Geode Capital Management LLC increased its stake in First Defiance Financial (NASDAQ:FDEF) by 4.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 243,882 shares of the savings and loans company’s stock after buying an additional 11,349 shares during the period. Geode Capital Management LLC owned 1.20% of First Defiance Financial worth $5,977,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Federated Investors Inc. PA raised its stake in First Defiance Financial by 80.0% in the third quarter. Federated Investors Inc. PA now owns 272,751 shares of the savings and loans company’s stock worth $8,213,000 after buying an additional 121,238 shares in the last quarter. Vanguard Group Inc grew its holdings in First Defiance Financial by 101.9% in the third quarter. Vanguard Group Inc now owns 873,117 shares of the savings and loans company’s stock worth $26,290,000 after purchasing an additional 440,571 shares during the period. BlackRock Inc. grew its holdings in First Defiance Financial by 86.6% in the third quarter. BlackRock Inc. now owns 2,139,575 shares of the savings and loans company’s stock worth $64,422,000 after purchasing an additional 992,763 shares during the period. Wells Fargo & Company MN grew its holdings in First Defiance Financial by 106.7% in the third quarter. Wells Fargo & Company MN now owns 80,357 shares of the savings and loans company’s stock worth $2,419,000 after purchasing an additional 41,473 shares during the period. Finally, Bessemer Group Inc. grew its holdings in First Defiance Financial by 52.1% in the fourth quarter. Bessemer Group Inc. now owns 43,200 shares of the savings and loans company’s stock worth $1,059,000 after purchasing an additional 14,800 shares during the period. 64.40% of the stock is owned by institutional investors.

In other news, CEO Donald P. Hileman sold 1,000 shares of the stock in a transaction that occurred on Thursday, February 14th. The shares were sold at an average price of $29.35, for a total transaction of $29,350.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Mark Andrew Robison purchased 887 shares of the business’s stock in a transaction dated Thursday, March 7th. The shares were purchased at an average price of $30.04 per share, for a total transaction of $26,645.48. The disclosure for this purchase can be found here. Corporate insiders own 2.36% of the company’s stock.

NASDAQ:FDEF opened at $28.90 on Friday. First Defiance Financial has a 52 week low of $22.78 and a 52 week high of $35.00. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.00 and a current ratio of 1.00. The company has a market cap of $579.94 million, a PE ratio of 12.96 and a beta of 0.99.

First Defiance Financial (NASDAQ:FDEF) last posted its quarterly earnings results on Monday, January 21st. The savings and loans company reported $0.56 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.56. First Defiance Financial had a net margin of 28.21% and a return on equity of 11.70%. The firm had revenue of $36.86 million for the quarter, compared to analysts’ expectations of $37.40 million. As a group, equities analysts predict that First Defiance Financial will post 2.34 earnings per share for the current fiscal year.

FDEF has been the topic of a number of recent research reports. Zacks Investment Research upgraded shares of First Defiance Financial from a “hold” rating to a “buy” rating and set a $33.00 price objective on the stock in a report on Friday, April 12th. BidaskClub upgraded shares of First Defiance Financial from a “hold” rating to a “buy” rating in a report on Friday, February 22nd. Finally, ValuEngine upgraded shares of First Defiance Financial from a “sell” rating to a “hold” rating in a report on Thursday, February 7th. Two analysts have rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $33.67.

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First Defiance Financial Company Profile

First Defiance Financial Corp. operates as a unitary thrift holding company that provides community-based financial services in northwest Ohio, northeast Indiana, and southeastern Michigan. It offers checking accounts, money market accounts, savings accounts, term certificate accounts, demand deposits, and certificates of deposits, as well as certificate of deposit account registry service; and commercial real estate, commercial, consumer finance, 1-4 family residential real estate, construction, and home equity and improvement loans.

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Institutional Ownership by Quarter for First Defiance Financial (NASDAQ:FDEF)

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