Susquehanna International Group LLP Buys 61,637 Shares of First Savings Financial Group, Inc. (NASDAQ:FSFG)

Susquehanna International Group LLP grew its holdings in First Savings Financial Group, Inc. (NASDAQ:FSFG - Free Report) by 617.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 71,617 shares of the bank's stock after purchasing an additional 61,637 shares during the period. Susquehanna International Group LLP owned approximately 1.04% of First Savings Financial Group worth $1,902,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Tower Research Capital LLC TRC boosted its position in First Savings Financial Group by 130.8% during 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. Barclays PLC grew its position in First Savings Financial Group by 72.9% in the third quarter. Barclays PLC now owns 3,396 shares of the bank's stock valued at $81,000 after acquiring an additional 1,432 shares during the period. O Shaughnessy Asset Management LLC bought a new position in shares of First Savings Financial Group during the fourth quarter valued at $231,000. Connor Clark & Lunn Investment Management Ltd. bought a new position in First Savings Financial Group during the 4th quarter valued at about $597,000. Finally, Renaissance Technologies LLC grew its position in First Savings Financial Group by 91.2% during the 4th 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. 35.22% of the stock is owned by hedge funds and other institutional investors.

First Savings Financial Group Price Performance

FSFG stock traded up $0.02 during midday trading on Thursday, reaching $27.88. The company had a trading volume of 5,291 shares, compared to its average volume of 12,370. The stock has a 50 day moving average price of $25.25 and a 200-day moving average price of $26.14. First Savings Financial Group, Inc. has a 1-year low of $16.21 and a 1-year high of $30.94. The company has a debt-to-equity ratio of 1.96, a current ratio of 1.08 and a quick ratio of 1.07. The company has a market capitalization of $192.76 million, a price-to-earnings ratio of 10.17 and a beta of 0.40.

First Savings Financial Group (NASDAQ:FSFG - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The bank reported $0.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.21. The company had revenue of $19.55 million during the quarter, compared to the consensus estimate of $15.55 million. First Savings Financial Group had a net margin of 13.34% and a return on equity of 8.79%. Equities research analysts expect 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. Investors of record on Friday, March 14th were given a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.30%. The ex-dividend date of this dividend was Friday, March 14th. This is an increase from First Savings Financial Group's previous quarterly dividend of $0.15. First Savings Financial Group's payout ratio is presently 22.78%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on FSFG shares. Maxim Group boosted their target price on First Savings Financial Group from $28.00 to $31.00 and gave the stock a "buy" rating in a research report on Monday, April 28th. Piper Sandler raised their price objective on First Savings Financial Group from $30.00 to $32.00 and gave the stock an "overweight" rating in a research note on Tuesday, April 29th. Finally, Hovde Group upgraded 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 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.