Fuller & Thaler Asset Management Inc. Sells 13,948 Shares of First Financial Bankshares, Inc. (NASDAQ:FFIN)

Fuller & Thaler Asset Management Inc. lowered its stake in First Financial Bankshares, Inc. (NASDAQ:FFIN - Free Report) by 1.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 915,859 shares of the bank's stock after selling 13,948 shares during the period. Fuller & Thaler Asset Management Inc. owned approximately 0.64% of First Financial Bankshares worth $33,017,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Barclays PLC boosted its stake in First Financial Bankshares by 83.0% in the third quarter. Barclays PLC now owns 289,468 shares of the bank's stock valued at $10,714,000 after buying an additional 131,259 shares in the last quarter. JPMorgan Chase & Co. increased its position in First Financial Bankshares by 39.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 461,726 shares of the bank's stock worth $17,088,000 after purchasing an additional 131,063 shares in the last quarter. Ameritas Advisory Services LLC acquired a new stake in First Financial Bankshares in the fourth quarter valued at approximately $603,000. Ballentine Partners LLC grew its stake in shares of First Financial Bankshares by 3.9% during the fourth quarter. Ballentine Partners LLC now owns 12,665 shares of the bank's stock worth $457,000 after buying an additional 475 shares during the last quarter. Finally, Blue Trust Inc. lifted its stake in shares of First Financial Bankshares by 1.8% in the 4th quarter. Blue Trust Inc. now owns 36,788 shares of the bank's stock valued at $1,362,000 after acquiring an additional 665 shares during the last quarter. Institutional investors and hedge funds own 69.78% of the company's stock.

First Financial Bankshares Stock Performance

Shares of First Financial Bankshares stock traded down $0.42 during trading hours on Wednesday, reaching $33.37. The company's stock had a trading volume of 73,615 shares, compared to its average volume of 541,157. The company has a market capitalization of $4.77 billion, a P/E ratio of 21.39 and a beta of 0.82. The stock's fifty day simple moving average is $34.74 and its two-hundred day simple moving average is $37.11. First Financial Bankshares, Inc. has a one year low of $27.62 and a one year high of $44.66.

First Financial Bankshares (NASDAQ:FFIN - Get Free Report) last posted its earnings results on Thursday, April 17th. The bank reported $0.43 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.43. First Financial Bankshares had a net margin of 29.69% and a return on equity of 14.24%. The firm had revenue of $149.02 million during the quarter, compared to analyst estimates of $149.48 million. As a group, research analysts forecast that First Financial Bankshares, Inc. will post 1.78 earnings per share for the current year.

Insider Buying and Selling at First Financial Bankshares

In other news, Director Johnny Trotter acquired 6,000 shares of the firm's stock in a transaction that occurred on Wednesday, March 12th. The stock was bought at an average price of $35.12 per share, with a total value of $210,720.00. Following the acquisition, the director now owns 949,371 shares in the company, valued at $33,341,909.52. The trade was a 0.64 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 4.22% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on FFIN shares. Keefe, Bruyette & Woods lowered their target price on First Financial Bankshares from $38.00 to $36.00 and set a "market perform" rating for the company in a report on Monday, April 21st. Hovde Group reduced their price target on First Financial Bankshares from $40.00 to $38.00 and set a "market perform" rating on the stock in a research report on Monday, April 21st.

First Financial Bankshares Company Profile

First Financial Bankshares, Inc, through its subsidiaries, provides commercial banking products and services in Texas. The company offers checking, savings and time deposits; automated teller machines, drive-in, and night deposit services; safe deposit facilities, remote deposit capture, internet banking, mobile banking, payroll cards, funds transfer, and performing other customary commercial banking services; securities brokerage services; and trust and wealth management services, including wealth management, estates administration, oil and gas management, testamentary trusts, revocable and irrevocable trusts, and agency accounts.