American Century Companies Inc. grew its holdings in shares of Premier Financial Corp. (NASDAQ:PFC – Free Report) by 6.9% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,153,523 shares of the company’s stock after purchasing an additional 74,550 shares during the quarter. American Century Companies Inc. owned approximately 3.23% of Premier Financial worth $23,913,000 at the end of the most recent reporting period.
Other large investors have also recently made changes to their positions in the company. Putnam Investments LLC increased its holdings in Premier Financial by 0.4% in the 4th quarter. Putnam Investments LLC now owns 135,015 shares of the company’s stock worth $3,641,000 after acquiring an additional 602 shares during the last quarter. Great West Life Assurance Co. Can increased its holdings in Premier Financial by 30.1% in the 1st quarter. Great West Life Assurance Co. Can now owns 2,842 shares of the company’s stock worth $90,000 after acquiring an additional 657 shares during the last quarter. D.A. Davidson & CO. increased its holdings in Premier Financial by 8.3% in the 4th quarter. D.A. Davidson & CO. now owns 9,763 shares of the company’s stock worth $263,000 after acquiring an additional 752 shares during the last quarter. SG Americas Securities LLC boosted its stake in Premier Financial by 13.2% in the 4th quarter. SG Americas Securities LLC now owns 8,506 shares of the company’s stock worth $229,000 after purchasing an additional 989 shares during the period. Finally, Tower Research Capital LLC TRC boosted its stake in Premier Financial by 365.2% in the 1st quarter. Tower Research Capital LLC TRC now owns 1,335 shares of the company’s stock worth $28,000 after purchasing an additional 1,048 shares during the period. 65.32% of the stock is owned by hedge funds and other institutional investors.
Insider Transactions at Premier Financial
In other news, Director Donald P. Hileman sold 1,500 shares of the business’s stock in a transaction dated Monday, August 14th. The stock was sold at an average price of $21.31, for a total transaction of $31,965.00. Following the completion of the transaction, the director now owns 101,886 shares of the company’s stock, valued at $2,171,190.66. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.90% of the stock is owned by insiders.
Premier Financial Stock Down 0.5 %
Premier Financial (NASDAQ:PFC – Get Free Report) last posted its earnings results on Tuesday, July 25th. The company reported $0.68 earnings per share for the quarter, beating analysts’ consensus estimates of $0.55 by $0.13. Premier Financial had a return on equity of 11.11% and a net margin of 28.25%. The business had revenue of $107.34 million during the quarter, compared to analyst estimates of $69.37 million. On average, equities analysts predict that Premier Financial Corp. will post 2.43 EPS for the current fiscal year.
Premier Financial Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 11th. Stockholders of record on Friday, August 4th were issued a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 6.63%. The ex-dividend date was Thursday, August 3rd. Premier Financial’s payout ratio is 36.90%.
Analysts Set New Price Targets
Separately, TheStreet raised Premier Financial from a “c” rating to a “b-” rating in a report on Friday, August 11th.
Get Our Latest Stock Analysis on Premier Financial
Premier Financial 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, and consumer loans.
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