Premier Financial Corp. (NASDAQ:PFC - Get Free Report) reached a new 52-week high on Friday . The company traded as high as $29.64 and last traded at $29.25, with a volume of 10321 shares trading hands. The stock had previously closed at $29.18.
Premier Financial Stock Performance
The company has a 50 day simple moving average of $26.71 and a 200-day simple moving average of $25.67. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.95 and a quick ratio of 0.93. The stock has a market cap of $1.05 billion, a P/E ratio of 14.68 and a beta of 1.28.
Premier Financial Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, February 7th. Shareholders of record on Friday, January 31st were paid a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 4.24%. The ex-dividend date was Friday, January 31st. Premier Financial's dividend payout ratio is currently 62.31%.
Hedge Funds Weigh In On Premier Financial
Several institutional investors and hedge funds have recently made changes to their positions in PFC. D.A. Davidson & CO. grew its stake in shares of Premier Financial by 1.4% during the fourth quarter. D.A. Davidson & CO. now owns 26,949 shares of the company's stock valued at $689,000 after buying an additional 374 shares during the last quarter. Corient Private Wealth LLC grew its position in Premier Financial by 1.5% during the 4th quarter. Corient Private Wealth LLC now owns 31,403 shares of the company's stock worth $803,000 after acquiring an additional 478 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Premier Financial by 3.4% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,119 shares of the company's stock worth $514,000 after purchasing an additional 665 shares during the period. Jones Financial Companies Lllp bought a new stake in Premier Financial in the fourth quarter valued at approximately $26,000. Finally, Sterling Capital Management LLC boosted its stake in shares of Premier Financial by 804.8% during the fourth quarter. Sterling Capital Management LLC now owns 1,131 shares of the company's stock valued at $29,000 after purchasing an additional 1,006 shares during the period. Institutional investors own 66.14% of the company's stock.
Premier Financial Company Profile
(
Get 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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