Harry Maxwell Hatfield Purchases 1,711 Shares of Premier Financial Bancorp, Inc. (NASDAQ:PFBI) Stock

Premier Financial Bancorp, Inc. (NASDAQ:PFBI) Director Harry Maxwell Hatfield purchased 1,711 shares of the company’s stock in a transaction on Friday, November 17th. The stock was acquired at an average price of $19.00 per share, for a total transaction of $32,509.00. Following the completion of the transaction, the director now owns 22,960 shares of the company’s stock, valued at approximately $436,240. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Premier Financial Bancorp, Inc. (PFBI) traded down $0.23 during midday trading on Wednesday, reaching $18.80. The company’s stock had a trading volume of 11,750 shares, compared to its average volume of 17,204. The firm has a market cap of $207.82, a P/E ratio of 14.54 and a beta of 0.51. Premier Financial Bancorp, Inc. has a 12-month low of $17.25 and a 12-month high of $22.92. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.06.

Premier Financial Bancorp (NASDAQ:PFBI) last announced its quarterly earnings results on Thursday, November 2nd. The bank reported $0.32 EPS for the quarter. Premier Financial Bancorp had a return on equity of 8.07% and a net margin of 20.75%. The business had revenue of $16.21 million during the quarter.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Friday, December 15th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.19%. Premier Financial Bancorp’s dividend payout ratio (DPR) is presently 44.78%.

Several hedge funds have recently modified their holdings of the company. Dimensional Fund Advisors LP lifted its holdings in shares of Premier Financial Bancorp by 1.6% during the third quarter. Dimensional Fund Advisors LP now owns 528,159 shares of the bank’s stock worth $11,509,000 after buying an additional 8,320 shares during the last quarter. Wells Fargo & Company MN grew its position in Premier Financial Bancorp by 18.8% in the third quarter. Wells Fargo & Company MN now owns 26,586 shares of the bank’s stock valued at $580,000 after acquiring an additional 4,199 shares during the period. Strs Ohio grew its position in Premier Financial Bancorp by 214.7% in the third quarter. Strs Ohio now owns 13,500 shares of the bank’s stock valued at $294,000 after acquiring an additional 9,210 shares during the period. State Street Corp grew its position in Premier Financial Bancorp by 12.5% in the second quarter. State Street Corp now owns 142,809 shares of the bank’s stock valued at $2,942,000 after acquiring an additional 15,897 shares during the period. Finally, Vanguard Group Inc. grew its position in Premier Financial Bancorp by 4.6% in the second quarter. Vanguard Group Inc. now owns 221,118 shares of the bank’s stock valued at $4,557,000 after acquiring an additional 9,778 shares during the period. Institutional investors own 29.81% of the company’s stock.

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About Premier Financial Bancorp

Premier Financial Bancorp, Inc (Premier) is a multi-bank holding company. The Company’s banking subsidiaries (the Banks or Affiliate Banks) consist of Citizens Deposit Bank and Trust, Inc, Vanceburg, Kentucky and Premier Bank, Inc, Huntington, West Virginia. Through the Banks, the Company focuses on providing community banking services to individuals and small-to-medium sized businesses.

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