First Savings Financial Group (NASDAQ:FSFG) Stock Crosses Above 200 Day Moving Average - Time to Sell?

First Savings Financial Group, Inc. (NASDAQ:FSFG - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $25.89 and traded as high as $26.28. First Savings Financial Group shares last traded at $25.76, with a volume of 9,773 shares traded.

Analysts Set New Price Targets

A number of research firms recently weighed in on FSFG. StockNews.com cut shares of First Savings Financial Group from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, January 14th. Piper Sandler lowered their price objective on First Savings Financial Group from $33.00 to $30.00 and set an "overweight" rating on the stock in a research report on Friday, January 31st. Finally, Maxim Group set a $28.00 target price on First Savings Financial Group and gave the stock a "buy" rating in a research report on Tuesday, February 4th.

First Savings Financial Group Stock Down 5.7 %

The company has a quick ratio of 1.07, a current ratio of 1.08 and a debt-to-equity ratio of 1.96. The company has a 50 day simple moving average of $24.92 and a two-hundred day simple moving average of $25.91. The company has a market capitalization of $160.91 million, a P/E ratio of 8.49 and a beta of 0.75.

First Savings Financial Group (NASDAQ:FSFG - Get Free Report) last issued its quarterly earnings results on Tuesday, January 28th. The bank reported $0.62 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.68 by ($0.06). First Savings Financial Group had a return on equity of 8.79% and a net margin of 13.34%. As a group, equities analysts predict that First Savings Financial Group, Inc. will post 2.45 EPS for the current year.

First Savings Financial Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were given a $0.16 dividend. This is a positive change from First Savings Financial Group's previous quarterly dividend of $0.15. This represents a $0.64 dividend on an annualized basis and a yield of 2.75%. The ex-dividend date was Friday, March 14th. First Savings Financial Group's dividend payout ratio is 23.36%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Tower Research Capital LLC TRC lifted its position in shares of 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 last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of First Savings Financial Group in the fourth quarter valued at approximately $76,000. 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 worth $81,000 after purchasing an additional 1,432 shares in the last quarter. Cubist Systematic Strategies LLC purchased a new position in First Savings Financial Group during the 4th quarter worth $153,000. Finally, O Shaughnessy Asset Management LLC bought a new stake in First Savings Financial Group during the 4th quarter valued at $231,000. Hedge funds and other institutional investors 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.