Premier Financial Corp. (NASDAQ:PFC) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP reduced its holdings in shares of Premier Financial Corp. (NASDAQ:PFC) by 0.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,273,628 shares of the company’s stock after selling 6,773 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.06% of Premier Financial worth $58,137,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. boosted its stake in Premier Financial by 2.6% in the fourth quarter. Vanguard Group Inc. now owns 2,042,764 shares of the company’s stock valued at $52,233,000 after acquiring an additional 51,285 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Premier Financial by 0.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,254,516 shares of the company’s stock valued at $32,078,000 after purchasing an additional 9,998 shares during the period. American Century Companies Inc. grew its stake in Premier Financial by 0.8% during the 4th quarter. American Century Companies Inc. now owns 750,814 shares of the company’s stock worth $19,198,000 after buying an additional 6,231 shares during the last quarter. JPMorgan Chase & Co. increased its position in Premier Financial by 5.5% during the fourth quarter. JPMorgan Chase & Co. now owns 688,736 shares of the company’s stock worth $17,611,000 after buying an additional 35,671 shares during the period. Finally, Gardner Lewis Asset Management L P boosted its holdings in shares of Premier Financial by 298.4% in the fourth quarter. Gardner Lewis Asset Management L P now owns 586,567 shares of the company’s stock valued at $14,999,000 after acquiring an additional 439,351 shares during the period. Hedge funds and other institutional investors own 66.14% of the company’s stock.

Premier Financial Stock Performance

Shares of PFC opened at $28.04 on Friday. The company’s 50 day simple moving average is $28.04 and its 200-day simple moving average is $27.21. Premier Financial Corp. has a 12-month low of $18.63 and a 12-month high of $29.64. The firm has a market cap of $1.00 billion, a PE ratio of 14.09 and a beta of 1.28. The company has a current ratio of 0.95, a quick ratio of 0.93 and a debt-to-equity ratio of 0.42.

Premier Financial Profile

Premier Financial Corp., through its subsidiaries, provides various banking services. It offers demand, checking, money market, and savings accounts, as well as certificates of deposits and certificates of deposit account registry service; and investment products. The company also provides residential and commercial real estate, commercial, construction, home improvement and home equity, installment, and consumer loans.