Premier Financial Corp. (NASDAQ:PFC) Shares Sold by SJS Investment Consulting Inc.

SJS Investment Consulting Inc. decreased its position in Premier Financial Corp. (NASDAQ:PFC) by 6.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 99,541 shares of the company’s stock after selling 7,081 shares during the quarter. Premier Financial comprises approximately 0.4% of SJS Investment Consulting Inc.’s holdings, making the stock its 22nd largest position. SJS Investment Consulting Inc.’s holdings in Premier Financial were worth $2,545,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of PFC. Inspire Investing LLC boosted its holdings in Premier Financial by 5.4% during the fourth quarter. Inspire Investing LLC now owns 38,592 shares of the company’s stock worth $987,000 after buying an additional 1,985 shares in the last quarter. SG Americas Securities LLC lifted its position in shares of 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 acquiring an additional 1,139 shares during the last quarter. Assenagon Asset Management S.A. lifted its position in shares of Premier Financial by 32.5% during the 4th quarter. Assenagon Asset Management S.A. now owns 383,616 shares of the company’s stock valued at $9,809,000 after acquiring an additional 94,000 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Premier Financial by 8.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 653,065 shares of the company’s stock worth $15,334,000 after acquiring an additional 49,367 shares in the last quarter. Finally, Principal Financial Group Inc. grew its holdings in shares of Premier Financial by 22.7% in the 3rd quarter. Principal Financial Group Inc. now owns 24,573 shares of the company’s stock worth $577,000 after acquiring an additional 4,542 shares during the last quarter. Institutional investors own 66.14% of the company’s stock.

Premier Financial Trading Up 2.5 %

Shares of NASDAQ PFC opened at $27.30 on Friday. The company has a quick ratio of 0.93, a current ratio of 0.95 and a debt-to-equity ratio of 0.42. Premier Financial Corp. has a 12 month low of $18.63 and a 12 month high of $29.63. The company has a market cap of $978.43 million, a price-to-earnings ratio of 13.72 and a beta of 1.28. The business has a fifty day simple moving average of $26.56 and a 200-day simple moving average of $25.13.

Premier Financial (NASDAQ:PFC) last posted its quarterly earnings data on Tuesday, October 22nd. The company reported $0.46 EPS for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.04). Premier Financial had a net margin of 16.12% and a return on equity of 7.66%. The firm had revenue of $112.74 million for the quarter, compared to analysts’ expectations of $64.55 million. During the same period in the prior year, the company posted $0.69 earnings per share. Sell-side analysts predict that Premier Financial Corp. will post 2.15 EPS for the current year.

Premier Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 7th. Investors of record on Friday, January 31st will be given a $0.31 dividend. The ex-dividend date of this dividend is Friday, January 31st. This represents a $1.24 annualized dividend and a dividend yield of 4.54%. Premier Financial’s dividend payout ratio (DPR) is presently 62.31%.

Insider Activity at Premier Financial

In related news, EVP Dennis E. Rose, Jr. sold 2,000 shares of the company’s stock in a transaction on Monday, November 18th. The stock was sold at an average price of $27.98, for a total transaction of $55,960.00. Following the transaction, the executive vice president now directly owns 36,144 shares of the company’s stock, valued at approximately $1,011,309.12. The trade was a 5.24 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 2.22% of the stock is owned by insiders.

Premier Financial Company Profile

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.