Citadel Advisors LLC Takes $287,000 Position in First Savings Financial Group, Inc. (NASDAQ:FSFG)

Citadel Advisors LLC bought a new position in First Savings Financial Group, Inc. (NASDAQ:FSFG - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 10,803 shares of the bank's stock, valued at approximately $287,000. Citadel Advisors LLC owned 0.16% of First Savings Financial Group at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Tower Research Capital LLC TRC increased its stake in shares of First Savings Financial Group by 130.8% in the fourth quarter. Tower Research Capital LLC TRC now owns 990 shares of the bank's stock worth $26,000 after purchasing an additional 561 shares during the period. O Shaughnessy Asset Management LLC acquired a new stake in shares of First Savings Financial Group during the 4th quarter worth about $231,000. Schonfeld Strategic Advisors LLC bought a new position in shares of First Savings Financial Group in the fourth quarter valued at approximately $275,000. 683 Capital Management LLC bought a new position in shares of First Savings Financial Group in the fourth quarter valued at about $339,000. Finally, Jane Street Group LLC acquired a new stake in shares of First Savings Financial Group in the fourth quarter valued at approximately $391,000. Institutional investors and hedge funds own 35.22% of the company's stock.

First Savings Financial Group Price Performance

First Savings Financial Group stock traded down $0.26 during mid-day trading on Monday, reaching $25.64. The company had a trading volume of 8,825 shares, compared to its average volume of 13,524. The company has a current ratio of 1.08, a quick ratio of 1.07 and a debt-to-equity ratio of 1.96. The company has a market cap of $177.40 million, a P/E ratio of 9.36 and a beta of 0.41. First Savings Financial Group, Inc. has a fifty-two week low of $16.25 and a fifty-two week high of $30.94. The business has a fifty day simple moving average of $25.82 and a 200 day simple moving average of $25.99.

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, beating 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 company had revenue of $19.55 million for the quarter, compared to analyst estimates of $15.55 million. On average, equities research analysts predict that First Savings Financial Group, Inc. will post 2.45 earnings per share for the current year.

First Savings Financial Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be issued a $0.16 dividend. The ex-dividend date is Friday, June 13th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.50%. First Savings Financial Group's dividend payout ratio is presently 22.78%.

Analyst Ratings Changes

FSFG has been the subject of a number of recent analyst reports. Hovde Group upgraded First Savings Financial Group from a "market perform" rating to an "outperform" rating and set a $34.00 price objective for the company in a report on Tuesday, May 6th. Piper Sandler boosted 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 report on Tuesday, April 29th. Finally, Maxim Group increased their target price on shares of First Savings Financial Group from $28.00 to $31.00 and gave the stock a "buy" rating in a report on Monday, April 28th.

First Savings Financial Group Profile

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.