First Savings Financial Group (NASDAQ:FSFG) Share Price Passes Above Two Hundred Day Moving Average - Time to Sell?

First Savings Financial Group, Inc. (NASDAQ:FSFG - Get Free Report) shares 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 changing hands.

Analyst Ratings Changes

A number of analysts have commented on FSFG shares. StockNews.com lowered 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 decreased their price objective on First Savings Financial Group from $33.00 to $30.00 and set an "overweight" rating for the company in a report on Friday, January 31st. Finally, Maxim Group set a $28.00 price objective on shares of First Savings Financial Group and gave the company a "buy" rating in a research note on Tuesday, February 4th.

First Savings Financial Group Trading Up 1.2 %

The stock's fifty day moving average price is $24.97 and its 200 day moving average price is $25.91. The stock has a market cap of $180.00 million, a P/E ratio of 9.50 and a beta of 0.75. The company has a current ratio of 1.08, a quick ratio of 1.07 and a debt-to-equity ratio of 1.96.

First Savings Financial Group (NASDAQ:FSFG - Get Free Report) last posted its earnings results on Tuesday, January 28th. The bank reported $0.62 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%. Equities research analysts expect that First Savings Financial Group, Inc. will post 2.45 earnings per share for the current year.

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First Savings Financial Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were issued a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 2.46%. 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 dividend payout ratio is 23.36%.

Institutional Investors Weigh In On First Savings Financial Group

Large investors have recently added to or reduced their stakes in the stock. Tower Research Capital LLC TRC lifted its stake in First Savings Financial Group by 130.8% in the fourth quarter. Tower Research Capital LLC TRC now owns 990 shares of the bank's stock worth $26,000 after acquiring an additional 561 shares during the period. Point72 Asia Singapore Pte. Ltd. purchased a new stake in First Savings Financial Group in the 4th quarter worth approximately $76,000. Barclays PLC raised its holdings in First Savings Financial Group by 72.9% in the 3rd quarter. Barclays PLC now owns 3,396 shares of the bank's stock worth $81,000 after purchasing an additional 1,432 shares during the period. Cubist Systematic Strategies LLC purchased a new position in First Savings Financial Group during the fourth quarter valued at $153,000. Finally, O Shaughnessy Asset Management LLC purchased a new stake in shares of First Savings Financial Group during the fourth quarter worth approximately $231,000. 35.22% of the stock is owned by institutional investors.

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.