and a yield of 4.38%. Premier Financial’s dividend payout ratio (DPR) is presently 62.31%.

Premier Financial Profile

Premier Financial Corp., through its subsidiaries, provides various banking services. It offers demand, checking, money market, and savings accounts, as well as certificates of deposits and certificates of deposit account registry service; and investment products. The company also provides residential and commercial real estate, commercial, construction, home improvement and home equity, installment, and consumer loans.