Premier Financial Bancorp, Inc. (NASDAQ:PFBI) Director Philip E. Cline acquired 2,000 shares of the firm’s stock in a transaction that occurred on Friday, March 15th. The stock was bought at an average cost of $15.48 per share, with a total value of $30,960.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Shares of Premier Financial Bancorp stock traded up $0.28 during midday trading on Friday, hitting $15.55. The company had a trading volume of 48,482 shares, compared to its average volume of 17,719. The firm has a market capitalization of $225.15 million, a P/E ratio of 10.79 and a beta of 0.67. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.05. Premier Financial Bancorp, Inc. has a 12-month low of $14.07 and a 12-month high of $21.40.
Premier Financial Bancorp (NASDAQ:PFBI) last announced its quarterly earnings data on Wednesday, March 6th. The bank reported $0.39 EPS for the quarter. The firm had revenue of $18.56 million during the quarter. Premier Financial Bancorp had a net margin of 26.92% and a return on equity of 10.86%.
The firm also recently declared a quarterly dividend, which will be paid on Friday, March 29th. Shareholders of record on Friday, March 15th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 3.86%. The ex-dividend date of this dividend is Thursday, March 14th.
Institutional investors and hedge funds have recently bought and sold shares of the business. EJF Capital LLC purchased a new position in Premier Financial Bancorp during the 4th quarter worth approximately $161,000. Bank of America Corp DE raised its position in Premier Financial Bancorp by 39.4% during the 4th quarter. Bank of America Corp DE now owns 10,949 shares of the bank’s stock worth $163,000 after buying an additional 3,094 shares during the last quarter. Rhumbline Advisers raised its position in Premier Financial Bancorp by 12.9% during the 4th quarter. Rhumbline Advisers now owns 17,599 shares of the bank’s stock worth $262,000 after buying an additional 2,013 shares during the last quarter. Wells Fargo & Company MN raised its position in Premier Financial Bancorp by 58.8% during the 3rd quarter. Wells Fargo & Company MN now owns 28,421 shares of the bank’s stock worth $526,000 after buying an additional 10,519 shares during the last quarter. Finally, Wesbanco Bank Inc. purchased a new position in Premier Financial Bancorp during the 4th quarter worth approximately $561,000. 30.73% of the stock is owned by institutional investors.
Separately, ValuEngine lowered shares of Premier Financial Bancorp from a “hold” rating to a “sell” rating in a research report on Wednesday, December 5th.
Premier Financial Bancorp Company Profile
Premier Financial Bancorp, Inc, a multi-bank holding company, provides community banking services to individuals and small-to-medium sized businesses. The company accepts various deposit products, including checking, NOW, savings, money market, club, individual retirement, and overdraft protection accounts, as well as certificates of deposit.
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