First Savings Financial Group, Inc. (NASDAQ:FSFG – Get Free Report) saw a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 11,200 shares, an increase of 10.9% from the November 15th total of 10,100 shares. Based on an average daily trading volume, of 3,900 shares, the short-interest ratio is presently 2.9 days.

First Savings Financial Group Stock Performance

Shares of NASDAQ FSFG traded up $0.33 during mid-day trading on Friday, hitting $15.55. The company had a trading volume of 5,871 shares, compared to its average volume of 5,841. First Savings Financial Group has a 12 month low of $11.74 and a 12 month high of $21.69. The company has a debt-to-equity ratio of 2.38, a current ratio of 1.08 and a quick ratio of 1.04. The stock has a market cap of $106.83 million, a price-to-earnings ratio of 13.18 and a beta of 0.70. The firm’s 50 day simple moving average is $15.01 and its two-hundred day simple moving average is $14.97.

First Savings Financial Group (NASDAQ:FSFG – Get Free Report) last posted its earnings results on Tuesday, October 31st. The bank reported $0.41 EPS for the quarter, beating the consensus estimate of $0.40 by $0.01. First Savings Financial Group had a return on equity of 7.16% and a net margin of 6.36%. The firm had revenue of $20.98 million for the quarter, compared to analysts’ expectations of $22.70 million. As a group, equities research analysts forecast that First Savings Financial Group will post 2.15 earnings per share for the current year.

First Savings Financial Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Friday, December 15th will be given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 3.60%. The ex-dividend date is Thursday, December 14th. First Savings Financial Group’s dividend payout ratio (DPR) is presently 47.46%.

Hedge Funds Weigh In On First Savings Financial Group

Several hedge funds have recently modified their holdings of FSFG. FJ Capital Management LLC increased its position in shares of First Savings Financial Group by 26.2% during the 2nd quarter. FJ Capital Management LLC now owns 394,472 shares of the bank’s stock valued at $5,227,000 after purchasing an additional 81,962 shares during the period. Fourthstone LLC increased its position in shares of First Savings Financial Group by 53.2% during the 1st quarter. Fourthstone LLC now owns 190,580 shares of the bank’s stock valued at $4,677,000 after purchasing an additional 66,173 shares during the period. BlackRock Inc. increased its position in shares of First Savings Financial Group by 103.1% during the 3rd quarter. BlackRock Inc. now owns 82,272 shares of the bank’s stock valued at $1,891,000 after purchasing an additional 41,765 shares during the period. Alliancebernstein L.P. increased its position in shares of First Savings Financial Group by 55.7% during the 4th quarter. Alliancebernstein L.P. now owns 98,190 shares of the bank’s stock valued at $1,964,000 after purchasing an additional 35,140 shares during the period. Finally, EA Series Trust acquired a new position in shares of First Savings Financial Group during the 2nd quarter valued at $306,000. 25.47% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on First Savings Financial Group in a report on Sunday, December 10th. They issued a “hold” rating on the stock.

Read Our Latest Stock Analysis on FSFG

About First Savings Financial Group (Get Free Report)

First Savings Financial Group, Inc operates as the bank holding company for First Savings Bank that provides various financial services to consumers and businesses in southern Indiana. The company operates through three segments: Core Banking, SBA Lending, and Mortgage Banking. It accepts deposits, such as checking accounts, NOW and money market accounts, regular savings accounts, and time deposits.

Read More

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Before you consider First Savings Financial Group, you’ll want to hear this.

MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and First Savings Financial Group wasn’t on the list.

While First Savings Financial Group currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Do you expect the global demand for energy to shrink?! If not, it’s time to take a look at how energy stocks can play a part in your portfolio.

Get This Free Report

Original: MarketBeat News Feed: First Savings Financial Group, Inc. (NASDAQ:FSFG) Short Interest Update