Philip E. Cline Purchases 800 Shares of Premier Financial Bancorp, Inc. (PFBI) Stock

Thursday, June 7 2018

Philip E. Cline Purchases 800 Shares of Premier Financial Bancorp, Inc. (PFBI) Stock

Philip E. Cline Purchases 800 Shares of Premier Financial Bancorp, Inc. (PFBI) Stock Posted by Dante Gardener | Jun 7th, 2018
Premier Financial Bancorp, Inc. (NASDAQ:PFBI) Director Philip E. Cline bought 800 shares of the stock in a transaction that occurred on Monday, May 14th. The shares were purchased at an average price of $20.76 per share, with a total value of $16,608.00. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink .
Shares of Premier Financial Bancorp opened at $23.99 on Thursday, Marketbeat reports. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.88 and a quick ratio of 0.88. The firm has a market cap of $247.75 million, a P/E ratio of 15.26 and a beta of 0.46. Premier Financial Bancorp, Inc. has a 12 month low of $16.78 and a 12 month high of $26.05. Get Premier Financial Bancorp alerts:
Premier Financial Bancorp’s stock is scheduled to split on Monday, June 11th. The 5-4 split was announced on Tuesday, May 22nd. The newly minted shares will be payable to shareholders after the market closes on Friday, June 8th.
Premier Financial Bancorp (NASDAQ:PFBI) last released its quarterly earnings data on Wednesday, May 2nd. The bank reported $0.48 earnings per share (EPS) for the quarter. Premier Financial Bancorp had a net margin of 22.82% and a return on equity of 8.98%. The company had revenue of $16.70 million during the quarter.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 29th. Shareholders of record on Friday, June 15th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Thursday, June 14th. This represents a $0.60 annualized dividend and a yield of 2.50%.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Ramsey Quantitative Systems acquired a new position in Premier Financial Bancorp in the fourth quarter valued at $103,000. Stone Ridge Asset Management LLC acquired a new position in Premier Financial Bancorp in the fourth quarter valued at $245,000. Global Trust Asset Management LLC acquired a new position in Premier Financial Bancorp in the fourth quarter valued at $258,000. Blue Chip Wealth Management Inc. acquired a new position in Premier Financial Bancorp in the first quarter valued at $266,000. Finally, Schwab Charles Investment Management Inc. boosted its stake in Premier Financial Bancorp by 38.0% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 22,375 shares of the bank’s stock valued at $450,000 after acquiring an additional 6,156 shares in the last quarter. Institutional investors own 31.71% of the company’s stock.
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. Receive News & Ratings for Premier Financial Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Premier Financial Bancorp and related companies with MarketBeat.com's FREE daily email newsletter . «