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

First Savings Financial Group, Inc. (NASDAQ:FSFG)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $21.28 and traded as high as $29.27. First Savings Financial Group shares last traded at $29.01, with a volume of 25,464 shares.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on FSFG shares. Piper Sandler boosted their price objective on shares of First Savings Financial Group from $27.50 to $31.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 30th. Hovde Group started coverage on shares of First Savings Financial Group in a research note on Wednesday, September 11th. They set a “market perform” rating and a $24.00 price objective on the stock. Finally, StockNews.com upgraded shares of First Savings Financial Group from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, November 12th.

First Savings Financial Group Stock Up 0.0 %

The company has a market capitalization of $199.59 million, a price-to-earnings ratio of 14.65 and a beta of 0.72. The firm’s 50 day moving average price is $25.21 and its two-hundred day moving average price is $21.28. The company has a current ratio of 1.16, a quick ratio of 1.09 and a debt-to-equity ratio of 2.83.

First Savings Financial Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 13th were paid a $0.15 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $0.60 dividend on an annualized basis and a yield of 2.07%. First Savings Financial Group’s dividend payout ratio (DPR) is currently 30.30%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Barclays PLC grew its stake in First Savings Financial Group by 72.9% in the 3rd 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. Geode Capital Management LLC grew its stake in 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 valued at $1,387,000 after buying an additional 690 shares during the last quarter. Fourthstone LLC grew its stake in First Savings Financial Group by 166.2% in 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 during the last quarter. Cerity Partners LLC grew its stake in First Savings Financial Group by 166.0% in the 3rd 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. Finally, Empowered Funds LLC grew its stake in First Savings Financial Group by 5.3% in the 3rd 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. Institutional investors and hedge funds 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.