First Defiance Financial (NASDAQ:FDEF) insider Gregory R. Allen sold 2,193 shares of the business’s stock in a transaction that occurred on Friday, March 9th. The stock was sold at an average price of $56.56, for a total transaction of $124,036.08. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Shares of First Defiance Financial (FDEF) traded up $0.47 during trading on Monday, hitting $58.12. 30,373 shares of the stock were exchanged, compared to its average volume of 30,379. The firm has a market cap of $587.01, a PE ratio of 18.02 and a beta of 0.93. First Defiance Financial has a fifty-two week low of $46.71 and a fifty-two week high of $59.14. The company has a quick ratio of 0.99, a current ratio of 1.00 and a debt-to-equity ratio of 0.32.
First Defiance Financial (NASDAQ:FDEF) last announced its earnings results on Monday, January 22nd. The savings and loans company reported $0.94 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.05. The business had revenue of $35.28 million for the quarter, compared to analysts’ expectations of $35.00 million. First Defiance Financial had a net margin of 21.77% and a return on equity of 9.59%. equities analysts expect that First Defiance Financial will post 4.07 EPS for the current year.
A number of equities analysts have recently commented on the stock. BidaskClub cut shares of First Defiance Financial from a “hold” rating to a “sell” rating in a report on Friday, January 5th. Zacks Investment Research raised shares of First Defiance Financial from a “hold” rating to a “buy” rating and set a $60.00 target price on the stock in a report on Friday, December 29th. ValuEngine cut shares of First Defiance Financial from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Sandler O’Neill reaffirmed a “buy” rating and issued a $64.00 target price on shares of First Defiance Financial in a report on Tuesday, January 23rd. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $60.00 target price on shares of First Defiance Financial in a report on Friday, December 22nd. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. First Defiance Financial has an average rating of “Buy” and an average price target of $61.33.
Institutional investors have recently made changes to their positions in the company. SG Americas Securities LLC acquired a new position in shares of First Defiance Financial in the 4th quarter valued at $119,000. Handelsbanken Fonder AB acquired a new position in First Defiance Financial in the 4th quarter valued at $208,000. Highbridge Capital Management LLC acquired a new position in First Defiance Financial in the 3rd quarter valued at $226,000. MetLife Investment Advisors LLC acquired a new position in First Defiance Financial in the 4th quarter valued at $262,000. Finally, OxFORD Asset Management LLP acquired a new position in First Defiance Financial in the 3rd quarter valued at $273,000. 64.38% of the stock is currently owned by institutional investors and hedge funds.
ILLEGAL ACTIVITY WARNING: This story was posted by American Banking News and is the sole property of of American Banking News. If you are accessing this story on another publication, it was illegally stolen and reposted in violation of US and international trademark and copyright law. The legal version of this story can be read at https://www.americanbankingnews.com/2018/03/12/first-defiance-financial-fdef-insider-sells-124036-08-in-stock.html.
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).
Receive News & Ratings for First Defiance Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Defiance Financial and related companies with MarketBeat.com's FREE daily email newsletter.