The First Defiance Financial Corp. (FDEF) Scheduled to Post Quarterly Earnings on Monday

The First Defiance Financial Corp. (FDEF) Scheduled to Post Quarterly Earnings on Monday

First Defiance Financial Corp. (NASDAQ:FDEF) is scheduled to be announcing its Q316 earnings results on Monday, October 17th. Analysts expect the company to announce earnings of $0.78 per share and revenue of $20.18 million for the quarter.

First Defiance Financial Corp. (NASDAQ:FDEF) last released its earnings results on Monday, July 18th. The company reported $0.80 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.70 by $0.10. First Defiance Financial Corp. had a return on equity of 9.80% and a net margin of 23.67%. On average, analysts expect First Defiance Financial Corp. to post $3.14 EPS for the current fiscal year and $3.20 EPS for the next fiscal year.

Shares of First Defiance Financial Corp. (NASDAQ:FDEF) opened at 43.73 on Friday. The firm has a 50-day moving average price of $44.82 and a 200-day moving average price of $41.36. First Defiance Financial Corp. has a 52-week low of $34.80 and a 52-week high of $46.83. The stock has a market capitalization of $392.52 million, a P/E ratio of 14.49 and a beta of 0.79.

Several research firms recently weighed in on FDEF. Zacks Investment Research downgraded First Defiance Financial Corp. from a “buy” rating to a “hold” rating in a research note on Tuesday, September 20th. Keefe, Bruyette & Woods upped their price target on First Defiance Financial Corp. from $40.00 to $45.00 and gave the stock a “market perform” rating in a research note on Monday, August 29th.

In other news, insider Gregory R. Allen sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, July 26th. The stock was sold at an average price of $43.03, for a total transaction of $43,030.00. Following the completion of the transaction, the insider now owns 16,092 shares in the company, valued at $692,438.76. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 3.20% of the stock is owned by company insiders.

Several hedge funds and other institutional investors have recently modified their holdings of FDEF. Panagora Asset Management Inc. raised its position in shares of First Defiance Financial Corp. by 30.9% in the second quarter. Panagora Asset Management Inc. now owns 25,915 shares of the company’s stock worth $1,007,000 after buying an additional 6,123 shares during the last quarter. Zacks Investment Management raised its position in shares of First Defiance Financial Corp. by 14.6% in the second quarter. Zacks Investment Management now owns 33,895 shares of the company’s stock worth $1,317,000 after buying an additional 4,309 shares during the last quarter. Menta Capital LLC raised its position in shares of First Defiance Financial Corp. by 20.8% in the second quarter. Menta Capital LLC now owns 14,095 shares of the company’s stock worth $548,000 after buying an additional 2,430 shares during the last quarter. Allianz Asset Management AG raised its position in shares of First Defiance Financial Corp. by 9.8% in the second quarter. Allianz Asset Management AG now owns 56,704 shares of the company’s stock worth $2,203,000 after buying an additional 5,079 shares during the last quarter. Finally, State Street Corp raised its position in shares of First Defiance Financial Corp. by 6.4% in the second quarter. State Street Corp now owns 148,897 shares of the company’s stock worth $5,785,000 after buying an additional 8,934 shares during the last quarter. Hedge funds and other institutional investors own 64.05% of the company’s stock.

About First Defiance Financial Corp.

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