Jane Street Group LLC Makes New Investment in First Savings Financial Group, Inc. (NASDAQ:FSFG)

Jane Street Group LLC acquired a new position in First Savings Financial Group, Inc. (NASDAQ:FSFG - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 14,738 shares of the bank's stock, valued at approximately $391,000. Jane Street Group LLC owned 0.21% of First Savings Financial Group as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Susquehanna International Group LLP increased its stake in First Savings Financial Group by 617.6% in the 4th quarter. Susquehanna International Group LLP now owns 71,617 shares of the bank's stock worth $1,902,000 after purchasing an additional 61,637 shares in the last quarter. Cerity Partners LLC lifted its position in First Savings Financial Group by 1.8% during the 4th quarter. Cerity Partners LLC now owns 69,621 shares of the bank's stock worth $1,849,000 after acquiring an additional 1,200 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in First Savings Financial Group by 27.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 61,169 shares of the bank's stock valued at $1,624,000 after purchasing an additional 13,175 shares during the period. Renaissance Technologies LLC grew its stake in shares of First Savings Financial Group by 91.2% in the fourth quarter. Renaissance Technologies LLC now owns 56,800 shares of the bank's stock worth $1,509,000 after acquiring an additional 27,100 shares during the last quarter. Finally, Northern Trust Corp increased its holdings in shares of First Savings Financial Group by 17.3% during the 4th quarter. Northern Trust Corp now owns 46,449 shares of the bank's stock worth $1,234,000 after purchasing an additional 6,863 shares during the period. Institutional investors own 35.22% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on FSFG shares. Piper Sandler lifted their price objective on First Savings Financial Group from $30.00 to $32.00 and gave the company an "overweight" rating in a report on Tuesday, April 29th. Maxim Group boosted their price target on shares of First Savings Financial Group from $28.00 to $31.00 and gave the company a "buy" rating in a report on Monday, April 28th. Finally, Hovde Group raised First Savings Financial Group from a "market perform" rating to an "outperform" rating and set a $34.00 price target for the company in a research report on Tuesday, May 6th.

First Savings Financial Group Trading Down 0.5%

Shares of First Savings Financial Group stock traded down $0.12 during trading on Wednesday, hitting $25.78. The company's stock had a trading volume of 18,968 shares, compared to its average volume of 13,477. The stock has a market cap of $178.37 million, a price-to-earnings ratio of 9.41 and a beta of 0.40. The company has a debt-to-equity ratio of 1.96, a current ratio of 1.08 and a quick ratio of 1.07. First Savings Financial Group, Inc. has a 52 week low of $16.25 and a 52 week high of $30.94. The stock has a 50-day moving average price of $25.82 and a two-hundred day moving average price of $26.07.

First Savings Financial Group (NASDAQ:FSFG - Get Free Report) last issued its earnings results on Thursday, April 24th. The bank reported $0.76 EPS for the quarter, beating analysts' consensus estimates of $0.55 by $0.21. The business had revenue of $19.55 million during the quarter, compared to analyst estimates of $15.55 million. First Savings Financial Group had a return on equity of 8.79% and a net margin of 13.34%. Equities research analysts anticipate that First Savings Financial Group, Inc. will post 2.45 EPS for the current fiscal year.

First Savings Financial Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be given a dividend of $0.16 per share. The ex-dividend date is Friday, June 13th. This represents a $0.64 annualized dividend and a dividend yield of 2.48%. First Savings Financial Group's payout ratio is 22.78%.

First Savings Financial Group Company 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.