First Savings Financial Group (NASDAQ:FSFG) Share Price Passes Above 200 Day Moving Average - What's Next?

Shares of First Savings Financial Group, Inc. (NASDAQ:FSFG - Get Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $24.25 and traded as high as $26.49. First Savings Financial Group shares last traded at $25.89, with a volume of 9,142 shares changing hands.

Analysts Set New Price Targets

A number of analysts have recently weighed in on FSFG shares. Piper Sandler upped their price target on shares of First Savings Financial Group from $27.50 to $31.00 and gave the stock an "overweight" rating in a report on Wednesday, October 30th. StockNews.com cut First Savings Financial Group from a "strong-buy" rating to a "buy" rating in a research note on Thursday, January 2nd.

First Savings Financial Group Stock Performance

The company has a debt-to-equity ratio of 2.83, a quick ratio of 1.09 and a current ratio of 1.16. The firm has a market cap of $171.69 million, a P/E ratio of 12.57 and a beta of 0.75. The company's 50 day moving average is $27.97 and its 200 day moving average is $24.31.

First Savings Financial Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.41%. The ex-dividend date was Monday, December 16th. First Savings Financial Group's payout ratio is 30.30%.

Institutional Trading of First Savings Financial Group

Several institutional investors have recently modified their holdings of FSFG. Fourthstone LLC grew its position 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. Cerity Partners LLC raised its holdings in First Savings Financial Group by 166.0% during the 3rd quarter. Cerity Partners LLC now owns 68,421 shares of the bank's stock worth $1,629,000 after purchasing an additional 42,696 shares during the last quarter. Empowered Funds LLC boosted its stake 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 purchasing an additional 1,608 shares during the last quarter. Barclays PLC increased its position in shares of First Savings Financial Group by 72.9% during the third quarter. Barclays PLC now owns 3,396 shares of the bank's stock worth $81,000 after buying an additional 1,432 shares during the period. Finally, Geode Capital Management LLC raised its stake in First Savings Financial Group by 1.2% during the third quarter. Geode Capital Management LLC now owns 58,253 shares of the bank's stock worth $1,387,000 after buying an additional 690 shares during the last quarter. Institutional investors 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.