Gendell Jeffrey L increased its stake in shares of Premier Financial Bancorp, Inc. (NASDAQ:PFBI) by 48.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 70,399 shares of the bank’s stock after buying an additional 23,000 shares during the period. Gendell Jeffrey L’s holdings in Premier Financial Bancorp were worth $1,414,000 as of its most recent filing with the SEC.
Several other hedge funds also recently made changes to their positions in the stock. Dimensional Fund Advisors LP boosted its holdings in shares of Premier Financial Bancorp by 1.6% during the 3rd quarter. Dimensional Fund Advisors LP now owns 528,159 shares of the bank’s stock worth $11,509,000 after buying an additional 8,320 shares during the period. BlackRock Inc. boosted its holdings in shares of Premier Financial Bancorp by 1.3% during the 4th quarter. BlackRock Inc. now owns 450,211 shares of the bank’s stock worth $9,042,000 after buying an additional 5,851 shares during the period. Vanguard Group Inc. boosted its holdings in shares of Premier Financial Bancorp by 4.6% during the 2nd quarter. Vanguard Group Inc. now owns 221,118 shares of the bank’s stock worth $4,557,000 after buying an additional 9,778 shares during the period. State Street Corp boosted its holdings in shares of Premier Financial Bancorp by 12.5% during the 2nd quarter. State Street Corp now owns 142,809 shares of the bank’s stock worth $2,942,000 after buying an additional 15,897 shares during the period. Finally, Northern Trust Corp boosted its holdings in shares of Premier Financial Bancorp by 5.0% during the 2nd quarter. Northern Trust Corp now owns 105,077 shares of the bank’s stock worth $2,165,000 after buying an additional 4,998 shares during the period. 30.53% of the stock is owned by institutional investors and hedge funds.
Shares of Premier Financial Bancorp, Inc. (NASDAQ PFBI) opened at $17.71 on Monday. The company has a market cap of $188.94, a PE ratio of 13.22 and a beta of 0.41. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.87 and a current ratio of 0.87. Premier Financial Bancorp, Inc. has a twelve month low of $17.25 and a twelve month high of $22.92.
In other Premier Financial Bancorp news, Chairman Marshall T. Reynolds sold 25,000 shares of the business’s stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $18.90, for a total value of $472,500.00. Following the completion of the sale, the chairman now owns 758,219 shares of the company’s stock, valued at approximately $14,330,339.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 13.30% of the company’s stock.
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Premier Financial Bancorp Company Profile
Premier Financial Bancorp, Inc (Premier) is a multi-bank holding company. The Company’s banking subsidiaries (the Banks or Affiliate Banks) consist of Citizens Deposit Bank and Trust, Inc, Vanceburg, Kentucky and Premier Bank, Inc, Huntington, West Virginia. Through the Banks, the Company focuses on providing community banking services to individuals and small-to-medium sized businesses.
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