Keybank National Association OH Sells 17,750 Shares of Premier Financial Corp. (NASDAQ:PFC)

Keybank National Association OH trimmed its stake in shares of Premier Financial Corp. (NASDAQ:PFC) by 17.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 84,951 shares of the company’s stock after selling 17,750 shares during the quarter. Keybank National Association OH’s holdings in Premier Financial were worth $2,172,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of PFC. D.A. Davidson & CO. lifted its stake in shares of Premier Financial by 1.4% during the 4th quarter. D.A. Davidson & CO. now owns 26,949 shares of the company’s stock worth $689,000 after buying an additional 374 shares during the last quarter. Jones Financial Companies Lllp bought a new position in Premier Financial in the 4th quarter valued at about $26,000. Capital Performance Advisors LLP acquired a new stake in Premier Financial during the third quarter worth approximately $25,000. SG Americas Securities LLC boosted its holdings in shares of Premier Financial by 13.4% during the fourth quarter. SG Americas Securities LLC now owns 9,646 shares of the company’s stock worth $247,000 after acquiring an additional 1,139 shares during the period. Finally, Sanctuary Advisors LLC grew its position in shares of Premier Financial by 10.3% in the third quarter. Sanctuary Advisors LLC now owns 17,598 shares of the company’s stock valued at $413,000 after purchasing an additional 1,644 shares during the last quarter. 66.14% of the stock is currently owned by institutional investors and hedge funds.

Premier Financial Price Performance

Shares of NASDAQ PFC opened at $28.04 on Friday. The firm has a market cap of $1.00 billion, a P/E ratio of 14.09 and a beta of 1.28. The business’s 50 day moving average is $27.04 and its 200-day moving average is $26.04. 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 Corp. has a 1-year low of $18.63 and a 1-year high of $29.64.

Premier Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 7th. Shareholders of record on Friday, January 31st were given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 4.42%. The ex-dividend date of this dividend was Friday, January 31st. Premier Financial’s payout ratio is 62.31%.

About Premier Financial

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.