First Savings Financial Group (NASDAQ:FSFG) Shares Cross Above 200 Day Moving Average – Here’s What Happened

First Savings Financial Group, Inc. (NASDAQ:FSFG) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $24.25 and traded as high as $26.49. First Savings Financial Group shares last traded at $25.89, with a volume of 9,142 shares trading hands.

Analyst Ratings Changes

FSFG has been the topic of several research analyst reports. Piper Sandler upped 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 cut shares of First Savings Financial Group from a “strong-buy” rating to a “buy” rating in a research note on Thursday, January 2nd.

First Savings Financial Group Stock Down 2.6 %

The company has a current ratio of 1.16, a quick ratio of 1.09 and a debt-to-equity ratio of 2.83. The firm has a market cap of $178.59 million, a P/E ratio of 13.08 and a beta of 0.75. The company’s 50 day simple moving average is $28.01 and its 200-day simple moving average is $24.25.

First Savings Financial Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 2.32%. The ex-dividend date was Monday, December 16th. First Savings Financial Group’s dividend payout ratio (DPR) is presently 30.30%.

Hedge Funds Weigh In On First Savings Financial Group

Several institutional investors have recently made changes to their positions in the business. Barclays PLC lifted 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 worth $81,000 after purchasing an additional 1,432 shares during the period. Geode Capital Management LLC lifted its stake in shares of First Savings Financial Group by 1.2% in the 3rd 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 during the period. Fourthstone LLC lifted its stake in shares of First Savings Financial Group by 166.2% in the 3rd 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. Cerity Partners LLC lifted its stake in shares of First Savings Financial Group by 166.0% in the 3rd 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, Empowered Funds LLC lifted its stake in shares of First Savings Financial Group by 5.3% in the 3rd quarter. Empowered Funds LLC now owns 32,198 shares of the bank’s stock worth $767,000 after purchasing an additional 1,608 shares during the period. Institutional investors 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.