Premier Financial Bancorp, Inc. (PFBI) Director Buys $48,000.00 in Stock

Premier Financial Bancorp, Inc. (NASDAQ:PFBI) Director Lloyd George Jackson II acquired 3,000 shares of the company’s stock in a transaction that occurred on Monday, March 11th. The shares were acquired at an average cost of $16.00 per share, for a total transaction of $48,000.00. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Premier Financial Bancorp stock traded up $0.19 during trading hours on Friday, hitting $15.46. The stock had a trading volume of 101 shares, compared to its average volume of 14,184. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.85 and a current ratio of 0.85. The stock has a market capitalization of $225.15 million, a PE ratio of 10.79 and a beta of 0.67. Premier Financial Bancorp, Inc. has a 12-month low of $14.07 and a 12-month high of $21.40.

Premier Financial Bancorp (NASDAQ:PFBI) last released its quarterly earnings data on Wednesday, March 6th. The bank reported $0.39 earnings per share for the quarter. Premier Financial Bancorp had a net margin of 26.92% and a return on equity of 10.86%. The firm had revenue of $18.56 million during the quarter.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 29th. Stockholders of record on Friday, March 15th will be issued a dividend of $0.15 per share. The ex-dividend date is Thursday, March 14th. This represents a $0.60 annualized dividend and a dividend yield of 3.88%.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP raised its holdings in shares of Premier Financial Bancorp by 3.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 779,501 shares of the bank’s stock valued at $11,622,000 after purchasing an additional 24,092 shares during the last quarter. BlackRock Inc. increased its holdings in Premier Financial Bancorp by 2.6% during the fourth quarter. BlackRock Inc. now owns 630,760 shares of the bank’s stock valued at $9,404,000 after buying an additional 16,130 shares during the last quarter. Vanguard Group Inc increased its holdings in Premier Financial Bancorp by 0.3% during the third quarter. Vanguard Group Inc now owns 388,772 shares of the bank’s stock valued at $7,189,000 after buying an additional 1,139 shares during the last quarter. LSV Asset Management increased its holdings in Premier Financial Bancorp by 10.6% during the fourth quarter. LSV Asset Management now owns 138,807 shares of the bank’s stock valued at $2,069,000 after buying an additional 13,329 shares during the last quarter. Finally, Northern Trust Corp increased its holdings in Premier Financial Bancorp by 27.8% during the second quarter. Northern Trust Corp now owns 130,872 shares of the bank’s stock valued at $2,444,000 after buying an additional 28,478 shares during the last quarter. 30.73% of the stock is owned by hedge funds and other institutional investors.

Separately, ValuEngine raised shares of Premier Financial Bancorp from a “sell” rating to a “hold” rating in a research note on Wednesday, January 2nd.

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Premier Financial Bancorp Company Profile

Premier Financial Bancorp, Inc, a multi-bank holding company, provides community banking services to individuals and small-to-medium sized businesses. The company accepts various deposit products, including checking, NOW, savings, money market, club, individual retirement, and overdraft protection accounts, as well as certificates of deposit.

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