First Savings Financial Group (NASDAQ:FSFG) Stock Price Passes Above Two Hundred Day Moving Average - What's Next?

First Savings Financial Group, Inc. (NASDAQ:FSFG - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $24.72 and traded as high as $25.77. First Savings Financial Group shares last traded at $25.58, with a volume of 17,761 shares traded.

Analyst Ratings Changes

FSFG has been the subject of several recent research reports. StockNews.com cut First Savings Financial Group from a "strong-buy" rating to a "buy" rating in a report on Tuesday, January 14th. Piper Sandler increased their target price on First Savings Financial Group from $27.50 to $31.00 and gave the stock an "overweight" rating in a research note on Wednesday, October 30th.

First Savings Financial Group Trading Up 0.4 %

The business has a 50 day moving average of $27.58 and a 200-day moving average of $24.77. The company has a current ratio of 1.08, a quick ratio of 1.07 and a debt-to-equity ratio of 1.99. The firm has a market capitalization of $177.52 million, a P/E ratio of 12.97 and a beta of 0.75.

First Savings Financial Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 2.34%. The ex-dividend date of this dividend was Monday, December 16th. First Savings Financial Group's dividend payout ratio (DPR) is currently 30.30%.

Hedge Funds Weigh In On First Savings Financial Group

A number of large investors have recently bought and sold shares of the company. Empowered Funds LLC boosted its holdings in shares of First Savings Financial Group by 5.3% in the 3rd quarter. Empowered Funds LLC now owns 32,198 shares of the bank's stock valued at $767,000 after buying an additional 1,608 shares during the last quarter. Cerity Partners LLC boosted its holdings in shares of First Savings Financial Group by 166.0% in the 3rd quarter. Cerity Partners LLC now owns 68,421 shares of the bank's stock valued at $1,629,000 after buying an additional 42,696 shares during the last quarter. Fourthstone LLC boosted its holdings in shares of First Savings Financial Group by 166.2% in the 3rd quarter. Fourthstone LLC now owns 214,671 shares of the bank's stock valued at $5,111,000 after buying an additional 134,029 shares during the last quarter. Barclays PLC boosted its holdings in shares of First Savings Financial Group by 72.9% in the 3rd quarter. Barclays PLC now owns 3,396 shares of the bank's stock valued at $81,000 after buying an additional 1,432 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in shares of First Savings Financial Group by 1.2% in the 3rd quarter. Geode Capital Management LLC now owns 58,253 shares of the bank's stock valued at $1,387,000 after buying an additional 690 shares during the last quarter. Institutional investors and hedge funds own 35.22% of the company's stock.

About First Savings Financial Group

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.