First Defiance Financial Corp. (NASDAQ:FDEF)‘s stock had its “hold” rating restated by equities researchers at Keefe, Bruyette & Woods in a report issued on Thursday. They presently have a $54.00 price target on the savings and loans company’s stock. Keefe, Bruyette & Woods’ price target would suggest a potential downside of 1.30% from the stock’s previous close.

A number of other research analysts have also issued reports on FDEF. Sandler O’Neill started coverage on First Defiance Financial Corp. in a research report on Wednesday, June 21st. They set a “hold” rating and a $56.00 price objective for the company. Zacks Investment Research lowered First Defiance Financial Corp. from a “hold” rating to a “sell” rating in a research report on Thursday, July 20th. BidaskClub lowered First Defiance Financial Corp. from a “hold” rating to a “sell” rating in a research report on Tuesday, August 1st. Finally, ValuEngine lowered First Defiance Financial Corp. from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $57.67.

Shares of First Defiance Financial Corp. (NASDAQ:FDEF) traded down 1.46% on Thursday, hitting $54.71. 19,383 shares of the stock traded hands. The firm’s 50 day moving average is $51.46 and its 200-day moving average is $51.97. First Defiance Financial Corp. has a 12 month low of $36.91 and a 12 month high of $56.91. The company has a market cap of $555.25 million, a PE ratio of 17.59 and a beta of 0.92.

First Defiance Financial Corp. (NASDAQ:FDEF) last released its quarterly earnings data on Monday, October 16th. The savings and loans company reported $0.92 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.87 by $0.05. First Defiance Financial Corp. had a return on equity of 9.74% and a net margin of 21.47%. The business had revenue of $34.50 million during the quarter, compared to analyst estimates of $34.85 million. Equities analysts predict that First Defiance Financial Corp. will post $3.16 earnings per share for the current year.

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A number of large investors have recently added to or reduced their stakes in FDEF. Wells Fargo & Company MN boosted its position in First Defiance Financial Corp. by 8.6% during the 1st quarter. Wells Fargo & Company MN now owns 19,518 shares of the savings and loans company’s stock valued at $966,000 after purchasing an additional 1,538 shares during the period. Bank of New York Mellon Corp boosted its position in First Defiance Financial Corp. by 4.6% during the 1st quarter. Bank of New York Mellon Corp now owns 60,967 shares of the savings and loans company’s stock valued at $3,018,000 after purchasing an additional 2,671 shares during the period. Karp Capital Management Corp acquired a new position in First Defiance Financial Corp. during the 1st quarter valued at approximately $299,000. Parametric Portfolio Associates LLC boosted its position in First Defiance Financial Corp. by 3.8% during the 1st quarter. Parametric Portfolio Associates LLC now owns 12,287 shares of the savings and loans company’s stock valued at $608,000 after purchasing an additional 453 shares during the period. Finally, Prudential Financial Inc. boosted its position in First Defiance Financial Corp. by 11.5% during the 1st quarter. Prudential Financial Inc. now owns 97,850 shares of the savings and loans company’s stock valued at $4,845,000 after purchasing an additional 10,080 shares during the period. Institutional investors and hedge funds own 63.90% of the company’s stock.

About First Defiance Financial Corp.

First Defiance Financial Corp. is a unitary thrift holding company that focuses on traditional banking and property and casualty, life and group health insurance products. The Company operates through its subsidiaries, First Federal Bank of the Midwest (First Federal or the Bank), First Insurance Group of the Midwest, Inc (First Insurance) and First Defiance Risk Management Inc (First Defiance Risk Management).

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