Shares of First Defiance Financial (NASDAQ:FDEF) have earned a consensus broker rating score of 2.00 (Buy) from the five brokers that cover the stock, Zacks Investment Research reports. Two research analysts have rated the stock with a hold recommendation, one has issued a buy recommendation and two have assigned a strong buy recommendation to the company.

Analysts have set a 1 year consensus price target of $21.67 for the company and are forecasting that the company will post $0.38 earnings per share for the current quarter, according to Zacks. Zacks has also given First Defiance Financial an industry rank of 164 out of 254 based on the ratings given to its competitors.

Several analysts have recently issued reports on FDEF shares. Zacks Investment Research upgraded shares of First Defiance Financial from a “strong sell” rating to a “hold” rating in a research report on Wednesday. ValuEngine raised shares of First Defiance Financial from a “strong sell” rating to a “sell” rating in a research report on Friday, May 1st. BidaskClub lowered shares of First Defiance Financial from a “sell” rating to a “strong sell” rating in a research report on Thursday, May 14th. Finally, TheStreet downgraded shares of First Defiance Financial from a “b” rating to a “c+” rating in a research note on Monday, March 9th.

Shares of FDEF stock traded down $0.80 during trading hours on Friday, reaching $17.24. The company’s stock had a trading volume of 17,242 shares, compared to its average volume of 170,660. The firm’s fifty day simple moving average is $15.37 and its 200 day simple moving average is $24.20. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.28. The stock has a market capitalization of $620.74 million, a P/E ratio of 15.16 and a beta of 1.45. First Defiance Financial has a one year low of $10.98 and a one year high of $32.39.

First Defiance Financial (NASDAQ:FDEF) last announced its quarterly earnings data on Tuesday, April 28th. The savings and loans company reported $0.15 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.44 by ($0.29). First Defiance Financial had a net margin of 7.34% and a return on equity of 10.64%. The firm had revenue of $59.46 million for the quarter, compared to analysts’ expectations of $59.30 million. As a group, equities research analysts forecast that First Defiance Financial will post 1.44 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Friday, May 15th were paid a $0.22 dividend. The ex-dividend date of this dividend was Thursday, May 14th. This represents a $0.88 annualized dividend and a yield of 5.10%. First Defiance Financial’s dividend payout ratio (DPR) is 34.78%.

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Swiss National Bank raised its holdings in shares of First Defiance Financial by 1.6% in the fourth quarter. Swiss National Bank now owns 37,800 shares of the savings and loans company’s stock worth $1,190,000 after buying an additional 600 shares during the last quarter. Budros Ruhlin & Roe Inc. lifted its holdings in shares of First Defiance Financial by 2.4% in the 1st quarter. Budros Ruhlin & Roe Inc. now owns 30,968 shares of the savings and loans company’s stock valued at $456,000 after buying an additional 714 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of First Defiance Financial by 46.3% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,161 shares of the savings and loans company’s stock worth $47,000 after buying an additional 1,000 shares during the last quarter. FMR LLC grew its holdings in First Defiance Financial by 347.5% during the first quarter. FMR LLC now owns 1,544 shares of the savings and loans company’s stock worth $44,000 after acquiring an additional 1,199 shares during the period. Finally, Ameritas Investment Partners Inc. grew its holdings in First Defiance Financial by 96.1% during the first quarter. Ameritas Investment Partners Inc. now owns 3,134 shares of the savings and loans company’s stock worth $46,000 after acquiring an additional 1,536 shares during the period. 64.87% of the stock is owned by institutional investors and hedge funds.

About First Defiance Financial

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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