Premier Financial Bancorp, Inc. (PFBI) Director Sells $26,683.20 in Stock

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Premier Financial Bancorp, Inc. (NASDAQ:PFBI) Director Thomas W. Wright sold 1,632 shares of the stock in a transaction on Wednesday, February 20th. The stock was sold at an average price of $16.35, for a total value of $26,683.20. Following the completion of the transaction, the director now directly owns 43,305 shares of the company’s stock, valued at approximately $708,036.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Shares of NASDAQ:PFBI traded up $0.17 on Friday, hitting $16.13. The company’s stock had a trading volume of 3,982 shares, compared to its average volume of 17,043. Premier Financial Bancorp, Inc. has a 12 month low of $14.07 and a 12 month high of $21.40. The stock has a market cap of $240.03 million, a price-to-earnings ratio of 10.89 and a beta of 0.67. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.85 and a current ratio of 0.85.

Premier Financial Bancorp (NASDAQ:PFBI) last released its quarterly earnings results on Thursday, May 2nd. The bank reported $0.42 earnings per share (EPS) for the quarter. Premier Financial Bancorp had a return on equity of 10.41% and a net margin of 27.09%. The company had revenue of $19.01 million during the quarter.

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Thursday, June 13th. This represents a $0.60 annualized dividend and a dividend yield of 3.72%.

Large investors have recently added to or reduced their stakes in the company. BNP Paribas Arbitrage SA grew its stake in shares of Premier Financial Bancorp by 523.7% in the first quarter. BNP Paribas Arbitrage SA now owns 2,476 shares of the bank’s stock worth $39,000 after purchasing an additional 2,079 shares in the last quarter. Fifth Third Bancorp bought a new position in shares of Premier Financial Bancorp in the first quarter worth $150,000. EJF Capital LLC bought a new position in shares of Premier Financial Bancorp in the fourth quarter worth $161,000. Bank of America Corp DE grew its stake in shares of Premier Financial Bancorp by 39.4% in the fourth quarter. Bank of America Corp DE now owns 10,949 shares of the bank’s stock worth $163,000 after purchasing an additional 3,094 shares in the last quarter. Finally, Rhumbline Advisers grew its stake in shares of Premier Financial Bancorp by 12.9% in the fourth quarter. Rhumbline Advisers now owns 17,599 shares of the bank’s stock worth $262,000 after purchasing an additional 2,013 shares in the last quarter. 32.18% of the stock is owned by institutional investors.

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Premier Financial Bancorp Company Profile

Premier Financial Bancorp, Inc offers banking products and services. The company offers demand deposits and interest and non-interest bearing time and savings deposits. The company's deposits include jumbo deposits and retail time deposits. The bank provides commercial and industrial loans, consumer loans, commercial real estate loans, and other loans and leases.

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