First Defiance Financial (NASDAQ:FDEF) Director Stephen L. Boomer sold 755 shares of the stock in a transaction dated Friday, December 1st. The stock was sold at an average price of $53.22, for a total transaction of $40,181.10. Following the completion of the sale, the director now directly owns 12,809 shares in the company, valued at $681,694.98. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
Shares of First Defiance Financial (FDEF) traded down $0.22 during trading hours on Monday, hitting $54.11. 30,100 shares of the stock were exchanged, compared to its average volume of 29,190. The stock has a market capitalization of $549.53, a price-to-earnings ratio of 16.10 and a beta of 0.92. First Defiance Financial has a fifty-two week low of $45.24 and a fifty-two week high of $56.91. The company has a current ratio of 1.01, a quick ratio of 1.00 and a debt-to-equity ratio of 0.40.
First Defiance Financial (NASDAQ:FDEF) last issued its earnings results on Monday, October 16th. The savings and loans company reported $0.92 EPS for the quarter, topping the Zacks’ consensus estimate of $0.87 by $0.05. The business had revenue of $34.50 million for the quarter, compared to analyst estimates of $34.85 million. First Defiance Financial had a net margin of 21.47% and a return on equity of 9.51%. sell-side analysts expect that First Defiance Financial will post 3.45 EPS for the current fiscal year.
A number of equities analysts have recently commented on FDEF shares. ValuEngine lowered shares of First Defiance Financial from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Zacks Investment Research raised shares of First Defiance Financial from a “hold” rating to a “buy” rating and set a $61.00 target price on the stock in a research report on Wednesday, October 18th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $54.00 target price on shares of First Defiance Financial in a research report on Thursday, October 19th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $57.67.
Large investors have recently modified their holdings of the company. Legal & General Group Plc increased its position in shares of First Defiance Financial by 1.0% during the first quarter. Legal & General Group Plc now owns 2,400 shares of the savings and loans company’s stock worth $119,000 after acquiring an additional 23 shares during the period. Highbridge Capital Management LLC purchased a new position in First Defiance Financial during the third quarter valued at approximately $226,000. OxFORD Asset Management LLP purchased a new position in First Defiance Financial during the third quarter valued at approximately $273,000. Acadian Asset Management LLC increased its holdings in First Defiance Financial by 3.7% during the second quarter. Acadian Asset Management LLC now owns 5,657 shares of the savings and loans company’s stock valued at $298,000 after buying an additional 201 shares during the period. Finally, Macquarie Group Ltd. purchased a new position in First Defiance Financial during the third quarter valued at approximately $301,000. 64.25% of the stock is currently owned by institutional investors and hedge funds.
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About First Defiance Financial
First Defiance Financial Corp. is a unitary thrift holding company that focuses on traditional banking and property and casualty, life and group health insurance products. The Company operates through its subsidiaries, First Federal Bank of the Midwest (First Federal or the Bank), First Insurance Group of the Midwest, Inc (First Insurance) and First Defiance Risk Management Inc (First Defiance Risk Management).
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