Trade Report: Today: Sigma Planning Corp Reached $500,000 position of First Defiance Financial Corp. (FDEF)

Today: Sigma Planning Corp Reached $500,000 position  of First Defiance Financial Corp. (FDEF)

Sigma Planning Corp raised its stake in First Defiance Financial Corp. (NASDAQ:FDEF) by 0.5% during the third quarter, Holdings Channel reports. The fund owned 11,201 shares of the company’s stock after buying an additional 58 shares during the period. Sigma Planning Corp owned 0.12% of First Defiance Financial Corp. worth $500,000 as of its most recent filing with the SEC.

Other institutional investors have also bought and sold shares of the company. JPMorgan Chase & Co. boosted its position in First Defiance Financial Corp. by 67.0% in the third quarter. JPMorgan Chase & Co. now owns 137,027 shares of the company’s stock worth $6,117,000 after buying an additional 54,952 shares during the last quarter. Emerald Acquisition Ltd. purchased a new position in First Defiance Financial Corp. during the second quarter worth about $1,276,000. Piermont Capital Management Inc. purchased a new position in First Defiance Financial Corp. during the second quarter worth about $1,164,000. Royal Bank of Canada boosted its position in First Defiance Financial Corp. by 86.0% in the second quarter. Royal Bank of Canada now owns 55,021 shares of the company’s stock worth $2,138,000 after buying an additional 25,438 shares during the last quarter. Finally, BlackRock Institutional Trust Company N.A. boosted its position in First Defiance Financial Corp. by 3.6% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 671,709 shares of the company’s stock worth $26,096,000 after buying an additional 23,395 shares during the last quarter. Institutional investors and hedge funds own 67.52% of the company’s stock.

Shares of First Defiance Financial Corp. (NASDAQ:FDEF) opened at 46.43 on Monday. First Defiance Financial Corp. has a one year low of $34.80 and a one year high of $46.83. The company’s 50-day moving average price is $42.69 and its 200 day moving average price is $42.14. The stock has a market capitalization of $416.99 million, a PE ratio of 15.08 and a beta of 0.89.

First Defiance Financial Corp. (NASDAQ:FDEF) last announced its earnings results on Monday, October 17th. The company reported $0.78 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.78. First Defiance Financial Corp. had a return on equity of 9.81% and a net margin of 23.51%. Analysts anticipate that First Defiance Financial Corp. will post $3.12 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Friday, November 18th. Investors of record on Friday, November 11th were issued a $0.22 dividend. The ex-dividend date was Tuesday, November 8th. This represents a $0.88 dividend on an annualized basis and a yield of 1.90%. First Defiance Financial Corp.’s dividend payout ratio is currently 28.66%.

FDEF has been the subject of a number of research reports. Zacks Investment Research cut First Defiance Financial Corp. from a “hold” rating to a “sell” rating in a report on Tuesday, October 25th. Keefe, Bruyette & Woods upped their price objective on First Defiance Financial Corp. from $40.00 to $45.00 and gave the stock a “market perform” rating in a report on Monday, August 29th.

About First Defiance Financial Corp.

First Defiance Financial Corp. (First Defiance) is a unitary thrift holding company that focuses on traditional banking and property and casualty, life and group health insurance products. The Company operates through its subsidiaries, First Federal Bank of the Midwest (First Federal or the Bank), First Insurance Group of the Midwest, Inc (First Insurance) and First Defiance Risk Management Inc First Federal is a federally chartered stock savings bank.

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