Investors Asset Management of Georgia Inc. GA ADV Sells 4,241 Shares of Premier Financial Corp. (NASDAQ:PFC)

Investors Asset Management of Georgia Inc. GA ADV reduced its holdings in Premier Financial Corp. (NASDAQ:PFC) by 10.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 36,623 shares of the company’s stock after selling 4,241 shares during the quarter. Investors Asset Management of Georgia Inc. GA ADV owned approximately 0.10% of Premier Financial worth $936,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. D.A. Davidson & CO. raised its holdings in Premier Financial by 1.4% during the fourth 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. Capital Performance Advisors LLP purchased a new position in Premier Financial in the third quarter worth $25,000. SG Americas Securities LLC raised its stake 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 in the last quarter. Sanctuary Advisors LLC grew its stake in shares of Premier Financial by 10.3% during the third quarter. Sanctuary Advisors LLC now owns 17,598 shares of the company’s stock valued at $413,000 after buying an additional 1,644 shares during the last quarter. Finally, Inspire Investing LLC grew its position in Premier Financial by 5.4% during the 4th quarter. Inspire Investing LLC now owns 38,592 shares of the company’s stock worth $987,000 after acquiring an additional 1,985 shares during the last quarter. Institutional investors and hedge funds own 66.14% of the company’s stock.

Premier Financial Stock Down 1.1 %

Shares of NASDAQ PFC opened at $28.96 on Friday. The firm’s fifty day moving average is $26.75 and its 200 day moving average is $25.72. Premier Financial Corp. has a 52 week low of $18.63 and a 52 week high of $29.64. The company has a market cap of $1.04 billion, a price-to-earnings ratio of 14.55 and a beta of 1.28. The company has a quick ratio of 0.93, a current ratio of 0.95 and a debt-to-equity ratio of 0.42.

Premier Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 7th. Investors of record on Friday, January 31st were paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 4.28%. The ex-dividend date was Friday, January 31st. Premier Financial’s payout ratio is currently 62.31%.

Premier Financial Company 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.