First Defiance Financial (NASDAQ:FDEF) CEO Donald P. Hileman sold 1,000 shares of the firm’s stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $26.72, for a total value of $26,720.00. Following the sale, the chief executive officer now owns 71,940 shares of the company’s stock, valued at $1,922,236.80. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.
Shares of First Defiance Financial stock opened at $27.03 on Thursday. The firm has a market cap of $537.79 million, a price-to-earnings ratio of 12.12 and a beta of 0.96. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.01 and a quick ratio of 1.00. First Defiance Financial has a 52-week low of $22.78 and a 52-week high of $33.34. The stock has a 50-day simple moving average of $27.75 and a 200-day simple moving average of $28.76.
First Defiance Financial (NASDAQ:FDEF) last announced its quarterly earnings results on Monday, July 22nd. The savings and loans company reported $0.61 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.57 by $0.04. The business had revenue of $39.48 million during the quarter, compared to analyst estimates of $39.58 million. First Defiance Financial had a return on equity of 11.64% and a net margin of 27.02%. As a group, equities research analysts predict that First Defiance Financial will post 2.39 earnings per share for the current year.
A number of brokerages have commented on FDEF. BidaskClub lowered First Defiance Financial from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 10th. Zacks Investment Research upgraded First Defiance Financial from a “sell” rating to a “hold” rating in a research report on Tuesday, July 23rd. Finally, ValuEngine lowered First Defiance Financial from a “sell” rating to a “strong sell” rating in a research report on Tuesday, July 2nd.
Institutional investors have recently made changes to their positions in the company. Zurcher Kantonalbank Zurich Cantonalbank bought a new position in First Defiance Financial in the 1st quarter worth approximately $28,000. FMR LLC increased its position 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 buying an additional 1,199 shares during the period. Meeder Asset Management Inc. increased its position 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 buying an additional 943 shares during the period. Creative Financial Designs Inc. ADV bought a new position in First Defiance Financial in the 1st quarter worth approximately $95,000. Finally, BNP Paribas Arbitrage SA increased its position in First Defiance Financial by 384.3% in the 1st quarter. BNP Paribas Arbitrage SA now owns 4,175 shares of the savings and loans company’s stock worth $120,000 after buying an additional 3,313 shares during the period. Institutional investors and hedge funds own 63.95% 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.
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