First Savings Financial Group (NASDAQ:FSFG) Shares Pass Above 200 Day Moving Average – Should You Sell?

First Savings Financial Group, Inc. (NASDAQ:FSFG)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $29.71 and traded as high as $33.98. First Savings Financial Group shares last traded at $33.98, with a volume of 117,623 shares traded.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “buy (b-)” rating on shares of First Savings Financial Group in a research report on Thursday, January 22nd. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $32.33.

First Savings Financial Group Stock Performance

The firm has a market cap of $238.54 million, a price-to-earnings ratio of 10.27 and a beta of 0.45. The stock has a 50-day moving average of $32.28 and a 200-day moving average of $29.71. The company has a debt-to-equity ratio of 2.41, a quick ratio of 1.12 and a current ratio of 1.15.

First Savings Financial Group (NASDAQ:FSFG) last posted its quarterly earnings data on Thursday, October 30th. The bank reported $0.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.76 by $0.06. First Savings Financial Group had a net margin of 15.82% and a return on equity of 11.51%. The company had revenue of $21.79 million for the quarter, compared to the consensus estimate of $17.21 million. As a group, analysts anticipate that First Savings Financial Group, Inc. will post 2.45 EPS for the current fiscal year.

First Savings Financial Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th were paid a $0.16 dividend. This represents a $0.64 annualized dividend and a yield of 1.9%. The ex-dividend date was Monday, December 15th. First Savings Financial Group’s payout ratio is presently 19.34%.

Hedge Funds Weigh In On First Savings Financial Group

Hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. raised its holdings in First Savings Financial Group by 0.3% during the third quarter. Vanguard Group Inc. now owns 283,020 shares of the bank’s stock worth $8,895,000 after acquiring an additional 744 shares in the last quarter. Alliancebernstein L.P. grew its stake in First Savings Financial Group by 44.2% in the third quarter. Alliancebernstein L.P. now owns 270,115 shares of the bank’s stock valued at $8,490,000 after purchasing an additional 82,742 shares in the last quarter. Geode Capital Management LLC increased its position in shares of First Savings Financial Group by 112.2% during the 2nd quarter. Geode Capital Management LLC now owns 129,685 shares of the bank’s stock worth $3,248,000 after purchasing an additional 68,561 shares during the last quarter. Segall Bryant & Hamill LLC bought a new stake in shares of First Savings Financial Group during the 3rd quarter worth approximately $2,186,000. Finally, Bridgeway Capital Management LLC boosted its holdings in shares of First Savings Financial Group by 8.0% in the 3rd quarter. Bridgeway Capital Management LLC now owns 57,964 shares of the bank’s stock valued at $1,822,000 after buying an additional 4,316 shares during the last quarter. Institutional investors own 35.22% of the company’s stock.

About First Savings Financial Group

First Savings Financial Group, Inc is a bank holding company headquartered in Fairfield, Iowa, serving as the parent of First Savings Bank. The company operates as a community-based financial services provider, offering banking and financial products to individuals, small businesses, and agricultural clients in its regional markets.

Through its subsidiary First Savings Bank, the company delivers a suite of deposit and lending solutions that includes checking and savings accounts, consumer and residential mortgage loans, commercial and agricultural lending, and treasury management services.