First Savings Financial Group (NASDAQ:FSFG) Stock Passes Above Two Hundred Day Moving Average - Should You Sell?

First Savings Financial Group, Inc. (NASDAQ:FSFG - Get Free Report) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $23.49 and traded as high as $25.72. First Savings Financial Group shares last traded at $25.39, with a volume of 5,365 shares trading hands.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on FSFG shares. Hovde Group assumed coverage on First Savings Financial Group in a research note on Wednesday, September 11th. They set a "market perform" rating and a $24.00 target price for the company. StockNews.com raised shares of First Savings Financial Group from a "buy" rating to a "strong-buy" rating in a research report on Wednesday. Finally, Piper Sandler boosted their price objective on shares of First Savings Financial Group from $27.50 to $31.00 and gave the company an "overweight" rating in a research report on Wednesday, October 30th.

First Savings Financial Group Stock Performance

The firm has a market cap of $175.14 million, a price-to-earnings ratio of 12.82 and a beta of 0.73. The stock has a 50-day moving average of $27.84 and a 200-day moving average of $23.55. The company has a debt-to-equity ratio of 2.83, a quick ratio of 1.09 and a current ratio of 1.16.

First Savings Financial Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be issued a $0.15 dividend. The ex-dividend date is Monday, December 16th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.36%. First Savings Financial Group's dividend payout ratio (DPR) is presently 30.30%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Barclays PLC grew its stake 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 purchasing an additional 1,432 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of First Savings Financial Group by 1.2% in the third 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 in the last quarter. Fourthstone LLC increased its holdings in First Savings Financial Group by 166.2% during the third quarter. Fourthstone LLC now owns 214,671 shares of the bank's stock worth $5,111,000 after buying an additional 134,029 shares during the last quarter. Cerity Partners LLC raised its position in First Savings Financial Group by 166.0% during the third quarter. Cerity Partners LLC now owns 68,421 shares of the bank's stock worth $1,629,000 after acquiring an additional 42,696 shares in the last quarter. Finally, Empowered Funds LLC lifted its stake in First Savings Financial Group by 5.3% in the third quarter. Empowered Funds LLC now owns 32,198 shares of the bank's stock valued at $767,000 after acquiring an additional 1,608 shares during the last quarter. Institutional investors and hedge funds own 35.22% of the company's stock.

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.