Shares of First Defiance Financial Corp. (NASDAQ:FDEF) have received an average broker rating score of 2.33 (Buy) from the three analysts that provide coverage for the company, Zacks Investment Research reports. Two research analysts have rated the stock with a hold rating and one has issued a strong buy rating on the company. First Defiance Financial Corp.’s rating score has improved by 6.8% from 90 days ago as a result of various analysts’ ratings changes.

Brokerages have set a one year consensus price objective of $57.50 for the company and are forecasting that the company will post $0.89 earnings per share for the current quarter, according to Zacks. Zacks has also assigned First Defiance Financial Corp. an industry rank of 107 out of 265 based on the ratings given to its competitors.

Several brokerages have recently issued reports on FDEF. BidaskClub lowered First Defiance Financial Corp. from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st. Zacks Investment Research upgraded First Defiance Financial Corp. from a “hold” rating to a “buy” rating and set a $61.00 price target for the company in a report on Wednesday, October 18th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $54.00 price target on shares of First Defiance Financial Corp. in a report on Thursday, October 19th. Finally, ValuEngine lowered First Defiance Financial Corp. from a “buy” rating to a “hold” rating in a report on Friday, September 1st.

Shares of First Defiance Financial Corp. (FDEF) traded up $0.35 during midday trading on Friday, reaching $53.12. The company’s stock had a trading volume of 18,611 shares, compared to its average volume of 26,305. First Defiance Financial Corp. has a 12-month low of $43.40 and a 12-month high of $56.91. The firm has a market cap of $539.48, a price-to-earnings ratio of 15.81 and a beta of 0.94. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.01 and a quick ratio of 1.00.

First Defiance Financial Corp. (NASDAQ:FDEF) last announced its quarterly earnings data on Monday, October 16th. The savings and loans company reported $0.92 EPS for the quarter, topping the Zacks’ consensus estimate of $0.87 by $0.05. First Defiance Financial Corp. had a return on equity of 9.51% and a net margin of 21.47%. The firm had revenue of $34.50 million during the quarter, compared to analyst estimates of $34.85 million. equities research analysts forecast that First Defiance Financial Corp. will post 3.45 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, November 17th. Stockholders of record on Friday, November 10th were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Thursday, November 9th. This represents a $1.00 annualized dividend and a dividend yield of 1.88%. First Defiance Financial Corp.’s dividend payout ratio is 32.36%.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Legal & General Group Plc lifted its holdings in First Defiance Financial Corp. by 1.0% in the 1st quarter. Legal & General Group Plc now owns 2,400 shares of the savings and loans company’s stock worth $119,000 after purchasing an additional 23 shares during the last quarter. Summit Global Investments lifted its holdings in First Defiance Financial Corp. by 2.2% in the 2nd quarter. Summit Global Investments now owns 9,200 shares of the savings and loans company’s stock worth $485,000 after purchasing an additional 200 shares during the last quarter. Acadian Asset Management LLC lifted its holdings in First Defiance Financial Corp. by 3.7% in the 2nd quarter. Acadian Asset Management LLC now owns 5,657 shares of the savings and loans company’s stock worth $298,000 after purchasing an additional 201 shares during the last quarter. Aperio Group LLC lifted its holdings in First Defiance Financial Corp. by 4.9% in the 2nd quarter. Aperio Group LLC now owns 6,328 shares of the savings and loans company’s stock worth $333,000 after purchasing an additional 294 shares during the last quarter. Finally, American International Group Inc. lifted its holdings in First Defiance Financial Corp. by 7.0% in the 1st quarter. American International Group Inc. now owns 5,415 shares of the savings and loans company’s stock worth $268,000 after purchasing an additional 352 shares during the last quarter. Hedge funds and other institutional investors own 63.69% of the company’s stock.

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About First Defiance Financial Corp.

First Defiance Financial Corp. 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 Defiance Risk Management).

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