Dimensional Fund Advisors LP Has $1.62 Million Holdings in First Savings Financial Group, Inc. (NASDAQ:FSFG)

Dimensional Fund Advisors LP boosted its holdings in First Savings Financial Group, Inc. (NASDAQ:FSFG - Free Report) by 27.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 61,169 shares of the bank's stock after acquiring an additional 13,175 shares during the period. Dimensional Fund Advisors LP owned about 0.89% of First Savings Financial Group worth $1,624,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Renaissance Technologies LLC raised its holdings in shares of First Savings Financial Group by 91.2% during the fourth quarter. Renaissance Technologies LLC now owns 56,800 shares of the bank's stock valued at $1,509,000 after buying an additional 27,100 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of First Savings Financial Group during the fourth quarter valued at approximately $597,000. O Shaughnessy Asset Management LLC bought a new stake in shares of First Savings Financial Group during the fourth quarter valued at approximately $231,000. Barclays PLC raised its holdings in shares of First Savings Financial Group by 72.9% during the third quarter. Barclays PLC now owns 3,396 shares of the bank's stock valued at $81,000 after buying an additional 1,432 shares during the last quarter. Finally, Cerity Partners LLC raised its holdings in shares of First Savings Financial Group by 1.8% during the fourth quarter. Cerity Partners LLC now owns 69,621 shares of the bank's stock valued at $1,849,000 after buying an additional 1,200 shares during the last quarter. Institutional investors own 35.22% of the company's stock.

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. Piper Sandler raised their price objective on shares of First Savings Financial Group from $30.00 to $32.00 and gave the company an "overweight" rating in a research note on Tuesday, April 29th. Hovde Group upgraded shares of First Savings Financial Group from a "market perform" rating to an "outperform" rating and set a $34.00 price objective on the stock in a research note on Tuesday, May 6th. Finally, Maxim Group raised their price objective on shares of First Savings Financial Group from $28.00 to $31.00 and gave the company a "buy" rating in a research note on Monday, April 28th.

First Savings Financial Group Price Performance

First Savings Financial Group stock traded down $0.02 during mid-day trading on Friday, hitting $27.83. The company's stock had a trading volume of 29,245 shares, compared to its average volume of 12,611. The company has a quick ratio of 1.07, a current ratio of 1.08 and a debt-to-equity ratio of 1.96. The stock has a market capitalization of $192.56 million, a P/E ratio of 10.16 and a beta of 0.40. First Savings Financial Group, Inc. has a twelve month low of $16.25 and a twelve month high of $30.94. The stock's fifty day moving average price is $25.39 and its two-hundred day moving average price is $26.15.

First Savings Financial Group (NASDAQ:FSFG - Get Free Report) last posted its quarterly earnings data on Thursday, April 24th. The bank reported $0.76 EPS for the quarter, topping analysts' consensus estimates of $0.55 by $0.21. First Savings Financial Group had a net margin of 13.34% and a return on equity of 8.79%. The firm had revenue of $19.55 million during the quarter, compared to analyst estimates of $15.55 million. Research analysts forecast that First Savings Financial Group, Inc. will post 2.45 earnings per share for the current year.

First Savings Financial Group Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were paid a dividend of $0.16 per share. The ex-dividend date was Friday, March 14th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.30%. This is a positive change from First Savings Financial Group's previous quarterly dividend of $0.15. First Savings Financial Group's dividend payout ratio (DPR) is 22.78%.

About First Savings Financial Group

First Savings Financial Group, Inc operates as the bank holding company for First Savings Bank that provides various financial services to consumers and businesses in southern Indiana. The company operates through three segments: Core Banking, SBA Lending, and Mortgage Banking. It accepts deposits, such as checking accounts, NOW and money market accounts, regular savings accounts, and time deposits.