First Defiance Financial (NASDAQ:FDEF) CEO Donald P. Hileman sold 1,000 shares of the firm’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $30.02, for a total value of $30,020.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.
FDEF stock traded up $0.20 during midday trading on Monday, reaching $30.55. The stock had a trading volume of 5,914 shares, compared to its average volume of 74,495. The stock has a market cap of $595.43 million, a PE ratio of 13.73 and a beta of 0.98. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.00 and a current ratio of 1.01. The firm has a fifty day simple moving average of $29.98 and a two-hundred day simple moving average of $28.41. First Defiance Financial has a 52-week low of $22.78 and a 52-week high of $31.83.
First Defiance Financial (NASDAQ:FDEF) last issued its earnings results on Monday, October 21st. The savings and loans company reported $0.68 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.60 by $0.08. The company had revenue of $40.73 million during the quarter, compared to analyst estimates of $40.15 million. First Defiance Financial had a return on equity of 12.03% and a net margin of 27.21%. On average, sell-side analysts predict that First Defiance Financial will post 2.45 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Friday, November 15th were paid a $0.22 dividend. This is a positive change from First Defiance Financial’s previous quarterly dividend of $0.19. The ex-dividend date was Thursday, November 14th. This represents a $0.88 dividend on an annualized basis and a yield of 2.88%. First Defiance Financial’s dividend payout ratio (DPR) is 39.46%.
A number of analysts have recently weighed in on the company. BidaskClub cut First Defiance Financial from a “hold” rating to a “sell” rating in a research report on Saturday, November 16th. Zacks Investment Research raised First Defiance Financial from a “sell” rating to a “hold” rating and set a $36.00 price objective for the company in a research report on Tuesday, October 29th. Finally, Sandler O’Neill raised First Defiance Financial from a “hold” rating to a “buy” rating in a research report on Wednesday, September 11th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating to the company. First Defiance Financial presently has a consensus rating of “Hold” and a consensus target price of $34.50.
Hedge funds have recently modified their holdings of the stock. FMR LLC raised its stake in First Defiance Financial by 347.5% in the 1st quarter. FMR LLC now owns 1,544 shares of the savings and loans company’s stock worth $44,000 after acquiring an additional 1,199 shares during the last quarter. Meeder Asset Management Inc. raised its stake in First Defiance Financial by 123.1% in the 2nd quarter. Meeder Asset Management Inc. now owns 1,709 shares of the savings and loans company’s stock worth $49,000 after acquiring an additional 943 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in First Defiance Financial by 121.9% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,161 shares of the savings and loans company’s stock worth $63,000 after acquiring an additional 1,187 shares during the last quarter. Macquarie Group Ltd. purchased a new position in First Defiance Financial in the 2nd quarter worth $140,000. Finally, First Quadrant L P CA raised its stake in First Defiance Financial by 71.5% in the 2nd quarter. First Quadrant L P CA now owns 5,080 shares of the savings and loans company’s stock worth $145,000 after acquiring an additional 2,118 shares during the last quarter. Institutional investors own 64.81% of the company’s stock.
About First Defiance Financial
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.
Read More: What is the FTSE 100 index?