A number of other equities analysts also recently weighed in on FDEF. Zacks Investment Research raised shares of First Defiance Financial from a sell rating to a hold rating in a report on Tuesday, July 23rd. Sandler O’Neill raised shares of First Defiance Financial from a hold rating to a buy rating in a report on Wednesday, September 11th. Finally, ValuEngine downgraded shares of First Defiance Financial from a sell rating to a strong sell rating in a report on Tuesday, July 2nd. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating to the stock. The stock currently has an average rating of Hold and an average target price of $33.00.
FDEF opened at $28.67 on Tuesday. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.01 and a quick ratio of 1.00. The company has a market capitalization of $569.15 million, a price-to-earnings ratio of 12.60 and a beta of 0.99. The firm’s fifty day moving average price is $27.23 and its two-hundred day moving average price is $28.34. First Defiance Financial has a 1 year low of $22.78 and a 1 year high of $31.77.
The business also recently declared a quarterly dividend, which was paid on Friday, August 23rd. Investors of record on Friday, August 16th were issued a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 2.65%. The ex-dividend date of this dividend was Thursday, August 15th. First Defiance Financial’s dividend payout ratio (DPR) is currently 34.08%.
In related news, CEO Donald P. Hileman sold 1,000 shares of the business’s stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $26.72, for a total value of $26,720.00. Following the transaction, the chief executive officer now directly owns 71,940 shares of the company’s stock, valued at approximately $1,922,236.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 2.36% of the stock is currently owned by insiders.
Large investors have recently modified their holdings of the stock. Acadian Asset Management LLC raised its stake in First Defiance Financial by 43.3% in the 2nd quarter. Acadian Asset Management LLC now owns 102,677 shares of the savings and loans company’s stock valued at $2,933,000 after acquiring an additional 31,046 shares during the period. JPMorgan Chase & Co. raised its stake in First Defiance Financial by 9.4% in the 1st quarter. JPMorgan Chase & Co. now owns 256,574 shares of the savings and loans company’s stock valued at $7,375,000 after acquiring an additional 22,125 shares during the period. Aperio Group LLC raised its stake in First Defiance Financial by 6.6% in the 2nd quarter. Aperio Group LLC now owns 22,327 shares of the savings and loans company’s stock valued at $638,000 after acquiring an additional 1,391 shares during the period. Chicago Equity Partners LLC raised its stake in First Defiance Financial by 10.1% in the 2nd quarter. Chicago Equity Partners LLC now owns 54,730 shares of the savings and loans company’s stock valued at $1,564,000 after acquiring an additional 5,000 shares during the period. Finally, Dupont Capital Management Corp bought a new stake in First Defiance Financial in the 2nd quarter valued at about $816,000. 63.99% of the stock is currently owned by institutional investors.
First Defiance Financial Company Profile
First Defiance Financial Corp. operates as a unitary thrift holding company that provides community-based financial services in northwest Ohio, northeast Indiana, and southeastern Michigan. It offers checking accounts, money market accounts, savings accounts, term certificate accounts, demand deposits, and certificates of deposits, as well as certificate of deposit account registry service; and commercial real estate, commercial, consumer finance, 1-4 family residential real estate, construction, and home equity and improvement loans.
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