10,337 Shares in First Savings Financial Group, Inc. (NASDAQ:FSFG) Acquired by Schonfeld Strategic Advisors LLC

Schonfeld Strategic Advisors 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 13F filing with the SEC. The fund acquired 10,337 shares of the bank's stock, valued at approximately $275,000. Schonfeld Strategic Advisors LLC owned about 0.15% of First Savings Financial Group at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Susquehanna International Group LLP raised its position in shares of First Savings Financial Group by 617.6% during the 4th quarter. Susquehanna International Group LLP now owns 71,617 shares of the bank's stock valued at $1,902,000 after acquiring an additional 61,637 shares during the last quarter. Renaissance Technologies LLC raised its position in shares of First Savings Financial Group by 91.2% during the 4th quarter. Renaissance Technologies LLC now owns 56,800 shares of the bank's stock valued at $1,509,000 after acquiring 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 4th quarter valued at $597,000. Dimensional Fund Advisors LP raised its position in shares of 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 acquiring an additional 13,175 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC bought a new stake in shares of First Savings Financial Group during the 4th quarter valued at $231,000. Institutional investors own 35.22% of the company's stock.

Analysts Set New Price Targets

FSFG has been the subject of several research analyst reports. 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. Piper Sandler boosted their price target on shares of First Savings Financial Group from $30.00 to $32.00 and gave the company an "overweight" rating in a report on Tuesday, April 29th. Finally, Hovde Group raised shares of 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 report on Tuesday, May 6th.

First Savings Financial Group Stock Down 0.1%

NASDAQ:FSFG traded down $0.02 on Friday, hitting $27.83. 29,245 shares of the company's stock were exchanged, compared to its average volume of 12,611. The firm has a 50-day moving average price of $25.39 and a 200-day moving average price of $26.14. 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 company has a market cap of $192.56 million, a P/E ratio of 10.16 and a beta of 0.40.

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

First Savings Financial Group Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were issued a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.30%. This is a boost from First Savings Financial Group's previous quarterly dividend of $0.15. The ex-dividend date of this dividend was Friday, March 14th. First Savings Financial Group's dividend payout ratio is presently 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.