Shares of First Defiance Financial (NASDAQ:FDEF) have been given a consensus broker rating score of 2.33 (Buy) from the three brokers that cover the stock, Zacks Investment Research reports. Two analysts have rated the stock with a hold rating and one has issued a strong buy rating on the company.

Analysts have set a 12-month consensus target price of $56.00 for the company and are expecting that the company will post $0.89 earnings per share for the current quarter, according to Zacks. Zacks has also given First Defiance Financial an industry rank of 15 out of 265 based on the ratings given to related companies.

A number of research analysts have weighed in on the stock. BidaskClub cut shares of First Defiance Financial from a “hold” rating to a “sell” rating in a research report on Friday, January 5th. Zacks Investment Research upgraded shares of First Defiance Financial from a “hold” rating to a “buy” rating and set a $60.00 price objective on the stock in a research report on Friday, December 29th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $60.00 price objective on shares of First Defiance Financial in a research report on Friday, December 22nd. Finally, ValuEngine upgraded shares of First Defiance Financial from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd.

Shares of First Defiance Financial (FDEF) opened at $53.28 on Wednesday. The stock has a market cap of $546.28, a price-to-earnings ratio of 17.24 and a beta of 0.93. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.00 and a current ratio of 1.01. First Defiance Financial has a 12 month low of $46.27 and a 12 month high of $56.91.

First Defiance Financial (NASDAQ:FDEF) last released its quarterly earnings results 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. The company had revenue of $34.50 million for the quarter, compared to the consensus estimate of $34.85 million. First Defiance Financial had a net margin of 21.47% and a return on equity of 9.51%. equities analysts forecast that First Defiance Financial will post 3.45 EPS for the current year.

In other news, insider Gregory R. Allen sold 1,000 shares of the company’s stock in a transaction dated Tuesday, December 5th. The shares were sold at an average price of $54.55, for a total value of $54,550.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Robert E. Beach sold 4,000 shares of the company’s stock in a transaction dated Wednesday, November 29th. The stock was sold at an average price of $55.67, for a total transaction of $222,680.00. Following the completion of the transaction, the director now owns 49,692 shares in the company, valued at $2,766,353.64. The disclosure for this sale can be found here. Insiders have sold 9,074 shares of company stock worth $496,139 in the last quarter. Company insiders own 3.40% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP grew its holdings in shares of First Defiance Financial by 0.9% in the third quarter. Dimensional Fund Advisors LP now owns 787,837 shares of the savings and loans company’s stock worth $41,354,000 after purchasing an additional 7,303 shares during the last quarter. The Manufacturers Life Insurance Company grew its holdings in shares of First Defiance Financial by 2.7% in the second quarter. The Manufacturers Life Insurance Company now owns 425,337 shares of the savings and loans company’s stock worth $22,406,000 after purchasing an additional 11,000 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of First Defiance Financial by 14.4% in the second quarter. Vanguard Group Inc. now owns 403,802 shares of the savings and loans company’s stock worth $21,272,000 after purchasing an additional 50,760 shares during the last quarter. State Street Corp grew its holdings in shares of First Defiance Financial by 14.2% in the second quarter. State Street Corp now owns 177,102 shares of the savings and loans company’s stock worth $9,332,000 after purchasing an additional 22,079 shares during the last quarter. Finally, Northern Trust Corp grew its holdings in shares of First Defiance Financial by 20.2% in the second quarter. Northern Trust Corp now owns 166,214 shares of the savings and loans company’s stock worth $8,756,000 after purchasing an additional 27,910 shares during the last quarter. Hedge funds and other institutional investors own 64.14% of the company’s stock.

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About First Defiance Financial

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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