SI Financial Group, Inc. (SIFI) CEO Rheo A. Brouillard Sells 748 Shares

SI Financial Group, Inc. (NASDAQ:SIFI) CEO Rheo A. Brouillard sold 748 shares of the stock in a transaction dated Wednesday, February 14th. The stock was sold at an average price of $14.00, for a total transaction of $10,472.00. Following the completion of the sale, the chief executive officer now directly owns 44,516 shares in the company, valued at approximately $623,224. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

SI Financial Group, Inc. (SIFI) traded up $0.10 during mid-day trading on Wednesday, hitting $14.00. 6,600 shares of the company were exchanged, compared to its average volume of 10,388. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.07 and a current ratio of 1.07. SI Financial Group, Inc. has a 1-year low of $13.50 and a 1-year high of $16.45. The firm has a market cap of $169.64, a PE ratio of 12.41 and a beta of 0.28.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 26th. Investors of record on Monday, February 5th will be issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.71%. The ex-dividend date of this dividend is Friday, February 2nd. This is a boost from SI Financial Group’s previous quarterly dividend of $0.05. SI Financial Group’s dividend payout ratio (DPR) is 21.43%.

Hedge funds have recently added to or reduced their stakes in the stock. Cornerstone Capital Management Holdings LLC. increased its holdings in shares of SI Financial Group by 1,162.5% in the 2nd quarter. Cornerstone Capital Management Holdings LLC. now owns 10,100 shares of the savings and loans company’s stock worth $162,000 after acquiring an additional 9,300 shares during the period. Wells Fargo & Company MN increased its holdings in shares of SI Financial Group by 66.8% in the 3rd quarter. Wells Fargo & Company MN now owns 12,102 shares of the savings and loans company’s stock worth $181,000 after acquiring an additional 4,846 shares during the period. The Manufacturers Life Insurance Company increased its holdings in shares of SI Financial Group by 46.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 12,601 shares of the savings and loans company’s stock worth $203,000 after acquiring an additional 3,995 shares during the period. FNY Partners Fund LP increased its holdings in shares of SI Financial Group by 94.1% in the 3rd quarter. FNY Partners Fund LP now owns 18,979 shares of the savings and loans company’s stock worth $283,000 after acquiring an additional 9,199 shares during the period. Finally, Russell Investments Group Ltd. increased its holdings in shares of SI Financial Group by 610.5% in the 3rd quarter. Russell Investments Group Ltd. now owns 43,817 shares of the savings and loans company’s stock worth $655,000 after acquiring an additional 37,650 shares during the period. 59.56% of the stock is currently owned by institutional investors and hedge funds.

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SI Financial Group Company Profile

SI Financial Group, Inc is a holding company for Savings Institute Bank and Trust Company (the Bank). The Bank operates as a community-oriented financial institution offering a range of financial services to consumers and businesses in its market area, including insurance, trust and investment services.

Insider Buying and Selling by Quarter for SI Financial Group (NASDAQ:SIFI)

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