Shares of First Defiance Financial (NASDAQ:FDEF) have been assigned a consensus broker rating score of 2.67 (Hold) from the three analysts that provide coverage for the company, Zacks Investment Research reports. Two research analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company.
Brokerages have set a twelve-month consensus target price of $31.00 for the company and are forecasting that the company will post $0.55 earnings per share for the current quarter, according to Zacks. Zacks has also assigned First Defiance Financial an industry rank of 171 out of 255 based on the ratings given to related companies.
Several research firms recently commented on FDEF. Zacks Investment Research raised First Defiance Financial from a “hold” rating to a “buy” rating and set a $33.00 target price on the stock in a report on Friday. BidaskClub lowered First Defiance Financial from a “hold” rating to a “sell” rating in a report on Friday, March 22nd. Finally, ValuEngine lowered First Defiance Financial from a “hold” rating to a “sell” rating in a report on Tuesday, March 19th.
In other First Defiance Financial news, CEO Donald P. Hileman sold 1,000 shares of the firm’s stock in a transaction dated Thursday, February 14th. The stock was sold at an average price of $29.35, for a total transaction of $29,350.00. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Mark Andrew Robison acquired 887 shares of the company’s stock in a transaction on Thursday, March 7th. The shares were purchased at an average cost of $30.04 per share, for a total transaction of $26,645.48. The disclosure for this purchase can be found here. Company insiders own 2.36% of the company’s stock.
Hedge funds have recently modified their holdings of the business. New York State Teachers Retirement System acquired a new stake in shares of First Defiance Financial during the fourth quarter worth about $44,000. Legal & General Group Plc boosted its stake in shares of First Defiance Financial by 100.0% during the third quarter. Legal & General Group Plc now owns 3,312 shares of the savings and loans company’s stock worth $100,000 after buying an additional 1,656 shares during the period. Ramsey Quantitative Systems boosted its stake in shares of First Defiance Financial by 14.1% during the fourth quarter. Ramsey Quantitative Systems now owns 4,170 shares of the savings and loans company’s stock worth $102,000 after buying an additional 516 shares during the period. IFP Advisors Inc acquired a new stake in shares of First Defiance Financial during the fourth quarter worth about $104,000. Finally, Citigroup Inc. boosted its stake in shares of First Defiance Financial by 17.3% during the fourth quarter. Citigroup Inc. now owns 6,499 shares of the savings and loans company’s stock worth $159,000 after buying an additional 958 shares during the period. 64.40% of the stock is currently owned by institutional investors.
NASDAQ:FDEF traded up $0.03 during trading hours on Tuesday, hitting $29.47. The company’s stock had a trading volume of 33,302 shares, compared to its average volume of 48,902. The firm has a market capitalization of $590.78 million, a PE ratio of 13.22 and a beta of 0.99. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.00 and a quick ratio of 1.00. First Defiance Financial has a 52-week low of $22.78 and a 52-week high of $35.00.
First Defiance Financial (NASDAQ:FDEF) last posted its earnings results on Monday, January 21st. The savings and loans company reported $0.56 EPS for the quarter, meeting the consensus estimate of $0.56. The firm had revenue of $36.86 million for the quarter, compared to analyst estimates of $37.40 million. First Defiance Financial had a return on equity of 11.70% and a net margin of 28.21%. As a group, equities analysts anticipate that First Defiance Financial will post 2.34 EPS for the current year.
First Defiance Financial Company Profile
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.
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