First Savings Financial Group (NASDAQ:FSFG) Share Price Passes Above Two Hundred Day Moving Average – Time to Sell?

First Savings Financial Group, Inc. (NASDAQ:FSFG) shares passed 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 changing hands.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. StockNews.com cut First Savings Financial Group from a “strong-buy” rating to a “buy” rating in a research note on Thursday, January 2nd. Piper Sandler lifted their price objective on 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.

First Savings Financial Group Stock Performance

The firm has a 50 day moving average of $28.01 and a two-hundred day moving average of $24.25. The stock has a market cap of $178.59 million, a PE ratio of 13.08 and a beta of 0.75. 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 firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 16th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 2.32%. The ex-dividend date was Monday, December 16th. First Savings Financial Group’s payout ratio is 30.30%.

Institutional Investors Weigh In On First Savings Financial Group

Several institutional investors have recently added to or reduced their stakes in the business. Empowered Funds LLC lifted 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 buying an additional 1,608 shares during the last quarter. Cerity Partners LLC lifted its stake in First Savings Financial Group by 166.0% in the third quarter. Cerity Partners LLC now owns 68,421 shares of the bank’s stock valued at $1,629,000 after buying an additional 42,696 shares during the last quarter. Fourthstone LLC lifted its stake in First Savings Financial Group by 166.2% in the third 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 during the last quarter. Barclays PLC lifted its stake in First Savings Financial Group by 72.9% in the third quarter. Barclays PLC now owns 3,396 shares of the bank’s stock valued at $81,000 after buying an additional 1,432 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake 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 valued at $1,387,000 after buying an additional 690 shares during the last quarter. Hedge funds and other institutional investors own 35.22% of the company’s stock.

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.