Gregory R. Allen Sells 2,193 Shares of First Defiance Financial (FDEF) Stock

First Defiance Financial (NASDAQ:FDEF) insider Gregory R. Allen sold 2,193 shares of the stock in a transaction that occurred on Friday, March 9th. The shares were sold at an average price of $56.56, for a total transaction of $124,036.08. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of First Defiance Financial (NASDAQ FDEF) traded up $0.47 during trading hours on Monday, reaching $58.12. 30,373 shares of the company’s stock traded hands, compared to its average volume of 30,379. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.00 and a quick ratio of 0.99. First Defiance Financial has a one year low of $46.71 and a one year high of $59.14. The firm has a market capitalization of $587.01, a P/E ratio of 18.02 and a beta of 0.93.

First Defiance Financial (NASDAQ:FDEF) last released its earnings results on Monday, January 22nd. The savings and loans company reported $0.94 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.89 by $0.05. The company had revenue of $35.28 million during the quarter, compared to analysts’ expectations of $35.00 million. First Defiance Financial had a return on equity of 9.59% and a net margin of 21.77%. equities research analysts anticipate that First Defiance Financial will post 4.07 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, February 23rd. Stockholders of record on Tuesday, February 6th were paid a dividend of $0.30 per share. This is a boost from First Defiance Financial’s previous quarterly dividend of $0.25. This represents a $1.20 annualized dividend and a dividend yield of 2.06%. The ex-dividend date of this dividend was Monday, February 5th. First Defiance Financial’s dividend payout ratio is 37.50%.

Several analysts have issued reports on the stock. BidaskClub raised shares of First Defiance Financial from a “hold” rating to a “buy” rating in a research report on Saturday. ValuEngine downgraded shares of First Defiance Financial from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Sandler O’Neill reaffirmed a “buy” rating and issued a $64.00 price objective on shares of First Defiance Financial in a research report on Tuesday, January 23rd. Zacks Investment Research downgraded shares of First Defiance Financial from a “buy” rating to a “hold” rating in a research report on Tuesday, December 19th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $60.00 price objective on shares of First Defiance Financial in a research report on Friday, December 22nd. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $61.33.

Institutional investors have recently added to or reduced their stakes in the company. SG Americas Securities LLC purchased a new position in shares of First Defiance Financial during the 4th quarter valued at approximately $119,000. Handelsbanken Fonder AB purchased a new position in shares of First Defiance Financial during the 4th quarter valued at approximately $208,000. Highbridge Capital Management LLC purchased a new position in shares of First Defiance Financial during the 3rd quarter valued at approximately $226,000. MetLife Investment Advisors LLC purchased a new position in shares of First Defiance Financial during the 4th quarter valued at approximately $262,000. Finally, OxFORD Asset Management LLP purchased a new position in shares of First Defiance Financial during the 3rd quarter valued at approximately $273,000. Institutional investors own 64.38% of the company’s stock.

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First Defiance Financial Company Profile

First Defiance Financial Corp. is a unitary thrift holding company that focuses on traditional banking and property and casualty, life and group health insurance products. The Company operates through its subsidiaries, First Federal Bank of the Midwest (First Federal or the Bank), First Insurance Group of the Midwest, Inc (First Insurance) and First Defiance Risk Management Inc (First Defiance Risk Management).

Insider Buying and Selling by Quarter for First Defiance Financial (NASDAQ:FDEF)

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