Premier Financial Bancorp, Inc. (NASDAQ:PFBI) Director Thomas W. Wright sold 1,632 shares of Premier Financial Bancorp stock in a transaction that occurred on Wednesday, February 20th. The stock was sold at an average price of $16.35, for a total transaction of $26,683.20. Following the completion of the sale, the director now directly owns 43,305 shares of the company’s stock, valued at approximately $708,036.75. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

NASDAQ:PFBI traded up $0.44 during trading hours on Friday, reaching $16.40. The company had a trading volume of 456 shares, compared to its average volume of 17,176. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.06. Premier Financial Bancorp, Inc. has a 52 week low of $14.07 and a 52 week high of $21.40. The company has a market cap of $239.16 million, a PE ratio of 10.89 and a beta of 0.67.

Premier Financial Bancorp (NASDAQ:PFBI) last posted its earnings results on Thursday, May 2nd. The bank reported $0.42 EPS for the quarter. Premier Financial Bancorp had a net margin of 27.09% and a return on equity of 10.41%. The business had revenue of $19.01 million during the quarter.

The business also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 3.66%. The ex-dividend date is Thursday, June 13th.

Large investors have recently bought and sold shares of the business. Dimensional Fund Advisors LP lifted its stake in shares of Premier Financial Bancorp by 15.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 900,385 shares of the bank’s stock valued at $14,145,000 after buying an additional 120,884 shares in the last quarter. BlackRock Inc. grew its holdings in Premier Financial Bancorp by 2.6% during the 4th quarter. BlackRock Inc. now owns 630,760 shares of the bank’s stock valued at $9,404,000 after purchasing an additional 16,130 shares during the last quarter. Vanguard Group Inc grew its holdings in Premier Financial Bancorp by 0.3% during the 3rd quarter. Vanguard Group Inc now owns 388,772 shares of the bank’s stock valued at $7,189,000 after purchasing an additional 1,139 shares during the last quarter. Pacific Ridge Capital Partners LLC grew its holdings in Premier Financial Bancorp by 19.4% during the 1st quarter. Pacific Ridge Capital Partners LLC now owns 300,272 shares of the bank’s stock valued at $4,717,000 after purchasing an additional 48,744 shares during the last quarter. Finally, Renaissance Technologies LLC grew its holdings in Premier Financial Bancorp by 10.4% during the 1st quarter. Renaissance Technologies LLC now owns 215,588 shares of the bank’s stock valued at $3,387,000 after purchasing an additional 20,234 shares during the last quarter. 32.18% of the stock is owned by institutional investors and hedge funds.

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Premier Financial Bancorp Company Profile

Premier Financial Bancorp, Inc offers banking products and services. The company offers demand deposits and interest and non-interest bearing time and savings deposits. The company's deposits include jumbo deposits and retail time deposits. The bank provides commercial and industrial loans, consumer loans, commercial real estate loans, and other loans and leases.

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