First Financial Bancorp (Ohio) EVP Richard S. Barbercheck Sells 2,000 Shares (FFBC)
First Financial Bancorp (Ohio) (NASDAQ:FFBC) EVP Richard S. Barbercheck sold 2,000 shares of the company’s stock on the open market in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $16.87, for a total transaction of $33,740.00. Following the sale, the executive vice president now directly owns 17,221 shares of the company’s stock, valued at approximately $290,518. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
A number of research firms have recently commented on FFBC. Analysts at Keefe, Bruyette & Woods raised their price target on shares of First Financial Bancorp (Ohio) from $20.00 to $22.00 in a research note on Monday, February 3rd. They now have a “market perform” rating on the stock. Separately, analysts at Guggenheim raised their price target on shares of First Financial Bancorp (Ohio) to $17.50 in a research note on Tuesday, January 14th. They now have a “neutral” rating on the stock. One research analyst has rated the stock with a sell rating and six have given a hold rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $32.43.
First Financial Bancorp (NASDAQ:FFBC) traded up 0.24% during mid-day trading on Thursday, hitting $16.95. The stock had a trading volume of 178,989 shares. First Financial Bancorp has a 52-week low of $14.31 and a 52-week high of $17.77. The stock’s 50-day moving average is $16.81 and its 200-day moving average is $16.10. The company has a market cap of $975.2 million and a P/E ratio of 20.37.
First Financial Bancorp (Ohio) (NASDAQ:FFBC) last posted its quarterly earnings results on Friday, January 31st. The company reported $0.31 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.27 by $0.04. Analysts expect that First Financial Bancorp will post $1.17 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Tuesday, April 1st. Investors of record on Friday, February 28th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 3.55%. The ex-dividend date of this dividend is Wednesday, February 26th.
First Financial Bancorp. (NASDAQ:FFBC) is a bank holding company.
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