Sanctuary Advisors LLC lessened its stake in Premier Financial Corp. (NASDAQ:PFC – Free Report) by 8.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 16,029 shares of the company’s stock after selling 1,569 shares during the period. Sanctuary Advisors LLC’s holdings in Premier Financial were worth $449,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently added to or reduced their stakes in PFC. Capital Performance Advisors LLP acquired a new position in Premier Financial in the 3rd quarter valued at about $25,000. EMC Capital Management lifted its holdings in Premier Financial by 511.7% in the fourth quarter. EMC Capital Management now owns 8,392 shares of the company’s stock valued at $215,000 after acquiring an additional 7,020 shares during the last quarter. SG Americas Securities LLC grew its position in Premier Financial by 13.4% in the fourth quarter. SG Americas Securities LLC now owns 9,646 shares of the company’s stock worth $247,000 after acquiring an additional 1,139 shares during the period. Verition Fund Management LLC increased its stake in Premier Financial by 23.3% during the third quarter. Verition Fund Management LLC now owns 12,687 shares of the company’s stock worth $298,000 after acquiring an additional 2,395 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. raised its position in Premier Financial by 12.3% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 21,837 shares of the company’s stock valued at $505,000 after purchasing an additional 2,389 shares during the period. Hedge funds and other institutional investors own 66.14% of the company’s stock.
Premier Financial Stock Performance
NASDAQ PFC opened at $28.04 on Monday. The stock has a fifty day simple moving average of $26.89 and a 200-day simple moving average of $25.95. The company has a current ratio of 0.95, a quick ratio of 0.93 and a debt-to-equity ratio of 0.42. The stock has a market cap of $1.00 billion, a PE ratio of 14.09 and a beta of 1.28. Premier Financial Corp. has a twelve month low of $18.63 and a twelve month high of $29.64.
Premier Financial Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, February 7th. Shareholders of record on Friday, January 31st were given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 4.42%. The ex-dividend date of this dividend was Friday, January 31st. Premier Financial’s dividend payout ratio is presently 62.31%.
About Premier Financial
(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.
See Also
Want to see what other hedge funds are holding PFC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Premier Financial Corp. (NASDAQ:PFC – Free Report).
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