OxFORD Asset Management LLP bought a new position in shares of Flushing Financial Co. (NASDAQ:FFIC) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 10,066 shares of the bank’s stock, valued at approximately $298,000.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Dimensional Fund Advisors LP boosted its stake in shares of Flushing Financial by 1.0% during the third quarter. Dimensional Fund Advisors LP now owns 2,303,474 shares of the bank’s stock worth $68,460,000 after buying an additional 23,273 shares during the period. Schwab Charles Investment Management Inc. boosted its stake in shares of Flushing Financial by 5.8% during the third quarter. Schwab Charles Investment Management Inc. now owns 135,543 shares of the bank’s stock worth $4,029,000 after buying an additional 7,382 shares during the period. Wells Fargo & Company MN boosted its stake in shares of Flushing Financial by 36.5% during the third quarter. Wells Fargo & Company MN now owns 41,469 shares of the bank’s stock worth $1,232,000 after buying an additional 11,088 shares during the period. Macquarie Group Ltd. boosted its stake in shares of Flushing Financial by 9.3% during the third quarter. Macquarie Group Ltd. now owns 492,883 shares of the bank’s stock worth $14,649,000 after buying an additional 41,965 shares during the period. Finally, SG Americas Securities LLC acquired a new stake in shares of Flushing Financial during the third quarter worth about $135,000. Institutional investors and hedge funds own 77.36% of the company’s stock.

In related news, Director John E. Sr Roe, Sr. sold 3,629 shares of the firm’s stock in a transaction dated Friday, November 10th. The shares were sold at an average price of $26.98, for a total value of $97,910.42. Following the completion of the sale, the director now owns 66,434 shares in the company, valued at $1,792,389.32. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Sam Sang Ki Han sold 5,000 shares of the firm’s stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $28.93, for a total transaction of $144,650.00. Following the completion of the sale, the director now owns 41,066 shares of the company’s stock, valued at approximately $1,188,039.38. The disclosure for this sale can be found here. In the last 90 days, insiders sold 16,058 shares of company stock valued at $443,589. 4.86% of the stock is owned by insiders.

Shares of Flushing Financial Co. (NASDAQ FFIC) opened at $27.50 on Friday. The company has a debt-to-equity ratio of 2.23, a current ratio of 1.15 and a quick ratio of 1.15. The company has a market cap of $798.02, a PE ratio of 16.99, a P/E/G ratio of 1.66 and a beta of 1.06. Flushing Financial Co. has a 12-month low of $24.27 and a 12-month high of $31.96.

Flushing Financial (NASDAQ:FFIC) last announced its quarterly earnings data on Tuesday, October 31st. The bank reported $0.37 EPS for the quarter, missing the Zacks’ consensus estimate of $0.44 by ($0.07). The firm had revenue of $44.70 million during the quarter. Flushing Financial had a net margin of 19.50% and a return on equity of 9.04%. equities analysts forecast that Flushing Financial Co. will post 1.67 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Friday, December 8th were given a $0.18 dividend. The ex-dividend date was Thursday, December 7th. This represents a $0.72 dividend on an annualized basis and a yield of 2.62%. Flushing Financial’s payout ratio is currently 42.11%.

Several equities research analysts have recently weighed in on FFIC shares. Zacks Investment Research downgraded shares of Flushing Financial from a “buy” rating to a “hold” rating in a research note on Monday, November 6th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $30.00 target price on shares of Flushing Financial in a research note on Sunday, October 8th. Sandler O’Neill downgraded shares of Flushing Financial from a “buy” rating to a “hold” rating and set a $31.00 target price for the company. in a research note on Thursday, November 30th. They noted that the move was a valuation call. ValuEngine upgraded shares of Flushing Financial from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Finally, Piper Jaffray Companies reiterated a “hold” rating and set a $28.00 target price on shares of Flushing Financial in a research note on Friday, November 10th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $30.25.

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About Flushing Financial

Flushing Financial Corporation is the bank holding company for Flushing Bank (the Bank). The Company is a community-oriented financial institution offering a range of financial services. The Bank’s subsidiaries include Flushing Preferred Funding Corporation, Flushing Service Corporation and FSB Properties Inc The Company also owns Flushing Financial Capital Trust II, Flushing Financial Capital Trust III and Flushing Financial Capital Trust IV (the Trusts).

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Institutional Ownership by Quarter for Flushing Financial (NASDAQ:FFIC)

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