Flushing Financial Corporation (NASDAQ:FFIC) Director Sam Sang Ki Han sold 5,000 shares of the business’s stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $28.93, for a total transaction of $144,650.00. Following the transaction, the director now owns 41,066 shares in the company, valued at $1,188,039.38. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Shares of Flushing Financial Corporation (NASDAQ:FFIC) traded down $0.23 on Monday, reaching $28.05. 86,600 shares of the company were exchanged, compared to its average volume of 58,721. Flushing Financial Corporation has a twelve month low of $24.27 and a twelve month high of $31.96. The firm has a market cap of $808.40, a price-to-earnings ratio of 17.21, a P/E/G ratio of 1.68 and a beta of 1.06. The company has a debt-to-equity ratio of 2.23, a quick ratio of 1.15 and a current ratio of 1.15.

Flushing Financial (NASDAQ:FFIC) last announced its quarterly earnings results on Tuesday, October 31st. The bank reported $0.37 EPS for the quarter, missing the Zacks’ consensus estimate of $0.44 by ($0.07). Flushing Financial had a net margin of 19.50% and a return on equity of 9.04%. The company had revenue of $44.70 million during the quarter. analysts anticipate that Flushing Financial Corporation will post 1.67 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 8th will be paid a $0.18 dividend. The ex-dividend date of this dividend is Thursday, December 7th. This represents a $0.72 dividend on an annualized basis and a yield of 2.57%. Flushing Financial’s dividend payout ratio (DPR) is currently 42.11%.

A number of institutional investors and hedge funds have recently made changes to their positions in FFIC. Teachers Advisors LLC grew its stake in Flushing Financial by 3.5% in the 1st quarter. Teachers Advisors LLC now owns 51,793 shares of the bank’s stock valued at $1,392,000 after buying an additional 1,744 shares during the last quarter. Legal & General Group Plc grew its stake in Flushing Financial by 20.8% in the 1st quarter. Legal & General Group Plc now owns 10,239 shares of the bank’s stock valued at $276,000 after buying an additional 1,761 shares during the last quarter. Vanguard Group Inc. grew its stake in Flushing Financial by 3.5% in the 1st quarter. Vanguard Group Inc. now owns 1,323,206 shares of the bank’s stock valued at $35,554,000 after buying an additional 44,975 shares during the last quarter. Geode Capital Management LLC grew its stake in Flushing Financial by 3.2% in the 1st quarter. Geode Capital Management LLC now owns 237,527 shares of the bank’s stock valued at $6,382,000 after buying an additional 7,432 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. grew its stake in Flushing Financial by 5.4% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 126,671 shares of the bank’s stock valued at $3,404,000 after buying an additional 6,462 shares during the last quarter. Institutional investors and hedge funds own 77.36% of the company’s stock.

Several research analysts have recently weighed in on the stock. ValuEngine upgraded shares of Flushing Financial from a “hold” rating to a “buy” rating in a research note on Friday. Zacks Investment Research lowered shares of Flushing Financial from a “buy” rating to a “hold” rating in a research note on Friday, August 25th. Keefe, Bruyette & Woods restated a “hold” rating and set a $30.00 price objective on shares of Flushing Financial in a research note on Thursday, August 10th. Piper Jaffray Companies restated a “hold” rating and set a $28.00 price objective on shares of Flushing Financial in a research note on Friday, November 10th. Finally, Sandler O’Neill lowered shares of Flushing Financial from a “buy” rating to a “hold” rating and set a $31.00 price objective on the stock. in a research note on Thursday. They noted that the move was a valuation call. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $30.25.

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Flushing Financial Company Profile

Flushing Financial Corporation is the bank holding company for Flushing Bank (the Bank). The Company is a community-oriented financial institution offering a range of financial services. The Bank’s subsidiaries include Flushing Preferred Funding Corporation, Flushing Service Corporation and FSB Properties Inc The Company also owns Flushing Financial Capital Trust II, Flushing Financial Capital Trust III and Flushing Financial Capital Trust IV (the Trusts).

Insider Buying and Selling by Quarter for Flushing Financial (NASDAQ:FFIC)

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