Keybank National Association OH lowered its holdings in shares of Premier Financial Corp. (NASDAQ:PFC - Free Report) by 17.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 84,951 shares of the company's stock after selling 17,750 shares during the period. Keybank National Association OH owned approximately 0.24% of Premier Financial worth $2,172,000 as of its most recent SEC filing.
Other hedge funds have also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp acquired a new stake in shares of Premier Financial in the 4th quarter worth approximately $26,000. Capital Performance Advisors LLP bought a new stake in Premier Financial during the third quarter worth approximately $25,000. EMC Capital Management lifted its position in Premier Financial by 511.7% in the fourth quarter. EMC Capital Management now owns 8,392 shares of the company's stock worth $215,000 after purchasing an additional 7,020 shares during the period. SG Americas Securities LLC boosted its stake in Premier Financial by 13.4% during the 4th quarter. SG Americas Securities LLC now owns 9,646 shares of the company's stock valued at $247,000 after purchasing an additional 1,139 shares in the last quarter. Finally, Verition Fund Management LLC increased its position in shares of Premier Financial by 23.3% during the 3rd quarter. Verition Fund Management LLC now owns 12,687 shares of the company's stock valued at $298,000 after purchasing an additional 2,395 shares during the period. Institutional investors own 66.14% of the company's stock.
Premier Financial Stock Performance
Shares of PFC remained flat at $28.04 during midday trading on Monday. The company has a quick ratio of 0.93, a current ratio of 0.95 and a debt-to-equity ratio of 0.42. The stock has a market cap of $1.00 billion, a P/E ratio of 14.09 and a beta of 1.28. The stock has a 50-day moving average of $27.08 and a 200-day moving average of $26.10. Premier Financial Corp. has a 1-year low of $18.63 and a 1-year high of $29.64.
Premier Financial Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, February 7th. Investors of record on Friday, January 31st were issued a $0.31 dividend. The ex-dividend date was Friday, January 31st. This represents a $1.24 dividend on an annualized basis and a dividend yield of 4.42%. Premier Financial's payout ratio is currently 62.31%.
Premier Financial Profile
(
Free Report)
Premier Financial Corp., through its subsidiaries, provides various banking services. It offers demand, checking, money market, and savings accounts, as well as certificates of deposits and certificates of deposit account registry service; and investment products. The company also provides residential and commercial real estate, commercial, construction, home improvement and home equity, installment, and consumer loans.
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